Product Owner - Annuity Platform Transformation

Reposted 22 Hours Ago
Be an Early Applicant
3 Locations
In-Office
152K-186K Annually
Senior level
Financial Services
The Role
As a Product Owner for the Annuity Platform Transformation, you will lead modernization initiatives, prioritize technical debt reduction, and ensure alignment between business strategy and technical execution.
Summary Generated by Built In

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 Owner - Annuity Platform Transformation lead to join our Annuity Administration Team in Newport Beach, CA; Omaha, NE; or Charlotte, NC.

As a Lead Product Owner you will move Pacific Life, and your career forward, by driving a multi-year Annuity Platform Transformation Initiative, focused on modernizing legacy platforms into scalable, API-driven, cloud-native solutions. This role is pivotal in bridging business strategy and technical execution, ensuring that complex legacy systems are transformed into modern, resilient, and future-ready platforms.

This is a multi-year initiative that focuses on modernizing the Annuity Platform ecosystem and surrounding capabilities. The objective is to reduce technical debt, improve scalability, simplify integrations, and leverage cloud-enabled architecture to support long-term transformation and operational efficiency.

The ideal candidate brings a combination of strong cloud transformation experience, deep technical fluency, and the ability to lead cross-functional teams through ambiguity and large-scale change. You will work closely with Engineering, Architecture, and Business stakeholders to ensure that transformation efforts deliver measurable business value, operational efficiency, and improved customer experience.

How you'll help move us forward:

Technical Product Ownership
  • Define and own the modernization roadmap focused on reducing technical debt, improving operational efficiency, and enabling cloud-ready capabilities for future-state architecture.

  • Prioritize across tech debt reduction, platform modernization, and new capabilities

  • Ensure clear user stories, acceptance criteria, and delivery outcomes

  • Act as the voice of the customer and business stakeholders

  • Lead cross-functional coordination across Engineering, Architecture, QA, and Business

  • Manage interdependencies, risks, and delivery timelines

  • Establish governance for tracking progress and value realization

Platform Transformation Leadership
  • Lead end-to-end platform modernization initiatives focused on improving scalability, reducing technical debt, and enabling cloud-native integration and service capabilities.

  • Experience supporting or leading cloud transformation initiatives in partnership with architecture and engineering teams.

  • Support transformation by gradually replacing legacy systems and adopting modern design approaches such as API-based and event-driven solutions.

  • Enable adoption of AWS services, CI/CD pipelines, and DevOps practices

The experience you bring:

  • 10+ years in System Analysis/Product Ownership or other IT related roles in Technology Domain.

  • Bachelor's degree in computer science, MIS, Information Systems or engineering fields, or equivalent experience.

  • Experience working in legacy environments undergoing modernization or transformation.

  • Ability to balance short-term delivery needs with long-term platform goals.

  • Understanding how to translate business wants and needs into technical specifications (i.e. User Stories, Features, Acceptance Criteria, Etc.).

  • Experience working with backlog management, collaboration, and visualization tools.

  • Experience working on a project with multiple stakeholders and competing priorities or initiatives.

  • Excellent organizational skills with a self-starter mentality and resourcefulness in solving problems to ensure teams have what they need to deliver.

What makes you stand out:
  • Strong understanding of cloud architecture principles, especially on Amazon Web Services (AWS).

  • Experience with key services such as compute, storage, networking, and serverless architectures.

  • Working knowledge of designing scalable, resilient, and cost-optimized cloud solutions.

  • Good understanding of microservices architecture and how to break down monolithic systems.

  • Familiarity with CI/CD pipelines and automated deployment processes.

  • Experience in Insurance / Financial Services (Annuity or Life Insurance)

  • Exposure to AI/Automation in modernization initiatives

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

#LI-EH2

    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.

    $152,010.00 - $185,790.00

    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

    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

    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.

    Skills Required

    • 10+ years in System Analysis or Product Ownership
    • Bachelor's degree in computer science or engineering fields
    • Experience working in legacy environments undergoing modernization
    • Ability to translate business wants into technical specifications
    • Experience with backlog management tools

    Pacific Life Compensation & Benefits Highlights

    The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Pacific Life and has not been reviewed or approved by Pacific Life.

    • Retirement Support Retirement funding includes both an automatic company contribution and a dollar‑for‑dollar 401(k) match, positioned as a standout element of the package. Vesting is defined at three years in official materials.
    • Leave & Time Off Breadth Time off is described as generous and scalable with tenure, complemented by multiple paid holidays and options to augment PTO. Paid parental leave and adoption assistance further extend coverage for families.
    • Wellbeing & Lifestyle Benefits A flexible annual wellbeing reimbursement supports diverse needs alongside counseling resources and wellness tools. Day‑one eligibility for core coverages adds immediate lifestyle value.

    Pacific Life Insights

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    The Company
    HQ: Newport Beach, CA
    3,447 Employees
    Year Founded: 1868

    What We Do

    For more than 150 years, Pacific Life has helped millions of individuals and families with their financial needs through a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Whether your goal is to protect loved ones or grow your assets for retirement, Pacific Life offers innovative products and services that provide value and financial security for current and future generations. Pacific Life counts more than half of the 100 largest U.S. companies as its clients and has been named one of the 2022 World’s Most Ethical Companies® by the Ethisphere Institute. For additional company information, including current financial strength ratings, visit www.PacificLife.com. Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2022 is compiled by Pacific Life using the 2022 FORTUNE 500® list. Learn more about Pacific Life: www.instagram.com/pacificlife www.twitter.com/pacificlife www.facebook.com/PacificLife www.youtube.com/user/PacificLifeInsurance Please review our social media guidelines: paclife.co/social

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