Sr. Business Analyst, Product Development

Posted 3 Days Ago
Be an Early Applicant
3 Locations
In-Office
89K-126K Annually
Senior level
Financial Services
The Role
Senior Business Analyst on the Annuity Rate Setting team owning process improvements, coordinating stakeholders, maintaining documentation, supporting business tools and reporting, and partnering with actuarial, finance, operations, and technology to drive product competitiveness and 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.

The Opportunity

We're looking for a Senior Business Analyst to join our Annuity Rate Setting team within our Consumer Markets Division’s Product Development department. This role is on-site 4 days per week and work from home 1 day per week in Newport Beach, CA, Omaha, NE, or Charlotte, NC.

We're a small team that supports product competitiveness, rate recommendations, performance monitoring, and the business processes that help those activities run smoothly. We work with actuarial, finance, sales, investment, operations, and technology partners to help the business make informed decisions and execute effectively.

This role is a mix of process ownership, business analysis, coordination, and problem solving. You'll take ownership of several important team processes, help improve how we operate, support key business tools and capabilities, and work alongside highly analytical teammates who care deeply about getting things right.

The ideal candidate is organized, curious, dependable, and comfortable working in a quantitative environment. You should be willing to learn new concepts quickly, dig into details, and ask questions when something doesn't make sense.

How you’ll help move us forward

Process Ownership

  • Own and continuously improve several of the team's core processes, including rate setting, renewal rate submissions, and return reporting.

  • Coordinate timelines, stakeholders, and deliverables to help ensure work is completed accurately and on time.

  • Facilitate discussions, drive follow-through on decisions and action items, and help maintain accountability across teams.

  • Identify opportunities to simplify, strengthen, and scale how we work.

Team Operations
  • Help establish and maintain team processes that support priorities, commitments, and deadlines.

  • Coordinate work across product, actuarial, technology, operations, and business stakeholders.

  • Support process improvements and key business initiatives.

  • Develop reporting and metrics that provide visibility into important work.

  • Build strong working relationships across stakeholder groups and help drive alignment on priorities, decisions, and commitments.

Documentation & Knowledge Management
  • Maintain documentation, operating procedures, and knowledge-sharing resources.

  • Help organize team information and ensure key processes are well documented.

  • Support onboarding and knowledge transfer activities.

  • Promote consistency and good documentation practices across the team.

Business Tools & Technical Support
  • Help maintain and improve key business tools and reporting processes.

  • Partner with technical teammates on analytics, reporting, automation, and process improvements.

  • Support testing, documentation, and implementation of enhancements.

  • Develop sufficient expertise to provide backup support for critical team capabilities and business tools.


The experience you bring
  • Bachelor's degree in Business, Finance, Economics, Mathematics, Statistics, Actuarial Science, Engineering, Computer Science, Analytics, or a related quantitative field.

  • 2-5 years of experience in business analysis, consulting, analytics, financial services, operations, or a related area.

  • Strong analytical and problem-solving skills.

  • Strong Excel skills.

  • Excellent written and verbal communication skills.

  • Ability to manage multiple priorities and work across different stakeholder groups.

  • Ability to learn new concepts, tools, and processes quickly.

  • Comfort working in a quantitative business environment.

    Base salary ranges (location specific):

    • Newport Beach, CA: $103,140 - $126,060

    • Omaha, NE: $89,010- $108,790

    • Charlotte, NC: $93,690 - $114,510

    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.

    $103,140.00 - $126,060.00

    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

    • Bachelor's degree in Business, Finance, Economics, Mathematics, Statistics, Actuarial Science, Engineering, Computer Science, Analytics, or a related quantitative field
    • 2-5 years of experience in business analysis, consulting, analytics, financial services, operations, or a related area
    • Strong analytical and problem-solving skills
    • Strong Excel skills
    • Excellent written and verbal communication skills
    • Ability to manage multiple priorities and work across different stakeholder groups
    • Ability to learn new concepts, tools, and processes quickly
    • Comfort working in a quantitative business environment
    • On-site presence 4 days per week in Newport Beach, CA; Omaha, NE; or Charlotte, NC

    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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