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I leverage my unique experience as a leader at Fidelity -- the largest Investment and Retirement company, and Alight -- the largest independent provider, in traditional pension, 401k, Pension Risk Transfer, and Advisory Services. I partner with clients to develop roadmaps and business cases for initiatives that:• Increase attraction and retention of retirement assets• Optimize fee revenue and retirement outcomes throughout client’s lifecycle• Deepen relationships with clients and partners to enhance adjacent revenues.I have complementary experience with Benefits Administration and Reinsurance to add depth to insights and analysis I provide.
Bennett Better Retirement
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FounderBennett Better Retirement Aug 2022 - Present
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Program ManagerClearwater Analytics Jan 2023 - Aug 2024Boise, Idaho, Us -
Portfolio ManagerGlobal Atlantic Financial Group Aug 2021 - Aug 2022New York, Ny, UsManage a portfolio of projects for a rapidly growing Life and Annuity company.- Own portfolio for Institutional business / Reinsurance; manage work to: . Establish a second Bermuda-based reinsurance sidecar to attract capital in support of rapidly growing business . Establish a Direct Pension Risk Transfer capability . Enable Flow reinsurance to be ceded to sidecar , Onboard a very large disability reinsurance block- Provide Program Management to Risk organization . Manage implementation of Moody's Portfolio Studio . Provide portfolio tracking and reporting for risk model development- Manage development of Integrate Actuarial Model for a disability insurance block- Manage key process improvements for Asset Holdings Reporting, Economic Ownership, and offshore Asset Performance Reporting -
ConsultantThe Jacobson Group Mar 2020 - Aug 2021Chicago, Il, UsManaged project for client establishing a sponsored Bermuda-based reinsurance sidecar to help significantly grow institutional reinsurance business. New company has grown very rapidly, exceeding aggressive growth targets.Led projects to:- Implement new dividend rates for ~20,000 policyholders- Increase accuracy and speed of delivery of Best Estimate Liabilities for Bermuda regulatory reporting- Onboard a very large reinsurance deal- Track and report on key deliverables for first 100 days of new ownershipWorked with senior leaders in the organization to implement major change initiatives. -
Alight Solutions -- Vp, Chief Of StaffAlight Solutions 2017 - Aug 2019Chicago, Il, UsChief of staff to head of Defined Contribution business. Spearheaded development of first-to-market financial wellbeing and advice solution for Defined Contribution clients, partnering Personal Capital and Alliance Bernstein and delivering innovative advice and wellness solution targeted at clients finding managed account offerings too rigid or expensive. • Led staff operations including planning weekly staff meetings, planning and managing vendor expenses, coordinating annual strategy development, developing strategy for Holistic Wellbeing.• Engaged in several sales pursuits for advisory solution and Defined Contribution recordkeeping.• Drove development and production of weekly blog for all Alight staff covering key topics in the Retirement industry. -
Aon -- Vp, Strategy Program ManagementAon 2012 - 2017London, GbPerformed program management duties for investment guidance solution – Real Future™ development and rollout to 30 Defined Contribution clients. Led development of strategic solution council governance model for retirement services and health services and across outsourcing and consulting organizations.• Collaborated with senior leaders to define council membership, member roles, meeting cadence, and ideation process to develop key strategic growth initiatives from original idea through benefits realization.• Defined key measures for in-flight strategic initiatives and developed regular reporting on status, issues, and corrective action plans. -
North Passage Associates -- Director, It And Process StrategyNorth Passage Associates 2011 - 2012Led development of technology strategy for statewide organizational performance management methodology and system. Directed efforts to design secretary-level performance management dashboard to track efficacy of commonwealth’s efforts to contain health care costs. Defined goals, sub-goals, measures, metrics, and indicators. Selected and implemented cloud-based project management and time tracking system utilized by performance management project team. Coordinated with Accenture on strategy development in line with projects in flight with secretary of administration and finance.• Developed standards and approach used by Massachusetts Health Connector to define strategic goals, sub-goals, measures, metrics, and indicators in development of strategic plan, which rolled into plan for administration and finance.• Created and led delivery of performance management training program delivered to senior levels of executive office of health and human services.
