Nicholas Powers Email & Phone Number

Little Silver, Nj, Us

New York, Ny, Us

Provide advanced analyses and timeline management to specific areas of capital and liquidity in support of recovery, resolution, and contingency planningDevelop and execute key project plans for assigned resolution forecasting enhancements Analyze and review supplemental material entity financials for the targeted plan submissionsConduct planning and coordination between key stakeholders and SMEsSynthesize relevant financial statements to determine associated stress triggers, stress testing, and associated business process modelingKey stakeholder to regulatory deliverables for the Single Resolution BoardReview inputs and assumptions needed for resolution forecasting models utilized to estimate capital and liquidity needs in resolutionFinance Mentorship Program Participant

Newark, New Jersey, Us

Headed quarterly $600mm+ sales forecast for the domestic individual life insurance business.Created $20mm and $500mm+ in additional revenue and AUM opportunity as part of enhanced termination services project team.Managed Prudential Life Distributors within Edward Jones relationship to 25% and 35% increases in sales and distribution profit.Built and implemented key account and firm index to assure expense spends were less than 2% of sales for distribution channels.Maintained distribution cost analysis to determine if distribution organization was within product pricing allowances.Assisted in the development of Interns and managed Financial Leadership Development Program associate.Member of Life Finance Advisory Committee; co-led recognition team and program.

Newark, New Jersey, Us

Monitored and compiled weekly sales updates during the integration of The Hartford life insurance business.Decreased service delivery FTE headcount and staffing expenses by six percent and three percent, respectively.Responsible for monthly reporting by distribution channel, legal entity, and detailed product views.Generated CFIO third party variable expense forecast necessary to track cash flows of the individual life business.Consolidated quarterly management reporting decks that aided in the increase of individual life sales by ~30% from 2014 to 2015.Completed LIMRA, Moody’s, and other external partner industry surveys on a quarterly basis.

Harrisburg, Pennsylvania, Us

Compiled life insurance financial illustrations based on discussions with the producer and knowledge of the insurance environment.Assisted all agents in achieving a minimum of at least 85% of their sales targets during my tenure.Maintained detailed product and financial knowledge on all insurance carriers as well as competitive environment.Traced and analyzed transactions relating to insurance; prepared data in an extremely fast paced setting, were time sensitive and demanded accuracy.Proactively followed up on life insurance illustrations, applications, and contract agreements.

New York, New York, Us

Worked jointly with Penn Mutual life insurance and Hornor, Townsend, and Kent, Inc. to provide financial planning advice for a wide range of clients; developed strong knowledge of life insurance, securities, and retirement products in addition to buy-sell agreements.Conducted market research on means of achieving market share in new markets, i.e. the design professional services market.Attained Series 7, Series 63 and Health & Life licenses.

New York, Ny, Us

Assisted a certified financial planner who acted as Vice President of high net worth client group.Supported recruitment of a dozen new accounts, clients and aided in the management of current and prospective relationships.Developed multi-faceted marketing materials and strategies and assisted in forecasting for individual client accounts.

Bachelor'S Degree, Business Administration And Management, Finance Concentration

Master Of Business Administration (Mba), Real Estate And Strategy