Sr.Financial Analyst- Allstate Benefits

Allstate Insurance Company.
Jacksonville, Florida
Not Specified
Aug 05, 2018
Sep 23, 2018

Where good people build rewarding careers.

Think that working in the insurance field cant be exciting, rewarding and challenging? Think again. Youll help us reinvent protection and retirement to improve customers lives. Well help you make an impact with our training and mentoring offerings. Here, youll have the opportunity to expand and apply your skills in ways you never thought possible. And youll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.

Job Description

Job Family Summary

The function of this job family is to develop and maintain the companys Strategic and Operating Plans, analyze and control expenses both generated internally and through intercompany channels, and provide expense support and analysis for leaders throughout the company. Also, the department must help support profitable expense growth and/or reduction commensurate with the companys rate of growth and overall scale. In addition to this, report and analyze the companys financial results on a monthly, quarterly, and annual basis. This department reports both on a statutory and U.S. GAAP basis, in additional to monthly and quarterly reporting to the SEC.

Job Summary

The role of the Senior Analyst is to perform the duties that ensure the department is on track with Strategic/Operating Plans, expense analysis, servicing company leaders in an expense capacity, and aid in developing analyses that will properly support expense decisions overall. This role reports directly to the Associate Manager of Financial Reporting & Analysis and works closely with that person to understand, support, and functionally execute the companys overall financial strategy. This role is responsible for performing day-to-day general ledger accounting, financial reporting and analysis for assigned functional areas, revenue and expense forecasting, in additional to researching and resolving Business Unit(s) inquiries for assigned functional areas.

Key Responsibilities

  • Develop the details of the Strategic and Operating Plans including daily interaction with senior leaders to gather, analyze, and provide feedback. Forecasting anticipated revenue, and expenses for the company.
  • Work across departments to gather input and understanding of their budgetary needs. This includes analytical interpretation and input/suggestions regarding possible changes needed. Responsibilities include detailed expense forecasting and working with department leaders to help them develop and understand their budgets.
  • Responsible for performing the day- to-day general ledger accounting, financial reporting and analysis for assigned functional areas.
  • Research and resolve Business Unit(s) inquiries for assigned functional area
  • Analytical expense projects these include staffing models, profit analysis of departments, identifying opportunities of expense savings or efficiencies.
  • Monthly expense analysis including explanations of variances to plan, larger or smaller than expected results, opportunities to gain efficiencies each month.
  • Month-end duties such as deferred vs non-deferred expense analysis, providing deferred expense data to the actuary department, maintaining ZDAC and expense allocation tables.
  • Responsible for performing the day- to-day general ledger accounting, financial reporting and analysis for assigned functional areas.
  • Research and resolve Business Unit(s) inquiries for assigned functional area
  • Preparation and submission of the Securities Exchange Commission (SEC), Rating Agency, and Investor Supplements on a monthly and quarterly basis.

Job Qualifications

  • MBA preferred
  • 3-5 years experience
  • Very strong communication skills both verbal and written
  • Strong presentation skills
  • Ability to develop relationships

The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

Good Work. Good Life. Good Hands.

As a Fortune 100 company and industry leader, we provide a competitive salary but thats just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, youll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.

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Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

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It is the policy of Allstate to employ the best qualified individuals available for all jobs without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity/gender expression, disability, and citizenship status as a veteran with a disability or veteran of the Vietnam Era.

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