Description and Requirements
Position: VP, US Business Strategy & Execution
Location: 200 Park Ave
Setting : Hybrid
Reports to: Regional President, U.S. Business & Head of MetLife Holdings
Travel : 15%
The Team You Will Join
At MetLife, we're changing how our customers experience insurance-making it simpler, smarter and designed around them. With years of rich data and insights, we uncover patterns and predict behaviors that help us design products and services that flex as our customers' needs and lives change. With us at their side, our customers can navigate their worlds with confidence, ready for every milestone and adventure ahead. The US Business team is at the heart of it all through it's core businesses:
- Group Benefits - Provides employee benefits to more than 50,000 group customers, covering more than 41 million employees and their families
- Retirement Income Solutions - Provides guaranteed income to individuals in a predictable and low risk way and helps companies reduce their risk and remain financially strong
- Metlife Holdings - Products MetLife no longer actively markets in the US (Retail Life, Retail Annuities, Longer Term Care and Total Control Account)
The Opportunity
The VP of US Business Strategy & Execution will lead the execution of key strategic initiatives on behalf of Regional President, US Business and works across the full leadership team of the US Business (Group Benefits, Retirement and Income Solutions & MetLife Holdings).
The incumbent will advise the Head of US Business and SLT on the US business strategy as well as lead an internal team responsible for driving the execution of strategic initiatives and continuous development of the MetLife US Business strategy across the group.
How You'll Help Us Build a Confident Future:
Strategy
- Collaborate across USB Senior leadership to develop an integrated strategy roadmap; work closely with key business, functional, and corporate partners (Strategy, M&A, etc.) and monitor progress against goals.
- Identify, cultivate, analyze, and prioritize business development opportunities.
- Manage the US Business strategic planning process and work closely with Finance on coordination with the US Business and Corporate Financial Planning process.
- Conduct research on strategic business issues affecting the company and lead regular, strategic discussions with the Head of US Business and SLT to promote the transfer of strategic ideas to operational decisions.
- Take an active role in ensuring the success of select strategic initiatives that cut across US Business lines and present significant opportunity or risk to the organization. Work with key stakeholders in translating these opportunities and threats into business initiatives.
- Develop analyses and formal business cases, as needed of the opportunities. This includes background on opportunity, strategic rationale, expected financial and non-financial benefits, potential deal/structural issues and other risks and associated mitigants.
- Continually refresh the US Business Strategy team by attracting, developing, motivating, and retaining a group of high potential professionals.
- Support MetLife's businesses and functions by being a source of talent.
Business Management
- Oversee key enterprise deliverables internally and externally for the Regional President and US Business Senior Leadership team.
- Ensure readiness for Executive Group meetings, Business Reviews, or similar strategic senior leadership sessions, including Board of Directors meetings in consultation with the Corporate Secretary, OCEO and Chief of Staff.
- Collaborate with relevant stakeholders to ensure readiness, facilitate, and participate as appropriate in leadership meetings, including Board of Directors and Executive Group meetings and Financial Reviews, etc.
What You Need to Succeed (Required Qualifications):
- Possess a minimum of 8-10 years of experience in Financial Services
- Proven success executing against significant growth strategies cross product/functions.
- Strong ability and desire to navigate cross functionally with various levels of management.
- Have proven experience in strategy development, execution and excellent analytical and financial skills.
- Have expertise in the Life Insurance industry in the United States. Specific subject matter expertise and experience in Employer Benefits space across product, distribution or technology is preferred.
- Possess effective and impactful written and verbal communication skills.
- Be an accomplished change management leader, able to operate effectively in a highly matrixed environment and to exhibit the necessary gravitas in senior staff meetings.
- Have strong problem-solving skills in support of senior management in working through a path of strategy design to delivery.
- Strong quantitative measurement, budgeting, and management reporting and analytical skills.
- Undergraduate degree required, MBA or other advanced degree preferred.
What Will Give You an Edge (Additional Skills)
- Prior experience at a management consulting firm
The salary range for applicants for this position is $213,200 - $284,300.
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 2024 "World's Most Admired Companies", Fortune World's 25 Best Workplaces™ for 2024, as well as the 2024 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 [email protected]. 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.
$213,200 - $284,300
#BI-Hybrid
