Finance Director

Northbrook, Illinois
Not Specified
Sep 29, 2016
Nov 28, 2016
Job Type
Not Specified
Career Level
Not Specified

Where good people build rewarding careers.

Think that working in the insurance field can't be exciting, rewarding and challenging? Think again. You'll help us reinvent protection and retirement to improve customers' lives. We'll help you make an impact with our training and mentoring offerings. Here, you'll have the opportunity to expand and apply your skills in ways you never thought possible. And you'll have fun doing it. Join a company of individuals with hopes, plans and passions, all using and developing our talents for good, at work and in life.

Job Description

Protection Finance works across multiple areas to provide critical information that drives optimal business performance. We recommend innovative solutions that guide strategies and improve operational results. Our work includes timely reporting, critical analysis and essential financial projections as we interface with business leaders across the corporation.

Job Summary

  • Serve as independent business advisor, conduit of financial information and significantly influence future strategy of the Business Unit for success (short and long term)
  • Implements strategic change through managers and others by delivering perspectives on the business that include recommendations for action
  • Provides leadership in developing and achieving Business Unit priorities and plans based on sound, compelling financial insights, consideration of risks and implications to growth/profit
  • Leads collaborative dialogue across Business Units on priorities and initiatives
  • Maximizes individual and team capabilities and builds talent pipeline of future organizational leaders
  • Provides leadership to influence the department talent strategy that results in maximum utilization of talent management systems and best practice proliferation
  • Ensure Protection Finance's credibility and reputation of high quality (accurate, timely, relevant) financial measurement, reporting, planning and consulting

Key Responsibilities

  • Influence business decisions by providing financial transparency through forecasting, planning, strategic planning, measurement, business case development, capital management and internal controls
  • Provide an objective focus on execution and integration of Business Unit priorities, while managing expectations and successful outcomes
  • Leverage internal and external networks to increase Business Unit's success in achieving desired objectives
  • Partner with the Officer/Senior Leadership in the identification and execution of strategic approaches towards financial processes and methodologies (e.g., planning, reporting), customer service, overall team management and talent management
  • Analyze long-term impact of new or anticipated strategies and decisions and consider ramifications to the business
  • Lead teams in understanding the link between Allstate objectives and their contribution
  • Lead team members to ensure team efficiency and effectiveness (e.g., conflict/problem resolution, process/system improvements, resource procurement)
  • Develop pricing strategy (both retail and wholesale) for ARS, balancing risk levers with return and ensuring approval controls are maintained
  • Work cohesively with ARS leadership and Sales & Relationship Management in the internal negotiations of deal pricing to ensure all assumptions are reasonable and have the appropriate approvals.
  • Coach the Sales and Relationship Managers in the pricing process, offering alternative structures and strategic solutions.
  • Prepare complete risk assessments for each deal prior to launch and 30 days post launch. The assessment process should detail out all risks (operational and financial), assign ownership and engage the ARS leadership team to drive solutions and mitigation actions.

Job Qualifications

  • Commanding knowlede of Enterprise-wide strategy
  • High-level of knowledge of general corporate finance
  • Ability to design and establish financial goals and measures
  • Demonstrated depth and breadth of analytical expertise
  • Knowledge of management/statutory accounting and general audit procedures and accounting principles
  • Expertise in planning, forecasting and expense budgeting
  • Reputation as a trusted business consultant in a finance related area – build relationships with clients while offering analysis and recommending corrective actions based on emerging trends.
  • Ability to manage through ambiguity, prioritizes multiple projects to meet business partner needs
  • Ability to influence other resulting in conflict resolution, problem solving and alignment
  • Independent thinker with a strong team mindset
  • Ability to establish workflow, delegate responsibility, and allocate human capital to accomplish organizational objectives
  • Commited to development and improvement (of self and others) and to the achievement of business results
  • Inspire a positive team environment and motivate others to achieve better than expected results
  • Exceptional organizational and time management skills - manage through ambiguity, shifting timelines, resources constraints and limitations while executing concurrent priories and balancing tactical and strategic points-of-view
  • Superior communication skills across multiple levels and mediums
  • Demonstrated experience in talent and people management – screen/interview candidates, deliver/document performance feedback, manage/address performance issues, identify High Potential talent, recommend promotions and provide career guidance and mentorship
  • BA or BS in Finance, Economics, Accounting, Mathematics or related area of study; MBA in Finance or Accounting preferred

The above statements are intended to describe the general nature and level of work being performed by people assigned to this job. They are not intended to be an exhaustive list of all responsibilities, duties, skills required of personnel so classified.

The candidate(s) offered this position will be required to submit to a background investigation, which includes a drug screen.

Good Work. Good Life. Good Hands®.

As a Fortune 100 company and industry leader, we provide a competitive salary – but that's just the beginning. Our Total Rewards package also offers benefits like tuition assistance, medical and dental insurance, as well as a robust pension and 401(k). Plus, you'll have access to a wide variety of programs to help you balance your work and personal life -- including a generous paid time off policy.

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Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

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It is the policy of Allstate to employ the best qualified individuals available for all jobs without regard to race, color, religion, sex, age, national origin, sexual orientation, gender identity/gender expression, disability, and citizenship status as a veteran with a disability or veteran of the Vietnam Era.