Finance Director, Wealth & Annuity Segment
(Remote)
Full Time
Job is fully remote with monthly travel to the corporate headquarters in Madison, WI.
Ideal Candidate: 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.
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.
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.
Position Specific to the Wealth & Annuities Segment:
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
Job Requirements:
Bachelor's degree in a Financial Discipline. Master's in business administration or other education in business related fields beneficial as indicator of strong skills in business management 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.
Our company may process applicant information using an Artificial Intelligence (AI) tool. This tool automatically generates a screening score based on how well applicant information matches the requirements and qualifications for the position. Company recruiters use the screening score as a guide to further evaluate candidates; the score is one component of an application review and does not automatically determine whether a candidate moves forward. Candidates may choose to opt out of this process.
Submission and payment terms for candidates submitted via this Portal will be governed by both the Portal Terms contained herein and the terms of the applicable services agreement between CMFG Life Insurance Company and the outside recruiting agency. If there is a conflict between the Portal Terms and the terms of the services agreement, the Portal Terms shall govern solely with respect to this candidate submission.
