AVP, Workforce Benefits Product & Pricing - Life, Disability, Leave

The AVP, Product & Pricing will oversee the lifecycle performance of Group Life, Group Disability, and Leave/Absence portfolios, ensuring balance between customer value, profitable growth, and risk. Responsibilities Own portfolio strategy and outcomes for Workforce Benefits Life, Disability, and Leave/Absence products. Establish an integrated product and pricing vision aligned to divisional growth objectives and risk appetite, with accountability for performance, profitability, and customer value. Lead end‑to‑end product lifecycle, including product innovations and business case development. Oversee product team that performs regulatory approvals, product launch, and ongoing optimization. Ensure product offerings are compliant, scalable, operationally executable, and differentiated. Establish and approve pricing frameworks and portfolio guardrails, including key metrics, assumption governance, and sensitivity analysis. Gain alignment on the strategic balance of competitiveness, profitability, and risk for your products. Drive differentiation of product and pricing capabilities, partnering with peers in UW Transformation, analytics, and technology to push leading‑edge speed‑to‑market, monitoring, and decision quality. Build, lead, and develop a high‑performing team, providing direction, coaching, and talent development while creating clarity across the division on strategy and performance. Own Life, Disability, and Absence/Leave assumption management, including mortality and morbidity analysis, trending monitoring, and transparent communication of methodologies, results, and sensitivities to senior leadership. Oversee month‑end and quarter‑end reserving activities, including review and interpretation of claims experience, reserve movements, and key financial risk drivers. Provide clear executive‑level insights into performance, trends, and emerging risks. Lead and approve product, pricing, and risk committee readiness and approvals, ensuring product and pricing meet enterprise governance standards and trade‑offs are clearly articulated and documented. Oversee product and rate filings in partnership with legal and compliance, ensuring timely approvals. Qualifications Bachelor’s degree in actuarial science, mathematics, finance, business, economics, or related field (or equivalent combination of education or experience). 10+ years of progressive experience in workforce benefits or group insurance, with increasing leadership and scope. Actuarial credential (FSA) preferred, or equivalent depth of product, pricing, and risk leadership experience. Demonstrated leadership in product and/or pricing, including launching, managing, and optimizing insurance products through governance, implementation, and performance monitoring. Proven ability to lead cross‑functional decision‑making across finance, underwriting, legal/compliance, operations, technology, and distribution. Experience guiding initiatives through product, pricing, risk, and regulatory governance processes. Strong executive communication skills, including the ability to explain methodologies, assumptions, risks, and performance drivers to senior leaders. Demonstrated people leadership and talent development experience, including leading senior professionals and/or managers. What Makes You Stand Out Experience building or scaling products and capabilities in a start‑up or high‑growth environment. Proven success modernizing product and pricing processes to improve analytics‑enabled decision‑making and speed‑to‑market. Salary and Compensation Salary Range: $230,000 – $250,000. 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. Benefits Medical, Dental, Vision coverage. Wellbeing Reimbursement Account usable by you or eligible dependents. Generous paid time off options, including PTO, holiday schedules, financial planning time off. Paid parental leave and adoption assistance program. Competitive 401(k) savings plan with company match and additional contribution regardless of participation. 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. #J-18808-Ljbffr