Purpose:We are seeking a strategic and detail-oriented Director, Financial Planning & Analysis, to lead statutory income statement projections, legal entity forecasting, capital plan support, and tax forecasting coordination. This role will oversee a Senior Financial Analyst and will work closely with Capital, Tax, Accounting, Actuarial, Treasury, and other Finance partners to ensure financial projections are accurate, consistent, and reasonable.
The ideal candidate will have an actuarial, accounting, finance, or quantitative background, with experience in insurance, annuities, asset-intensive insurance, statutory reporting, legal entity forecasting, and asset-liability management. This individual should thrive in a fast-paced environment and bring experience from FP&A, consulting, professional services, deal teams, accounting, actuarial, or related analytical roles.
Accountabilities:- Lead statutory income statement projections for assigned legal entities.
- Oversee legal entity projections supporting statutory forecasting, capital planning, and tax forecasting.
- Ensure forecast assumptions are reasonable, consistent, and aligned with actual results and business trends.
- Analyze run rates, emergence patterns, forecast launches, and actual-to-forecast relationships.
- Partner closely with the Capital team to support legal entity capital plan projections.
- Work with the Tax team to provide forecast inputs and analysis for tax planning and forecasting.
- Ensure financial projections are appropriately aligned across statutory, capital, and tax views.
- Identify and communicate key drivers, risks, and changes in legal entity projections.
- Work closely with Accounting teams to reconcile actual results as they launch off the forecast.
- Review actual-to-forecast variances and assess whether run rates, patterns, and assumptions remain reasonable.
- Ensure consistency between actual results, forecast assumptions, and forward-looking projections.
- Maintain strong controls, documentation, and governance around forecast processes.
- Manage and develop a Senior Financial Analyst.
- Provide guidance on statutory forecasting, legal entity analysis, actuals reconciliation, and reporting.
- Foster a culture of accuracy, accountability, analytical rigor, and continuous improvement.
- Partner with Capital, Tax, Accounting, Actuarial, Treasury, Risk, and FP&A leadership.
- Coordinate forecast inputs and ensure alignment across teams.
- Translate complex legal entity and statutory financial information into clear insights for leadership.
- Prepare and review management reporting, forecast packages, variance analysis, and legal entity financial summaries.
- Present key findings, risks, and forecast changes to FP&A leadership and cross-functional stakeholders.
- Support ad hoc analysis related to statutory income, capital planning, tax forecasting, and legal entity performance.
Qualifications and Experience:- Bachelor's degree in Finance, Accounting, Actuarial Science, Mathematics, Economics, Statistics, or a related field.
- CPA, ASA, FSA, CFA, MBA, or advanced degree preferred.
- Minimum of 8-10 years of experience in FP&A, accounting, actuarial analysis, statutory reporting, legal entity forecasting, capital planning, tax forecasting support, consulting, professional services, deal teams, or related roles.
- Prior management experience preferred.
- Experience in insurance, annuities, asset-intensive insurance, statutory financial reporting, legal entity projections, and asset-liability management strongly preferred.
- Strong understanding of statutory income statements, legal entity financials, capital planning, and actual-to-forecast analysis.
- Strong analytical and quantitative skills, with the ability to assess reasonability of run rates, patterns, and forecast assumptions.
- Excellent communication and presentation skills.
- Ability to partner effectively with Capital, Tax, Accounting, Actuarial, Treasury, and FP&A teams.
- Strong attention to detail, controls, and documentation.
- Ability to operate effectively in a fast-paced environment with multiple stakeholders and deadlines.
