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Finance Business Partner

Factory Mutual Insurance Company
United Statesfull_timeVerifiedPosted 10 May 2024

About the role

Overview

FM Global is a leading property insurer of the world's largest businesses, providing more than one-third of FORTUNE 1000-size companies with engineering-based risk management and property insurance solutions. FM Global helps clients maintain continuity in their business operations by drawing upon state-of-the-art loss-prevention engineering and research; risk management skills and support services; tailored risk transfer capabilities; and superior financial strength. To do so, we rely on a dynamic, culturally diverse group of employees, working in more than 100 countries, in a variety of challenging roles.

 

Responsibilities

Act as a trusted advisor on the financial performance of a Division or Staff functions in areas related to the future state financial performance including budgeting, financial insights on market conditions, alternative business scenarios and improving the quality of internal and external financial data to drive business decision making and performance. Provides a broad scale, expert consultation, direction and guidance to both functional and regional leadership to elevate business performance.

 

Drives end-to-end planning, budgeting, and forecasting process across a division/staff function, including all inputs and drivers within the planning toolDevelops the annual plan, associated budgets, and forecasts for a division/staff function, supported by an FP&A analyst pool

Understands and oversees the financial performance of a division/staff function to support Head of FP&A's strategic priorities

Owns monthly management reporting and analysis process for a division/staff function

Proactively provides transparent and frequent financial updates and actionable insights for assigned division/staff function

Engages Sr Finance Business Partners and FP&A Head to ensure timely and accurate delivery of analysis and insights

Ensures business leaders understand key PBF assumptions and drivers

Builds business cases, including what-if analyses

Supports ad hoc analysis, as required

Engages key internal stakeholders, including other Finance Business Partners and division/staff function counterparts, to keep abreast of changes in market landscape and advise on potential implications to the business​

Qualifications

  • Bachelors Degree in Accounting and professional certification e.g. CPA, ACA, ACCA or equivalent and / or master's degree preferred
  • 10 years of Finance experience at an insurance company; strategy and / or consulting role
  • Strong strategic and execution capabilities
  • Strong judgement and decisiveness
  • Broad and deep knowledge of finance, business, and regulatory environment
  • Excellent interpersonal, written and oral communication skills
  • Ability to build trust through advocacy for division or staff function leadership team priorities
  • Ability to mentor FP&A analysts to enable growth toward FBP role
  • Strong accounting / finance skills
  • Ability to work independently
  • Good team leadership skills and results orientation
  • Ability to motivate others in a deadline driven environment and foster acceptance of change
  • Proficiency with financial systems and standard software applications

 

The final salary offer will vary based on individual education, skills, and experience. The position is eligible to participate in FM Global’s comprehensive Total Rewards program that includes an incentive plan, generous health and well-being programs, a 401(k) and pension plan, career development opportunities, tuition reimbursement, flexible work, time off allowances and much more.

 

FM Global is an Equal Opportunity Employer and is committed to attracting, developing and retaining a diverse workforce.

 

 

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Company

Factory Mutual Insurance Company

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