AVP FP&A Business Partner - Claims

Munich Re • Hartford, CT

7d

About The Position

Serve as a financial advisor and strategic consultant to our Claims business division, supporting the VP FP&A Business Partner. Perform financial modeling and scenario analysis to provide insights to the Claims leadership team and the VP FP&A Business Partner and to support strategic and operational decision making. Perform financial modeling, scenario analysis, and cost-benefit analysis to evaluate business initiatives, operating model changes, staffing and resource needs, and other Claims decisions. Coordinate with Finance and Claims partners to understand operational drivers and their impact on financial performance. Will also have significant financial reporting and analysis responsibilities and interaction with Claims leaders, Finance leadership, and reporting teams at HSB and Munich Re, primarily in support of the VP FP&A Business Partner. This includes driving the annual planning and quarterly forecasting process with the various business leaders and the VP FP&A Business Partner and Claims stakeholders, as well as providing analysis related to workforce modeling, expenses, operating metrics, and key performance indicators.

Requirements

• Bachelor’s degree in Business, Finance, Accounting or related field is required.
• 15+ years of overall professional experience required with strong financial analysis skills supporting a business unit.
• Experience with financial planning and forecasting, expense analysis, financial modeling, and business performance analysis.
• Demonstrated experience partnering with senior financial and business leaders and providing analysis that supports business decisions.
• Experience presenting complex financial and operational information to senior management in a clear and straightforward manner.
• Proficiency with Microsoft PowerPoint, Excel, including data modeling, Power BI and Word essential.
• Strong analytical skills and ability to construct business cases.
• Ability to translate complex financial results into a clear business story for the VP FP&A Business Partner and other stakeholders.
• Ability to work independently on complex analyses while operating within the broader direction and priorities established by the VP FP&A Business Partner.

Nice To Haves

• MBA with concentration in Finance, CPA or CFA preferred.
• 5+ years of broad Claims finance experience in support of operations preferred.
• Experience developing workforce, volume, expense, or other driver-based financial models preferred.
• Strong business and financial acumen, sound technical skills, and an understanding of insurance concepts desired.
• Knowledge of general industry and insurance concepts and ability to pick up new concepts quickly desired.
• Familiarity with actuarial methodologies, Claims concepts, and insurance financial concepts a plus.
• Effective problem solver, who anticipates issues, and seeks out and analyzes information collaboratively to propose solutions a plus.
• Proven ability to partner with business leaders, performing data and information analysis leading to business recommendations and decisions.

Responsibilities

• Serve as a financial advisor and strategic consultant to the Claims business division.
• Perform financial modeling and scenario analysis to provide insights to the Claims leadership team and VP FP&A Business Partner.
• Support strategic and operational decision making through financial analysis.
• Evaluate business initiatives, operating model changes, staffing and resource needs, and other Claims decisions using financial modeling, scenario analysis, and cost-benefit analysis.
• Coordinate with Finance and Claims partners to understand operational drivers and their financial impact.
• Have significant financial reporting and analysis responsibilities.
• Interact with Claims leaders, Finance leadership, and reporting teams.
• Drive the annual planning and quarterly forecasting process with business leaders and stakeholders.
• Provide analysis related to workforce modeling, expenses, operating metrics, and key performance indicators.

Benefits

• We are an equal opportunity employer.
• Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior