VP, FP&A Corporate Reporting and Planning (R1997)

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Vice President, Corporate FP&A Planning and Reporting in our Global Financial Planning & Analysis team.

This role provides an excellent opportunity to join a fast-paced, collaborative environment positioned in our Global Financial Planning & Analysis team as part of the finance function. This individual will be responsible for producing timely and insightful analysis and executive-level presentations; managing the annual strategic & operating planning process; reviewing and understanding annual strategic and operating plans; preparing forecasts; peer analysis and other ad hoc analytical requests.

Location: This position will be based out of our New York City office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity:

What you’ll be doing:

• Reviewing and understanding the strategic and operating plan and forecast produced for our businesses and using this information to further develop analysis as requested.
• Manage and develop Board and Audit Committee materials evolving content based on the results of the Company.
• Facilitate quarterly business reviews of SBU leads for the executive leadership team. Ensure standardization of materials and appropriate focus on new, developing, or challenging initiatives.
• Establish and monitor peer data metrics and standardize KPIs to measure financial and operational performance.
• Work closely with Strategic business partners of SBU leads to obtain necessary information and supporting documentation to understand the results of each SBU platform.
• Assist in the review of materials during the annual planning process for establishment of key data inputs including loss ratios, ceded programs, and expense planning.
• Maintain close working relationship with underwriters, pricing actuaries and FP&A SBU partners.
• Mentor and manage a team of financial professionals, fostering a culture of high performance and continuous development.

What you’ll bring:

• Bachelor’s degree in Finance/Accounting required; CPA/CFA/MBA a plus.
• 15 + years of finance, accounting and/or reporting experience, preferably in the Commercial Insurance Market; Minimum 5 years of experience leading teams in financial planning and analysis, ideally in a global context.
• Ability to understand, analyze and succinctly summarize financial results.
• Proven success record in leading high performing teams and achieving results through others.
• Demonstrable leadership competencies, including the ability to effectively engage and influence stakeholders across hierarchies and functional boundaries.
• Exceptional communication and presentation skills, with the ability to articulate complex financial information to diverse audiences.
• Excellent analytical, strategic thinking, and problem-solving abilities.
• Strong organizational and time management skills.
• Work effectively in a team environment and independently.
• Flexibility to adapt to changing work priorities and assignments and deadline driven.
• Proficient in Microsoft Excel, Power Point, Outlook, and Word; Access and SAP or other general ledger applications and database querying tools a plus.

Salary Range: $160,000 – $250,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:

• Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
• Pharmacy benefits with mail order options
• Dental benefits including orthodontia benefits for adults and children
• Vision benefits
• Health Care & Dependent Care Flexible Spending Accounts
• Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
• Company-paid Disability benefits with very competitive salary continuation payments
• 401(k) Retirement Savings Plan with competitive employer contributions
• Competitive paid-time-off programs, including company-paid holidays
• Competitive Parental Leave Benefits & Adoption Assistance program
• Employee Assistance Program
• Tax-Free Commuter Benefit
• Tuition Reimbursement & Professional Qualification benefits

In today’s world, what do we stand for?

Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo.

Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.