Finance Director, Wealth & Annuity Segment

Company Description

Our client provides general contracting, construction management, and design-build services. We prioritize exceptional client experiences while delivering safe, quality projects nationwide. We exist to enrich lives through inspired people and places.

Job Description

FINANCE DIRECTOR, WEALTH & ANNUITY SEGMENT - REMOTE

WEBCO HR, Inc. is seeking a Finance Director, Wealth & Annuity Segment  for one of our clients to work remotely from a home office.

SUMMARY:

This position serves as the Strategic Financial Business Partner of a specific business or functional area such as a Product Segment or Operations area. Participates with Leadership of assigned area to develop strategies and execution plans to achieve goals. Ensures financial rigor is consistently applied to business management. Provides direction to the finance functions taking place within the assigned area and works with Corporate Finance to ensure a strong performance management discipline. This role will be the Finance business partner for the Wealth Segment Leader and a sophisticated organization leading the company's multi-billion Wealth Segment. The segment consists of primarily Annuity, Pension Risk Transfer, and Retirement Products.

RESPONSIBILITIES:

· Serve as a key member of the assigned area Leadership Team. Actively participate in strategic and tactical planning, providing a financial perspective. Work with business leaders and potential external partners to identify, plan and execute strategic profit improvement tactics.

· Provide financial and strategic support in various activities such as product development/exit strategy, Mergers and Acquisitions, incubator and/or transformational efforts including outsourcing tactics.

· Partner with the Finance organization to ensure strong performance management discipline. Collaborate with other Finance functions to ensure consistent and effective decision making.

· Provide leadership on cross Finance or cross-organizational projects. Lead/coordinate cross-functional team meetings to facilitate and ensure sharing of information, manage customer expectations, and ensure 'one voice' of finance.

· Build and lead staff to support and drive departmental/corporate goals and strategy.

· Develop staff capabilities and cultivate talent for future advancement.

· Ensure that the critical success factors which drive the financial models are clearly identified and quantified, and that there are integrated, actionable, and well-documented strategic and tactical plans to support these factors and the resulting planned and forecast financials.

· Identify the need for and direct the development and maintenance of business and financial models and reports that support the assigned area leaders in improving, planning, and making decisions.

· Facilitate the business management process within the assigned area. Manage the business models and plans, focusing on meeting current business and financial expectations. Drive the problem-solving process regarding financial performance variances. Recommend actions to address variances to the assigned area Leadership Team.

· Design/support programs to strengthen financial literacy within the assigned area.

· Serve as a senior strategic leader within the Wealth business, with a primary focus on annuities and pension risk transfer (PRT), driving growth and profitability in institutional and insurance-based solutions (not broker-dealer distribution).

· Drive end-to-end coordination and execution across critical actuarial and financial functions, including:

· Investment management.

· Asset-Liability Management (ALM).

· Pricing and product design Capital management.

· Reinsurance strategy.

· Valuation and financial reporting.

REQUIREMENTS:

· Bachelor's degree in a Financial Discipline.

· Master of Business Administration degree or equivalent is preferred.

· Professional designations such as CPA, CMA, CLU, ChFC, CCUE, or FSA indicating professional competency in financial and insurance related areas.

· 4-5 years of experience leading teams or providing direction to other resources.

· 3-5 years of experience in providing executive consultation and influencing business decisions

· 12+ years of work experience in financial management with managerial responsibility for functional activities in the financial services industry. Experience working with sales and revenue models, company financials, product pricing and profitability models and performance measures.

· Strong verbal and written communication skills. Demonstrated leadership and ability to get positive results through influence, persuasion, leadership, presentations and group facilitation skills.

Preferred Qualifications:

· Deep expertise in annuities and/or pension risk transfer, with a strong understanding of insurance balance sheets and liability-driven investing.

· Actuarial or highly quantitative background (e.g., ASA/FSA, CFA, or equivalent experience), with demonstrated ability to apply rigorous analytical frameworks to business strategy and financial decision-making.

COMPENSATION:

· $154,000 to $286,600 annually.

· Full Benefits.

THE COMPANY:

Our client was born out of the credit union movement 88 years ago and built on the belief that a brighter financial future should be accessible to everyone. Today, this purpose remains the same, and through a single brand, their ability to deliver on that purpose is stronger than ever.

WEBCO HR, Inc.

www.webcohr.com

909-997-6549

WEBCO HR, Inc. is an Equal Opportunity Employer

Qualifications

· Bachelor's degree in a Financial Discipline.

· Master of Business Administration degree or equivalent is preferred.

· Professional designations such as CPA, CMA, CLU, ChFC, CCUE, or FSA indicating professional competency in financial and insurance related areas.

· 4-5 years of experience leading teams or providing direction to other resources.

· 3-5 years of experience in providing executive consultation and influencing business decisions

· 12+ years of work experience in financial management with managerial responsibility for functional activities in the financial services industry. Experience working with sales and revenue models, company financials, product pricing and profitability models and performance measures.

· Strong verbal and written communication skills. Demonstrated leadership and ability to get positive results through influence, persuasion, leadership, presentations and group facilitation skills.

Preferred Qualifications:

· Deep expertise in annuities and/or pension risk transfer, with a strong understanding of insurance balance sheets and liability-driven investing.

· Actuarial or highly quantitative background (e.g., ASA/FSA, CFA, or equivalent experience), with demonstrated ability to apply rigorous analytical frameworks to business strategy and financial decision-making.

Additional Information

WEBCO HR, Inc. is an Equal Opportunity Employer