Director Portfolio Strategy

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 Director of Portfolio Strategy to join Pacific Life Investments (PLI) in Newport Beach, CA.

As a Director of Portfolio Strategy, you’ll move Pacific Life, and your career, forward by determining portfolio investment requirements and overseeing investment activities to help develop and execute value-enhancing strategies. You will be collaborating across departments to ensure alignment and the furthering of PLI’s strategic objectives. You will fill a new role that sits on a team of 10 people within PLI. Your colleagues will include PLI’s Investment Strategy, Investment Analytics, and Investment Data Steward teams. 

How you’ll help move us forward: 

• Oversee the weekly consolidation of Pacific Life’s general account investment portfolio needs and assess and recommend investment volume requirements to the VP of Portfolio Strategy and assess 
• Lead the analysis and reporting of PLI’s asset strategy and investment performance including the production of the Monthly Investment Activity Report and the production of regular reports PLI/CIO needs to deliver 
• Monitor and affirm daily investment activities including portfolio turnover activity or other investment strategies. Direct the evaluation of investment guideline compliance of new investments for PLRE funded reinsurance transactions
• Lead and manage the Portfolio Strategy Team by fostering a culture of accountability, innovation, and excellence  
• Monitor projected cash flows and cash positions across various accounts and entities to facilitate the formulation of value-add investment strategies
• Oversee the completion all necessary Assets-in-Kind (AIK) analysis for both US PRT and PLRE businesses, and lead the collaboration among different areas to ensure smooth settlements of AIK assets in the case of a win
• Collaborate closely with ALM, Investment & Product Solutions, Operations, Investment Accounting, and Treasury teams, enabling alignment with our partners and communicating PLI’s activities and strategies. Recommend and facilitate necessary inter-portfolio asset transfers.

 The experience you bring:

• Bachelor’s degree in Finance, Accounting, Economics, or a related field with 10+ years of experience in investments or an investment-related field 
• Proficient in Microsoft Office (Excel, Word, PowerPoint, Outlook)
• Solid foundation in financial markets and a wide range of asset types including bonds, structured finance, mortgage loans, and private equities
• Strong analytical skills including the ability to understand and explain datasets and make sense of disparate, sometimes contradictory datapoints in order to provide thoughtful solutions
• 3+ years of experience in managing and developing a high-performing team
• Strong communication and interpersonal skills, able to interact productively with teams with competing priorities
• Demonstrated ability making strategic business and investment decisions and providing clear direction 
• Ability to work in a fast-paced, dynamic environment and manage multiple priorities 

What makes you stand out:

• Strong knowledge of life insurance company liabilities (including annuities and institutional products)
• CFA or FSA designation
• Proficient in Bloomberg, Power BI, Power Query, VBA, and Python

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. 
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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