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Pacific Life Insurance Company

Pacific Life Insurance Company

Sr. Business Analyst - Finance and Actuarial

Sr. Business Analyst - Finance and Actuarial

Job Details
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Uploaded On
November 4, 2024
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Location
Newport Beach, United States
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Remote?
No
Company Overview
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Headquarters
Newport Beach, CA
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Number of Employees
3000
Estimated Number of Actuaries
204
Salary
$
98
k-$
120
k
Glassdoor Ratings
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Overall Score

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Job Description:

Providing for loved ones, planning rewarding retirements, saving enough for whatever lies ahead - our policyholders count on us to be there when it matters most. It's a big ask, but it's one that we have the power to deliver when we work together. We collaborate and innovate - pushing one another to transform not just Pacific Life, but the entire industry for the better. Why? Because it's the right thing to do. Pacific Life is more than a job, it's a career with purpose. It's a career where you have the support, balance, and resources to make a positive impact on the future - including your own.

We're actively seeking a talented Senior Business Analyst to join our Finance Transformation team in Newport Beach, CA. This role can be on-site, or hybrid (local in the Newport Beach area).

As a Sr. Business Analyst you'll move Pacific Life, and your career, forward by analyzing and designing transformed processes for the Finance and Actuarial functions. Your colleagues will include Actuaries, Finance professionals, and IT professionals. The team is multidisciplinary and looking at our Finance and Actuarial processes end-to-end.

As part of the Finance and Actuarial-aligned transformation delivery team, you'll directly support Actuarial Project leads and collaborate with business stakeholders and technology teams to provide analysis and design for key initiatives.

How you'll help move us forward:
  • Contribute to medium-to-large initiatives that may be strategic and/or cross-functional by conceptualizing complex business problems and translating business objectives into actionable solutions to deliver the most cost-effective innovative technology solutions for required business needs.
  • Gather and analyze business requirements, industry best-practices and technical information to help design and support information technology solutions as a bridge between people, process and technology.
  • Understand the connection between Finance and Actuarial teams and the interrelated data requirements to support both functions (Finance, Actuarial, Data/IT) as a cross-functional liaison and interpreter.
  • Document business requirements - serve as the liaison between the business and technology regarding new business solutions or enhancements to existing business solutions. Responsible for collaborating with all levels of business and technology teams.
  • Understand the business area's strategy, customers, team structures, challenges and organizational relationships (internal and external).
  • Understand the technology that impacts the business area and the related baseline operational expectations.
  • Partner with technology teams to ensure business strategies and operational expectations are met or exceeded.
  • Analyze complex business processes to make improvements and develop solution design approaches:
    • Contribute to discovery activities.
    • Lead / participate in building business capability roadmaps and process improvements.
    • Perform Fit/Gap Analysis.
    • Document Functional design specifications and business requirements.
    • Partner with Quality Assurance to build automated testing capabilities.
    • Lead User Acceptance Testing and ensure exit criteria is met.
  • Collaborate with business subject matter experts, technology architects, various stakeholders and fellow analysts to design, manage implementation and support complex business and technology solutions.
  • Provide project oversight in support of project management through monitoring and assessment of project status and actively work to mitigate risks.
  • Maintain core documentation relating to process flows, data dictionaries and other key deliverables, from a Business and Technical perspective.


The experience you bring:
  • Bachelor's degree in business, computer science, or IT related field; master in business or related field preferred.
  • 5+ years of relevant experience.
  • Exposure to Finance and/or Actuarial disciplines.
  • Proficient computer skills, including Microsoft Office Suit, Microsoft Visio.
  • Experience implementing and/or supporting ERP and/or EPM applications (preferably cloud-based).
  • Experience supporting business analytics and/or data visualization projects.
  • Experience documenting business, functional, and technical requirements.
  • Excellent interpersonal skills and solid written and verbal communication.
  • Ability to work with and understand data.


What makes you stand out:
  • Finance and/or Actuarial background.
  • Exposure to Snowflake.
  • Experience with Tableau, PowerBI, or other visualization tools.


You can be who you are.

People come first here. We're committed to a diverse, equitable and inclusive workforce. Learn more about how we create a welcoming work environment through Diversity, Equity, and Inclusion at www.pacificlife.com. What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

#LI-MT1

#LI-Hybrid

Base Pay Range:

The base pay range noted represents the company's good faith minimum and maximum range for this role at the time of posting. The actual compensation offered to a candidate will be dependent upon several factors, including but not limited to experience, qualifications and geographic location. Also, most employees are eligible for additional incentive pay.

$98,100.00 - $119,900.00

Your Benefits Start Day 1

Your wellbeing is important to Pacific Life, and we're committed to providing you with flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we've got you covered.

  • Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents
  • Generous paid time off options including: Paid Time Off, Holiday Schedules, and Financial Planning Time Off
  • Paid Parental Leave as well as an Adoption Assistance Program
  • Competitive 401k savings plan with company match and an additional contribution regardless of participation


EEO Statement:

Pacific Life Insurance Company is an Equal Opportunity /Affirmative Action Employer, M/F/D/V. If you are a qualified individual with a disability or a disabled veteran, you have the right to request an accommodation if you are unable or limited in your ability to use or access our career center as a result of your disability. To request an accommodation, contact a Human Resources Representative at Pacific Life Insurance Company.
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Working at 

Pacific Life Insurance Company

Pacific Life Insurance Company is a reputable and long-standing provider of life insurance, annuities, and investment solutions. With a rich history spanning over 150 years, Pacific Life has established itself as a trusted name in the industry, known for its financial strength and stability. Actuaries play a crucial role at Pacific Life, utilizing their expertise in risk assessment and management to develop innovative and competitive products. They analyze vast amounts of data, conduct in-depth calculations, and employ advanced statistical models to determine appropriate pricing and risk levels for insurance and investment offerings. Actuaries collaborate closely with cross-functional teams, including underwriters and product managers, to ensure the company's products meet the needs of its diverse customer base. Pacific Life recognizes the value of continuous professional development and supports its actuaries in pursuing actuarial exams and further enhancing their skills. Through comprehensive training programs, mentorship opportunities, and access to industry seminars, actuaries at Pacific Life can stay at the forefront of the field and expand their knowledge. Joining Pacific Life as an actuary means becoming part of a dynamic and inclusive work environment, dedicated to innovation and excellence. Actuaries can expect competitive compensation packages, comprehensive benefits, and a supportive culture that values work-life balance. By joining Pacific Life, actuaries have the opportunity to make a meaningful impact in the lives of individuals and families by helping them secure their financial future with reliable insurance and investment solutions.

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