At TruStage, we’re on a mission to make a brighter financial future accessible to everyone. We put people first, and work hand in hand with employees and customers to create a diverse and inclusive environment. Passionate about building insurance and financial services solutions, we push the boundaries of what’s possible. We need you to help us shape what’s next. You’ll be encouraged to share your experiences, ideas and skills to help others take control of their financial future.
Join a team that has received numerous awards for being a top place to work: TruStage awards and recognition
Compensation: $154,100 (Min) - $220,400 (Mid) - $286,600(Max)
Job Purpose:
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 TruStage's multi-billion Wealth Segment. The segment consists of primarily Annuity, Pension Risk Transfer, and Retirement Products.
Job 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.
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.
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If you’re ready to help make a difference, apply today. A resume is required to apply. TruStage 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. TruStage 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.
Compensation may vary based on the job level, your geographic work location, position incentive plan and exemption status.
Base Salary Range:
$128,500.00 - $239,000.00
At TruStage, we believe a sound, inclusive benefits program is of vital importance, along with a flexible workplace that allows for work-life balance, career growth and retirement assistance. In addition to your base pay, your position may be eligible for an annual incentive (bonus) plan. Additional benefits available to eligible employees include medical, dental, vision, employee assistance program, life insurance, disability plans, parental leave, paid time off, 401k, and tuition reimbursement, just to name a few. Beyond pay and benefits, we also recognize that flexibility, including working in a place you prefer, is essential to caring for our employees. We will continue to strive to offer flexibility and invest in technology and other tools that will make hybrid working normal rather than an exception, so that when “life happens,” you can focus on what’s most important.
Accommodation request
TruStage is a place where everyone can bring their best self and thrive. If you need application or interview process accommodations, please contact the accessibility department.
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