Director, Strategic Planning

Selective Insurance GroupBranchville, NJ
81d$149,000 - $205,000

About The Position

Plays a key role in the development, preparation, administration of the Commercial Lines annual budget as well as analysis for preparation and review of monthly operational and all financial performance metrics. Provides the Management team with accurate, timely and relevant business analysis while serving as a liaison with numerous business areas within the Company including Financial Planning, Regional offices, and the SBU's. Leads the development of special projects (i.e., staffing model development, productivity models etc.).

Requirements

  • An understanding of financial and accounting concepts and modeling techniques.
  • Exposure to project management concepts or project management designations.
  • Formal project management skills including experience managing large projects is preferred.
  • Must demonstrate the ability to analyze problems, probe facts, identify and question assumptions and analyze issues from different perspective.
  • Highly motivated self-starter with an ability to effectively manage a range of projects in an environment with changing priorities.
  • Exhibit flexibility working in a fast-paced environment requiring quick response.
  • Must have demonstrated effective analytical, communication, interpersonal, and presentation skills.
  • Must be detail-oriented with a heavy customer service focus.
  • Ability to design, build and manage financial models.
  • Strong PC skills (i.e., excel, macros, lookup formulas, pivot tables, etc.).

Nice To Haves

  • College degree in accounting and/or Finance preferred.
  • PMP or other project management certification or experience a plus.
  • 5 to 10 yrs. of experience in financial planning or reporting.
  • Managerial experience also a plus.
  • CPCU / CIC recommended.

Responsibilities

  • Partner with the CL Field Leadership team to create short & long term strategic deliverables and lead the efforts to capitalize on opportunities for profitable growth; 3-5 yr plan, GEO Expansion, MS / SOW
  • Demonstrating flexibility in our unique field model to maximize capacity & growth opportunities
  • Partner with business and functional leaders to identify and communicate key strategies, initiatives, opportunities, metrics, and goals that effectively drive and improve business performance as well as implement initiatives to address any issues.
  • Establish a partnership with business / functional leaders / Senior Mgmt. and develop a clear understanding of their business needs and issues.
  • Working with them to perform detailed analytical review of business units / segments to identify, evaluate and pursue opportunities to increase revenue & productivity, improve efficiency and reduce costs.
  • Lead the oversight of the day to day financial operation priorities related to expense management discipline, capacity models, optimized mix of production roles to support territory opportunities, compensation analysis, competitive advantage, creating / tracking / reporting, monitoring monthly / qtrly initiatives.
  • Works with regional management to develop and track all sales plan goals and results (profitability, new business and strategic).
  • Participates with HR partners on design and analysis of sales plans.
  • Design and conduct other complex ad hoc analysis in support of key business objectives, as necessary.
  • Partner with Actuarial, Regions & SBU during annual premium plan meetings and quarterly Regional Profitability meetings.

Benefits

  • Comprehensive health care plans
  • Retirement savings plan with company match
  • Discounted Employee Stock Purchase Program
  • Tuition assistance and reimbursement programs
  • Paid time off plans

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Insurance Carriers and Related Activities

Education Level

Bachelor's degree

Number of Employees

1,001-5,000 employees

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