Head of Institutional Solutions Strategic Finance

About the position

The Head of Institutional Solutions Strategic Finance will work with executive management of the Institutional Solutions to provide high quality analysis and information to facilitate decision-making. The incumbent will report to the Head of MMFA Strategic Finance Business Partners, who reports to the Head of Strategic Finance Business Partners. As the senior corporate finance executive working regularly with the senior management team of Institutional Solutions, this role is responsible for leading the Corporate Finance work with Institutional.

Responsibilities

• Lead matrixed teams that prepare high quality financial analysis and information to influence important decisions.
• Senior finance partner for Institutional leadership teams on the development and support of strategic plans, and short-term and long-term management goals and objectives.
• Respected thought partner in the development and execution of strategies and initiatives to achieve organizational aspirations.
• Drive business strategies and execution transparency and discipline related to Funding Agreements, B2B life products, Pension Risk Transfer, and Stable value mutual fund trends.
• Monitor financial performance drivers, risks, metrics and timely communicating trends and observations.
• Evolve reporting and current processes to modern approaches to facilitate important decisions.
• Lead matrixed teams that drive the development of Institutional forecasts with a focus on material aspects of P&L and Balance Sheet impacts.
• Key liaison between Institutional and the CFO organization, leveraging work done throughout CFO to provide holistic finance support.
• Improve transparency around leading indicators to improve financial performance of products and distribution trends.
• Strong finance partner and leader contributing to the modernization of strategic finance organization.

Requirements

• Experience leading and developing high caliber teams.
• Required: CPA or MBA strongly preferred, prior experience supporting large distribution channel in Financial services (including Wealth Management).
• Deep knowledge of U.S. GAAP, statutory financial reporting requirements relating to life insurance products.
• Exceptional relationship building and influencing skills.
• Extensive (7-10 years) experience with wealth management retail broker-dealer, life insurance, annuities and proprietary mutual funds.
• Excellent communication skills, including the ability to convey complex information in readily understandable terms.
• Demonstrated experience with creative problem-solving.
• Ability to work well under pressure and manage multiple deliverables.
• Ability to travel between Boston and Springfield regularly.
• Must be authorized to work in the US without sponsorship now or in the future.

Benefits

• Competitive salaries
• Incentive and bonus opportunities
• Extensive benefits offerings