Director - Reinsurance Operations

Job Description:

Pacific Life is investing in bright, agile and diverse talent to contribute to our mission of innovating our business and creating a superior customer experience. We're actively seeking a talented Director - Reinsurance Operations to join our Enterprise Ceded Reinsurance in Newport Beach, CA; or Omaha NE. This role can be on-site or hybrid. Candidates open to relocating to either of these locations are encouraged to apply.

As a Director - Reinsurance Operations, you'll play a key role in Pacific Life's growth and long-term success by leading major reinsurance activities. You will fill a role that manages a team of 5 people in the Enterprise Ceded Reinsurance team. Your team will include Reinsurance Specialists, Financial Analysts, Systems Analysts, and Business Strategy Analysts. You will report directly to the AVP of Enterprise Ceded Reinsurance and your peers will be two Actuaries & Directors with 3 supporting actuaries. This team enjoys a collaborative environment where we work together within the Chief Actuaries area to deliver reinsurance solutions to the entire Pacific Life organization.

How you will make an impact:

• Manage and coordinate all Reinsurance Administration (a.k.a. the TAI system) system activities.

• Managing a team of highly skilled financial analysts, business strategists and systems analysts.

• Supporting timelines required to implement new ceded reinsurance treaties as well as management of in-force treaties for Enterprise of Pacific Life Insurance Company including:

  • Traditional life and annuity markets

  • Workforce Benefits

  • Institutional Division

  • Collaboration with PLRe

  • Settlements related to Captives Program, Modco and Financial Reinsurance arrangements

  • AffiliateRe transactions

• Lead the team through innovation and change management in an agile manner.

• Create a team first atmosphere with an open mind to change and innovation.

• Ensure strong collaboration with all internal departments to ensure that all needs are met regarding information, system needs and training.

• Mentor team members for guidance on career paths, including cross training to build strong succession plans.

• Collaborate with AVP of Reinsurance as well as Director & Actuary roles to ensure systems, governance and prudent system requirements are put in place for all Enterprise wide ceded reinsurance needs.

• Monitor performance of team members while identifying gaps needed in skillsets and maintaining necessary action plans.

The experience you will bring:

• 10+ years of life insurance, annuity and/or reinsurance experience.

• Experience with TAI administration system preferred.

• Strong influencing and negotiation skills and ability to work successfully with many different stakeholders.

• Excellent interpersonal and communication skills (both verbal and written) with ability to tailor approach to the audience.

• Strategic, technical and analytical mindset.

• Effective project management and multi-tasking skills.

• Ability to lead multiple projects and meet tight deadlines with thoughtful planning and effective execution.

What will make you stand out:

• Strong research/analytic capability and innovative thinking.

• Leadership qualities that promote collaboration and teamwork with internal and external partners.

• Organizational skills that promote effectiveness with managing timelines.

• Strong communication skills and ability to explain technical reinsurance items in easy-to-understand presentations to audiences not well versed in reinsurance.

• Experience with non-traditional reinsurance such as capital financing.

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 are eligible for additional incentive pay.

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.