VP – Head of Business Partnering & Strategic Execution

DEPARTMENT : Business Planning & Controlling

REPORTING TO : Chief Corporate Strategy Officer 

MAIN PURPOSE OF JOB:

Being key business partner in finance for the business units. Responsibility for Distribution compensation (DAP) on all channels, for campaigns & business cases.

RESPONSIBILITIES

Distribution Compensation 

•  Lead and deliver the annual distribution compensation frameworks (DAP) for all channels, incl. Agency, Banca and CS.
• Collaborate with Distribution and generate a solid compensation framework in line with company’s growth targets
• Ensure adequate financial foundation of distribution compensation & review profitability impacts

Ensure proper financial review of distribution campaigns

•  Review all distribution campaigns
• Support and collaborate with distribution units
• Challenge assumptions when necessary
• Provide full financial review and summarize for management as required

Ensure financial review of other campaigns

•  Review any other campaigns & business cases as required (except Inforce campaigns). This includes any ad hoc requests.
•  Be a key Point of contact in Finance & Strategy team for new business cases.

Business Partnering Culture

• Implement and maintain a strong Business Partnering culture between business units & Finance
• Build strong relation with the business units
• Be challenger and controller, but also a respected and trusted partner for the business units

Team development

•  Ensure development of the team to foster a strong business & strategic culture
• Advance collaborative and engagement skills of the team

QUALIFICATIONS

• At least 8-10 years life insurance working experience, preferably with at least a part in actuarial valuation or pricing or similar actuarial fields.
• Good knowledge of Excel and Prophet (or similar packages) is required.
• A good command of English, since it is the office language.
• Preferably a Qualified actuary from a recognized actuarial association.
• Preferably with some past exposure to Distribution, Product team or other relevant business units.