AVP & Actuary, US Finance Business Partner

Job Description

The Opportunity The AVP & Actuary, US Finance Business Partner will lead a team of 5-6 responsible for supporting the US Insurance business from a Finance perspective. Accountabilities include financial support and analysis of US Insurance initiatives, US new business profitability planning, reporting and forecasting, US sales reporting and forecasting, US Sales Incentive Plans (SIP), and US Segment IFRS planning and forecasting. To succeed in this role, the AVP & Actuary will not only oversee planning, forecasting, and reporting but will also actively identify and drive opportunities to improve US segment results and be a key Finance business partner for the Head of US Insurance. Key Accountabilities Leadership Lead, manage, develop, and motivate a diverse, professional team of 5-6 Demonstrate leadership and influence as a key member of the US Finance Leadership Team and US Insurance Leadership Team Financial support and analysis of US Insurance and other growth initiatives Act as Finance Business partner to Head of US Insurance, supporting key initiatives from a financial perspective Contribute financial support and advice for the development and prioritization of business strategies and plans, client proposals and other business activities Provide financial review of new product initiatives including assumptions and pricing reports Work with Pricing and Inforce Management teams to develop strategies to maximize capital and tax efficiencies Represent US Finance as a member on the US Insurance Leader Team (ILT) Partner with US Strategy to review and sign off on the financial aspects of business cases in the Book of Work Review and approve value of initiatives attributed to AI and Digital US New Business Profitability Planning, Reporting, and Forecasting Collaborate with Pricing to prepare annual New Business Plan for products open to new business Lead new business profitability (i.e. NBV, NB CSM, LROC) reporting and forecasting Perform Macro/Portfolio Level New Business Profitability Analysis Identify and drive opportunities to improve new business growth and profitability US Sales Reporting and Forecasting Oversee New Business sales reporting including the production of the executive-facing Daily Production Report, month end sales reports, and quarterly sales reports (such as external submissions for LIMRA sales reporting) Manage monthly sales forecasting process, including policies and applications US Sales Incentive Plan (SIP) Manage financial aspects of the US Sales Incentive Plan (SIP), including modeling of plan design, calculating monthly advances and quarterly/annual true ups, and populating quarterly statements for employees. US Segment IFRS Planning and Forecasting (Includes all business lines: Life, LTC, Variable Annuities, Fixed Annuities) Collaborate with FP&A team to deliver: Annual Business Plan Monthly financial forecasts to produce financial projections of earnings, CSM, and new business metrics Monitor business performance agai

Required Skills