Director, Financial Analysis

Kuvare Holdings•Cedar Rapids, IA

6d•Onsite

About The Position

The Director of Financial Analysis drives high quality analysis, reporting and story-telling for consumption by senior management and other parties. The Director will research key findings in the financial statements for one or more of Kuvare’s business segments through drilldowns into financial data, discussions with key stakeholders throughout the organization including Financial Reporting, Actuarial, Investment Accounting, Reinsurance and Treasury, and the assembly of dynamic schedules and exhibits to tell the story. The focus will be on analysis and documentation of key performance indicators, and explanations for deviations from expectations such as the Annual Plan to aid in management decision-making, as well as comparisons to industry benchmarks and competitors where appropriate. This may include performing and documenting new audit queries, enhancing standard reporting, and performing other ad-hoc assignments to define proper analysis, trouble-shooting problem-areas and establishing adequate controls over reporting. The Director will also play a key role in coordinating the development of the Annual Financial Plans for one or more business segments on both a GAAP and STAT basis. The Director will guide junior staff using their industry and analytical expertise. This position reports to the FP&A AVP but has a dotted line to leadership of the business segment(s) (s)he reports on.

Requirements

Bachelor’s degree or equivalent experience in Accounting/Finance related discipline
10+ years of progressive accounting, financial reporting and FP&A experience, with at least 3–5 years in a leadership role.
Strong background in the life insurance or financial services industry. Knowledge of and/or experience interfacing with actuarial partners using modeling and valuation concepts is desired.
Proven experience with GAAP, statutory accounting, and regulatory reporting.
Strong organizational skills with elevated level of attention to detail
Demonstrated persistency and ability to deliver results under pressure
Excellent interpersonal, written & verbal communication and proofreading skills
Must be a flexible self-starter who can prioritize tasks, follow through and meet deadlines
Ability to work independently with minimal supervision
Ability to type / perform data entry
Ability to read from a computer screen and paper reports
Express ideas and otherwise communicate with the spoken word

Nice To Haves

CPA and Master’s degree both strongly preferred
Strong knowledge of Microsoft Office Suite and exposure to other business-related systems is preferable, including but not limited to Oracle General Ledger, VENA, Workiva. Exposure to and use of Artificial Intelligence (AI) applications is a plus.

Responsibilities

Develop and maintain key analysis to be distributed to management quarterly (statutory and GAAP reporting) in the form of a Management Reporting Package. The reporting must be written at a level that can be consumed by senior management, outside investors and other key stakeholders to the Company. This requires collaboration with other departments within the organization to provide a total picture of the performance of the underlying business. Create standard templates for collection of information and support to establish an efficient process with consistent results.
Identify and leverage external information, such as industry publications, competitive intelligence and other benchmarks to enhance the telling of Kuvare’s operating results story.
Coordinate with Actuarial, Investment Accounting, Reinsurance, and the broader Finance team to assemble an Annual Financial Plan for one or more segments of the Kuvare group of companies. Provide meaningful comparative analysis of the Plan results vis-à-vis current year forecasted results.
Assist in the development of executive summaries and business reports to be presented to the board, rating agencies and other internal/external parties.
Lead or participate in periodic special projects and deep dives to explain unexpected results or significant shifts in the business or external environment. These projects may be requested by Finance leadership or other leadership of the business segment(s).
Establish strong rapport with Financial Reporting teams to help drive continuous improvement in accounting and financial reporting practices by identifying areas for improvement, consistency and granularity of financial information to support analysis.