Director, Financial Planning & Analysis (FP&A) – Health Benefits & Financial Services

This is a fully remote position, open to applicants in Utah.

📋 Description

• Oversee the annual budgeting, forecasting, and planning activities for both Group and Individual Benefits.

• Create financial models that support strategic initiatives, acquisitions, investments, and enhancements in operations.

• Collaborate with executive leadership to assess performance and enhance profitability and operational effectiveness.

• Offer financial insights for growth initiatives, new offerings, and market expansion.

• Act as the primary finance partner for Benefits Operations, Sales Leadership, Account Management, and Executive Leadership.

• Convert operational metrics into financial performance indicators and provide data-driven recommendations.

• Direct monthly forecasting, variance analysis, and management reporting activities.

• Create KPIs and dashboards to monitor revenue, commission income, fee income, retention, producer productivity, book growth, margins, and operating expenses.

• Examine profitability across clients, producers, agencies, product lines, and carriers.

• Work in conjunction with accounting on financial reporting, revenue recognition, commission accounting, accruals, deferred revenue, carrier settlements, producer compensation, and reconciliations.

• Assist with month-end and quarter-end closing through in-depth financial analysis.

• Evaluate enrollment trends, commission yields, retention, staffing models, and operational efficiency.

• Generate reports that link operational performance to financial results.

• Promote accountability, continuous improvement, and analytical excellence within Finance, Operations, Sales, IT, and Executive Leadership.

• Set up forecasting processes, executive dashboards, cross-functional alignment, profitability visibility, and actionable analytics within the initial year.

⛳️ Requirements

• Professional experience in FP&A focusing on Group and Individual Health Benefits.

• Bachelor’s degree in finance, Accounting, Economics, or a related discipline.

• Over 10 years of progressive experience in FP&A, corporate finance, or financial leadership roles.

• More than 5 years of experience managing high-achieving finance teams.

• Experience in insurance brokerage, employee benefits, health insurance, or financial services is highly desirable.

• Proficient understanding of Health Benefits revenue recognition, Group Benefits, Individual Benefits, insurance brokerage operations, commission-based revenue models, and carrier accounting.

• Strong expertise in financial forecasting, budget creation, business analytics, financial modeling, KPI development, executive reporting, operational finance, and GAAP accounting standards.

• Familiarity with ERP and financial systems.

• Advanced skills in Excel, Power BI, Tableau, or similar analytical platforms.

• Solid business insight and the ability to relate operational activities to financial outcomes.

• Exceptional financial modeling and analytical capabilities.

• Strong grasp of accounting principles and financial reporting pertaining to Health Benefits.

• Highly developed executive-level communication and presentation skills.

• Ability to influence stakeholders without direct authority.

• Proven leadership and team development skills.

• A mindset geared towards continuous improvement with an emphasis on automation and process optimization.

• MBA, CPA, or CFA credentials are preferred.

🏝️ Benefits

• Medical, Dental, Vision coverage.

• Life Insurance and Accidental Death & Dismemberment (AD&D).

• Flexible Spending Account (FSA) / Health Savings Account (HSA).

• Accident insurance.

• Critical Illness coverage.

• Hospital Indemnity insurance.

• Supplemental Health Insurance.

• Employee Assistance Program (EAP).

• Pet Insurance.

• 11 Paid Holidays.

• Flexible Paid Time Off (PTO).

• 401K plan.

• Option for remote work.