FP&A Manager

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions.Job DescriptionAre you looking for your next opportunity?Sompo has a unique opportunity for a FP&A Manager in our Financial Planning & Analysis team.As the FP&A Manager, you will have direct financial operations within area of responsibility by ensuring accurate and timely achievement of financial reports, collaborating with key stakeholders on opportunities for continuous improvement and providing strategy and vision around financial planning processes. Additionally, you will assist in the business planning process and develop end-to-end processes for budget delivery.Location: This position will be based out of our NYC or Purchase, NY office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.Our business, your impact, our opportunity:What you'll be doing:Lead and direct the development of new processes and reports to enhance the overall planning function of the Insurance segmentManage the three year business planning process including identifying key initiatives and resource, managing performance targets, and analyzing and interpreting operating results and trend requirementsEnhance and optimize tools for improved reforecasting of current plansExecute financial strategy in the development and maintenance of the financial planning process by regularly analyzing and reviewing financial data, testing financial analysis models and providing senior management with recommended action plans for process improvementFacilitate effective decision-making and provide vision for area of responsibility by analyzing financial information, forecasting business, industry and economic conditions and communicating resultsSupport the development and presentation to key stakeholders including the board of directors, rating agencies and the investment communityCollaborate with internal and external stakeholders by identifying, researching and resolving discrepancies in financial reports, utilizing internal reporting processes and implementing solutions to improve efficiency of financial operationsProvide executives and business unit leaders with monthly and quarterly performance reports including Broker Production, Line of Business and Segment Profit Analysis, and underwriting metricsCreate a positive environment by modelling cultural expectations and guiding leaders to reward performance and value "can do" people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, and creativityWhat you'll bring:Minimum of 5 years relevant Financial Planning & Analysis experience, preferably in the insurance industryExtensive experience in financial reporting, data analysis, and modelingAdvanced working knowledge of economic and accounting principlesPreferred experience in products and concepts relating to the insurance industryTechnical skillsets in budgeting software systems and Microsoft Office SuiteCommunicate information in a clear, well-organized, and professional mannerBachelor's degree with major in quantitative field (e.g. Accounting, Economics, Engineering, Finance, Mathematics)MBA, Certified Public Accountant, andor Charter Financial Analyst preferred but not requiredSalary Range: $100,000 - $150,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contributionPharmacy benefits with mail order optionsDental benefits including orthodontia benefits for adults and childrenVision benefitsHealth Care & Dependent Care Flexible Spending AccountsCompany-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & childrenCompany-paid Disability benefits with very competitive salary continuation payments401(k) Retirement Savings Plan with competitive employer contributionsCompetitive paid-time-off programs, including company-paid holidaysCompetitive Parental Leave Benefits & Adoption Assistance programEmployee Assistance ProgramTax-Free Commuter BenefitTuition Reimbursement & Professional Qualification benefitsIn today's world, what do we stand for?Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo.Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone's unique contributions - we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.

Created: 2025-02-17