Pacific Life Deputy CCO, Life Insurance Division in Aliso Viejo, California
Deputy CCO, Life Insurance Division
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 DescriptionDeputy CCO, Life Insurance DivisionDirects 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 Chief 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 Insurance Division Long Term Care insurance compliance and legal subject matter expert.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 insurance law, regulatory compliance, registered products, or advanced sales design .In-depth knowledge of securities regulation law regarding variable insurance products and broker-dealer requirements, in-depth knowledge of state life insurance regulation, federal tax law relating to insurance and knowledge of life insurance operations.Experience with researching, drafting, and counseling on a variety of insurance regulatory mattersExcellent written and verbal skills, as well as excellent research skills.Previous experience in compliance or in house legal/law department preferred.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.