AVP, Financial Planning and Analysis, Health and Risk Solutions

You are as unique as your background, experience and point of view. Here, you’ll be encouraged, empowered and challenged to be your best self. You'll work with dynamic colleagues - experts in their fields - who are eager to share their knowledge with you. Your leaders will inspire and help you reach your potential and soar to new heights. Every day, you'll have new and exciting opportunities to make life brighter for our Clients - who are at the heart of everything we do. Discover how you can make a difference in the lives of individuals, families and communities around the world.

Job Description:

Location: We support US flexible working arrangements in the contiguous 48 states.

At Sun Life, we look for optimistic people who want to make life brighter for our Clients. We understand the value of diverse cultures, perspectives, and identities, and want you to bring your full and authentic self to work. Every day, you’ll be empowered and challenged by working with dynamic colleagues to find new and innovative ways to make Sun Life the best benefits company in America.

The opportunity:

Position has primary responsibility for FP&A function supporting the Health and Risk Solutions

Business Unit. Individual will be responsible for managing the overall financial planning, results reporting and supporting analytics/analysis. Individual is responsible for providing financial modeling for business opportunities and initiatives. Role requires strong collaboration with the H&RS Finance & Actuarial team, the H&RS BU leadership team and the U.S. Central FP&A team

How you will contribute:

Responsibilities include:

Manages, analyzes and reports financial results

• Overall responsibility for delivering results reporting and associated analysis of
  
  

performance

• Manages development and delivery of financial reporting packages used to
  
  

communicate business results including production of including KPI, DOE, MBR & QBR

• Manages development and delivery of monthly financial forecast and early indicators of
  
  

results including enhancements to forecasting models and performance trackers

• Develops, delivers and continuously evolves financial dashboards and supporting
  
  

financial results analysis to continue to enhance our understanding and communication

of drivers of results

• Coordinates with pricing and valuation teams to analyze and report on financial
  
  

profitability of business

• Develops, analyzes & reports on product level financial profitability
• Coordinates with ALM and Capital Management to analyze and explain investment
  
  

income and income on capital performance

• Manage BermudaRe relationship including quarterly/annual review meetings, improved
  
  

understanding of BermudaRe financials and annual treaty updates

• Support evaluation of other possible structures to reduce capital
  
  

Responds to questions from management which may include research, identifying

issues and making recommendations

• Acts as primary liaison with Central FP&A and Controller’s groups on any financial
  
  

deliverables and accounting issues

Financial Planning Process for Strategic Plan & Annual Business Plan

• Manages overall financial planning process supporting the Strategic Plan & Annual
  
  

Business Plan (and FCT)

• Leads the overall financial modeling work supporting these deliverables
• Responsible for production of all supporting financial plan deliverables including plan
  
  

presentations, templates and key metrics/drivers

• Responsible for coordinating the development and delivery with various teams including
  
  

BU leadership, HRS expense management, HRS pricing/valuation, ALM and Central

FP&A

• Responds to questions from management which may require additional plan
  
  

analysis/adjustments

• Identify opportunities to improve process, associated modeling, and results
  
  

communication/reporting

Financial analysis and modeling to support strategic & operational initiatives

• Proactively participates in business unit strategic & operational initiatives providing
  
  

financial analysis & insight

• Drives development and delivery of financial analysis and modeling to support evaluation
  
  

of growth strategies, key initiatives, strategic pillars, current & future partnerships, new

product development, fee-based pricing and M&A opportunities

• Works collaboratively with business to develop, challenge and monitor business
  
  

performance assumptions

• Drives and/or participates in special projects, initiatives and analysis as requested based
  
  

on business/financial needs

Staff management & development

• Attract, retain and develop top talent within a high performing culture
• Provides objectives, feedback, training, guidance & development of team
  
  

Evaluates performance and provides feedback for growth improvements

What you will bring with you:

Specialized Skills:

• Advanced analytical/problem-solving skills - ability to dig deep into dig deep into the
  
  

source of an issue and synthesize data to present findings & recommendations

• Ability to manage complexity and competing priorities to work effectively within time
  
  

constraints

• Strong organizational skills - accurate and detailed oriented
• Strong communication skills including the ability to communicate effectively with senior
  
  

management and internal/external stakeholders

• Strong management skills – ability to delegate and develop staff
• Strong collaboration skills – ability to work cross functionally
• Advanced financial modeling, PowerPoint and presentation skills
  
  

Education and Experience:

• FSA/ASA with substantial knowledge and experience in Insurance Industry, knowledge
  
  

of the health insurance industry and/or stop loss products preferred

• Bachelor’s degree or higher, specializing in mathematics, statistics, actuarial science,
  
  

economics or corporate finance

• Experience and expertise in areas including financial modeling, financial reporting,
  
  

valuation and/or pricing

• Management experience and proven expertise in managing & developing team
  
  

Do you see yourself in this role even if you haven’t checked all the boxes above? We welcome all talented candidates and are committed to a culture that represents diversity in all forms. If you think you might thrive in this setting, we would love to hear from you.

Not ready to apply yet but want to stay in touch? Join our talent community to stay connected until the time is right for you!

Life is brighter when you work at Sun Life

• Excellent benefits and wellness programs to support the three pillars of your well-being – mental, physical and financial – including generous vacation and sick time, market-leading paid family, parental and adoption leave, a partially-paid sabbatical program, medical plans, company paid life and AD&D insurance as well as disability programs and more
• Retirement and Stock Purchase programs to help build and enhance your future financial security including a 401(k) plan with an employer-paid match as well as an employer-funded retirement account
• A flexible work environment with a friendly, caring, collaborative and inclusive culture
• Great Place to Work® Certified in Canada and the U.S.
• Named as a “Top 10” employer by the Boston Globe's “Top Places to Work” two years running
  
  

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.

If you are a California resident, the salary range for this position is:

• Southern California region: 175,300-280,500 annually
• Central California region: 175,300-280,500 annually
• Northern California region: 175,300-280,500 annually
  
  

If you are a Minnesota, Colorado or Nevada resident, the salary range for this position is 175,300-280,500 annually

If you are a Illinois, Connecticut or Maryland resident, the salary range for this position is 175,300-280,500 annually

If you are Washington, Washington D.C., and Rhode Island resident, the salary range for this position is 175,300-280,500 annually

If you are a New York resident, the salary range for this position is 175,300-280,500 annually

We consider various factors in determining actual pay including your skills, qualifications, and experience. In addition to salary, this position is eligible for incentive awards based on individual and business performance as well as a broad range of competitive benefits.

Sun Life Financial is a leading provider of group insurance benefits in the U.S., helping people protect what they love about their lives. More than just a name, Sun Life symbolizes our brand promise of making life brighter -for our customers, partners, and communities. Join our talented, diverse workforce and launch a rewarding career. Visit us at www.sunlife.com/us to learn more.

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

Our Affirmative Action Program affirms our commitment to make reasonable accommodation to the known physical or mental limitation of otherwise-qualified individuals with disabilities or special disabled veterans, unless the accommodation would impose an undue hardship on the operation of our business. Please email recruitingUS@sunlife.com to request an accommodation.

At Sun Life we strive to create a flexible work environment where our employees are empowered to do their best work. Several flexible work options are available and can be discussed throughout the selection process depending on the role requirements and individual needs.

For applicants residing in California, please read our employee California Privacy Policy and Notice.

Job Category:

Finance

Posting End Date:

05/01/2025

All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or status as a protected veteran.