MassMutual
Overview
The Head of Wealth Management Strategic Finance will work with business partners in Wealth/ MMLIS, MMFA and Corporate Finance to provide high quality information and analysis to facilitate assessment and reporting of business performance, proactive identification of value creation strategies and clear tools and analytics to support decision‑making. The role reports to the Head of BP&AD (Brand, Product and Affiliated Distribution) Strategic Finance within CFO, and will be working directly with the Head of Wealth Management and their team on a regular basis. You’ll have an opportunity to contribute to helping our businesses grow and become more profitable. You will be an integral part of the Wealth Growth Strategy with meaningful expansion by 2030. You will develop and maintain strong knowledge of products, markets, competitors and key industry metrics. You will utilize your understanding of the business’ challenges and priorities to help drive decision‑making. You will partner across Finance to understand the financials, leveraging data platforms to identify key information that will help to tell the story. You will provide support to CFO customers on performance, opportunities for cost efficiencies, benchmarking comparisons, sales, profitability results and considerations for decision‑making. You will contribute to engagement for change, innovation and value creation. The Team
In this role, you will join our BP&AD Strategic Finance team primarily supporting Wealth Management solutions business. You will oversee a direct report who directly owns Flourish, MM Funds and who will support the broader wealth business under your leadership. The Strategic Finance team is a collaborative team whose members demonstrate accountability, agility, a dedication to be inclusive, strong business acumen, and show courage, even in the most difficult situations. Highly effective communication and influencing skills are key to successful relationship‑building and the ability to articulate the reasoning and bases for recommendations and conclusions are imperative. Our team demonstrates an inquisitive approach, asking probing questions to identify issues with specificity. The Impact
Your work will impact strategic decisions made by your business partners, enabling better strategic decisions utilizing the financial data and tools. You will accomplish that through the responsibilities listed below: Responsibilities
Monitor and communicate business drivers and results: identify and monitor key performance drivers and risks with timely communications of trends and observations; support decision making, internal management reporting and external reporting. Analyze sales, expenses, cash flows, AUM, unit costs and other financial business drivers used by business partners and the CFO organization. Influence, lead and educate on financial‑related elements of the strategic and tactical success of the businesses. Prepare high quality analysis to influence key financial decisions, including developing and employing analytical models; this analysis is used by the business and within CFO for management and external reporting. Contribute to the development of driver‑based forecasts, review P&L assumption elements for reasonableness, and collaborate with business partners to develop key forecast drivers. Serve as a strategic consultant to the business, generating proactive recommendations for earnings optimization. Participate in driving business financial projects/initiatives; contribute to cost‑benefit analyses to support decision making and prioritization to maximize benefits. Inspire, lead and execute CFO transformation initiatives, including data‑driven financial analysis, automated reporting, advanced analytics, data governance, and talent strategy. Develop and maintain strong working relationships with business partners and CFO colleagues to continuously improve CFO processes. Draft and contribute to commentary that enables readers to understand how business drivers impact financial results; communicate complex information clearly and with appropriate context for actionable content. Address and drive solutions for financial‑related issues and opportunities, including influencing cross‑functional actions and collaboration. Minimum Qualifications
10+ years experience in finance or actuarial, ideally with life insurance, annuity products or wealth management experience Experience using data to analyze and communicate the implications of business unit activity, leveraging business intelligence applications (Alation, MicroStrategy, SQL queries, etc.) Intellectual curiosity to continue learning and adding breadth and depth to understanding; ability to partner with and influence leaders in using financial information and tools to identify options and make decisions Excellent communication skills, with the ability to convey complex information in clear terms Exceptional relationship building and influencing skills Experience with financial forecasting and quarter closes Ideal Qualifications
FSA, CFA, CPA or MBA designation is a plus Knowledge of U.S. GAAP and statutory financial reporting requirements is a plus Ability to work well under pressure and manage multiple deliverables Ability to lead and manage one or more direct reports What to Expect as Part of MassMutual and the Team
Regular meetings with the teams Focused one‑on‑one meetings with your manager Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran, and disability‑focused Business Resource Groups Access to learning content on Degreed and other informational platforms Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits MassMutual is an equal employment opportunity employer. We welcome all persons to apply. If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
#J-18808-Ljbffr
