Planning & Analysis Senior Manager at State Farm

Dunwoody, Georgia, United States -

Full Time

Start Date

Immediate

Expiry Date

24 Apr, 26

Salary

175000.0

Posted On

24 Jan, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Cost Benefit Analysis, Financial Analysis, Communication, Leadership, Collaboration, Cash Flow Forecasting, Net Present Value, Return On Investment, Team Management, Strategic Thinking, Problem Solving, Analytical Skills, Project Management, Financial Reporting, Decision Making

Industry

Insurance

Description

Overview Being good neighbors – helping people, investing in our communities, and making the world a better place – is who we are at State Farm. It is at the core of how we operate and the reason for our success. Come join a #1 team and do some good! Responsibilities About the Role: We are seeking a dynamic Senior Manager to lead the Cost Benefit Analysis (CBA) & IT Finance team, a critical part of the Planning & Analysis (P&A) department within Financial Operations. The CBA & IT Finance team is a trusted, objective financial partner to leaders across the company, providing consultation to leaders about the financial implications of strategic initiatives and enabling informed decision making. As Senior Manager, you will lead a team of highly motivated and respected professionals who collaborate with leaders at all organizational levels. The ideal candidate will possess the ability to communicate effectively with senior executives and mid-level leaders, broad business and financial acumen, and the ability to manage and prioritize competing demands. Key Responsibilities of the CBA & IT Finance Team: Develop comprehensive Cost Benefit Analyses (CBAs) to support decision-making by forecasting cash flows and calculating the expected net present value (NPV) of initiatives. Provide consultation to executive leadership on cost-benefit and other financial analyses required for strategic decisions. Act as an unbiased, strategic thought partner to leadership and business areas regarding the financial implications of projects and initiatives. Prepare clear, accurate, and timely written financial analyses, translating complex financial concepts into digestible insights for diverse stakeholders to inform decision making. Create and maintain financial reports to monitor incurred costs and realized benefits associated with major organizational initiatives. Specific Job Duties and Expectations: Communicate CBA results clearly and effectively to leadership at all levels, including senior executives. Understand the scope and objectives of new CBA requests to ensure alignment with business needs, providing clear direction to assigned team members. Prioritize, direct, organize, and manage CBA assignments within your area of responsibility, considering team members’ capacity, skillsets, and interests. Promote the training, personal growth, professional development, and overall effectiveness of direct reports. Provide strong leadership by modeling behaviors that encourage curiosity, collaboration, technical expertise, innovation, and a results-driven mindset. Provide guidance to team in analyzing complex financial analysis. Cultivate a positive work environment that values teamwork, superior customer service, quality, confidentiality, and productivity. Qualifications Experience leading professional teams, formally or informally, is preferred. Strong communication skills, including ability to convey complex financial topics to executive leaders. Proven ability to prioritize work effectively amid competing demands. Demonstrated ability to collaborate effectively with leaders across multiple departments. Broad business and financial acumen, including expertise in net present value, cash flow forecasting, discount rates, return on investment (ROI), and related financial metrics. Bachelor’s degree or higher in Accounting, Finance, Economics, Statistics, Mathematics, Insurance, or a related field is preferred. Our Benefits Because work-life balance is a priority at State Farm, compensation is based on our standard 38:45-hour work week! Potential starting salary range: $140,000-175,000 Starting salary will be based on skills, background, and experience High end of the range limited to applicants with significant relevant experience Potential yearly incentive target is 16% of base salary At State Farm, we offer more than just a paycheck. Check out our suite of benefits designed to give you the flexibility you need to take care of you and your family! Get Paid! On top of our competitive pay, you are eligible for an annual raise and bonus. Stay Well! Focus on you and your family’s health with our robust health and wellbeing programs. State Farm pays most of your healthcare premium, and we offer multiple healthcare plan options, including a high deductible plan. All medical plans provide 100% coverage for in-network preventative care, AND you and your family have access to vision, dental, telemedicine, 24/7 mental health professionals, and much more! Develop and Grow! Take advantage of educational benefits like industry leading training programs, top-notch tuition assistance programs, employee resource groups, and mentoring. Plan Ahead! Plan for those big moments in life with benefits like fertility/IVF/adoption assistance, college coaching, national discount programs, interactive monthly financial workshops, free financial coaching, and more. You can also start a savings account or consider financing through our State Farm Federal Credit Union! Take a Little “You” Time! You will have access to our generous time off policies designed so you can plan around holidays, family events, volunteering, or just to take a relaxing day off. With the opportunity to initially earn up to 20 days annually plus parental leave, paid holidays, celebration day, life leave (40 hours/year), bereavement leave, and community service/education support days, there will be plenty of time for you! Give Back! We offer several ways to give back through our Matching Gift Program, Good Neighbor Grant Program, and the Employee Assistance Fund. Finish Strong! Plan for retirement using free financial advisors and a 401(k) plan with company contributions of up to 7% of your salary. Visit our State Farm Careers page for more information on our benefits, locations, and the hiring process of joining the State Farm team!

Responsibilities

Lead the Cost Benefit Analysis & IT Finance team to support decision-making through comprehensive financial analyses. Provide consultation to executive leadership on financial implications of strategic initiatives.