Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals.  All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.

Job Summary 
The Expense Management Director will be primarily responsible for budgeting, reviewing, and analyzing all expenditures across the Life and Annuity entities and other companies within the organization.

Main Accountabilities
•    Develop, present and oversee financial budgets, with cost center managers, for all Life and Annuity entities 
•    Ensure all budgets and financial processes align with company goals
•    Collaborate with senior management, project managers, and cross-departmental leadership to set budget goals and ensure that they are followed
•    Evaluate budget proposals and financial requests for viability
•    Forecast financial needs during year
•    Analyze actual expenses compared to budget and provide reporting to cost center managers and senior management
•    Work closely with the FP&A team on monthly results
•    Review cost allocations and ensure compliance with intercompany agreements
•    Coordinate the continued development and monthly/quarterly reporting of expense metrics and KPI’s for L&A entities.
•    Oversee the monthly expense close and actual reporting
•    Implement Adaptive Planning tool for use in 2025
•    Ad hoc projects as assigned
 

Qualifications
•    7+ years financial experience including budgeting and analysis
•    Bachelor’s degree in Business, Finance, Accounting or related field
•    Strong critical thinking and analytical skills
•    Strong communication skills and deadline oriented
•    Ability to foster working relationships throughout the organization at all levels required
•    Workday and Adaptive planning experience preferred
•    Advanced experience with Microsoft Excel for financial forecasting, and reporting tools to assist in preparing analysis.

Benefits Highlights:  

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.  Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability, and to enroll in the Company’s Employee Assistance Program and other wellness initiatives.  Employees may also participate in the Company’s 401K plan, with matching contributions by the Company. 

#LI-AB1