The Head of Wealth Management Strategic Finance will work with business partners in Wealth/ MMLIS, MMFA and Corporate Finance to provide high quality information and analysis to facilitate assessment and reporting of business performance, proactive identification of value creation strategies and clear tools and analytics to support decision‑making. The role reports to the Head of BP&AD (Brand, Product and Affiliated Distribution) Strategic Finance within CFO, and will be working directly with the Head of Wealth Management and their team on a regular basis. You’ll have an opportunity to contribute to helping our businesses grow and become more profitable. You will be an integral part of the Wealth Growth Strategy with meaningful expansion by 2030. You will develop and maintain strong knowledge of products, markets, competitors and key industry metrics. You will utilize your understanding of the business’ challenges and priorities to help drive decision‑making. You will partner across Finance to understand the financials, leveraging data platforms to identify key information that will help to tell the story. You will provide support to CFO customers on performance, opportunities for cost efficiencies, benchmarking comparisons, sales, profitability results and considerations for decision‑making. You will contribute to engagement for change, innovation and value creation. The Team
In this role, you will join our BP&AD Strategic Finance team primarily supporting Wealth Management solutions business. You will oversee a direct report who directly owns Flourish, MM Funds and who will support the broader wealth business under your leadership. The Strategic Finance team is a collaborative team whose members demonstrate accountability, agility, a dedication to be inclusive, strong business acumen, and show courage, even in the most difficult situations. Highly effective communication and influencing skills are key to successful relationship‑building and the ability to articulate the reasoning and bases for recommendations and conclusions are imperative. Our team demonstrates an inquisitive approach, asking probing questions to identify issues with specificity. The Impact
Your work will impact strategic decisions made by your business partners, enabling better strategic decisions utilizing the financial data and tools. You will accomplish that through the responsibilities listed below: Responsibilities
Monitor and communicate business drivers and results: identify and monitor key performance drivers and risks with timely communications of trends and observations; support decision making, internal management reporting and external reporting. Analyze sales, expenses, cash flows, AUM, unit costs and other financial business drivers used by business partners and the CFO organization. Influence, lead and educate on financial‑related elements of the strategic and tactical success of the businesses. Prepare high quality analysis to influence key financial decisions, including developing and employing analytical models; this analysis is used by the business and within CFO for management and external reporting. Contribute to the development of driver‑based forecasts, review P&L assumption elements for reasonableness, and collaborate with business partners to develop key forecast drivers. Serve as a strategic consultant to the business, generating proactive recommendations for earnings optimization. Participate in driving business financial projects/initiatives; contribute to cost‑benefit analyses to support decision making and prioritization to maximize benefits. Inspire, lead and execute CFO transformation initiatives, including data‑driven financial analysis, automated reporting, advanced analytics, data governance, and talent strategy. Develop and maintain strong working relationships with business partners and CFO colleagues to continuously improve CFO processes. Draft and contribute to commentary that enables readers to understand how business drivers impact financial results; communicate complex information clearly and with appropriate context for actionable content. Address and drive solutions for financial‑related issues and opportunities, including influencing cross‑functional actions and collaboration. Minimum Qualifications
10+ years experience in finance or actuarial, ideally with life insurance, annuity products or wealth management experience Experience using data to analyze and communicate the implications of business unit activity, leveraging business intelligence applications (Alation, MicroStrategy, SQL queries, etc.) Intellectual curiosity to continue learning and adding breadth and depth to understanding; ability to partner with and influence leaders in using financial information and tools to identify options and make decisions Excellent communication skills, with the ability to convey complex information in clear terms Exceptional relationship building and influencing skills Experience with financial forecasting and quarter closes Ideal Qualifications
FSA, CFA, CPA or MBA designation is a plus Knowledge of U.S. GAAP and statutory financial reporting requirements is a plus Ability to work well under pressure and manage multiple deliverables Ability to lead and manage one or more direct reports What to Expect as Part of MassMutual and the Team
Regular meetings with the teams Focused one‑on‑one meetings with your manager Networking opportunities including access to Asian, Hispanic/Latinx, African American, women, LGBTQ, veteran, and disability‑focused Business Resource Groups Access to learning content on Degreed and other informational platforms Your ethics and integrity will be valued by a company with a strong and stable ethical business with industry leading pay and benefits MassMutual is an equal employment opportunity employer. We welcome all persons to apply. If you need an accommodation to complete the application process, please contact us and share the specifics of the assistance you need.
#J-18808-Ljbffr