Head of Wealth Business Strategic Finance

The Opportunity

Highly seasoned finance professional with specialized skills / knowledge, which is recognized across the organization for their expertise. Demonstrated potential to take on expanded responsibilities. Influences and makes decisions with significant impact on the organization and / or company. Influences the development of functional strategy. Establish medium to long term work plans for the function and contributes to the development of financial and resource planning needed to achieve department business objectives. Has an established track record of success for driving and accomplishing critical business objectives. Manage available resources at the single or multi-departmental level. Manage, coach and develop one or more direct reports.

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. In addition, 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 :

Monitor and Communicate Business Drivers and Results

• Identify and monitor key performance drivers and risks with timely communications of trends and observations. This supports 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

Model and Analyze

Drive and Support Strategic Initiatives

Collaborate, Communicate and Influence

The Minimum Qualifications

The Ideal Qualifications

What to Expect as Part of MassMutual and the Team

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Salary Range :

$159,800.00-$209,700.00

At MassMutual, we focus on ensuring fair equitable pay, by providing competitive salaries, along with incentive and bonus opportunities for all employees.Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.

Why Join Us.

We’ve been around since 1851. During our history, we’ve learned a few things about making sure our customers are our top priority. In order to meet and exceed their expectations, we must have the best people providing the best thinking, products and services. To accomplish this, we celebrate an inclusive, vibrant and diverse culture that encourages growth, openness and opportunities for everyone. A career with MassMutual means you will be part of a strong, stable and ethical business with industry leading pay and benefits. And your voice will always be heard.

We help people secure their future and protect the ones they love. As a company owned by our policyowners, we are defined by mutuality and our vision to put customers first. Its more than our company structure – it’s our way of life. We are a company of people protecting people. Our company exists because people are willing to share risk and resources, and rely on each other when it counts. At MassMutual, we Live Mutual.

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.

At MassMutual, we focus on ensuring fair, equitable pay by providing competitive salaries, along with incentive and bonus opportunities for all employees. Your total compensation package includes either a bonus target or in a sales-focused role a Variable Incentive Compensation component.For more information about our extensive benefits offerings please check out our Total Rewards at a Glance.

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