Oceanview Life & Annuity
AVP, HR Business Partner
Oceanview Life & Annuity, New York, New York, us, 10261
Overview:
ABOUT US:
Oceanview was founded in 2018 after Bayview Asset Management (BAM) raised $1 billion of capital from institutional investors. An additional $200 Million capital raise was completed from the same investors in 2023. Oceanview is a life and annuity insurance platform that has grown to over $13 billion in consolidated assets as of June 30, 2024. Oceanview Life and Annuity Company (OVLAC) holds insurance licenses in 47 states and the District of Columbia that allow it to write life, annuity, accident and health, and credit product line business. OVLAC has sold over $9 billion of fixed annuities since launching sales in 2020. OVLAC distributes its products through independent marketing organizations and banks and broker dealers, which to date have on-boarded over 16,000 agents to sell Oceanview products.The Oceanview organization also includes Oceanview Reinsurance Ltd., a Bermuda-based Class E reinsurance company, as well as Oceanview Secure Reinsurance Ltd., a Cayman Islands-based Class D reinsurance company. These entities seek to reinsure fixed annuities and other asset intensive products from third-parties. Bayview, Oceanviews sponsor and investment manager, is an investment management firm focused on investments in mortgage and consumer credit. As of March 31, 2024, Bayview managed approximately $18.5 billion in AUM.OVERVIEW:
Oceanview seeks a progressive and strategic Assistant Vice President, Human Resources Business Partner who will play a key role in the Oceanview organization by developing deep relationships with the businesses and by helping drive the organizational and talent transformation.The HRBP must have financial service business orientation, and resilience to step into this fast-paced business and have immediate impact. Reporting to the Chairman & CEO of Oceanview and working closely with other functional peers, the HRBP will bring a combination of best practice training and adaptive thinking to the role. The HRBP will provide both strategic and hands-on leadership to drive engagement, high performance, and long-term development of Oceanviews workforce. The ideal candidate is a trusted advisor who operates with a high level of integrity and can gain the trust of stakeholders at all levels in the organization and possesses a strong background in employee relations and day-to-day HR support.This role involves partnering with managers on employee relations related matters including advising on performance evaluation and monitoring, employee discipline, performance issues, terminations, reasonable accommodations, and other personnel matters. This role will also manage sourcing and attracting top talent and managing the recruitment process and providing comprehensive HR support. By leveraging a broad set of HR knowledge and strategic advisory skills, the HRBP will enable and empower leaders and teams to support business performance and engagement. The HRBP will display a high level of business acumen be agile, connected, collaborative, and accountable for delivery.This position will be based in our New York City office. Oceanview operates in a hybrid model with Tuesday Thursday required days in the office each week, with regular travel to the other office as needed.ESSENTIAL DUTIES AND RESPONSIBILITIES:
Collaborate proactively with business leaders to identify areas to enhance business performance through strategy, structure, process, people, and rewards.Interface with leaders and key executives on the business needs and help execute HR activities leveraging the other functional areas.Partner with leaders, managers, HRBPs, HR COEs, and Legal as needed to address and resolve a broad range of employee issues, including progressive discipline, performance management, involuntary separations, and litigation matters.Conduct complex investigations on a wide range of sensitive issues and prepare written analysis and reports with findings and recommendations for resolutions.Provide regular coaching and education to employees and people managers on policies and guidelines to enable decision-making processes that foster a fair and equitable work environment.Advise and coach the team on building, leading, and engaging their teams, in addition to their own professional development. Interact with other senior business leaders and provide strategic advice on people issues and HR needs.Advocate and bring resources from HR center of excellence (COE) functions to drive the talent and rewards processes and outcomes for the Oceanview organization.Partner with leadership, hiring managers, and external partners to find and attract talent for critical roles.Partner closely with functional leadership to drive the cultural shifts needed to achieve top priorities. Identify and address opportunities for greater efficiency, agility, and standardization that is consistent with the companys ambitions. Manage associated budgets, project implementation, and ROI analysis.Ensure compliance with policies, practices, laws, regulations, and requirements. Assist with resolution of escalated matters on topics such as policy, compensation, discipline, recruiting, etc.Support change management initiatives from a human capital standpoint.SKILLS/KNOWLEDGE/ABILITIES:
