What are the responsibilities and job description for the AVP of Financial Planning and Analysis position at Berkshire Hathaway GUARD Insurance Companies?
Overview
Good things are happening at Berkshire Hathaway GUARD Insurance Companies. We provide Property & Casualty insurance products and services through a nationwide network of independent agents and brokers. Our companies are all rated A “Superior” by AM Best (the leading independent insurance rating organization) and ultimately owned by Warren Buffett’s Berkshire Hathaway group – one of the financially strongest organizations in the world! Headquartered in Wilkes-Barre, PA, we employ over 1,000 individuals (and growing) and have offices across the country. Our vision is to be a leading small business insurance provider nationwide.
Founded upon an exceptional culture and led by a collaborative and inclusive management team, our company’s success is grounded in our core values: accountability, service, integrity, empowerment, and diversity. We are always in search of talented individuals to join our team and embark on an exciting career path!
Benefits:
We are an equal opportunity employer that strives to maintain a work environment that is welcoming and enriching for all. You’ll be surprised by all we have to offer!
- Competitive compensation
- Healthcare benefits package that begins on first day of employment
- 401K retirement plan with company match
- Enjoy generous paid time off to support your work-life balance plus 9 ½ paid holidays
- Up to 6 weeks of parental and bonding leave
- Hybrid work schedule (3 days in the office, 2 days from home)
- Longevity awards (every 5 years of employment, receive a generous monetary award to be used toward a vacation)
- Tuition reimbursement after 6 months of employment
- Numerous opportunities for continued training and career advancement
- And much more!
Responsibilities
The AVP of Financial Planning and Analysis will play a key role in shaping GUARD's financial strategy and driving business performance. We are looking to fill this position in one of our offices, Wilkes Barre,PA, Parsippany, NJ, New York, NY, Philadelphia,PA or Conshohocken, PA
Responsibilities:
- Collaborating closely with the CFO, Executive Management, Actuarial and Underwriting teams on scenario modelling and business analysis including supporting line of business (LOB) performance analysis.
- Establishing more robust processes for financial planning, quarterly and annual budget allocation, and company financial forecasting.
- Analyzing and communicating key financial insights and high-level recommendations as we scale GUARD. This will include input into Quarterly Management and Board Reports as well as material for internal stakeholders at National Indemnity Company and external parties such as AM Best and various Departments of Insurance.
- Collaborating with the Accounting and Finance Team and Business Insights Specialist to produce and maintain a suite of regular “artefacts”.
- Analyzing business outcomes to evaluate financial health and devise short and long-term strategies.
- Forecasting budgets for various scenarios, incorporating modeling to assess risk factors affecting long-term business growth.
- Undertaking Market Analysis to ensure GUARD’s overall market positioning, strategic direction and commerciality remains relevant.
Salary Range
$140,000-$220,000.00 USD with performance based bonus potential
The annual base salary range posted represents a broad range of salaries around the U.S. and is subject to many factors including but not limited to credentials, education, experience, geographic location, job responsibilities, performance, skills and/or training.
Qualifications
- 8 years of experience in finance, accounting, reporting, or financial planning.
- Strong understanding of insurance P&L's and key business drivers.
- Excellent analytical, strategic thinking, and problem solving skills.
- Ability to work in ambiguous and fast paced environments.
- Strong communication, leadership, and presentation abilities.
- Expertise in Excel modeling; additional skills in Power BI, R, SQL, and Python are a plus.
- Bachelor's degree in Accounting, Finance, Science, or Engineering.
Salary : $140,000 - $220,000
