Head of Strategic Planning and Delivery

6 days ago

Hartford, Connecticut, United States MassMutual Full time
Job Title: Head of Strategy, Planning

MassMutual is seeking a seasoned professional to lead its Strategic Planning and Delivery (SP&D) function. As the Head of SP&D, you will be responsible for driving the end-to-end management and evolution of this critical function.

About the Role

The SP&D function was established in 2019 to accelerate progress towards MassMutual's aspirations. As the Head of SP&D, you will oversee the development and implementation of the SP&D framework, ensuring clarity of roles and responsibilities. You will also be responsible for ensuring the portfolio of projects is aligned with the corporate strategy and furthering the financial and market goals of the organization.

Key Responsibilities
  • Develop and implement the SP&D framework, ensuring clarity of roles and responsibilities.
  • Oversee the portfolio of projects, ensuring alignment with the corporate strategy and furthering the financial and market goals of the organization.
  • Work across a matrixed organization to bridge ideas, resolve conflicts, and pursue opportunities to increase profitability for the business.
  • Ensure processes are in place and are effective in identifying and managing resource contentions (budget and headcount/SMEs) within and between projects.
  • Identify risk of execution and proactively work with stakeholders to mitigate risk and avoid value slippage.
  • Evolve and ensure adoption of SP&D practices to maintain best-in-class governance controls and financial and data integrity of the overall SP&D effort.
  • Manage review of projects through stage gates, providing analytics and reporting on financial health, project performance, and key risks to value and execution to the Steering Committee and executive leaders.
  • Collaborate with team and stakeholders to ensure overall SP&D goals are met, partnering with corporate finance, business finance, and pricing and actuarial functions to help develop efficient and effective financial management practices.
Requirements
  • Bachelor's Degree
  • 10+ years' experience in financial management, strategic planning, or portfolio management within a matrixed organization
  • Experience with holistic planning and prioritization cycles within a complex portfolio of high-impact, cross-functional projects
  • Strong financial and analytical acumen, experience in benefit realization and tracking, and understanding of drivers of profitability within businesses
  • Proven ability to guide decision-making, including where compromises may be necessary, and tested ability to provide direct feedback
  • Strong written and verbal communication (presentation) skills, with the ability to synthesize and explain complex topics and analyses to stakeholders and coach in a simplified manner
Preferred Qualifications
  • Advanced degree or designation preferred: MBA, MSF, CPA, or FSA, or equivalent
  • Familiarity with project management methodologies and financial governance and control processes

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