Solid understanding of and experience in regulated financial services with a preference for experience in the insurance industry.Demonstrates excellent communication and interpersonal skills, problem-solving and decision-making skills, and ability to handle sensitive situations/documentation.Effectively uses influence and negotiation strategies to secure support from executive leadership and key stakeholders for supportProactively anticipates emerging or potential conflicts, quickly offering proactive solutions and coaching for a resolution.Able to roll up their sleeves in a fast-paced and collaborative environment with changing needs.Demonstrates and fosters a sense of urgency, strong commitment, and accountability while making sound decisions and achieving goals.Deals effectively with entrepreneurial environment, ambiguity, change, and adapts appropriately to a range of situations.Strives for effective written and verbal communication that results in teamwork, shared knowledge, and ideas.Possess unquestionable integrity, ethical, and moral character.EDUCATION and/or EXPERIENCE
Bachelors degree human resources, business, or another relevant field is required. Masters or another advanced degree would be preferred.7+ years progressive HR required5+ of employee relations experience requiredKEY RELATIONSHIPS
This position reports to the Chairman and CEO of OceanviewChief Financial OfficerController and TreasurerVice President, Financial ReportingChief Compliance OfficerChief Risk OfficerEVP of OperationsEVP of MarketingOTHER KEY RELATIONSHIPSSenior Vice President, Chief People Officer & Transformation BAMAssistant Vice President, HR Business Partner BAMBenefits Team BAMPayroll Team BAMHRIS Team BAMExecutive Leadership Team BAMBENEFITS & COMPENSATION
The estimated annual base salary range for this position is $125K - $175K. Actual base salary will be dependent on the individuals education, experience, skills, and qualifications, as well as internal equity.This role is eligible for participation in an annual discretionary bonus program.Benefit plans and programs include paid time off (vacation, holiday, and sick time), group medical, dental, and vision insurance programs, life insurance and disability benefits, 401(k) retirement plan, and other fringe benefits, in accordance with and subject to the eligibility and other provisions of such plans and programs.PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this job, the employee is regularly required to sit and use hands to handle, touch or feel objects, tools, or controls. The employee frequently is required to talk and listen. The noise level in the work environment is usually moderate. The employee is occasionally required to stand, walk; reach with hands and arms. The employee is rarely required to stoop, kneel, crouch, or crawl. The employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.EEOC
Oceanview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.
ABOUT US:
Oceanview was founded in 2018 after Bayview Asset Management (BAM) raised $1 billion of capital from institutional investors. An additional $200 Million capital raise was completed from the same investors in 2023. Oceanview is a life and annuity insurance platform that has grown to over $13 billion in consolidated assets as of June 30, 2024. Oceanview Life and Annuity Company (OVLAC) holds insurance licenses in 47 states and the District of Columbia that allow it to write life, annuity, accident and health, and credit product line business. OVLAC has sold over $9 billion of fixed annuities since launching sales in 2020. OVLAC distributes its products through independent marketing organizations and banks and broker dealers, which to date have on-boarded over 16,000 agents to sell Oceanview products.The Oceanview organization also includes Oceanview Reinsurance Ltd., a Bermuda-based Class E reinsurance company, as well as Oceanview Secure Reinsurance Ltd., a Cayman Islands-based Class D reinsurance company. These entities seek to reinsure fixed annuities and other asset intensive products from third-parties. Bayview, Oceanviews sponsor and investment manager, is an investment management firm focused on investments in mortgage and consumer credit. As of March 31, 2024, Bayview managed approximately $18.5 billion in AUM.OVERVIEW:
Oceanview seeks a progressive and strategic Assistant Vice President, Human Resources Business Partner who will play a key role in the Oceanview organization by developing deep relationships with the businesses and by helping drive the organizational and talent transformation.The HRBP must have financial service business orientation, and resilience to step into this fast-paced business and have immediate impact. Reporting to the Chairman & CEO of Oceanview and working closely with other functional peers, the HRBP will bring a combination of best practice training and adaptive thinking to the role. The HRBP will provide both strategic and hands-on leadership to drive engagement, high performance, and long-term development of Oceanviews workforce. The ideal candidate is a trusted advisor who operates with a high level of integrity and can gain the trust of stakeholders at all levels in the organization and possesses a strong background in employee relations and day-to-day HR support.This role involves partnering with managers on employee relations related matters including advising on performance evaluation and monitoring, employee discipline, performance issues, terminations, reasonable accommodations, and other personnel matters. This role will also manage sourcing and attracting top talent and managing the recruitment process and providing comprehensive HR support. By leveraging a broad set of HR knowledge and strategic advisory skills, the HRBP will enable and empower leaders and teams to support business performance and engagement. The HRBP will display a high level of business acumen be agile, connected, collaborative, and accountable for delivery.This position will be based in our New York City office. Oceanview operates in a hybrid model with Tuesday Thursday required days in the office each week, with regular travel to the other office as needed.ESSENTIAL DUTIES AND RESPONSIBILITIES:
