FP&A Senior Analyst

Summary

Prosperity Life Insurance Group, LLC is looking for a Financial Planning & Analysis (FP&A) Senior Analyst within their Allocations and Expense Management Department. This position reports directly to the department AVP. 

Major Duties and Responsibilities include the following. Other duties may be assigned.

• Assist in the development, monitoring and review of the overall company budget. Outlines and tracks actual performance to budget by cost center and develops ad-hoc analysis and reporting as deemed necessary to interpret financial results for the AVP.

• Prepares monthly accruals and performs monthly analysis of departmental spend vs budgets, including the re-forecast. Works with cost center leaders to detail/support variances to budget.

• Assist in the development, monitoring and review of the overall compensation planning. Outlines and tracks actual performance to budget by cost center and compensation line expense and develops ad-hoc analysis and reporting as deemed necessary to interpret financial results for the AVP.

• Prepares monthly accruals and performs monthly analysis of variable compensation plan costs vs budgets, including the re-forecast. Works with the AVP and HR to detail/support variances to budget.
• Reports and summarizes actuals and variances to budget on a monthly, quarterly, and annual basis for the Director to support GAAP and STAT expense reporting requirements
• Performs intercompany analysis and prepares settlements/reconciliations for the AVP
• Tracks, reconciles and records all Fixed Asset data, including depreciation/amortization and reconciliations for the AVP

• Ensures compliance with MAR/SOX for relevant processes and provides support for the internal and external audit processes

• Assist with FP&A initiatives outside of Allocation and Expense Management on an ad-hoc basis

Supervisory Responsibilities

This position does not carry any supervisory responsibilities.

Education and/or Experience and Skills

• 1-3 years of experience with expense management and corporate expense allocations
• Experience in GAAP and Statutory insurance accounting
• Bachelor’s degree in Accounting or Finance
• Very strong analytical skillset
• Ability to manage multiple priorities, in accordance with deadlines, and with a variety of stakeholders
• Effective communication and relationship building skills with both internal and external business partners
• Highly proficient in Excel and other Microsoft Office tools