[Remote] Finance Director, Wealth & Annuity Segment

Note: The job is a remote job and is open to candidates in USA. Veracity Software Pvt. Ltd. is seeking a Finance Director for their Wealth & Annuity Segment, a role that is fully remote with some travel required to the corporate headquarters. The position serves as a Strategic Financial Business Partner, focusing on financial management and supporting business leaders in achieving strategic goals within the Wealth Segment.

Responsibilities

• 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
• 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

Skills

• Bachelor's degree in a Financial Discipline
• 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
• 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

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