I have strong memories of the early 90s when i was workin' 9 to 5 and wearing suits every single day. I totally agree with Jonathan. Shoulder pads were indeed in the early 90s.
What you have was the softer look that was going on, and in a few years, as the 90s went on...maybe about 98, you would see that jacket have a collar on it.
The style i used to wear a lot form the early 90s that might be considered the less soft look is the very tailored blazer with shoulder pads, with a really nipped in waist but it came over the hip or mid thigh. it had a very strong "man's 40s suit jacket" inspiration. (then of course men's suits had that going at that time too). One i had was a shawl collar instead of the peaked collar. then it had a slim pencil skirt or a slim miniskirt. But the miniskirts had the banded waist and a lot of the design features and darting of a pencil skirt - just short - versus the more flouncy ideas of the 80s or versus the A-line miniskirt that would be more popular later. I really did like those miniskirts. I could leave some other things in the 90s where they belong, but the skirts were perfect for me. Picture big for this time frame a longer 3/4 length blazer with a nipped in waist, mini skirt ending a few inches below the jacket and opaque pantyhouse and you have a very quintessential look for the time.
As you got into 93-94, the softer shawl collars were replacing the peaked collars and then the shoulder pads shrunk dramatically.
Another thing that you saw in the time was the cropped, very military influenced often double breasted blazer (but very often just a single button) that would end at the natural waist. that would be fall 93 or 94. The cropped blazers, shoulder pads, and all sorts of doodads...buttons, embellishments, were late 80s, maybe just into 1990, but by the time 93/94 wound around, you still saw some short jackets. but they ended a bit below the waist, but still not over the hip. they might just be touching the high hip, and they would often be slightly nipped in at the waist. they would most definitely be double breasted. and some had a very trenchcoat button placement as well with sometimes convertible lapels.
I am definitely off on a tangent, that is for sure.
Chris