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Strategic Partnership Director

Pacific Life
life insurance, parental leave, paid time off, 401(k), retirement plan
United States, Virginia, Lynchburg
Feb 21, 2025

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. It's a big ask, but it's 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 it's the right thing to do. Pacific Life is more than a job, it's a career with purpose. It's a career where you have the support, balance, and resources to make a positive impact on the future - including your own.

We're actively seeking a talented Strategic Partnership Director to join our Defined Contribution Lifetime Income team in Newport Beach, CA.

This role is hybrid. We believe in empowering our employees to get work done both in and out of the office. We are also open to exploring 100% remote candidates as well.

As a Strategic Partnerships Director, you'll play a key role in Pacific Life's growth and long-term success by leading efforts to drive Defined Contribution Lifetime Income strategies in collaboration with key industry intermediaries to enhance our market position.

How you will make an impact:

  • Drive and execute against strategy for business development and partnership opportunities. Identify and cultivate new strategic partnerships with key players in the DC industry, such as record-keepers, asset managers, technology firms and think tank organizations
  • Ability to negotiate agreements, build joint strategies and manage ongoing partnerships to enhance business growth and market reach
  • Business Development Work with partners to identify new business opportunities and areas for collaboration. Drive joint initiatives that result in revenue growth for both parties. Influence stakeholder buy-in and enterprise support for implementing deals.
  • Source opportunities for Pacific Life to be a recognized thought leader in the DC industry
  • Represent Pacific Life in industry associations and participate / present at conferences to help further promote our brand and source additional opportunities
  • Spearhead innovative solutions that align with market trends and partner needs. Partner with product managers to influence product design based on market/partner feedback.
  • Influence across several internal functional teams, including DC Marketing, DC strategy, national markets and thought leadership to evolve our offerings and ensure our solutions reach more plan sponsors and participants
  • Serve as subject matter expert on DCLI solutions and partnerships. Consult with cross functional teams on content used to tell the Pacific Life story from white papers to speaking engagements and participation in industry conferences
  • Execute and iterate on the Defined Contribution Lifetime Income strategy including product design
  • Co-create execution of partnership strategies with National markets
  • Support in achieving stated DCLI revenue / asset targets
  • Analyze partnership performance metrics. Provide regular reports and insight to the business in order to make data-driven decisions for enhancements and optimization

The experience you will bring:

  • Bachelor's degree in marketing, business, or a similar field
  • Demonstrated 10-12 years of experience in product development and/or product management
  • Extensive knowledge of retirement solutions in the financial services industry, with a preference for Defined Contribution experience
  • Ability to influence, partner and collaborate with divisional stakeholders and senior members of the firm
  • Strong desire for collaboration and a demonstrated ability to think creatively
  • Demonstrated ability to lead and grow team members.

What will make you stand out:

  • Strong interpersonal skills and the ability to operate in ambiguity
  • Deep knowledge of DC plans, lifetime income product types and competitor landscape
  • An agile mindset and the ability to demonstrate results in a start-up environment
  • Compelling presentation skills
  • Desire to stay up-to-date with DCLI industry trends, emerging technologies and regulatory changes that impact the insurance landscape.
  • Experience with retirement plan advisors, plan sponsors and plan administrators, asset managers and managed advice providers
  • Advanced certifications or industry licensing

You can be who you are.

People come first here. 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 www.pacificlife.com. What's life like at Pacific Life? Visit Instagram.com/lifeatpacificlife.

Benefits start Day 1.

Your wellbeing is important. We're committed to providing flexible benefits that you can tailor to meet your needs. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we've got you covered.

* Prioritization of your health and well-being including Medical, Dental, Vision, and a 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.

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.

Your Benefits Start Day 1

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. Whether you are focusing on your physical, financial, emotional, or social wellbeing, we've got you covered.

  • 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

EEO Statement:

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.

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