NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Pacific Life Insurance Company has announced eight new officer promotions, effective April 1.
David Chang to Vice President, Enterprise Risk Management, Corporate
As vice president of enterprise risk management, Mr. Chang is responsible for the development of strategies, policies, and standards for managing market risks across the enterprise. His responsibilities include oversight of aggregate equity, interest rate, and credit risk for the enterprise. Additionally, he is responsible for developing key long-term assumptions used in financial valuation of liabilities enterprise wide and assumptions used within the strategic planning process.
Hany Gobreial to Vice President, Corporate Risk and Capital Management, Corporate
As vice president, corporate risk and capital management, Mr. Gobreial will serve as the corporate division risk officer, assist with Aviation Capital Group risk management, oversee capital management and asset allocations for the corporate surplus portfolio, serve on the Investment Management Counsel, and manage liquidity.
Daniel Beeson to Assistant Vice President, Operations Service Solutions, Retirement Solutions Division
As assistant vice president, Mr. Beeson’s role has expanded from organizing and directing the annuity customer service department and operations account management team, to also include oversight of the new business department and the quality review team. He will also assume responsibility for the customer experience and omni-channel initiatives implementation, providing the continuing advancement of the division’s customer service model.
Steve Goldberg to Assistant Vice President, Annuity Product Management, Retirement Solutions Division
As assistant vice president, Mr. Goldberg will continue to be responsible for managing product sales training and annuity sales positioning staff, as well as representing sales in new product design and development, rate setting, and all aspects of annuity illustrations. Additional responsibilities include competitive intelligence for all annuities and industry data aggregation, including leading the collection and delivery of competitive information to the field and internal partners.
Charles Jernigan to Assistant Vice President, Real Estate Investment Accounting and Reporting, Corporate
As assistant vice president, Mr. Jernigan will continue to lead the financial and operational accounting for debt and equity investments within the Real Estate Investments group. His promotion recognizes his expanded scope of responsibilities in managing the accounting and reporting for an increasingly larger and more complex real estate investment portfolio.
Michael Lonia to Assistant Vice President, Head of Trading, Pacific Asset Management
As assistant vice president, Mr. Lonia is expanding his responsibilities in managing Pacific Asset Management’s (PAM) trade activities and further establishing PAM across the broker-dealer community. Mr. Lonia is also a credit analyst covering the building products and homebuilders sector.
Mallik Ravipati to Assistant Vice President, Application Development, Life Insurance Division
As assistant vice president, in addition to his continued leadership of the application development team responsible for the Life Insurance Division’s new business, underwriting, Prime Portal, and commission processing systems, Mr. Ravipati’s new role will have expanded responsibilities, including extending the new business and underwriting platforms to LID’s core business.
Patricia Thompson to Assistant Vice President, Compliance, Retirement Solutions Division
As assistant vice president of compliance, Ms. Thompson will assume responsibility for product compliance while continuing to oversee regulatory compliance matters, where she is responsible for the review and analysis of proposed legislative and regulatory activities related to RSD’s products.
About Pacific Life
Offering insurance since 1868, Pacific Life provides a wide range of life insurance products, annuities, and mutual funds, and offers a variety of investment products and services to individuals, businesses, and pension plans. Pacific Life counts more than half of the 100 largest U.S. companies as its clients. For additional company information, including current financial strength ratings, visit www.PacificLife.com.
Pacific Life refers to Pacific Life Insurance Company and its affiliates, including Pacific Life & Annuity Company. Client count as of June 2016 is compiled by Pacific Life using the 2016 FORTUNE 500® list.