VP, Enterprise Value Management, Capital & Strategy

VP, Enterprise Value Management & Strategy

At Banner Life Insurance Company, we lead with heart and ambition. Every day, we transform purpose into progress, guided by our unwavering commitment to be better for our customers, clients, and communities, not just today but long-term as well. Our people are the driving force behind everything we achieve. Their passion, purpose, and pursuit of innovation empower us to deliver cutting-edge solutions that support those we serve, ensuring we are here for you, here for good and striving for better.

We're a forward-thinking company energized by our work and how we show up for one another. Our culture is built on meaningful impact and genuine enjoyment, because we believe great work and great experiences should go hand in hand.

By offering career development opportunities, comprehensive benefits, and programs that support your wellbeing, we help you thrive personally and professionally. We are here for you, here for good and here for better.

The VP, Enterprise Value Management & Strategy is responsible for identifying, evaluating, and executing initiatives that maximize enterprise value through optimization of capital, liquidity, reinsurance, investments, strategic growth, and corporate development activities.

The incumbent is accountable for leading the Company's most complex and strategically significant financial initiatives, including enterprise capital optimization, reinsurance transactions, strategic planning, business development, mergers and acquisitions, and transformation initiatives.

The role serves as the primary executive responsible for integrating actuarial, financial, investment, regulatory, and strategic considerations into enterprise decision making.

Strategic Finance and Enterprise Value Management

• Accountable for evaluation and execution of strategic initiatives involving capital deployment, reinsurance, Bermuda platform expansion, acquisitions, and other opportunities capable of materially impacting enterprise value.
• Own enterprise-level evaluation of strategic alternatives affecting capital deployment, growth, risk profile, and shareholder value.
• Lead development of recommendations presented to executive leadership, parent company stakeholders, and Board committees.

Bermuda Capital and Platform Development

• Lead strategic development of the Company's Bermuda platform as a source of capital efficiency, risk management, and growth.
• Accountable for achievement of transaction objectives including capital efficiency, liquidity improvement, earnings emergence, and risk transfer outcomes, taking into consideration the need to satisfy multiple accounting bases, e.g., US GAAP, US RBC, Bermuda EBS, JICS.
• Own financial evaluation of opportunities to expand utilization of Bermuda-based structures.
• Coordinate regulatory engagement with the Bermuda Monetary Authority and oversee development of business plans supporting strategic transactions.

Corporate Development and Strategic Growth

• Lead financial evaluation of acquisitions, divestitures, partnerships, and other strategic transactions.
• Direct valuation, due diligence, financial modeling, and transaction structuring activities.
• Support integration planning and value realization activities associated with completed transactions.
• Develop strategic recommendations regarding market expansion, product diversification, and distribution opportunities.

Balance Sheet Management

• Serve as enterprise thought leader on balance sheet optimization, capital management, and financial reinsurance.
• Evaluate and structure internal and external reinsurance transactions.
• Optimize treaty economics, risk transfer, reserve relief, capital efficiency, liquidity, and profit emergence.
• Assess implications of US RBC, Bermuda EBS, and other solvency frameworks, as well as across US GAAP and IFRS.

Financial Planning and Analysis Enablement

• Partner with FP&A leadership to advance forecasting and scenario modeling capabilities.
• Develop frameworks that translate experience into impacts on earnings, capital, liquidity, and enterprise value.
• Enhance strategic planning and decision-support analytics.

Investment and Asset Strategy

• Partner with…