Product Manager, Defined Contribution Lifetime Income

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 Product Manager to join our Defined Contribution Lifetime Income team in Newport Beach, CA or Omaha, NE.

As a Product Manager for Defined Contribution Lifetime Income, you’ll move Pacific Life, and your career, forward by developing and managing our Institutional retirement solutions that meet plan sponsor and participant needs and align with the company's strategic goals. Your job involves a combination of market research, product development, and project management through cross-functional collaboration.

How you’ll help move us forward:

• Product Development: contribute to product development ideation, support product design feature development, and produce necessary documentation to facilitate knowledge transfer and development of requirements across project teams. Work closely with internal and external stakeholders to communicate the product vision, goals, and roadmap. Products can include solutions proprietary to Pacific Life, or in collaboration with strategic partnerships.
• Stakeholder Management: Collaborate with various stakeholders, including risk, pricing, legal, finance, sales teams, and operations, to ensure effective communication and alignment on product initiatives and goals in preparation for any internal approval processes.
• Product Implementation: In partnership with Delivery Acceleration, support the end-to-end product implementation process, including gathering business requirements and implementation across various internal and external stakeholders.
• Product Launch: Coordinate with marketing and sales teams to ensure effective product positioning and successful market entry. In partnership with these teams, develop and execute against product launch plans, including marketing strategies, training materials, and sales support.
• Market Analysis: In collaboration with DC strategist, support market research to identify customer needs, market trends, and competitive landscape. Gather insights to guide product development strategies and positioning against competitors. This may include collaboration with relationship management / strategic partnership efforts as well.
• Industry Knowledge: Stay up-to-date with DCLI industry trends, emerging technologies, and regulatory changes that impact the insurance landscape. Use this knowledge to inform product development strategies and identify market opportunities.

The experience you bring:

• Knowledge of DC plans, lifetime income product types and competitor landscape, broader DC ecosystem
• Strong insurance product knowledge and experience (e.g. defined contribution, annuities, and/or investments)
• Ability to partner with divisional stakeholders
• Strong interpersonal, communication, and presentation skills (with both internal and with external partners)
• Strong organizational skills and adept at creating and maintaining well-structured documentation to support cohesive messaging
• Ability to operate in ambiguity

You can be who you are.

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife

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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.