VP, Business Strategy - WLF

As the largest life insurance premium finance company in the country, Wintrust Life Finance provides customized financing solutions to qualified borrowers seeking to finance their life insurance premiums. Our financing solutions have supported numerous planning structures, including traditional wealth transfer, key-man insurance, buy-sell arrangements, split dollar arrangements, term alternatives, charitable giving, income replacement strategies, and more. Wintrust Life Finance is a subsidiary of Wintrust, a financial services company with more than $66 billion in assets.The WLF VP, Business Strategy, is responsible for collaborating with key stakeholders in the analysis, formulation and execution of WLF’s strategic plan. Key aspects of this position focus on completing life premium finance market research, analysis, reporting, strategic initiative development, project & product management, and delivering regularly scheduled reports and presentations in collaboration with department EVP.What You'll DoStrategy & Strategic Planning:Manage WLFs process efficiency and strategy administration teamCollect and analyze premium finance data related to strategic plan and generate insights to initiate strategic development activitiesComplete regularly scheduled market research in support of strategic planCollaborate with departments to evaluate operations to identify growth and development opportunitiesMonitor and evaluate the performance of the company’s strategies, initiatives, and objectives and report findings to executive leadersHelp drive decision making resulting in medium- and long-term process improvementsProactively present business findings, projections and make recommendations to department EVP and other leaders as appropriateSupport EVP in developing and communicating WLFs strategic initiatives, including but not limited to presentations, financial reports, and models in both written and verbal formatsLead effective, efficient meetings with clients, prospects, and WLFs Strategic Initiative Owners to drive strategic plan effortsIn conjunctions with department EVP, act as an internal dot connector, working with project managers to ensure internal resources are collaborative and projects/work streams are on time and in line with expectationsPartner with WLFs Strategic Initiative Owners, Wintrust’s ePMO and Wintrust Oversight teams (ePMO, TPRM, IC, CC, IPA, ASRB and InfoSec) to drive strategic level project approval and implementationProduct Development & WLF Business Line Support:Drive internal understanding of key customer personas and engage with clients/prospects to better understand workflows. Synthesize learnings to internal stakeholders to drive and facilitate loan growthPartner with Sales, Sales Leadership and Client Success teams to define, enhance, track and drive product adoptionThrough the lens of the Strategic Plan build Product Level KPIs to define, monitor and manage successSupport optimization modeling and process planning in collaboration with team level management, outside sales and internal stakeholders. Evaluate premium tiers for client/prospects, calculate quote conversation ratios, average down payments, installments, and price to deliver actionable recommendations in identifying growth opportunitiesFoster a culture of collaboration and process improvement:Look for opportunities, identify gaps and scale efficiencies and new ways of working across multiple projects and environments Influence and facilitate the creation of long-term relationships with other departments and vendors Source data to make compelling and tangible recommendations of a future state for the organization Leverage relationships and organizational values to prioritize outcomes effectively Employ practical methods and action steps to move the organization toward the strategic vision Help Identify obstacles to transformation and challenge conventional thinkingQualifications10-15 years of experience in the Financial IndustryPremium Financial experience preferredExperience owning a strategic initiative from concept to completionBachelor's Degree requiredMBA PreferredOnsite positionCompensationThe estimated salary for this role is $98,000 - $132,000 along with eligibility to earn an annual bonus. Actual pay rate may vary based on several factors, such as a candidate’s qualifications, skills and experienceBenefitsMedical Insurance • Dental • Vision • Life insurance • Accidental death and dismemberment • Short-term and long term Disability Insurance • Parental Leave • Employee Assistance Program (EAP) • Traditional and Roth 401(k) with company match • Flexible Spending Account (FSA) • Employee Stock Purchase Plan at 5% discount • Critical Illness Insurance • Accident Insurance • Transportation and Commuting Benefits • Banking Benefits • Pet Insurance#LI-ONSITE#LI-LR1From our first day in business, Wintrust has been proud to serve a variety of unique communities and people from all walks of life. To build a company that reflects the communities we serve, we believe that fostering a unique and inclusive workplace where everyone feels valued and empowered to succeed will support our ongoing success. Wintrust Financial Corporation, including community banking and financial services subsidiaries, is an Equal Opportunity Employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, age, national origin, disability, veteran status, genetic information, and other legally protected categories.SummaryLocation: Rosemont, ILType: Full time