[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.ResponsibilitiesServe as a key member of the assigned area Leadership TeamActively participate in strategic and tactical planning, providing a financial perspectiveWork with business leaders and potential external partners to identify, plan and execute strategic profit improvement tacticsProvide financial and strategic support in various activities such as product development/exit strategy, Mergers and Acquisitions, incubator and/or transformational efforts including outsourcing tacticsPartner with the Finance organization to ensure strong performance management disciplineCollaborate with other Finance functions to ensure consistent and effective decision makingProvide leadership on cross Finance or cross-organizational projectsLead/coordinate cross-functional team meetings to facilitate and ensure sharing of information, manage customer expectations, and ensure 'one voice' of financeBuild and lead staff to support and drive departmental/corporate goals and strategyDevelop staff capabilities and cultivate talent for future advancementEnsure 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 financialsIdentify 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 decisionsFacilitate the business management process within the assigned areaManage the business models and plans, focusing on meeting current business and financial expectationsDrive the problem-solving process regarding financial performance variancesRecommend actions to address variances to the assigned area Leadership TeamDesign/support programs to strengthen financial literacy within the assigned areaServe 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 reportingSkillsBachelor's degree in a Financial DisciplineProfessional designations such as CPA, CMA, CLU, ChFC, CCUE, or FSA indicating professional competency in financial and insurance related areas4-5 years of experience leading teams or providing direction to other resources3-5 years of experience in providing executive consultation and influencing business decisions12+ years of work experience in financial management with managerial responsibility for functional activities in the financial services industryExperience working with sales and revenue models, company financials, product pricing and profitability models and performance measuresStrong verbal and written communication skillsDemonstrated leadership and ability to get positive results through influence, persuasion, leadership, presentations and group facilitation skillsDeep expertise in annuities and/or pension risk transfer, with a strong understanding of insurance balance sheets and liability-driven investingActuarial 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-makingCompany OverviewAt Veracity, if you have an idea you want to validate, a product you need to build, or an existing product that needs optimization, our teams are trained to jump in wherever needed. It was founded in 2010, and is headquartered in Pune, Maharashtra, IN, with a workforce of 51-200 employees. Its website is https://www.veracity-us.com.