As part of the U.S. Financial Planning and Analysis team, performs and leads analysis related to budgets and expense management; ensures compliance with regulatory and operational procedures and guidelines; provides operational advice, guidance and serves as a mentor to the team’s analysts
Principal Duties & Responsibilities
Analyzes data to assist with operational and strategic plans; collects and analyzes data to create and evaluate programs to assist with organizational and sales initiatives; continuously tracks and analyzes spend patterns to identify opportunities to reduce expenses, to identify best practices and to drive implementation of these best practices.
Develops and provides appropriate models, reports and metrics to support informed decision making; identifies and highlights key trends and provides insight based on analysis; prepares updates, progress and variance reports, and other ad hoc reports for management; continuously reviews, recommends and implements improvements that will increase the value of reports for management
Serves as a subject matter expert related to budgets and expenses for business units, analysts and management; monitors developments related to the operations of the business; assists in the assessment and evaluation of emerging issues; works with management to provide and gather relevant information for the budget planning process; works with the Financial Planning and Analysis team to resolve issues
Recommends improvements to processes and procedures to streamline activities, enhance service turnaround time, improve productivity, and improve quality; leads or facilitates team-based improvement projects; identifies, analyzes and recommends viable technological solutions, modifications and applications for Financial Planning and Analysisprocesses.
Performs other duties as assigned
Education & Experience
Bachelor’s Degree and six years of professional job-related work experience Or an equivalent combination of education and experience
Insurance industry experience preferre
Job Knowledge & Skills
Microsoft Excel: Intermediate to advanced
Microsoft Word: Intermediate to advanced
Microsoft PowerPoint: Intermediate to advanced
Microsoft Access: Intermediate to advanced
Strong knowledge of budgeting and expense management
In depth knowledge of budget system in order to assist business units and gather data for review and analysis
Knowledge and demonstrated experience performing financial analyses and quantitative business-based analyses; ability to prepare trend analyses using internal and external information to demonstrate relevant changes and recommend improvements or solutions
Knowledge of accounting procedures and familiarity with IRS regulations
Strong teamwork and interpersonal skills, including the ability to communicate effectively with different areas/levels within the organization.
Knowledge of Generally Accepted Accounting Principles (GAAP) and other federal regulations relative to Sales
Financial issues, state insurance department statutes, and other state regulations
Understanding of quantitative business-based analysis and metrics
Demonstrated project management skills
Ability to work independently under deadline pressure with competing priorities, and must be willing to work outside of normal office hours as required
Action Oriented, Customer Focus, Adaptability, Listening, Ethics and Values, Integrity and Trust
Business and Financial Acumen, Decision Quality, Drive for Results, Presentation Skills, Problem Solving, Process Management, Written Communications.