VP Finance, Corporate Financial Planning & Analysis

Pay:
Competitive

Location:

Hartford/Connecticut

Employment type:

Full-Time

Req#: VPFIN
001768

Job Summary

Key leadership role supporting the organization’s financial health and growth by linking corporate strategy to financial planning, target setting, and operational execution. Partners with business area leadership teams to develop budgets, forecasts, and management reporting analysis for the business. Makes recommendations and provides decision-making support related to key business performance measurements. Key leader in the financial plan process and ownership of the 5-year financial plan.

Key partner in evaluation and execution of new business opportunities, including M&A activity.

Principal Duties and Responsibilities

• Works with executive management to determine strategic objectives and identify opportunities to meet these goals.
• Integrates the plans of the insurance, reinsurance, and asset management businesses into a consolidated Nassau view and provides leadership to teams supporting financial planning and analysis.
• Oversee capital management and allocation decisions.
• Aligns operational, financial, and strategic decisions; work with leadership team in determining the strategic direction of the organization.
• Acts as a leader in achieving strategic as well as financial objectives and drives disciplined execution of the company’s strategic decisions.
• Aggregates, organizes, and interprets information that supports tactical and strategic decision making.
• Analyzes financial and operational data, draws conclusions, and presents recommendations on decisions and actions to senior leadership and the Board of Directors.
• Analyzes and reports on key drivers of business and company performance, including monthly and quarterly results and variance analysis, and delivers insightful discussion and analysis of the key elements and drivers of the business.
• Understand key metrics and leverage financial information to deliver required financial targets.
• Develop strong relationships with the business area to create a common view of the financial results and associated attribution analysis for senior management.
• Communication of financial results in preparation for financial updates with the Board and CEO; ensure excellence in analytics and drive continuous improvement.
• Define, design, and implement financial models as needed to support planning and reporting.
• Performs what-if analysis as well as analyzes the financial impact of changes in business and new business opportunities.
• Key role supporting M&A, including evaluating businesses and their pro forma effect on Nassau’s business, and providing financial and business analytical support, including due diligence.
• Assists in preparation of presentation materials for important stakeholders – including several Nassau Boards, rating agencies, regulators, investors, banks, and others as needs arise.
• Facilitate responses to rating agency requests.
• Perform other duties as assigned.

Knowledge, Skills and Abilities

• BA Accounting/Finance or Actuarial required.
• Advanced degree(s) or certification(s) - CPA, CFA, FSA or MBA - strongly preferred.
• 15+ years’ experience in a leadership role.
• Knowledge of life insurance and annuity is required; reinsurance and/or M&A experience preferred.
• Experience with FP&A, management reporting, expense management and actuarial concepts.
• Effective financial, strategic and executive leadership skills.
• Strong financial acumen and knowledge of insurance financials (GAAP and STAT).
• Knowledge of and experience with actuarial models.
• Capital planning experience.
• Able to distill complex analysis and conclusions and present to executive management.
• Able to understand complex models and challenge assumptions.
• Excellent communication, organizational and analytical skills.
• Experience leading in a dynamic organization.
• Strong ability to deliver through influence.

Compensation

Nassau maintains a holistic compensation philosophy focused on competitive base salaries, performance driven incentives, and unique professional development opportunities. The combination of compensation, benefits, and an entrepreneurial culture along with related experiences is key to recruiting…