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Pacific Life · 10 hours ago

Sr. Executive Benefits/COLI Case Design Analyst

Newport Beach CA-700

Full-time

Onsite

Senior Level, Lead/Staff

$79K/yr - $96K/yr

8+ years exp

Pacific Life is a leading insurance company dedicated to providing for loved ones and planning rewarding retirements. They are seeking a Sr. Executive Benefits/COLI Case Design Analyst to support the growth of their COLI and Corporate Sponsored Life Insurance sales by providing plan design and product expertise.

FinanceFinancial ServicesInsurance

Comp. & Benefits

Responsibilities

Work collaboratively with the FVP, advisors, and TPAs to design comprehensive executive benefit programs

Maintain strong familiarity with COLI and CSLI executive benefits products & riders

Compile data and plan design parameters from a variety of sources

Use illustration software to create new business and inforce COLI illustrations

Provide accurate deliverables, including financial analysis and proposals, in a timely manner

Assist with presentations to prospects and clients as requested

Maintain an inventory of active cases and provide periodic status updates

Coordinate with New Business teams to ensure timely policy issue, provide corrected or revised illustrations promptly when requested

Create and maintain plan documentation

Participate in team meetings and contribute to the overall growth of the Corporate Solutions team

Contribute to product development efforts by conducting competitive studies and recommendations for product enhancements

Promote and market Pacific Life products to win the business

Qualification

COLI product knowledgeFinancial modeling in ExcelLife insurance illustration softwareAnalytical skillsPresentation skillsMath aptitudeCommunication skillsAttention to detailProblem-solving skillsOrganizational skillsTeam collaboration

Required

4-year degree or equivalent experience

8+ years in the life insurance industry, including 5+ years in COLI Non-Qualified Deferred Compensation design

Strong knowledge of all Executive Benefits (COLI and non-COLI) products and marketplace

Ability to handle a variety of concurrent projects, servicing clients proactively, as well as reacting appropriately to changing priorities

Ability to communicate effectively in person, in writing, and on the phone

Attention to detail

Analytical and creative problem-solving skills

Ability to organize tasks and data

Math aptitude

Proficient in life insurance illustration software; familiarity with Elective Deferral, SERP, and Split Dollar concepts and associated proposal development programs

Experience working in MS Office (particularly Powerpoint and Excel)

Position requires FINRA Series 6, 63, SIE, and Life licenses within 180 days of Start

Proficient in MS Office Suite

Preferred

Knowledgeable of Pacific Life products

Strong user of Pacific Life's Illustration software

Strong knowledge of all Executive Benefits (COLI and non-COLI) products and marketplace

Experience preparing and delivering presentations, especially in PowerPoint

Can present complex details in an easily understandable format

Excellent analytical, problem-solving, and decision-making skills

Self-starter with a growth mind-set focused on continual improvement

Is flexible with the ability to accept and manage change

Thrives as a member of a highly collaborative and cohesive team

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