Risk & Financial Analyst
About Us : Recognized as the trusted source for industry knowledge, LIMRA AND LOMA provides research, training, development, and networking solutions to financial services companies. In a rapidly changing marketplace, companies rely on us for our industry insight, practical solutions, and unwavering commitment to their success.
Why Join Us : Leading life insurance and financial services organizations around the world rely on our membership to make bottom-line decisions with greater confidence. They turn to us for :
- Research : Catalysts for new ideas, industry benchmarking, and strategic planning.
- Learning & Development : Programs to assess, train, and increase productivity, and develop future corporate leaders.
- Networking : Connections with industry leaders and peers through study groups, committees, and conferences.
Are you looking to join an organization whose mission is to advance the financial services industry by empowering our members with knowledge, insights, connections and solutions? If so, LIMRA and LOMA, the world’s largest association of life insurance and financial services companies, which represents 1,100 member companies in 71 countries, including most of the world’s largest life insurance and retirement companies is the organization for you!
The Big Picture :
Provides organizational support, financial oversight, and risk management guidance to division head, CVP, and Director to facilitate effective business decision-making and drive operational success. Operates with a high degree of autonomy, applying critical thinking and sound judgment to manage complex tasks and competing priorities. Serves as a facilitator between the division, sales team, and key internal functional areas such as Legal and Accounting to ensure adherence to policies and procedures while balancing customer needs and supporting the efficient delivery of services.
What will you be doing?
Financial & Sales Reporting
Prepare the annual budget including, but not limited to, revenue, expense & timing, in conjunction with appropriate sales and ops team membersReview monthly reports for division at department level and provide analysis to division head and other stakeholders on monthly, quarterly and annual variances and trendsEvaluate, update, modify and correct allocation of revenue and expensesEvaluate and properly reconcile sales reporting and revenue recognition tied to business contractsProduce monthly revenue reports of progress against goals at a product and country levelPrepare weekly enrollment reports against goals at a country levelUtilize Salesforce.com to monitor pipeline data for forecasting and planning purposesReport travel expenses against budget by person on a monthly basis to help the team manage their expenses within budgetDevelop ad hoc reports, as requestedManage expenses within the annual budget, providing expense savings suggestions where possibleSupport incentive plan and commission structure development and implementationWork with outside accounting firm to effectively monitor and manage the financial processes of our foreign entityEvaluate all budget variances and prepare management comments for the international departmentsProduce reports, analyses, pro forma, financial projections that support division financial management and management presentation requirementsAdministrative Processes
Coordinate monthly and quarterly contractor payments with AccountingProcess and approve expenses for reimbursement to staff and contractors, reviewing expense reports for adherence to policy, both inside and outside the reporting systemUtilize internal accounts payable system for department expenses, monitor for expense issuesRequest invoices per contract termsManage the commission process from sale to paymentProofread proposals for accuracyValidate pricing in proposals using internal pricing guidelinesRisk Management
Create contracts starting from proforma templates for contractors, vendors and customers ranging from standard to custom / complexRespond to inquiries regarding contract clausesWork with the sales team and customers directly to overcome contract language challengesEnsure contracts are accurate and meet required legal standardsAct as liaison with internal counsel and teams for contract review, approval, and exceptionsMaintain contract records and report on statusMonitor in-force contract status and act on expiring contracts accordinglyWork with outside legal firms as needed for specialty topics such as copyrights, foreign laws, and intellectual propertyProofread and review legal documents with exceptional attention to detail and reading comprehension to ensure accuracy, consistency, and adherence to legal and organizational standardsDemonstrate strong reading and analytical skills to interpret complex legal language and identify potential risks or discrepanciesOverall Division Support
Support an environment of continuous improvement by regularly evaluating processes, making recommendations for efficiencies, and implementing process changeCross train with others in department to improve coverageQualifications :
Education / ExperienceHave a bachelor’s degree or comparable work experience in business, legal or accountingExperience with financial and sales reporting, including a minimum of 2-4 years of experience in preparing revenue and expense budgets and commissionsPreferred experience in procurement or contracting, including familiarity with reviewing and drafting legal agreements such as MSA’s, SOW’s, NDA’s, ICA’s, and SA’s in a corporate or legal environmentInternational business experience a plusSalesforce.com experience preferredSkills / KnowledgeStrong analytical and critical thinking skills; able to assess complex information and make sound decisions, even in ambiguous situationsProven ability to work autonomously with minimal supervision, demonstrating initiative and accountabilityExcellent verbal and written skills. Ability to communicate effectively and professionally with a diverse range of internal and external customers; strong interpersonal skills Exceptional editing and proofreading skills Outstanding attention to detail and accuracy in work product a must Exceptional organizational and time management skills to manage multiple projects simultaneously Knowledge of the Microsoft Office Suite with advanced level skill in Microsoft Excel Comfortable interacting and coordinating with various internal and external constituencies Requires less than 5% of time travelingWho we are :
Companies come to us because no other organization is in a better position to help them understand their customers, markets, distribution channels, and competitors. Leading life insurance and financial services organizations around the world rely on their membership for one simple reason – they can make bottom-line decisions with greater confidence.
We believe that greatness is built from the inside out. It is created by individuals who share common goals, and who support and rely on one another to achieve them. Our core values ( Integrity, Customer Focus, Adaptability, Respect and Excellence ) guide us in how we treat, respond to and interact with our Customers, and one another. We do our best to support our employees in making the most of their lives both inside and outside of work.
We are an Equal Opportunity employer and do not discriminate on the basis of race, ancestry, color, religion, sex, age, marital status, sexual orientation, national origin, medical condition, disability, veteran status, or any other basis protected by law.
This Employer Participates in E-Verify. See the notices.
Este Empleador Participa en E-Verify. Ver el avisos.
