Senior Financial Analyst II

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 Financial Analyst II to join our Pacific Life Investments - Finance team in Newport Beach, CA.

The Senior Financial Analyst II will support the financial planning, forecasting, and performance reporting activities for Pacific Life Investments (PLI). This role will focus on preparing financial models, assisting with budgeting and expense oversight, and generating reports that provide insights into the financial performance of PLI, including Corporate Surplus Assets. The Senior Financial Analyst will work closely with the Consultant and AVP.

This role is on-site 4 days a week. You'll work at our state-of-the-art Newport Beach headquarters.

How you'll help move us forward:

Planning:

• Support the annual plan process for PLI, including Corporate Surplus Assets, Underwritten Equity, and impairments.

• Accumulate, review, and validate business inputs and planning assumptions to be utilized in PLI planning and forecasting processes.

• Run "what if" scenarios to help identify trends and support informed decision-making by key stakeholders.

Quarterly and Ad-Hoc Forecasting:

• Prepare and update quarterly financial forecasts with the latest business inputs and assumptions.

• Support the analysis of the quarterly forecasts in comparison to prior forecasts or plan.

• Respond to ad hoc forecasting requests from senior management and other stakeholders.

• Assist in building financial models and analyses to address specific business questions.

Performance and Management Reporting:

• Produce recurring management reports and analytics for the operating units.

• Monitor the performance of PLI, including the surplus portfolio, analyzing key performance drivers and trends.

• Assist as needed in the preparation of materials for the quarterly board reporting and quarterly business reviews.

• Support departmental initiatives such as spread analysis, risk-adjusted returns calculations, etc.

Budgeting and Expense Management:

• Support the development of PLI's annual expense budget and quarterly forecast updates, with a focus on key spending areas such as technology, market data spend, managed services, etc.

• Monitor PLI actual expenses to ensure adherence to the approved budget. Identify and communicate variances in a timely manner.

• Analyze actual, budgeted, and forecasted PLI expense data and prepare reports for senior management, highlighting key trends, risks, and opportunities.

• Bring forward ideas for cost savings and efficiency improvements.

Departmental Support:

• Build and foster key relationships with internal partners, e.g., PLI, ERM, Accounting Policy, Treasury, Divisional Finance, Enterprise FP&A, etc. to ensure transparency and accuracy in planning, forecasting, and reporting processes.

• Document and maintain clear, detailed departmental procedures to support consistency, compliance, and knowledge sharing.

• Identify opportunities to enhance planning and forecasting processes, tools, and methodologies to drive greater transparency, efficiency, and accuracy.

The experience you bring:

• 8+ years of experience of progressive experience in professional accounting, FP&A or finance.

• Bachelor's degree in finance, accounting, business administration, or a related field.

• Proficiency in financial modeling, forecasting, budgeting, and analysis.

• Strong technical, analytical, and problem-solving skills to interpret complex financial data.

• Ability to meet and manage responsibilities under tight time frames.

• Solid verbal and written communication skills for effective interactions.

• Experience working cross-functionally with different departments.

• Continuous improvement mindset, collaborative and inclusive.

• Ability to work independently.

What makes you stand out:

• Advanced Excel skills and proficiency in financial systems and tools, including Oracle ERP, Oracle EPM, Tableau, Business Objects, Workiva (WDesk).

• Background in financial planning and analysis (FP&A) or corporate finance, particularly in a life and annuity insurance company.

• MBA, CPA, or CFA certification a plus.

• Understanding of investments accounting.

You can be who you are.

People come first here. Learn more about how we create a welcoming and inclusive work environment at www.pacificlife.com. What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

Benefits start Day 1.

Your wellbeing is important. We're committed to providing 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 a 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.

#LI-JF1

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.

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.