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Vice President, Defined Contribution And Defined Benefit Service OptimizationFidelity Investments 2008 - 2010Boston, Ma, UsDirected service optimization programs for multisite customer service delivery organization that enhanced organizational performance through effective technology and process change. Established company’s first workplace guidance team for customers reaching key milestones in retirement plans. Devised technology architecture needed to support cross-disciplinary customer service function, integrating metrics into larger dashboard-based performance management operation. Strengthened relationships and increased assets by $700,000 in first week of implementation.• Collapsed two call centers into one, saving $1,500,000 per year by eliminating redundant knowledge management applications, reducing facilities and staff cost, and improving answer speed and quality. • Devised and implemented process and automated tools to qualify, solicit, capture, and track sales leads, integrating key metrics into larger performance management infrastructure. o Improved solicitation from 40% to 85%, increasing lead ratio by 28%. o Utilized data warehouse to analyze rep behavior by call type and cross-tabulation with sales organization’s reporting to prioritize process changes. -
Vice President, Human Resources Outsourcing Services ImplementationFidelity Investments 2002 - 2008Boston, Ma, UsDirected large program management and requirements specification functions for implementation and fee-for-service projects for clients of Defined Benefit, Defined Contribution, Health and Welfare, and Human Resources/Payroll outsourcing services. Oversaw 60 project managers and eight program analysts across New York, North Carolina, New Hampshire, and Massachusetts. Chaired dotted-line management of over 100 calculation engine developers, data analysts, communications analysts and developers, configuration specialists, QA engineers, and actuarial test consultants in U.S. and offshore. Integrated all project tracking and staff capacity measures into Oracle Essbase to facilitate analytics. -
Vice President, Defined Benefit SystemsFidelity Investments 2001 - 2002Boston, Ma, UsOversaw team of 15 in development of multilayered data applications. Developed data management strategy still serving as basis for complex data management in administering DB plans. Led development of client-facing, web-based data maintenance architecture, application, and data management reports, eliminating complex event progression errorsfor service-affected employees 67% faster. Directed establishment of object-based data conversion architecture and post-audit data processes, reducing rework and risk in DB data conversion process. -
Vice President, Fact Systems, Fidelity Pricing And Cash Management ServicesFidelity Investments 1998 - 2001Boston, Ma, UsSupervised 15 staff in development of Fund Accounting Control Tool (FACT) accurately calculating net other assets, mill rate, and SEC yield for domestic fixed income and equity mutual funds. Delivered all phases of FACT 2.0 and 2.5 over 38,000 work hours to enhance FACT to support fixed income funds and general ledger posting on schedule and under budget. Oversaw fully integrated fund accounting ledgers with companywide Oracle Financial software. -
Vice President, Odyssey Program ManagementFidelity Investments 1997 - 1998Boston, Ma, UsObtained executive and customer support and funding approval for $20,000,000 investment in Oracle ERP. Partnered with Accenture. Oversaw all software test phases and local project activities for multisite Oracle ERP implementation. Utilized Oracle’s development tools and database. Led strategic sourcing/materials planning re-engineering team, delivering over $3,000,000 per year in benefits. -
Principal Technical Consultant, Vantage 20/20Fidelity Investments 1996 - 1997Boston, Ma, UsOversaw setup and execution of integration test of system designed to replace existing trading systems. Conducted full-scale integration test on schedule. -
Associate PartnerAndersen Consulting 1993 - 1996Dublin 2, IeSpearheaded client relationship and profit/loss responsibility for multimillion-dollar consulting engagements for public sector clients in U.S., Canada, New Zealand, and Australia. Specialized in business process analysis and improvement via technology for large financial and customer maintenance functions. Delivered over $35,000,000 in consulting revenues on time and within budget. Implemented debt management system for public sector client that reduced receivables by NZ $250,000,000 in first month. Led design and implementation for Goods and Services tax administration system. -
ManagerAndersen Consulting 1988 - 1993Dublin 2, IeNamed team lead and chaired budget responsibilities for large consulting projects within multimillion-dollar domestic and international consulting engagements. Led teams of 15 to 30 persons in CASE Tool and application development. -
Staff / Senior ConsultantAndersen Consulting 1984 - 1988Dublin 2, IeServed as team supervisor and individual contributor on multimillion-dollar consulting arrangements. Led design and coding of complex HR, financial, and case management applications.
Larry W. Bennett Skills
Larry W. Bennett Education Details
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University Of Pennsylvania -- The Wharton SchoolFinance And Decision Sciences
Frequently Asked Questions about Larry W. Bennett
What company does Larry W. Bennett work for?
Larry W. Bennett works for Bennett Better Retirement
What is Larry W. Bennett's role at the current company?
Larry W. Bennett's current role is Strategic Business Advisor | Program Manager.
What is Larry W. Bennett's email address?
Larry W. Bennett's email address is la****@****ght.com
What is Larry W. Bennett's direct phone number?
Larry W. Bennett's direct phone number is +4420762*****
What schools did Larry W. Bennett attend?
Larry W. Bennett attended University Of Pennsylvania -- The Wharton School.
What are some of Larry W. Bennett's interests?
Larry W. Bennett has interest in Travel, Improving Cabin In Maine, Cooking, Fishing.
What skills is Larry W. Bennett known for?
Larry W. Bennett has skills like Process Improvement, Vendor Management, Capacity Management, Six Sigma, Financial Services, Business Analysis, Crm, Change Management, Human Resources, It Strategy, Leadership, Management.
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