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.

People come first here. We’re committed to an inclusive workforce. Learn more about how we create a welcoming work environment at www.pacificlife.com. What’s life like at Pacific Life? Visit Instagram.com/lifeatpacificlife. 

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.

$121,770.00 - $148,830.00

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 we