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.
Pacific Life is seeking a skilled Portfolio Manager to join our team and play a key role in our Institutional Division in Newport Beach, CA or Omaha, NE. This role is responsible for overseeing and optimizing the portfolio of projects and initiatives within the division, ensuring strategic alignment, robust financial governance, and successful execution of high-impact initiatives. The Portfolio Manager will build a resilient, outcome-oriented portfolio operation, enabling predictable delivery aligned with divisional and enterprise strategic goals. This role does not have direct reports and is hybrid. We believe in empowering our employees to get work done both in and out of the office.
How you'll help move us forward :
Strategic Alignment & Roadmap Management
- Develop and maintain portfolio roadmaps that prioritize high-impact initiatives aligned with strategic objectives.
- Guide investments through structured evaluation processes, ensuring robust business cases and optimal value creation.
- Implement a flexible prioritization framework that dynamically aligns investments with divisional and enterprise metrics.
Financial Governance & Resource Optimization
Collaborate with divisional CFO to establish advanced financial governance frameworks for early variance detection, proactive budget adjustments, and fiscal accountability.Optimize resource allocation across the portfolio, maintaining rolling forecasts and adapting to changing needs.Outcome & Objective Alignment
Collaborate with division Strategy toLink portfolio outcomes directly to defined metrics, ensuring traceability to strategic goals and measurable impact.Drive processes to monitor and report on value realization, reinforcing alignment between portfolio initiatives and expected outcomes.Risk & Issue Management
Design comprehensive risk management frameworks with early warning systems for capacity, dependency, and execution risks.Lead issue resolution processes to minimize disruption to portfolio execution and maintain momentum toward achieving goals.Establish predictive metrics and monitoring tools to identify potential risks early and enable timely interventions.Execution & Delivery Optimization
Oversee portfolio execution by coordinating resource deployment, managing constraints, and ensuring adherence to timelines and quality standards.Monitor execution progress against roadmap objectives, ensuring alignment with OKRs and maintaining portfolio health.Utilize predictive analytics to enhance transparency and accountability, facilitating adaptive decision-making.Stakeholder Collaboration & Leadership
Serve as the primary liaison between senior leadership, finance, strategy, project delivery, and cross-functional teams, fostering integrated financial and strategic practices.Build coalitions across stakeholder groups to enable agile decision-making and seamless adjustments to sustain portfolio health.Consolidate insights and performance metrics from across the portfolio, providing an integrated view of progress and reinforcing alignment with strategic priorities.The experience you bring :
10 years of portfolio or large-scale program management experience, with an emphasis on governance and strategic alignment.Proven success in implementing proactive portfolio management frameworks within complex environments.Experience in sustaining portfolio health through adaptive decision-making and rigorous financial stewardship.Analytical Skills
Strong analytical skills focused on leading indicators, predictive metrics, and early risk detection.Leadership & Influence
Demonstrated ability to guide and drive data-informed decisions and influence cross-functional outcomes.Proficiency in executive communication and stakeholder engagement, with a record of effective collaboration.Skilled at building coalitions that foster accountability, transparency, and alignment with strategic priorities.Tech & Tools You'll Use
MS productivity tools (i.e., MS Project, SharePoint, Teams, OneNote, PowerPoint, and Visio).Agile, Hybrid, Scrum methodology, Project and Portfolio Management tools (i.e., Planview, Smartsheet, Azure DevOps, Jira, Confluence).Factors for Success
4 Year Degree, or equivalent experience; project management certifications highly preferred.Outstanding meeting facilitation and communication skills (written, verbal, and visualizations to a variety of audiences), including the ability to influence others.Works well in a matrix environment; able to collaborate with team members and leadership; effective influencing and negotiating skills.Strong work planning, organization, and management skills; attention to detail; problem-solving to maintain target date delivery.Must be a self-starter, well-organized, effectively manage time, and adapt rapidly to new developments and changing priorities.LI-KB1
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 dependentsGenerous paid time off options including Paid Time Off, Holiday Schedules, and Financial Planning Time OffPaid Parental Leave as well as an Adoption Assistance ProgramCompetitive 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.
163,620.00 - $199,980.00
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 dependentsGenerous paid time off options including : Paid Time Off, Holiday Schedules, and Financial Planning Time OffPaid Parental Leave as well as an Adoption Assistance ProgramCompetitive 401k savings plan with company match and an additional contribution regardless of participationEEO 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.
Salary : $163,620 - $199,980
