Associate Director, Financial Planning & Analysis

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals.  All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

Job Summary:

The Financial Planning & Analysis (FP&A) department seeks an experienced and motivated accounting or finance professional to join our team as an Associate Director. This role analyzes and reports on the financial performance of our life and annuity business, supports the planning and forecasting process, and provides ad hoc analysis for strategic initiatives. Additionally, the role will support investor relations activities and participate in due diligence processes related to potential investments, acquisitions, or divestitures. The Associate Director collaborates closely with members of Financial Reporting, Investment Accounting, Actuarial, Tax, Investor Relations, and other teams. Reporting to the Assistant Vice President of FP&A, this position is a collaborative individual contributor role.

Main Accountabilities:

• Analyze the trends of key performance indicators (KPIs), especially relating to financial metrics such as sales, expenses, and profit margin, and key investor metrics.
• Monitor financial statements and KPIs in PowerBI and identify the cause of any unexpected variances for both Statutory and Management bases of accounting.
• Evaluate the financial impact of various business segments and strategic initiatives.
• Prepare reporting and analysis regarding regulatory capital, financial performance relative to competitors, investor expectations, and institutional product offerings.
• Collaborate with cross-functional teams to provide relevant financial information and analysis.
• Prepare and present financial reports and dashboards to senior management and stakeholders.
• Prepare materials for investor presentations, including financial performance updates and strategic initiatives.
• Assist in responding to investor inquiries and due diligence requests, providing accurate and timely information.
• Monitor and analyze competitor performance and industry trends to inform investor messaging.

Qualifications:

• Bachelor’s degree in accounting, finance, or related field.
• CPA or other relevant industry credentials preferred.
• 5+ years of experience with insurance financials, preferably life and annuity experience, with exposure to investor relations or due diligence activities preferred.
• Proficiency in Microsoft Excel, PowerPoint, and other relevant software.
• Experience with PowerBI, SQL, Workiva, or other business intelligence and database tools a plus.
• Knowledge of insurance accounting principles and practices, including Statutory accounting (NAIC), and familiarity with SEC reporting requirements and investor relations best practices.
• Strong written and verbal communication skills required, with the ability to communicate complex financial information to non-financial audiences.
• Strong interpersonal skills to effectively collaborate with cross-functional teams and external stakeholders.
• Strong analytical and problem-solving skills.
• Attention to detail and accuracy.
• Ability to work independently and collaboratively in a fast-paced environment.
• Ability to manage multiple tasks and prioritize effectively.
• Ability to work under pressure and meet deadlines.
• Ability to analyze and interpret Statutory financials and explain variances.
• Ability to prepare and distribute financial result packages to senior management and stakeholders.

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.  Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives.  Employees may also participate in the Company’s 401K plan, with matching contributions by the Company. 

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals.  All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.