Senior Financial Reporting Analyst II, Reinsurance

Job Description:

Pacific Life is investing in bright, agile, and diverse new talent to ensure we continue to innovate and strengthen relationships with our policyholders. That’s why we’re actively seeking a Senior Financial Reporting Analyst II to join our team to support our Reinsurance Financial Reporting function.

If you’re an experienced professional in the financial services industry with a strong technical grasp of insurance and reinsurance, you’re a great fit for this role. Technical capabilities aside, if you’re a mission-driven self-starter who’s comfortable with ambiguity, and who thrives in a fast-paced, collaborative culture, you’re a perfect fit for Pacific Life. This role is based in our Newport Beach, CA office (with a hybrid work schedule). However, we will consider 100% remote for the right candidate. 

How you will make an impact:

• Support the Reinsurance accounting and financial reporting function to fulfill our monthly, quarterly, and annual deliverables and controls
• Develop and provide concise, relevant, meaningful reporting and analysis to facilitate management’s review of the financial results
• Communicate issues and the business impact to management
• As a Reinsurance subject matter expert, contribute interpretation, advice, and perspective especially on highly technical subject matters

• Prepare monthly and quarterly data validations and analysis to generate required journal entries to support both our Statutory and GAAP ledgers
• Responsible for end-to-end processes and calculations that support our Reinsurance financial results
• Prepare reporting deliverables to support annual regulatory filings, reinsurance settlements, and other Company initiatives
• Perform review of financial results to evaluate reasonableness in the context of current business events and trends
• Support relationships with internal and external customers, owning communication channels and fulfill requests
• Collaborate with other departments and supporting external parties to resolve issues and develop long-term solutions
• Execution and updating of Internal Control over Financial Reporting (ICFR) flowcharts and documentation for the department
• Leading or participating in department or divisional projects as required 
• Providing audit support to internal and external auditors
• Creating and reviewing process documentation and pursuing and performing process improvements for areas of responsibility
• Understand, learn, and apply accounting and financial reporting principles, insurance and reinsurance knowledge, and general business acumen
• Use best practices and knowledge of internal or external business issues to improve services and solve long-term problems
• Independently tackle complex problems, applying ingenuity and creativity to develop solutions
• Actively seek out and increases knowledge of systems, products, and the business
• Proactively engage in knowledge sharing and peer training

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