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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. Its a big ask, but its 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 its the right thing to do. Pacific Life is more than a job, its a career with purpose. Its a career where you have the support, balance, and resources to make a positive impact on the future including your own.
Were actively seeking a talented Financial Analyst II to join the Finance team in our Workforce Benefits division. This role is on-site a minimum of four days per week in our Newport Beach, CA or Omaha, NE offices.
As a Financial Analyst II , you'll support distribution compensation processes and models as we grow our new Workforce Benefits Division. Responsibilities include supporting commissions, supplemental compensation, collaborating with teams, managing schedules, and ensuring accurate payments. The role requires a customer-service orientation, problem-solving skills, and partnership with stakeholders. You will be part of a new team within our Finance department, thriving in an agile environment with industry experts.
How You'll Help Move Us Forward
Drive business decisions through financial analysis related to commissions and compensation programs.
Collaborate with teams to monitor compensation rates and ensure accurate, timely payments.
Support budget and reporting processes, including financial performance and cost analysis.
Process compensation requests and reconcile accounts, ensuring compliance with laws and confidentiality.
Support inquiries regarding payments and maintain broker data accuracy.
Perform technical financial analysis and prepare recommendations for financial plans and forecasts.
Research rates of return, depreciation, investment opportunities, and governmental impacts.
Use data analysis to generate forecasts and scenarios for trend analysis.
Support budget processes and financial performance reviews.
Manage financial plans and forecasts, aligning with enterprise objectives.
Apply scenario planning and risk assessment techniques, communicating outcomes for decision-making.
The Experience You Bring
Minimum 2+ years relevant work experience.
Bachelors degree or equivalent experience.
Knowledge of group insurance industry compensation structures.
Understanding of compensation processes, calculations, and systems.
Proficiency in prioritizing tasks, adaptability, and advanced Excel skills.
What Makes You Stand Out
Proficiency in Alteryx, SQL, or Python.
Meticulous work practices and thorough process documentation.
Familiarity with insurance carrier income statements and compensation programs.
Base Pay Range
The range is a good faith estimate at posting time; actual pay depends on experience, qualifications, and location. Incentive pay may also be available.
Your Benefits Start Day 1
Health, dental, vision, and wellbeing benefits.
Paid time off, holiday, and parental leave.
401k plan with company match and additional contributions.
EEO Statement
Pacific Life is an Equal Opportunity Employer. Qualified individuals with disabilities or veterans may request accommodations by contacting HR.
Additional Details Seniority level: Associate
Employment type: Full-time
Job function: Finance and Sales
Industry: Insurance
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