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Local Market Finance Lead | Local Market Finance Lead in Job Job at Metlife in New York NY | 722691

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Local Market Finance Lead

Location:
New York, NY
Description:

Description and Requirements Job Location: NY or Bridgewater preferred but flexible Role Value Proposition: The Local market Finance Lead is a critical role within the Local Market Finance team in US CFO which was created to better align with the restructured Group Benefits Regional & Small Market organization. This role is part of a multi-functional team that partners directly with Sales, Strategy & Underwriting to identify growth opportunities that help the sales office achieve its' financial targets. The role owns accountability for evaluating financial results for each sales office as well as pricing and other strategies. Key Responsibilities: Lead the process with Regional Directors for monitoring, reporting and analyzing experience for two of the six regions within the 2- 5,000 lives and PEO/Association market. Direct accountability for evaluating product pricing strategies (new business and renewal) to enable the business to achieve growth and profitability goals. Direct accountability for identification, evaluation, implementation and monitoring of local market initiatives. Collaborate with local market Sales and Underwriting leaders in evaluation of local market experience, identifying local market opportunities and implementing initiatives. o Gain deep understanding of local market objectives and external landscape o Explain key trends impacting business performance o Determine ideal segmentation of business for local market strategy evaluation o Measure initiative results, assess and communicate impact Engage with Product Pricing teams to share local market understanding and positively influence manual rate development. Partner with Underwriting teams to achieve renewal rate targets and new business margins consistent with strategies. Support Quarterly Business Reviews with US Group senior leadership by providing analytics and insight into regional/office financial results Essential Business Experience and Technical Skills: (5 -7 bullets) 5+ years of successful work experience within a variety of group insurance/employee benefits functional responsibilities such as Product Development/Pricing, Finance, and Underwriting. Advanced analytical skills. High degree of business and financial acumen. Able to foster relationships and operate effectively in a highly matrixed environment and drive sustainable results. Undergraduate degree required, MBA or other advanced degree preferred. ASA/FSA certification preferred Salary Grade: 12C Business Category: US CFO The wage range for applicants for this position is $111,800 to $148,100 . This role is also eligible for annual short-term incentive compensation. MetLife offers a comprehensive benefits program, including healthcare benefits, life insurance, retirement benefits, parental leave, legal plan services and paid time off. All incentives and benefits are subject to the applicable plan terms. Benefits We Offer Our U.S. benefits address holistic well-being with programs for physical and mental health, financial wellness, and support for families. We offer a comprehensive health plan that includes medical/prescription drug and vision, dental insurance, and no-cost short- and long-term disability. We also provide company-paid life insurance and legal services, a retirement pension funded entirely by MetLife and 401(k) with employer matching, group discounts on voluntary insurance products including auto and home, pet, critical illness, hospital indemnity, and accident insurance, as well as Employee Assistance Program (EAP) and digital mental health programs, parental leave, volunteer time off, tuition assistance and much more! About MetLife Recognized on Fortune magazine's list of the 2023 "World's Most Admired Companies" as well as the 2023 Fortune 100 Best Companies to Work For , MetLife , through its subsidiaries and affiliates, is one of the world's leading financial services companies; providing insurance, annuities, employee benefits and asset management to individual and institutional customers. With operations in more than 40 markets, we hold leading positions in the United States, Latin America, Asia, Europe, and the Middle East. Our purpose is simple - to help our colleagues, customers, communities, and the world at large create a more confident future. United by purpose and guided by empathy, we're inspired to transform the next century in financial services. At MetLife, it's #AllTogetherPossible . Join us!Equal Employment Opportunity/Disability/Veterans If you need an accommodation due to a disability, please email us at XXXX@metlife.com. This information will be held in confidence and used only to determine an appropriate accommodation for the application process. MetLife maintains a drug-free workplace. Requisition #: 16276ahf9io63
Company:
Metlife
Posted:
April 4 on InsuranceJobs
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