Collaborate proactively with business leaders to identify areas to enhance business performance through strategy, structure, process, people, and rewards.Interface with leaders and key executives on the business needs and help execute HR activities leveraging the other functional areas.Partner with leaders, managers, HRBPs, HR COEs, and Legal as needed to address and resolve a broad range of employee issues, including progressive discipline, performance management, involuntary separations, and litigation matters.Conduct complex investigations on a wide range of sensitive issues and prepare written analysis and reports with findings and recommendations for resolutions.Provide regular coaching and education to employees and people managers on policies and guidelines to enable decision-making processes that foster a fair and equitable work environment.Advise and coach the team on building, leading, and engaging their teams, in addition to their own professional development. Interact with other senior business leaders and provide strategic advice on people issues and HR needs.Advocate and bring resources from HR center of excellence (COE) functions to drive the talent and rewards processes and outcomes for the Oceanview organization.Partner with leadership, hiring managers, and external partners to find and attract talent for critical roles.Partner closely with functional leadership to drive the cultural shifts needed to achieve top priorities. Identify and address opportunities for greater efficiency, agility, and standardization that is consistent with the companys ambitions. Manage associated budgets, project implementation, and ROI analysis.Ensure compliance with policies, practices, laws, regulations, and requirements. Assist with resolution of escalated matters on topics such as policy, compensation, discipline, recruiting, etc.Support change management initiatives from a human capital standpoint.SKILLS/KNOWLEDGE/ABILITIES:
Solid understanding of and experience in regulated financial services with a preference for experience in the insurance industry.Demonstrates excellent communication and interpersonal skills, problem-solving and decision-making skills, and ability to handle sensitive situations/documentation.Effectively uses influence and negotiation strategies to secure support from executive leadership and key stakeholders for supportProactively anticipates emerging or potential conflicts, quickly offering proactive solutions and coaching for a resolution.Able to roll up their sleeves in a fast-paced and collaborative environment with changing needs.Demonstrates and fosters a sense of urgency, strong commitment, and accountability while making sound decisions and achieving goals.Deals effectively with entrepreneurial environment, ambiguity, change, and adapts appropriately to a range of situations.Strives for effective written and verbal communication that results in teamwork, shared knowledge, and ideas.Possess unquestionable integrity, ethical, and moral character.EDUCATION and/or EXPERIENCE
Bachelors degree human resources, business, or another relevant field is required. Masters or another advanced degree would be preferred.7+ years progressive HR required5+ of employee relations experience requiredKEY RELATIONSHIPS
This position reports to the Chairman and CEO of OceanviewChief Financial OfficerController and TreasurerVice President, Financial ReportingChief Compliance OfficerChief Risk OfficerEVP of OperationsEVP of MarketingOTHER KEY RELATIONSHIPSSenior Vice President, Chief People Officer & Transformation BAMAssistant Vice President, HR Business Partner BAMBenefits Team BAMPayroll Team BAMHRIS Team BAMExecutive Leadership Team BAMBENEFITS & COMPENSATION
The estimated annual base salary range for this position is $125K - $175K. Actual base salary will be dependent on the individuals education, experience, skills, and qualifications, as well as internal equity.This role is eligible for participation in an annual discretionary bonus program.Benefit plans and programs include paid time off (vacation, holiday, and sick time), group medical, dental, and vision insurance programs, life insurance and disability benefits, 401(k) retirement plan, and other fringe benefits, in accordance with and subject to the eligibility and other provisions of such plans and programs.PHYSICAL DEMANDS AND WORK ENVIRONMENT
The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.While performing the duties of this job, the employee is regularly required to sit and use hands to handle, touch or feel objects, tools, or controls. The employee frequently is required to talk and listen. The noise level in the work environment is usually moderate. The employee is occasionally required to stand, walk; reach with hands and arms. The employee is rarely required to stoop, kneel, crouch, or crawl. The employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, color vision, and the ability to adjust focus.EEOC
Oceanview is an Equal Employment Opportunity employer. All aspects of consideration for employment and employment with the Company are governed on the basis of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.