Craig Repetto, Head of Strategic Planning and Forecasting | MASSMUTUAL
HIGHLY ACCOMPLISHED FINANCIAL EXECUTIVE with expertise in both steering and enhancing the Finance/Accounting departments while providing direct support to Chief Financial Officers, Chief Accounting Officers, Chief Risk & Surveillance Officers, and other C-suite functions; Efficiently solves complex business and valuation problems, delivering transformative solutions, and creating effective business analytics; Innovative top performer who develops and creates high performing teams that deliver timely results
🔹 MODELING & VALUATION: Overseeing actuarial, valuation teams and their activities spanning loss mitigation, financing, and investment strategies, loss reserves, economic capital models, discounted cash flow models, M&A, and various other ad hoc requests related to strategic initiatives.
🔹 OPERATIONAL EFFICIENCY: Leading finance and accounting teams in streamlining the accounting close by optimizing processes through redesign and technology enablement – encompassing the creation of new planning, investment, and mark to market systems / dashboards, ERP design and ERP implementation. Includes reducing redundancies, defining roles, creating timelines and building the corporate structure.
🔹 U.S. GAAP & FINANCIAL REPORTING: Presenting / reporting U.S. GAAP, U.K. GAAP and Statutory results to C-Suite and Board of Directors (BOD). Navigating complex SEC and regulatory reporting requirements, implementation of new accounting pronouncements, and directing the accounting close process – including internal and external audits.
🔹 FINANCIAL PLANNING AND ANALYSIS: Forecasting and analyzing loss reserves on a $10B below investment grade portfolio. Developing KPIs and reporting packages highlighting trends related to financial data and operating performance. Presenting performance versus forecasted results to BOD and C-suite. Developing new management dashboard analytic tools used to review changes in investments, cash flows, reserves etc.; Creating and managing annual operating expense budgets and expense metrics packages; Directing business plan, budget, and forecasting processes for various lines of business, locations, and legal entities – including consolidated annual operating, capital and strategic plans.
