PRI Technology ยท 5 months ago
Senior Director, Insurance Performance Management & Business Decision Support
Jersey City, NJ
Full-time
Onsite
Director/Executive
7+ years expPRI Technology is seeking a Senior Director for Insurance Performance Management & Business Decision Support. The role involves leading financial planning and analysis for the Insurance Finance team, managing a team to provide timely reporting and insights to support strategic decision-making for the executive team.
Information Technology & Services
Responsibilities
Establish the mandate for a leading Performance Management & Business Decision Support function , working closely with peers across the organization to leverage best practices/lessons learned
Manage the hub of financial performance information for the Insurance business. Responsible for the development of insightful analysis and actionable information working with business leaders, including the CEO, COO, Chief Digital & Data Officer and CFO of Insurance, and other senior regional staff
Provide insightful and actionable financial and business analytics of Insurance results; developing complex presentations to support executive decision-making
Provide business executives and senior management with analysis and recommendations on the usage of financial resources, through identification of issues and ongoing monitoring of results (including leadership over sales and expense analysis) as well as provide analysis of strategic initiatives (PARs/business cases)
Coordinate ongoing forecasts, annual plan, 5 year outlook and line of business reviews with a comprehensive understanding of forward looking trends, including managing the stress-testing exercise for Insurance (in partnership with the Reporting & Controls team)
Oversee benchmarking and peer comparisons; present findings and recommendations to senior management
Provide financial advisory services supporting various programs across Insurance
People and team management - fostering an engaged and innovative environment where staff are tapping into financial and non-financial data across the enterprise to drive value-add financial analysis, while keeping current with market trends, the competitive environment, and identification of business opportunities
Manage changes to current regulatory and accounting standards (i.e. OSFI, IFRS) to ensure they are properly reflected within all forecasting, planning and strategic initiatives presented to senior management in order to identify impacts to the business
Key Finance contact for the Insurance platform ensuring regular reporting, analysis and performance management requirements are meeting the needs of the Chief Financial Officer, Wealth & Insurance, the Insurance Operating Committee and Head Office through timely, actionable and insightful reporting. This requires the incumbent to drive to conclusion and present results as appropriate
Qualification
Required
Experience in Insurance, preferably life insurance, group benefits and/or both
7+ years' experience in management reporting and analysis, and/or FP&A (including development of key metrics/business drivers)
Very strong Microsoft Excel and PowerPoint Presentation skills required, with data mining skill and ability to explore new technologies to enhance the delivery of financial information
Strong team and people management abilities, and ability to play a leadership role across a wide group of peers
Keen sense of numbers and strong analytical skills with ability to multitask and handle high-pressure executive level requests on a continuous basis
Excellent leadership and interpersonal skills with a strong ability to influence stakeholders mobilize groups to deliver on common goals
Excellent organizational, analytical and problem solving skills
Able to consistently exercise independent thought and judgment and adapts to new tasks quickly
Preferred
CPA or CFA or Finance MBA
Understanding of actuarial concepts, accounting and/or valuation would be an asset
Exposure to any of the following would be preferred: Insurance FP&A, actuarial or reporting functions
Experience in financial modelling including understanding of statistics, risk or other quantitative metrics
Prior implementation of reporting/forecasting tools
Company
PRI Technology
IT Staffing Solutions - Experience the Difference Working With Professionals That Understand Your Information Technology Needs and the Importance of Managing Your Costs! PRI Technology, a division of Perennial Resources International, is a full service Information Technology staff augmentation and executive search firm comprised of high performing industry professionals focused on your success.
51-200 employees
Funding
Current Stage
Growth StageLeadership Team
Joseph Kelly
Chief Financial Officer
Company data provided by crunchbase