What are the responsibilities and job description for the Sr. Manager - Benefits Analyst- Budget and Finance position at GEICO?
Primary Responsibilities
- Budget Preparation : Work closely with Benefits team Program Managers to identify cost for each plan, program or initiative owned by that Program Manager. Establish budget and assist Program Managers in identifying forecast assumptions for their designated plans, programs or initiatives based on utilization changes, annual renewals, vendor implementation / deprecation. Function as a resource for Benefits team during budget and forecast preparation. Create and lead budget training sessions for Program Managers.
- Budget Process : Lead review of submitted budgets / forecasts and work closely with Program Managers to identify discrepancies. Assess reasonableness of budget, develop questions and recommendations for revisions. Track submission and revision status.
- Monthly Variance Review : Lead monthly Benefits team actual vs budget variance review & liaison with Program Managers to understand differences. Develop and prepare reports and analysis to facilitate quarterly financial reviews in broader discussions with leadership.
- Develop financial reports in partnership with Senior Director, FP&A, for routine or ad hoc GEICO leadership / CFO requests.
- Financial analyses and development of financial models to provide insight for decision making. Assist in other duties and special projects as needed to further the goals of the Benefits team. This might include participation in preparing documents for the Benefits Administration Committee or Retirement Plan Committee meetings and fulfilling requests from senior management.
This is a hybrid role, in office 3x a week and open to all GEICO corporate locations
Minimum Qualifications :
LI-EW1
Annual Salary
91,225.00 - $172,200.00
The above annual salary range is a general guideline. Multiple factors are taken into consideration to arrive at the final hourly rate / annual salary to be offered to the selected candidate. Factors include, but are not limited to, the scope and responsibilities of the role, the selected candidate's work experience, education and training, the work location as well as market and business considerations.
At this time, GEICO will not sponsor a new applicant for employment authorization for this position.
Benefits :
As an Associate, you'll enjoy our Total Rewards Program
The equal employment opportunity policy of the GEICO Companies provides for a fair and equal employment opportunity for all associates and job applicants regardless of race, color, religious creed, national origin, ancestry, age, gender, pregnancy, sexual orientation, gender identity, marital status, familial status, disability or genetic information, in compliance with applicable federal, state and local law. GEICO hires and promotes individuals solely on the basis of their qualifications for the job to be filled.
GEICO reasonably accommodates qualified individuals with disabilities to enable them to receive equal employment opportunity and / or perform the essential functions of the job, unless the accommodation would impose an undue hardship to the Company. This applies to all applicants and associates. GEICO also provides a work environment in which each associate is able to be productive and work to the best of their ability. We do not condone or tolerate an atmosphere of intimidation or harassment. We expect and require the cooperation of all associates in maintaining an atmosphere free from discrimination and harassment with mutual respect by and for all associates and applicants.
Salary : $91,225 - $172,200
