Real Estate Associate

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.

• Perform in a supporting role to solicit, structure and underwrite commercial and multifamily mortgage loans that meet Pacific Life’s investment objectives.
• Research and evaluate locational, market, and property specific data.
• Conduct rent roll, income, and expense analysis.
• Create/modify complex cash flow models in Argus and Excel for commercial and multifamily properties.
• Organize and support analysis, draw objective conclusions.
• Present verbal and written recommendations to Pacific Life’s Real Estate Investment Committee.
• Review and analyze transaction documents and third-party reports as part of the due diligence and closing process.
• Interface with institutional-quality borrowers, brokers, and third-party service providers.
• Work cohesively with Pacific Life Investments in-house mortgage loan origination teams, closing, construction services, asset management, capital markets, and loan servicing teams.
• Some travel required to evaluate investment opportunities and market Pacific Life loan programs.

• Bachelor’s Degree (BS/BA)
• 3-5 years related experience in evaluating and underwriting investment merits and risk associated with commercial real estate.
• Strong in software applications for real estate analysis including Microsoft Word, Excel, PowerPoint and Argus, with ability to quickly learn new program applications.
• Excellent analytical, research and creative problem-solving abilities.
• Strong communications and presentation skills, able to interface with top level executives.
• Excellent organizational and time management skills to prioritize workflow and deadlines, self-starter with the ability to work independently with a team player attitude.

• A Master’s Degree in Real Estate or MBA – strongly preferred.
• Experience with multi-family, industrial, retail and office property types is desirable.
• Prior commercial real estate debt underwriting experience (beyond internships) and knowledge of capital markets.
• Proficiency with Argus strongly preferred.

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• Prioritization of your health and well-being including Medical, Dental, Vision, and Wellbeing Reimbursement Account that can be used on yourself or your eligible dependents.
• Generous paid time off options including Paid Time Off, Holiday Schedules, and Financial Planning Time Off.
• Paid parental leave as well as an adoption assistance program.
• Competitive 401k savings plan with company match and an additional contribution regardless of participation.

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.