Director, Finance & Performance

Job Summary

• Drives achievement of financial objectives through development and execution of strategic initiatives; monitors insurance industry trends; coordinates the annual financial plan for the business; directs monthly management view financial reporting and analysis.
• Directs the development of the assigned line of business unit plan and forecast; directs the coordination of financial reporting and processes for the function.
• Reviews and analyzes business related KPIs as well as the financial impact of potential business decisions.

Essential Job Functions

• Leads all financial activities related to a specific business such as identifying and quantifying potential opportunities, financial modeling, and ongoing reporting and analysis.
• Works with C Suite internal and external leaders to create pro formas, and ensure sustainable profitable growth through high quality partnerships.
• Directs preparation of monthly management view financial reports, analysis and forecasting to support organizational stability, liquidity and growth.
• Coordinates monitoring of insurance industry trends and developments; tracks industry results and monitors strategic and financial results of competitors.
• Benchmarks company results to industry, specific competitor groups and internal benchmarks.
• Researches insurance industry related topics.
• Promotes and defends business interests when interfacing with internal customers, including senior leadership and committees, management company executives and committees, state executives.
• Engages and partners with various stakeholders, including business unit Heads of Finance, senior BU leaders as well as senior leaders in Compliance, Legal, FIS, Risk, and ICFR to evaluate potential risks and course of action.
• Prepares reasonableness audits and sense checks to ensure information is accurate and ready for executives review.
• Establishes monthly and quarterly reporting processes and gain buy in from Farmers business units and Strategic Partnerships leadership team.
• Directs development of strategic vision through financial and strategic plans; evaluates and analyzes progress towards accomplishment of these plans; responsible for long-range forecasting and projections of financial results; coordinates the development of the annual financial plan (P&L) for the business unit; recommends mitigating and enhancing strategies to drive financial performance.
• Drives continuous improvement of work processes through re- engineering efforts and efficient use of technology.

Education Requirements

• Bachelor's degree required in Accounting, Finance, Business, or related area.
• Advanced professional designations such as CPA, CMA,CFA, FLMI, FSA, and CLU, or an advanced college degree (MBA) preferred.

Experience Requirements

• 7-10 years demonstrated experience in insurance accounting, auditing, and/or financial analysis including positions such as business unit or territory financial roles required. 5-7 years prior leadership experience required.

Physical Actions

• Sits or stands for extended periods of time, up to a full work shift.
• Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping.
• Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance.
• Listens to, interprets, and differentiates auditory information (e.g. others speaking) at normal speaking levels with or without correction.
• Visually verifies and reads information.
• Visually locates material, resources and other objects.
• Ability to continuously operate a computer for extended periods of time, up to a full work shift.
• Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift.

Physical Environment

• This position operates in an open office working environment which will include normal and customary distractions, noise, and interruptions.