Product Strategist

Newport Beach, USA
Dec 03, 2022
Dec 22, 2022
Job Function
Industry Sector
Finance - General
Employment Type
Full Time
PIMCO is a global leader in active fixed income. With our launch in 1971 in Newport Beach, California, PIMCO introduced investors to a total return approach to fixed income investing. In the 50+ years since, we have worked relentlessly to help millions of investors pursue their objectives - regardless of shifting marketing conditions. As active investors, our goal is not just to find opportunities, but to create them. To this end, we remain firmly committed to the pursuit of our mission: delivering superior investment returns, solutions, and service to our clients.

Since 1971, our people have shaped our organization through a high-performance inclusive culture, in which we celebrate diverse thinking. We invest in our people and strive to imprint our CORE values of Collaboration, Openness, Responsibility and Excellence. We believe each of us is here to help others succeed and this has led to PIMCO being recognized as an innovator, industry thought leader and trusted advisor to our clients.

PIMCO is seeking to hire an experienced Defined Contribution Solutions Strategist to further develop the retirement income solutions offering within PIMCO's $125B Defined Contribution business. This position is responsible for working in conjunction with PIMCO's Defined Contribution Solutions team to manage and enhance the current DC product suite as well as develop and position new solutions.

The position will report to PIMCO's Head of Retirement. The role can be based in either Newport Beach, CA or New York, NY and may require a moderate amount of travel.


The DC Solutions Strategist will:
  • Manage, enhance and further develop PIMCO's suite of defined contribution investment strategies with a particular focus on retirement income solutions.
  • Identify demand for new solutions/products or evolution and enhancements of existing ones; develop, position and support those solutions/products.
  • Work with plan sponsors and consultants to assess DC investment needs and recommend solutions. Deliver DC expertise and communicate PIMCO's perspectives on DC plan design while positioning PIMCO investment solutions appropriate for plan sponsors and participants.
  • Collaborate with other PIMCO investment professionals, including Client Relationship Managers and Portfolios Managers
  • Develop marketing, servicing and educational materials, including client presentations, white papers, and other thought leadership materials for publication
  • Participate in ad-hoc research projects related to the retirement markets
  • Serve as an internal resource for client servicing and marketing groups for retirement income and defined contribution-related questions and inquiries
  • Offer timely and forward-looking insights both internally and externally on investor demand, competitors and DC market trends.

This position requires an experienced, dynamic & collaborative professional. A successful candidate will:
  • 5+ years of experience in the institutional Defined Contribution space
  • Experience with management and/or development of investment solutions and products for the U.S. defined contribution market. A specific focus on retirement income strategies is preferred.
  • Have a deep understanding of the competitive landscape and retirement income solutions currently offered in the market.
  • Have outstanding knowledge of the institutional and advisor led DC landscape including investor requirements and preferences as well as intermediary distribution.
  • Have a commercial orientation and developed consultative sales skills and a history of successfully engaging with plan sponsors, advisors and consultants.
  • Deep knowledge of DC trends, plan design and mechanics (accumulation and decumulation), investment vehicles, capital markets, and economics.
  • Demonstrate the ability to work in partnership with and earn the trust and credibility of fellow Product and Solutions Strategists, Account Managers, Portfolio Managers, and other PIMCO professionals
  • Provide thought leadership in identifying marketing opportunities and supporting PIMCO initiatives to develop and grow PIMCO's DC platform
  • Have solid quantitative skills, ability to work with large datasets and perform analytical work
  • In addition to displaying a strong commitment to PIMCO's culture, values and approach, personal characteristics for this role include:
  • Outstanding relationship building skills and ability to influence others
  • Effective communication skills and ability to engage and influence multiple stakeholders
  • Strong presentation and public speaking skills
  • Extremely collaborative and appreciative of various points of views
  • Unassailable ethics and integrity
  • Candidates with an advanced degree such as an MBA or an undergraduate degree with a professional designation, such as a CFA, and/or substantial industry experience will be considered for this role. Additionally, standard industry licenses (Series 3, 7 and 63) will be required.
PIMCO follows a total compensation approach when rewarding employees which includes a base salary and a discretionary bonus. Base salary is the fixed component of compensation that is determined by core job responsibilities, relevant experience, internal level, and market factors. The discretionary bonus is used to award performance and therefore is determined by company, business, team, and individual performance.

New York, NY Salary Range: $ 0.00 - $ 0.00

Equal Employment Opportunity and Affirmative Action Statement

PIMCO recruits and hires qualified candidates without regard to race, national origin, ancestry, religion (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), sexual orientation, gender (including gender identity and expression), age, military or veteran status, disability (physical or mental), any factor prohibited by law, and as such affirms in policy and practice to support and promote the concept of equal employment opportunity and affirmative action, in accordance with all applicable federal, state, provincial and municipal laws. The company also prohibits discrimination on other basis such as medical condition, or marital status under applicable laws.

Applicants with Disabilities

PIMCO is an Equal Employment Opportunity/Affirmative Action employer. We provide reasonable accommodation for qualified individuals with disabilities, including veterans, in job application procedures. If you have any difficulty using our online system due to a disability and you would like to request an accommodation, you may contact us at 949-720-7744 and leave a message. This is a dedicated line designed exclusively to assist job seekers with disabilities to apply online. Only messages left for this purpose will be considered. A response to your request may take up to two business days.
  • You need to sign in to save