What are the responsibilities and job description for the FP&A Manager position at Wilton Re?
About The Company
Wilton Re is an industry leader in the life (re)insurance space, specializing in the acquisition of in force life insurance and annuities. We are experienced industry specialists focused on the risk, capital, and operational needs of our clients’ businesses. We provide our clients with the services they need from in force transactions and product development to underwriting and new business strategies.
Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the market.
Position Summary
The Financial Planning and Analysis (FP&A) team is responsible for the process, coordination, understanding, and reporting of financial results to senior management and rating agencies to support the Company’s strategic goals and decision-making processes.
This role in FP&A needs to have a strong foundation of US Statutory and GAAP life insurance and annuities financial reporting knowledge, advanced analytical capabilities, ability to collaborate across departments and with external parties, and ability to communicate financial results effectively. S/he will help develop insights that enable leadership to make effective and data-driven decisions with broad impact across the organization.
Role Responsibilities
Norwalk, CT
Hybrid Structure
Minimal to no travel required
Base salary/hourly rate range for this position in Connecticut is between $110,000 and $ 150,000. Please note that specific compensation decisions are based upon a variety of job-related factors as permitted by law, including geographic location, credentials, skills, education, training, and experience.
Base salary is just one component of Wilton Re’s total compensation package for employees. Additional compensation includes annual performance-based bonus, 401K with employer contribution, and profit-sharing program. Employee may also be eligible for long-term incentives (equity). All incentives and benefits are subject to the applicable plan terms.
What We Offer
Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days
401(k) plan with employer contribution - US Employees Only
Profit Sharing Program
Competitive parental leave
Health, vision, dental, and life insurance, including access to health and wellness programs
Actuarial Development Program (ADP) for Actuarial employees taking exams
Employee Assistance Program (EAP)
Current hybrid working environment
Employee Engagement Events and various committees on site to join
Wilton Re strives to attract, develop, and retain a diverse workforce. We are committed to providing an inclusive and accessible work environment where all associates feel valued, respected, and supported. Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have in place to remove barriers and provide equal opportunities to prospective and current associates, without discrimination. A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential.
To All Recruitment Agencies: Please do not send any resumes or solicitations regarding open positions to Wilton Re employees unless you have been requested to work on this position or other positions with Wilton Re; please reach out to your main point of contact. Wilton Re is not responsible for any fees related to unsolicited resumes.
Wilton Re is an industry leader in the life (re)insurance space, specializing in the acquisition of in force life insurance and annuities. We are experienced industry specialists focused on the risk, capital, and operational needs of our clients’ businesses. We provide our clients with the services they need from in force transactions and product development to underwriting and new business strategies.
Wilton Re has the resources and expertise to pursue and successfully manage the largest life and annuity transactions in the market.
Position Summary
The Financial Planning and Analysis (FP&A) team is responsible for the process, coordination, understanding, and reporting of financial results to senior management and rating agencies to support the Company’s strategic goals and decision-making processes.
This role in FP&A needs to have a strong foundation of US Statutory and GAAP life insurance and annuities financial reporting knowledge, advanced analytical capabilities, ability to collaborate across departments and with external parties, and ability to communicate financial results effectively. S/he will help develop insights that enable leadership to make effective and data-driven decisions with broad impact across the organization.
Role Responsibilities
- Prepare and present quarterly actual to expected variance analysis for internal and external stakeholders, including senior management, board of directors, and rating agencies. Results reported should provide insights into the company’s financial performance by block of business, asset class, risk type (e.g., mortality/longevity and morbidity), capital position, and risk profile.
- Participate in developing enterprise annual overhead budgets; prepare and present quarterly actual to budget financial results
- Perform distributable earnings analysis and support the Embedded Value team with experience variance analysis.
- Partner with others across the Company, such as the investment and actuarial teams, to understand and validate actual and expected results and variances. Results include investments, underwriting, expenses, and required and target capital.
- Assist in ad hoc financial modeling, providing clear financial insights that help management gauge trade-offs and implications of different strategic alternatives.
- Develop new dashboards to enhance flash reporting capabilities.
- Recommend and implement process improvements that drive operating leverage within the FP&A team and across the Company.
- Drive enhancements to and adoption of financial planning software.
- Ensure compliance with financial regulations and internal policies.
- Over 8 years of Life (Re)insurance financial analysis and/or reporting.
- Strong knowledge of life insurance accounting principles (US Statutory and GAAP), investment income, products, and profitability drivers; familiarity with operating expenses a plus.
- Proficiency in financial modeling, data analysis, and forecasting.
- High level of proficiency in MS Office Suite, particularly Excel and PowerPoint. Advanced Excel skills, data analytics / BI software (e.g., MS Power BI, Tableau) experience, and Workiva experience are highly valued.
- Strong analytical and problem-solving skills, along with great attention to detail.
- Excellent verbal and written communication skills.
- Ability to work independently, adapt to fast changing priorities and innovative solutioning, manage tasks efficiently and meet deadlines.
- Ability to build relationships and drive collaboration with multiple teams across the organization.
- BS or BA in Finance, Accountancy, or Data Analytics preferred.
- Candidate with relevant certification (e.g., CPA or MBA) a plus.
Norwalk, CT
Hybrid Structure
Minimal to no travel required
Base salary/hourly rate range for this position in Connecticut is between $110,000 and $ 150,000. Please note that specific compensation decisions are based upon a variety of job-related factors as permitted by law, including geographic location, credentials, skills, education, training, and experience.
Base salary is just one component of Wilton Re’s total compensation package for employees. Additional compensation includes annual performance-based bonus, 401K with employer contribution, and profit-sharing program. Employee may also be eligible for long-term incentives (equity). All incentives and benefits are subject to the applicable plan terms.
What We Offer
Competitive vacation and sick time, including company-paid holidays, floating holidays and early closing days
401(k) plan with employer contribution - US Employees Only
Profit Sharing Program
Competitive parental leave
Health, vision, dental, and life insurance, including access to health and wellness programs
Actuarial Development Program (ADP) for Actuarial employees taking exams
Employee Assistance Program (EAP)
Current hybrid working environment
Employee Engagement Events and various committees on site to join
Wilton Re strives to attract, develop, and retain a diverse workforce. We are committed to providing an inclusive and accessible work environment where all associates feel valued, respected, and supported. Our commitment to inclusivity is reflected in the safeguards, policies, and commitments we have in place to remove barriers and provide equal opportunities to prospective and current associates, without discrimination. A Human Resources representative is available to consult with applicants who require accommodation in the application or recruitment process. Any information shared by the applicant about an accommodation will be treated as confidential.
To All Recruitment Agencies: Please do not send any resumes or solicitations regarding open positions to Wilton Re employees unless you have been requested to work on this position or other positions with Wilton Re; please reach out to your main point of contact. Wilton Re is not responsible for any fees related to unsolicited resumes.
Salary : $110,000 - $150,000
