VP, Strategy & Business Development

Sun Life U.S. is one of the largest providers of employee and government benefits, helping approximately 50 million Americans access the care and coverage they need. Through employers, industry partners and government programs, Sun Life U.S. offers a portfolio of benefits and services, including dental, vision, disability, absence management, life, supplemental health, medical stop-loss insurance, and healthcare navigation. We have more than 6,400 employees and associates in our partner dental practices and operate nationwide.

Visit our website to discover how Sun Life is making life brighter for our customers, partners and communities.

Job Title: VP, Strategy & Business Development, Sun Life U.S.

Reports to: President, Sun Life U.S.

Business Group: Sun Life U.S.

Role Summary:

The Strategy & Business Development team at Sun Life U.S. collaborates with senior members of the U.S. business to identify and develop strategies that address key opportunities and challenges and provides strategic advice and counsel to the President of Sun Life U.S. and other business leaders. The team is also responsible for managing the annual Strategic Planning process, ensuring coordination across all U.S. business units and functional groups.

The Vice-President, Strategy & Business Development also works with the President of Sun Life U.S. and the U.S. P&L leaders in identifying and evaluating merger and acquisition opportunities, developing the strategic rationale, operating model and business cases for potential acquisitions.

This role supports the President of Sun Life U.S. in organizing and managing discussions with key leadership groups including the U.S. ET, the U.S. Leadership Council and the U.S. P&L Leaders, in preparing and submitting materials to the Board of Directors and in communicating quarterly and annual results to the GLT, the Board and to shareholders.

This role requires strong leadership, exceptional analytical skills, and the ability to influence and drive strategic initiatives across the organization.

Key Responsibilities:

• Collaborate with the Business Units to develop and communicate strategies in partnership with our Corporate Strategy office for the U.S. organization.

• Anticipate changes in market dynamics, competitors and technology, to create insights and industry-leading strategies for our businesses.

• Lead the U.S. Business to identify and evaluate opportunities for mergers, acquisitions, and other transactions. Develop business cases, strategic rationale and operating models, and manage due diligence process in partnership with the Corporate Development team.

• Facilitate and support cross-business strategic initiatives collaboration.

• Identify, evaluate and recommend strategic cross-business unit opportunities that align with Sun Life U.S.'s overall objectives and maximize value creation across the business.

• Support large-scale business transformation initiatives and strategic pivots.

• Collaborate with the U.S. CFO and broader Finance organization to integrate strategic planning initiatives.

• Manage competitive data and analysis and support corporate and board level reporting, as needed.

• Foster a high-performance culture with an emphasis on employee development, innovation, and diversity within the organization. Manage the day-to-day activities of the strategy team, providing guidance, direction, support, and prioritizing work and resources.

• Prepare the President and U.S. Executive Team members for quarterly results reviews and investor meetings. Lead the development of Investor Day materials for the U.S. business.

• Support the President in organizing and conducting management meetings, including recommendations for content and logistics for U.S. Executive Team meetings, P&L Leaders meetings and Leadership Council meetings.

Qualifications/Competencies and Experience:

• Minimum of 7-10 years' relevant business experience, ideally within healthcare, insurance or financial services; experience in/or knowledge of Sun Life's business would be an asset.

• 3-5+ years of experience in Strategy consulting (either external firms or internal strategy groups) would be an asset.

• Minimum of 3 years' experience leading teams of high-performing employees.

• University degree in business or related discipline; MBA or other relevant post-graduate degree would be an asset.

• Confident presence with senior management and interpersonal skills, agility in crafting written presentations, and ability to challenge the status quo constructively and effectively.

• Comfortable operating beyond areas of direct expertise while maintaining credibility and influence.

• Skilled in managing stakeholder alignment across multiple business units

• Strong, results-oriented process and project management skills, including the ability to manage standing and ad-hoc teams and to keep multiple projects and/or processes with varying timelines moving ahead. Well organized with a high focus on efficiency and effectiveness.

• Ability to work independently and through ambiguity on projects with appropriate judgment, to determine when more senior involvement is required.

• Creates an environment that advances diversity and inclusion.

• Strength in building and fostering relationships and influencing across the organization.

• Strong analytical and problem-solving skills, including the ability to conduct analysis, analyze and critique models and analytics, and interpret results. Experience in conducting in-depth secondary research, including collection and synthesis; some experience with primary research would be an asset.

• Solid understanding of the capital markets and trends in acquisition and divestiture activity.

• Solid understanding of the strategic direction of Sun Life Financial as a whole, as well as the individual business units, to assess opportunities in proper context.

• Familiarity with agile delivery concepts.

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We are committed to fostering an inclusive environment where all employees feel they belong, are supported and empowered to thrive. We are dedicated to building teams with varied experiences, backgrounds, perspectives and ideas that benefit our colleagues, clients, and the communities where we operate. We encourage applications from qualified individuals from all backgrounds.

Life is brighter when you work at Sun Life

At Sun Life, we prioritize your well-being with comprehensive benefits, including generous vacation and sick time, market-leading paid family, parental and adoption leave, medical coverage, company paid life and AD&D insurance, disability programs and a partially paid sabbatical program. Plan for your future with our 401(k) employer match, stock purchase options and an employer-funded retirement account. Enjoy a flexible, inclusive and collaborative work environment that supports career growth. We're proud to be recognized in our communities as a top employer. Proudly Great Place to Work Certified in Canada and the U.S., we've also been recognized as a "Top 10" employer by the Boston Globe's "Top Places to Work" for two years in a row. Visit our website to learn more about our benefits and recognition within our communities.

We will make reasonable accommodations to the known physical or mental limitations 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 thebrightside@sunlife.comto request an accommodation.

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We do not require or administer lie detector tests as a condition of employment or continued employment.

Sun Life will consider for employment all qualified applicants, including those with criminal histories, in a manner consistent with the requirements of applicable state and local laws, including applicable fair chance ordinances.

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.