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Securian Financial · 2 days ago

Senior Financial Analyst

St Paul, MN

Full-time

Hybrid

Mid, Senior Level

$70K/yr - $129K/yr

5+ years exp

Securian Financial is a company focused on financial services, and they are seeking a Senior Financial Analyst to serve as a Business Partner in the Administrative Office Finance group. This role involves supporting expense management, engaging with Operations leaders in budgeting and forecasting, and driving collaboration to manage expenses effectively.

Financial ServicesInsuranceLife Insurance

Responsibilities

Expense budget planning

Serve as the lead finance contact for Operations during the annual budget process, understanding Operations initiatives and staffing needs to develop the HR budget for approval

Partner with Operations leaders to ensure staffing alignment across teams, capturing position movements and timing so that allocations are accurately reflected in budget versions

Oversee the incorporation of staffing changes, including new roles and transfers, into financial plans to ensure resources are aligned with operational priorities and approved budget

Support Operations leaders in determining strategies to close any gaps with proposed budget expense guidance

Partner with Operations leaders to review allocation methods, to ensure operational expenses are charged to the appropriate profit center

Review allocated budget results with Solution Groups, seek & compile feedback to relay to Operations leadership, serving as a liaison between Solutions Groups and Operations leadership

Responsible for understanding and reviewing direct and allocated results with Operations leaders and Solution Groups including forecast through end of year. This will involve creating, publishing, and presenting quarter-end operating expense results and forecasts for the Operations division

Monitor staffing-related expenses throughout the year, collaborating with HR and Operations to reconcile variances and maintain budget discipline

Development and management of quarterly unit cost reporting (e.g., cost per claim)

Support quarterly close process, including ownership of accruals and review of allocated results to ensure accurate and complete results

Support activities and initiatives to build financial acumen across Securian, embrace business case practices (CBAs) including financial modeling as part of decision making. Support tracking and realization of business case benefits

Support Operations leaders ensuring projects are managed to established budgets

Support other team members’ learning and development through work guidance, coaching, and mentorship

Qualification

Financial data analysisExpense managementBudget planningSAPFinance business partnerAnalytical skillsProblem-solving skillsInterpersonal skillsCommunication skillsOrganizational skills

Required

BS in finance-related field (accounting, finance, actuarial, etc.)

5+ years of experience in finance and/or within a finance business role

Solid analytical and creative problem-solving skills and high attention to detail

Demonstrated financial data analysis and problem-solving skills to effectively research, analyze, and respond to expense questions

Self-starter with strong organizational and time-management skills, an ability to work with minimal direction, flexibility to adapt to shifting priorities and schedules, handle multiple issues simultaneously, and to manage stressful situations

Strong interpersonal and communication skills to articulate financials with differing audiences