US
13 days ago
Director, Finance & Performance

We are Farmers!

We are… more than just your favorite commercials.  At Farmers, we strive to deliver peace of mind to our customers by providing protection and comprehensive advice and delivering in the moments of truth. That means having people who can help us meet changing customer and business needs. Farmers high-performance culture is focused on results and the people who achieve them. We hold ourselves and others accountable for sustainably growing the business and each other. We seek solutions, own our actions, and grow through discomfort. We see setbacks as opportunities while continuously asking ourselves how we impact our customers. 

 

Farmers is an award winning, equal opportunity employer, committed to the strength of a diverse workforce. We are dedicated to supporting the well-being of our people through our extensive suite of benefits, as well as the well-being of the communities we serve through employee volunteer programs and nonprofit partnerships. Helping others in their time of need isn’t just our business – it’s our culture!  To learn more about our high-performance culture and open opportunities, check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok. 

 

Workplace: Hybrid or Remote ( #LI-Remote ) ( #LI-Hybrid )

Farmers believes in a culture of collaboration, creativity, and innovation, which thrives when we have the ability to work flexibly in a virtual setting as well as the opportunity to be together in person. Our hybrid work environment combines the best of both worlds with at least three (3) days in office and up to two (2) days virtual for employees who live within fifty (50) miles of a Farmers corporate office. Applicants beyond fifty (50) miles may still be considered.

Job Summary Drives achievement of financial objectives through development and execution of strategic initiatives; monitors insurance industry trends; coordinates the annual financial plan for the business; directs monthly management view financial reporting and analysis. Directs the development of the assigned line of business unit plan and forecast; directs the coordination of financial reporting and processes for the function. Reviews and analyzes business related KPIs as well as the financial impact of potential business decisions. Essential Job Functions Leads all financial activities related to a specific business such as identifying and quantifying potential opportunities, financial modeling, and ongoing reporting and analysis. Works with C Suite internal and external leaders to create pro formas, and ensure sustainable profitable growth through high quality partnerships. Directs preparation of monthly management view financial reports, analysis and forecasting to support organizational stability, liquidity and growth. Coordinates monitoring of insurance industry trends and developments; tracks industry results and monitors strategic and financial results of competitors. Benchmarks company results to industry, specific competitor groups and internal benchmarks. Researches insurance industry related topics. Promotes and defends business interests when interfacing with internal customers, including senior leadership and committees, management company executives and committees, state executives. Engages and partners with various stakeholders, including business unit Heads of Finance, senior BU leaders as well as senior leaders in Compliance, Legal, FIS, Risk, and ICFR to evaluate potential risks and course of action. Prepares reasonableness audits and sense checks to ensure information is accurate and ready for executives review. Establishes monthly and quarterly reporting processes and gain buy in from Farmers business units and Strategic Partnerships leadership team. Directs development of strategic vision through financial and strategic plans; evaluates and analyzes progress towards accomplishment of these plans; responsible for long-range forecasting and projections of financial results; coordinates the development of the annual financial plan (P&L) for the business unit; recommends mitigating and enhancing strategies to drive financial performance. Drives continuous improvement of work processes through re- engineering efforts and efficient use of technology. Education Requirements Bachelor's degree required in Accounting, Finance, Business, or related area. Advanced professional designations such as CPA, CMA,CFA, FLMI, FSA, and CLU, or an advanced college degree (MBA) preferred. Experience Requirements 7-10 years demonstrated experience in insurance accounting, auditing, and/or financial analysis including positions such as business unit or territory financial roles required. 5-7 years prior leadership experience required. Physical Actions Sits or stands for extended periods of time, up to a full work shift. Occasionally reaches overhead and below the knees, including bending, twisting, pulling, and stooping. Occasionally moves, lifts, carries, and places objects and supplies weighing 0-10 pounds without assistance. Listens to, interprets, and differentiates auditory information (e.g. others speaking) at normal speaking levels with or without correction. Visually verifies and reads information. Visually locates material, resources and other objects. Ability to continuously operate a computer for extended periods of time, up to a full work shift. Physical dexterity sufficient to use hands, arms, and shoulders repetitively to operate keyboard and other office equipment up to a full work shift. Physical Environment This position operates in an open office working environment which will include normal and customary distractions, noise, and interruptions.

Benefits

Farmers offers a competitive salary commensurate with experience, qualifications and location.
o CA Only: $149,120 - $237,600
o CO Only: $139,840 - $205,040 
o HI Only: $139,840 - $219,340
o IL/MN/VT Only: $139,840 - $219,340 o MD Only: $139,840 - $219,340
o NY/DC/Jersey City Only: $139,840 - $237,600 
         o Albany County: $149,120 - $205,040 
o WA Only:  $139,840 - $249,250  Bonus Opportunity (based on Company and Individual Performance) 401(k) Medical Dental Vision Health Savings and Flexible Spending Accounts Life Insurance Paid Time Off Paid Parental Leave Tuition Assistance For more information, review “What we offer” on https://www.farmers.com/careers/corporate/#offer

 

Job Location(s): R_US - United States

 

Anticipated application deadline: At Farmers, the recruitment process is designed to ensure that we find the best talent to join our team. As part of this process, we typically close open positions within 8 to 21 days after posting. If you are interested in any of our open positions, we encourage you to submit your application promptly.

 

Farmers will consider for employment all qualified applicants, including those with criminal histories, in accordance with the Los Angeles Fair Chance Initiative for Hiring Ordinance or other applicable law.  Pursuant to 18 U.S.C. Section 1033, Farmers is prohibited from employing any individual who has been convicted of any criminal felony involving dishonesty or a breach of trust without prior written consent from the state Department of Insurance.

 

Farmers is an Equal Opportunity Employer and does not discriminate in any employer/employee relations based on race, color, religion, gender, sexual orientation, gender expression, genetic information, national origin, age, disability, marital status, military and veteran's status, or any other basis protected by applicable discrimination laws. 

 

Want to learn more about our culture & opportunities? Check out www.Farmers.com/careers/corporate and be sure to follow us on Instagram, LinkedIn, and TikTok.

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