Pacific Life

Business Process Analyst (Workforce Benefits)

Tennessee, United States

Not SpecifiedCompensation
Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, InsuranceIndustries

Requirements

Candidates should possess a minimum of 5 years of experience in Group Benefits and 5 years of experience in Continuous Improvement, Operational Management, and process and documentation design. They should also have a strong desire to build Agile Product Management within a growth business, demonstrated ability to support third-party implementations and testing, excellent communication and interpersonal skills, experience with project management and digital solution implementation, and a strong understanding of business operations, processes, and process mapping. Additional desirable experiences include straight-through processing, third-party API implementations, and strong process design and mapping skills. Hands-on claims or leaves management experience and a business-first mindset are considered advantageous.

Responsibilities

The Business Process Analyst will analyze Claims operational workflows to identify opportunities for improved efficiency, risk management, and customer experience. They will document process bottlenecks and failure modes for targeted improvement, conduct side-by-side analyses with claims payers to understand user needs, and partner with claims product owners and division product managers to define tactics for long-term improvement. Responsibilities also include analyzing traditional business processes and technology capabilities to find innovative solutions, developing and implementing scalable business processes, advocating for business needs, staying current on digital technologies, collaborating on new systems and processes, developing and implementing testing plans, monitoring digital transformation initiatives, communicating with stakeholders, and participating in planning with Architects.

Skills

Business Process Analysis
Workflow Optimization
Claims Processing
Risk Management
Customer Experience
Technology Solutions
Product Management
Digital Transformation

Pacific Life

About Pacific Life

Newport Beach, CaliforniaHeadquarters
1868Year Founded
$189.4MTotal Funding
N/ACompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Health Insurance
Paid Vacation
Paid Parental Leave
Adoption Assistance
401(k) Retirement Plan
401(k) Company Match

Risks

Increased competition in annuities market from companies like Prudential and MetLife.
Potential financial exposure from significant real estate investments.
Integration challenges with Selerix could affect customer satisfaction.

Differentiation

Pacific Life partners with T. Rowe Price for innovative Lifetime Income solutions.
Recognized as a top community-minded company, enhancing brand reputation and trust.
Real-time integration with Selerix improves benefits administration accuracy and efficiency.

Upsides

Lifetime Income solution attracts clients seeking secure retirement options.
Enhanced annuity products offer flexibility and growth, increasing product attractiveness.
Strong real estate financing position opens more sector opportunities.

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