Pacific Life AVP Compliance in Aliso Viejo, California
Full Time / Part TimeFull-time
About Pacific LifeWHERE YOUR POTENTIAL MEETS OUR PURPOSE:
At Pacific Life, you are given the opportunities and challenges to embrace your potential and achieve your personal best, every day. What you find here is something special – it’s purposeful work done with a shared set of values that brings us all together.
Pacific Life offers life insurance, annuities, and mutual funds, along with a variety of investment products and services, all of which provide The Power to Help You Succeed. Headquartered in Newport Beach, CA, Pacific Life is a Fortune 500 company with approximately 2800 employees. We pride ourselves in providing a work environment that is challenging, inclusive, collaborative and results-oriented. We firmly believe each employee plays a part in our continued growth and success.
Job DescriptionAVP ComplianceDirects a staff responsible for the Life Insurance Division’s Market Conduct, Advertising and Product Compliance programs. Directly responsible for assessing the effectiveness, and evaluating the risks, of those programs. Partners with the Division Compliance Officer in assessing the effectiveness, and evaluating the risks, of the Life Insurance Division’s compliance programs. Leads and develops a team of Compliance Associates.Responsibilities:Represent Compliance, individually and through team members, in various Life Insurance Division committees, working groups, and special Division projects.Ensure key team deliverables are met by constantly prioritizing multiple complex projects with competing deadlines that require the same resources.Lead and develop the Market Conduct Compliance and Product Compliance leaders and teams.Direct a staff responsible for division-wide market conduct program and the analysis of sales material for compliance with state law, including partnering with Marketing Communications to maintain an efficient approval process while ensuring speed to market.Direct a staff responsible for the research, development, drafting, and filing of all life insurance policy forms, including partnering with the Product Design and other business units to ensure that products meet all of the compliance, design, and business needs.Individually responsible for serving as the Life Division LTC (Long Term Care) insurance compliance and legal subject matter expert (SME).Oversee legal and compliance-related projects on behalf of the Life Insurance Division.Factors for Success: Law degree from a recognized accredited law school and a minimum of ten years experience in compliance advanced sales design, registered products, or insurance law.In-depth knowledge of securities regulation law regarding variable insurance products and broker-dealer requirements, in-depth knowledge of California variable life regulations, IRS regulations for life insurance and knowledge of life insurance operations.Excellent written and verbal skills, as well as excellent research skills.The ability to accept broad functional assignments, working both independently and as a team member.The ability to work closely with the law department and senior management, outside counsel and product R & D as appropriate. Determine alternative solutions if necessary and take necessary action.
BenefitsJoin the Pacific Life team and watch your career grow! We offer a competitive compensation and benefits package that includes: • Competitive salary and bonus program • Medical, dental, and vision as part our commitment in investing in the health and wellbeing of our employees • Two retirement savings plans: 401k savings plan with company match and Company Retirement Contribution (company-paid) • Generous vacation time and holiday pay • And much more!
EEO StatementPacific 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.