Defined Contribution Strategist - Retirement

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 Defined Contribution (DC) Strategist to join our Defined Contribution Lifetime Income (DCLI) team in Newport Beach, CA or Omaha, NE to work remotely, on a hybrid schedule, or in the office.

As the DC Strategist you'll play a key role in Pacific Life's growth and long-term success by leading efforts to develop, implement and manage strategies related to bringing guaranteed solutions to Defined Contribution Plans. This role requires expertise in Defined Contribution plan design, investment selection, lifetime income solutions, regulatory compliance factors and effective participant engagement tactics. As a thought leader in DCLI design, the DC Strategists works closely with internal stakeholders and external partners to define and deliver innovative solutions to deliver retirement outcomes for participants.

How you'll help move us forward:

• Collaborate with clients and DC Product Manager to design and implement defined contribution lifetime income solutions built to meet stated needs and objectives of retirement plans.

• Play a key role in the business planning and development of near and long term goals of the DCLI offering.

• Identify and coordinate potential solution strategy opportunities with our retail business.

• Collaborate with the DCLI Product Marketer on product strategy and audience messaging.

• Strong collaboration with marketing, national markets and strategic partnerships to enhance our DCLI narrative and amplify our voice in the market.

• Optimize participant outcomes based on an understanding of plan features designed to help promote better retirement outcomes.

• Develop materials, conduct workshops, and provide guidance to help participants maximize the value of their retirement savings through utilization of lifetime income solutions.

• Partner with research to develop and drive thought leadership agenda; distill insights into audience specific messaging connected to our go-to-market strategy including through webinars, podcasts, whitepapers, conferences and driving engagement with media organizations.

• Build strong relationships with clients and internal stakeholders to proactively identify opportunities to add value and enhance retirement outcome effectiveness.

• Participate in client facing meetings, acting as SME and supporting national markets team in their distribution efforts.

• In collaboration with DCLI product teams, monitor DCLI competitive landscape to understand trends, perform due diligence and understand impact to Pacific Life efforts and positioning of our solutions in market.

• Conduct sales training to help build internal awareness of lifetime income solutions available within defined contribution plans.

• Partner with DCLI product team to monitor Pacific Life product performance, conduct internal reviews and make recommendations for roadmap changes as appropriate.

• Design and execute participant communication tactics to increase understanding of retirement plan benefits and support informed decisions throughout the retirement journey.

• Be up-to-date on regulatory changes and industry trends and best practices related to defined contribution plans and lifetime income solutions.

• Ensure plan compliance with all applicable laws and regulations, such as ERISA, IRS regulations, and Department of Labor guidelines as it relates to incorporating DCLI solutions.

• Represent Pacific Life and our DCLI business at industry events and conferences.

The experience you bring:

• Bachelor's degree in marketing, business, economics or a similar field.

• Demonstrated 10+ years of Defined Contribution experience.

• FINRA Series 6 & 63.

• State life and health license preferred.

• Proven history of building and maintaining strong relationships with internal and external stakeholders.

• Ability to influence, partner and collaborate with divisional stakeholders.

• Strong desire for collaboration and a demonstrated ability to think creatively.

What makes you stand out:

• Strong interpersonal skills and the ability to operate in ambiguity

• Deep knowledge of DC plans, lifetime income product types and competitor landscape.

• An agile mindset and the ability to demonstrate results in a start-up environment.

• Compelling presentation skills.

• Finance background, with an ability to create proof of concept, create business cases, and understand pricing and profitability

• Desire to stay up-to-date with DCLI industry trends, emerging technologies and regulatory changes that impact the insurance landscape.

• Experience with retirement plan advisors, consultants, plan sponsors and plan administrators.

• Current participation in industry organizations (e.g,. DCIIA, ALI, etc.)

• Ability to travel 15-25% of the time.

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.

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.

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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.

$159,660.00 - $195,140.00

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.