Legal & General America

Compensation

Full Description

Overview At Legal & General America, we aim to make a positive difference in the lives of our customers, partners, colleagues, and the communities in which they live. As a recognized market leader of term life insurance, we’re working to transform our business through innovation and technology to provide products and solutions that help American families secure their financial futures. We are a future-focused company, passionate about what we do and how we do it. This means working with pace and energy to reach our goals, and challenging ourselves to achieve more. We strive to create a unique environment where balance between work and life is possible. Our employees' passion, dedication and hard work, as well as our career development opportunities, benefits, and employee activities contribute to our positive workplace culture. The Senior Financial Analyst plays a critical role in the Company’s US Cost Control Team. This position is responsible for coordinating and monitoring budgets, re-forecasting, and analysis of operating expenses. This individual will develop, interpret and implement financial concepts for financial planning and control. In addition, they will be expected to perform analysis to determine present and future financial performance At Legal & General we offer an inclusive and balanced work culture with exciting business growth ambitions in a transformative and energizing environment! Come join our team! The Senior Financial Analyst will work on a hybrid basis in our Stamford, CT or Frederick, MD office. Full-time remote option will be considered based on experience and proven ability to work from home successfully. Responsibilities Essential Responsibilities Expense Planning and Forecasting: Collaborate with various business partners to produce and analyze an annual operating expense plan including monthly forecasts and updates. Prepare and analyze variance analysis and explanations between plan, actuals and reforecasts. Ensure sound operational decisions are made by providing financial analysis that considers these items and the implications to P&L statements. Perform analysis of data trends on budget spend to enable teams/business areas to meet key performance indicators (internal and external focused). Communicate cost risks and opportunities for various business areas/cost centers and make recommendations to the finance leadership team Support preparation of plan presentations. Understand financial models to forecast results. Expense Management: Prepare expense and intercompany reconciliations. Compile a comprehensive analysis package for monthly review. Prepare monthly Group/divisional reporting templates. Actively identify outstanding expenses and ensure accrual completeness. Assist team with procurement process & inquiries on travel expenses/invoice processing. Analyze expense data and act as a subject matter authority to provide additional insights. Support cost center allocations process for IFRS 17 and local STAT reporting. Maintain and update organization wide expense study results. Other Responsibilities: Support ad hoc requests. Assist in the preparation of monthly management information, including management reports, Board decks, Performance metrics monitoring and other reporting. Assist in the headcount monitoring process including tracking of headcount additions/subtractions and associated impacts to planned totals. Seek opportunities for operational improvements and efficiencies. Perform other assignments/special projects as needed. Travel to Maryland office expected if full time remote (approximately <10% time). Travel to Stamford office expected if full time remote (approximately <10% time). Qualifications Experience/Knowledge 4+ years in a finance, accounting, actuarial, or strategy role, preferably within the life insurance industry, including 2+ years in financial planning/budgeting. Skills Strong financial acumen, with financial planning/reporting background. Excellent interpersonal skills, including the ability to collaborate with colleagues at all levels of the organization. Strong time management and organizational skills, with the ability to lead several tasks accurately with a high level of initiative and integrity. Strong written and oral communication skills. Demonstrated ability to work independently and establish priorities to meet tight deadlines. Detail-oriented while still being able to see the big picture. Proven adaptability when working with changing deliverables. Familiarity with accounting principles is helpful, but not necessary. Advanced proficiency with Excel is a must Finance Transformation experience is a plus. What’s in it for you? The expected hiring compensation range for this position is $90,800 - $124,900 annually. The total compensation package for this position may include other elements, such as a sign-on bonus, long term incentives, and annual bonuses. This role is eligible to participate in the Legal & General America Annual Incentive Plan. The current target payment for the position is 8% of base salary, modified for corporate and individual performance. Bonuses are pro-rated based on start date. This role has 15 vacation days and 10 sick days that are accrued on a bi-weekly basis. Employees also have 9 paid holidays throughout the calendar year. We have a competitive compensation and benefits package focused on your overall wellbeing. Employee benefits include health, life, and dental insurance; 401K with company match up to 6% as well as a pension package; generous time off; and wellbeing initiatives throughout the year (we like doing fun stuff). We’re big on professional development and we’ll support and mentor you in your career progression and expect you to help us pay it forward by helping us develop tomorrow's leaders and growth-focused professionals. We value our teams and our communities and believe in giving back. Enjoy time off to volunteer for those causes that matter most to you! If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors. The Company reserves the right to change benefits plans at any time. We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodation.