Financial Analysis Consultant

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 Consultant - FP&A and Business Insights to join our Pacific Life Investments in Newport Beach, CA.

How you’ll help move us forward:
 

Key Responsibilities:

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

• Establish key relationships within PLI and external PLI (ERM, Accounting, Accounting Policy, Treasury, Divisional Finance, Enterprise FP&A)

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

Planning:

• Develop and support the annual plan process for Pacific Life Investments, including Corporate Surplus Assets.

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

• Develop the plan for impairments and Underwritten Equity, ensuring alignment with divisions (CMD, ID, and PLRe) for inclusion in their plans.

• Review and oversee investment data for reasonability, coordinating with Investment Strategy and front office.

• Develop “what if” scenarios to help identify trends and support informed decision-making by key stakeholders.

Quarterly and Ad-Hoc Forecasting:

• Prepare and analyze quarterly financial forecasts, ensuring they reflect the latest business conditions and strategic priorities.

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

• Develop and present financial models and analyses to address specific business questions.

• Communicate forecast results and insights to stakeholders in a clear and concise manner.

Performance Reporting:

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

• Prepare variance and attribution analysis for internal stakeholders, highlighting key trends and performance drivers.

• Monitor and evaluate the performance of PLI, including the surplus portfolio, and provide feedback and development opportunities.

• Calculate and monitor risk-adjusted returns. Derive insights to inform investment strategies and decision-making.

Management Reporting:

• In partnership with Investment Strategy and PLI senior leadership, assist in the preparation of quarterly board reporting and quarterly business reviews.

• Support effort to develop comprehensive spread analysis framework, including production of quarterly reports for review with divisions.

Budgeting and Expense Management:

• Assist in the development of PLI’s annual budget, ensuring alignment with the company’s strategic goals and financial objectives.

• Support the preparation of updated financial forecasts, including variance analyses to inform data-driven decision-making.

• Monitor PLI actual expenses to ensure adherence to the approved budget, identifying and addressing any variances in a timely manner.

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

• Identify and recommend opportunities for cost savings and efficiency improvements.

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.

• Strong verbal and written communication skills for effective interactions.

• Experience working cross-functionall