About the position
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. Are you a strategic thinker with a passion for driving investment innovation? Pacific Life Investments (PLI) is looking for a visionary and results-oriented Director of Investment and Product Solutions (IPS) to join our team and will be based on the East coast. In this high-impact role, you'll help shape our investment strategy, drive portfolio performance, and collaborate with senior leaders across the organization. This is a unique opportunity to influence the future of our investment platform while working alongside some of the industry's top talent across public and private markets.
Responsibilities
- Shape and support the development of investment and hedging strategies, aligning with ALM, capital, risk, accounting, tax, and reinsurance considerations
- Develop and support investment assumptions for product pricing while collaborating with product teams
- Build analytical models to evaluate and advance capital efficiency to inform investment decisions and align with enterprise financial objectives
- Support ongoing investment performance monitoring to ensure alignment with divisional objectives and market dynamics
- Partner across teams to evaluate new and existing investment strategies across public and private markets
- Collaborate with Portfolio Strategy, Public & Private Market PMs, Enterprise ALM, Finance, Risk, Actuarial, and Investment Operations, to ensure alignment on PLI's activities and strategies with enterprise goals
- Champion and communicate our investment strategy to internal and external stakeholders
- Develop governance frameworks to support investment surveillance and best practice
- Contribute to building a high-performing investment team by mentoring other staff and advancing best ideas
Requirements
- 10+ years of experience in investments or an investment-related field
- Bachelor's degree in Finance, Accounting, Economics, Mathematics or related field
- Advanced degrees or certifications (CFA, MBA, CAIA, CPA, or actuarial designations)
- Proficient in Microsoft Office, including Excel VBA, Word, PowerPoint, Outlook
- Experience with Bloomberg API, Power BI, Power Query, VBA, and Python
- Strong familiarity with a broad range of asset types across investment grade credit, structured finance, mortgage loans, and other private assets
- Ability to analyze cash flows, liquidity profile, credit risk, tax treatment, capital treatment and GAAP and STAT accounting treatments for new asset classes and/or investments
- Strong communication and interpersonal skills, able to interact productively with teams while managing competing priorities
- Ability to work in a fast-paced, dynamic environment managing multiple priorities
Nice-to-haves
- Deep experience in life and annuity insurance portfolio management
- A strong understanding of Bermuda Monetary Authority (BMA) investment requirements
- A proven track record of innovation in portfolio construction and investment analysis
Benefits
- 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
