Genworth Financial Expense Management Analyst - US Life Insurance in Richmond, Virginia
Expense Management Analyst – US Life Insurance
Genworth is a Fortune 500 financial services company providing financial security and protection through our Mortgage Insurance and US Life Insurance businesses. Our purpose is to help families achieve the dream of homeownership and address the financial challenges of aging. At Genworth, our promise to our employees is the opportunity to make a meaningful difference in the lives of our customers, our communities, and one another.
The mission of Genworth’s US Life business is to develop solutions that meet the financial challenges with the aging, including individual and group long term care insurance, annuities, life insurance and new innovative products over time.
The Expense Analyst will be primarily responsible for providing the organization with budget development and expense management support for multiple business functions. As the primary point of contact, the analyst will have the opportunity to develop deep understanding of the assigned functional areas and to build strong expense management partnerships with senior leaders.
Provide overall expense planning, analysis and management support to functional leaders
Understand the value proposition of individual business functions: activities performed for the business, level of service delivered to stakeholders and alignment to business strategy and goals
Identify key expense drivers and develop performance metrics for individual functions
Utilize benchmarking information to identify expense efficiency and best practice opportunities
Execute tasks required for monthly close including facilitating appropriate expense accruals, re-classes, charge-outs and project capitalization
Partner with cost center owners on detailed expense analysis, forecasting, and management to budget and forecast constraints
Deliver consolidated expense analysis and forecasting to functional leaders and finance
Support finance close, driver-based expense forecasting, multi-year planning and budgeting activities
Participate in projects related to expense and finance process improvements and/or technology changes
Bachelor’s degree in finance, accounting or related field with 2-5 years of experience
Excellent analytical, modeling and problem solving skills
Attention to detail with the ability and desire to understand the big picture
Effective communication skills: ability to develop and deliver clear, crisp, audience-focused messages and presentations
Adept in building strong relationships with colleagues and senior leaders
The ability to self-lead and take initiative with a strong sense of accountability for results
The ability to work effectively in a high-paced environment and manage multiple, changing priorities
Budgeting and expense management experience
Project management experience
High proficiency with MS Office (e.g., excel, power point)
Oracle financials experience (e.g., TM1 and Discoverer)
Genworth is a Fortune 500 financial services company providing financial security and protection through our Mortgage Insurance and Long Term Care businesses. Our purpose is to help families achieve the dream of homeownership and address the financial challenges of aging. At Genworth, our promise to our employees is the opportunity to make a meaningful difference in the lives of our customers, our communities, and one another.