Financial Analyst, Group Benefits - New York, United States - Guardian Life Insurance Company

Guardian Life Insurance Company

Verified Company

New York, United States

3 weeks ago

Posted by:

Mark Lane

beBee recruiter

Description

The Financial Analyst is responsible for performing cost & benefit analysis to assist with prioritizing the Lean Business Cases (LBC) for all strategic and operational initiatives related to Group Benefits insurance products.

This position will utilize a wide range of financial and business analytics to enhance Group leadership's understanding of the business impact of embarking on or abstaining from a particular initiative.

The Financial Analyst will work across the business with members of various finance, actuarial, product, and data stakeholders to develop a streamlined process for validation and realization of the benefits.

Additionally, this role will support the broader FP&A organization in preparing the financial and strategic plans, incorporating the incremental estimated benefits from projects in the annual operating plan.

The role will drive the expense transformation efforts related to group business enhancements in Oracle. This position will also provide expense management and budget support for the Group Finance & Group Executive budgets.

You Will:

Scrutinize and model the benefits of various Group Benefits portfolio projects and initiatives, as part of the value capture framework.
Build and track project calendar for key decision dates on LBC review process
Incorporate benefit realization from value capture process into the annual operating plan, coordinating with business owners and portfolio enablement staff
Participate in monthly/quarterly management reporting and analysis.
Lead the effort to integrate Oracle Fusion and other systems into the financial processes of expense management and broader FP&A organization
Drive the expansion of unit cost monitoring to all Group Benefits functional areas
Propel the use of AI & automation software in planning, analysis, and reporting.
Rationalize trends and Plan variances that are insightful and strategically useful.
Champion use of data to support and advance understanding of financial results.
Communicate results in a clear and compelling manner to varied audiences.
Actively participate in FP&A systems implementations and initiatives.
Drive automation of planning, analysis, and reporting as part of finance transformation efforts
Develop annual expense budget for Group Finance and Group Executive function, as well as monthly explanation of results, including risks & opportunities for management of these areas.

Qualifications:

You have:

Bachelor's Degree in finance, or relevant business experience
5+ years of financial analysis, planning and modeling experience, demonstrating depth of business expertise and analytical aptitude in a complex environment. Insurance industry experience is a plus.
Ability to "know the audience", create and present compelling summaries to variety of audiences
Strong collaborative skills, proactively seeking to learn from and share with others
Ability to work independently and hold self accountable for meeting deadlines, reliability of work, managing projects, and solving problems.
Expert knowledge of Microsoft Excel and PowerPoint. Experience with Oracle Planning & Budgeting and Smart View are a plus

Location

New York, NY; Bethlehem, PA; or Holmdel, NJ are the preferred locations for this position.
The work arrangement will be hybrid (two days per week in office; three days per week working from home).

Travel

Periodic travel for team meetings may be required.

Salary Range

$99, $162,955.00

Our Promise

At Guardian, you'll have the support and flexibility to achieve your professional and personal goals.

Through skill-building, leadership development and philanthropic opportunities, we provide opportunities to build communities and grow your career, surrounded by diverse colleagues with high ethical standards.

Inspire Well-Being

As part of Guardian's Purpose - to inspire well-being - we are committed to offering contemporary, supportive, flexible, and inclusive benefits and resources to our colleagues.

Health Care- Choice of [high deductible/copay] medical plans* with prescription drugs, including coverage for fertility and transgender inclusive benefits- Dental plan- Vision plan- Health care accounts - flexible spending, health reimbursement, and health savings accounts- Critical illness insurance

Life and Disability Insurance- Company-paid Life and Disability insurance plus voluntary supplemental coverage- Accident insurance

Retirement and Financial- 401(k) retirement plan with a company match, plus an annual age/service-based Company contribution and an annual profit-sharing contribution, if applicable- Complimentary 1:1 financial guidance with a licensed Fidelity representative

Time Off and Remote Work- Flexible work arrangements (part in-person/part remote)- Unlimited paid time off for most roles plus time off for volunteering, jury duty, voting, and bereavement- Personal holidays for colleagues to use in recognition of religious, cultural