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Pacific Life

AVP, Head of Product Strategy – Pension Risk Transfer

Pacific Life

Head of Product Strategy for Pension Risk Transfer leading product development and market innovation at Pacific Life. Collaborating with cross-functional teams to deliver competitive pension risk transfer business solutions.

Posted 6/5/2026full-timeNewport Beach • California, New York, North Carolina • 🇺🇸 United StatesLead💰 $220,000 - $270,000 per yearWebsite

About the role

Key responsibilities & impact
  • 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.
  • Lead product development and innovation for the firm’s pension risk transfer business.
  • Identify and close capability gaps, launch new offerings to expand market share, and establish a long-term strategy to ensure sustained, profitable growth in a highly competitive and evolving marketplace.
  • Play an important role in developing market positioning and thought leadership to enhance standing in the market.

Requirements

What you’ll need
  • 10+ years of experience in pensions, insurance, asset management, or related fields with a focus on PRT or institutional annuities
  • Strong knowledge of defined benefit plan design, funding, and risk-transfer mechanics
  • Demonstrated track record of product innovation and strategic planning
  • Exceptional leadership, communication, and stakeholder management skills
  • Preferred: CFA, or FSA designation
  • Experience leading product development in a regulated insurance or financial services environment
  • Existing relationships with pension consultants, plan sponsors, and reinsurers

Benefits

Comp & perks
  • 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.
  • 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

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills & Tools
pension risk transferdefined benefit plan designfunding mechanicsrisk-transfer mechanicsproduct innovationstrategic planning
Soft Skills
leadershipcommunicationstakeholder management
Certifications
CFAFSA