Finance Manager

Finance Manager

Job Locations : US-CT-Stamford US-MD-Frederick

Apply fast, check the full description by scrolling below to find out the full requirements for this role.

ID : 2024-3064

of Openings Remaining : 1

Category : Finance & Tax

Overview

At Legal & General, we are passionate about helping create brighter tomorrows for our customers, partners, colleagues, and the communities in which they live.

A recognized market leader of term life insurance, we're transforming our business through innovation and technology to make it easy and affordable for more American families to secure their financial futures.

We bring the same passion to our institutional retirement business, partnering with companies to mitigate pension risk and ensure the financial future of their annuitants with our financial strength and market leading customer service.

The Finance Manager plays a critical role for the Company's US Cost Control Team. This is a highly visible role requiring the candidate to partner closely with business leads at various levels and drive fiscal responsibility and accountability across the organization.

The role will be responsible for creating and implementing digital solutions including use of new tools and AI solutions to aid in the development of a new expense management operating model for consolidated US businesses (Pension Risk Transfer and Protection / Life Insurance), at the direction of the Director of Cost Control.

This individual will also be responsible for coordinating and monitoring budgets, re-forecasting and analysis of Protection commissions and all operating expenses for various departments.

Finance Manager will develop, interpret and implement financial concepts for financial planning and control. In addition, this individual will perform analysis to determine present and future financial performance.

Responsibilities

Expense Planning and Forecasting :

• Lead creation and implementation of a new infrastructure and operating model for the US Expense Management & Cost Control team and create / implement digital finance solutions for efficiencies.
• Collaborate with Finance Transformation team on development of business requirements, including testing and implementation of new tools and digital solutions to achieve Expense Management / US Cost Control team objectives.
• Drive the creation and utilization of standard tools / processes and supports automation of monthly / quarterly operating / commission expense reporting and planning sessions.
• Collaborate with Technology and Operations business partners to produce and analyze an annual operating expense plan, including monthly forecasts and variance analysis.
• Perform analysis of data trends on budget spend to enable teams / business areas to meet key performance indicators (internal and external focused).
• Communicate cost risks and opportunities for various business areas / cost centers and make recommendations to the finance leadership team.
• Understand and assist in developing financial models to meet planning and forecast results.
• Leverage data analytics to provide insights into spending patterns and identify opportunities for budget optimization.
• Assist in articulating and presenting the message behind the numbers, by communicating sophisticated financial concepts in clear presentations to the senior leadership team.
• Maintain and supervise commission expenses by distribution channel and support forecasting.
• Nurture positive relationships with key partners.

People Management :

• Develop and support one direct report (senior financial analyst).
• Contribute to our inclusive and balanced culture through positive leadership and demonstration of business values.

Other Responsibilities :

• Support ad hoc requests and special tasks / projects as needed.
• Assist in the preparation of monthly management reports, Board decks, Performance metrics monitoring and other report.
• Seek opportunities for operational improvements and efficiencies.

Qualifications

Education :

• BA / BS with major / concentration in a business and / or quantitative discipline, e.g., Finance and Accounting.
• Certified Public Accountant (CPA), Certified Financial Analyst (CFA) or MBA a plus, but not necessary.

Experience / Knowledge :

7+ years in finance, accounting or strategy, preferably within the life insurance industry, including 3+ years in financial planning / budgeting.

Skills :

• Proficient in financial modeling and business partnering, with financial planning / reporting background.
• Excellent leadership skills, including the ability to collaborate with colleagues and advise at all levels of the organization.
• Strong time management and organizational skills, with the ability to lead several tasks accurately with a high level of initiative and integrity.
• Strong analytical and problem-solving skills.
• Direct report and people management experience a must.
• Proficiency in programming (SQL, Python) or AI exposure / experience (digital solutions) a must.
• Change management, process improvement and / or project management experience a must.
• Strong written and oral communication skills.
• Proven track record of working independently and effectively prioritizing to meet tight deadlines.
• Detail-oriented while still being able to see the big picture.
• Advanced proficiency with Excel, PowerPoint, Power BI and databases a must.
• Finance Transformation experience is a plus.

Organizational Structure :

Reports To : Director, Cost Control & Strategic Initiatives

Staff : 1 direct report - senior financial analyst

What's in it for you?

The expected hiring compensation range for this position is $104,300 - $143,450 annually.

Candidates within a commutable distance to Stamford, CT or Frederick, MD will receive preference.

The total compensation package for this position may include other elements, such as a sign-on bonus, long term incentives, and annual bonuses.

This role is eligible to participate in the Legal & General America Annual Incentive Plan. The current target payment for the position is 20% of base salary, modified for corporate and individual performance.

Bonuses are pro-rated based on start date. This role has 20 vacation days and 10 sick days that are accrued on a bi-weekly basis.

Employees also have 9 paid holidays throughout the calendar year.

We have a competitive compensation and benefits package focused on your overall wellbeing. Employee benefits include health, life, and dental insurance;

401K with company match up to 6%; generous time off; and wellbeing initiatives throughout the year (we like doing fun stuff).

We're big on professional development and we'll support and mentor you in your career progression and expect you to help us pay it forward by helping us develop tomorrow's leaders and growth-focused professionals.

We value our teams and our communities and believe in giving back. Enjoy time off to volunteer for those causes that matter most to you!

If hired, employee will be in an "at-will position" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department / team performance, and market factors.

The Company reserves the right to change benefits plans at any time.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status.

We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment.

Please contact us to request accommodation.

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