Defined Contribution Strategist
4 weeks ago
About the Role
Pacific Life is seeking a talented Defined Contribution (DC) Strategist to join our Defined Contribution Lifetime Income (DCLI) team in Newport Beach, CA or Omaha, NE. As a DC Strategist, you will play a key role in Pacific Life's growth and long-term success by leading efforts to develop, implement and manage strategies related to bringing guaranteed solutions to Defined Contribution Plans.
Key Responsibilities
- Collaborate with clients and DC Product Manager to design and implement defined contribution lifetime income solutions built to meet stated needs and objectives of retirement plans.
- Play a key role in the business planning and development of near and long term goals of the DCLI offering.
- Identify and coordinate potential solution strategy opportunities with our retail business.
- Collaborate with the DCLI Product Marketer on product strategy and audience messaging.
- Strong collaboration with marketing, national markets and strategic partnerships to enhance our DCLI narrative and amplify our voice in the market.
- Optimize participant outcomes based on an understanding of plan features designed to help promote better retirement outcomes.
- Develop materials, conduct workshops, and provide guidance to help participants maximize the value of their retirement savings through utilization of lifetime income solutions.
- Partner with research to develop and drive thought leadership agenda; distill insights into audience specific messaging connected to our go-to-market strategy including through webinars, podcasts, whitepapers, conferences and driving engagement with media organizations.
- Build strong relationships with clients and internal stakeholders to proactively identify opportunities to add value and enhance retirement outcome effectiveness.
- Participate in client facing meetings, acting as SME and supporting national markets team in their distribution efforts.
- In collaboration with DCLI product teams, monitor DCLI competitive landscape to understand trends, perform due diligence and understand impact to Pacific Life efforts and positioning of our solutions in market.
- Conduct sales training to help build internal awareness of lifetime income solutions available within defined contribution plans.
- Partner with DCLI product team to monitor Pacific Life product performance, conduct internal reviews and make recommendations for roadmap changes as appropriate.
- Design and execute participant communication tactics to increase understanding of retirement plan benefits and support informed decisions throughout the retirement journey.
- Be up-to-date on regulatory changes and industry trends and best practices related to defined contribution plans and lifetime income solutions.
- Ensure plan compliance with all applicable laws and regulations, such as ERISA, IRS regulations, and Department of Labor guidelines as it relates to incorporating DCLI solutions.
- Represent Pacific Life and our DCLI business at industry events and conferences.
Requirements
- Bachelor's degree in marketing, business, economics or a similar field.
- Demonstrated 10+ years of Defined Contribution experience.
- FINRA Series 6 & 63.
- State life and health license preferred.
- Proven history of building and maintaining strong relationships with internal and external stakeholders.
- Ability to influence, partner and collaborate with divisional stakeholders.
- Strong desire for collaboration and a demonstrated ability to think creatively.
About Pacific Life
Pacific Life is more than a job, it's a career with purpose. 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 https://www.pacificlife.com/. What's life like at Pacific Life? Visit https://www.instagram.com/lifeatpacificlife/.
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.
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