Director, Finance – Business Support & Operations at Hartford Financial Services

Cedar Rapids, Iowa, United States

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Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Equipment FinancingIndustries

Requirements

Bachelor’s degree in Accounting, Finance or related field. CPA/MBA is a plus
8+ years of finance and/or accounting experience in providing business advice and analyzing business performance
5+ years Finance Leadership preferred
Proficient in Excel, PowerPoint, Word. PowerBI, SQL, Tableau a plus
Exceptional analytical and problem-solving skills
Outstanding computer skills
Excellent interpersonal and communication skills
Organized, creative team-player with initiative who responds well to challenges
Ability to handle periodic large project-oriented demands with tight deadlines requiring more than standard work hours and quick response

Responsibilities

Key leader in development and execution of Business Support financial strategies
Provides financial advice, counsel, and leadership on strategic and operating initiatives to Business Support leadership teams
Build and monitor KPIs and deliver critical business insights and actionable analysis to business support groups as well as Corporate Finance and Accounting
Leads budget and forecasting processes for Business Support helping to establish near-term and long-term financial plans and targets
Leads data-driven financial studies and performs ad hoc analysis to assess proposed initiatives and operational processes, uncovering opportunities to improve profitability and optimize performance
Ensure awareness of key financial drivers and develop strategies to align interests with outcomes
Continuously analyze the performance of the business support groups by identifying and anticipating areas of opportunity, areas with positive and negative trends and areas of concern. Make recommendations regarding cost-saving opportunities
Defines and ensures delivery of reporting for business support groups, focusing on producing information that is relevant, actionable, and aligned with decision-making needs
Evaluate benchmarking comparisons within the industries we serve and beyond
Develops decision-supporting financial models and analytical tools for stakeholders
May lead evaluation and implementation of some of GreatAmerica’s key strategic opportunities
Proactively promote and participate in process improvement initiatives within the business
Foster best practices and idea sharing across the Finance team
Live the GreatAmerica principles
Perform other duties as required
Provides input into the strategic direction of Business Support groups (i.e., Technology, Human Resources, etc.) through financial analysis that focuses on creating value-added services for the Business Units, including evaluating new strategies, understanding services provided, and meeting financial targets
Interfaces with Business Units to ensure transparency of allocations as well as Corporate Finance, Accounting and the Data Analytics and Insights Team
Serves as a key resource for Senior Leadership and the Finance Team on select initiatives

Skills

Key technologies and capabilities for this role

financial analysisbudgetingforecastingKPIsdata analyticsstrategic planningfinancial modelingbusiness insightsad hoc analysisprofitability optimization

Questions & Answers

Common questions about this position

What is the employment type for this Director of Finance position?

This is a full-time position.

What are the key responsibilities of the Director of Finance role?

The role involves leading the development and execution of Business Support financial strategies, providing financial advice to leadership, building and monitoring KPIs, leading budget and forecasting processes, and performing data-driven financial analysis.

What is the company culture like at GreatAmerica Financial Services?

The company emphasizes exemplary customer service, a principle-centered business philosophy, and a team-based operating approach, with a focus on living the GreatAmerica principles and fostering best practices and idea sharing across the Finance team.

What salary or compensation is offered for this position?

This information is not specified in the job description.

What makes a candidate successful in this Director of Finance role?

Success requires being a key leader in financial strategy, providing advice to leadership, delivering actionable insights through KPIs and analysis, leading budgeting processes, and proactively promoting process improvements while living the company's principles.

Hartford Financial Services

Insurance and financial services provider

About Hartford Financial Services

Hartford Financial Services provides insurance and financial products designed to protect individuals and businesses. Their offerings include various types of insurance, such as auto, home, and business insurance, as well as retirement and investment solutions. The company focuses on ensuring that clients are safeguarded against risks while also aiming to create a positive impact in the community. Unlike many competitors, Hartford Financial Services emphasizes a commitment to human achievement, striving to support clients in ways that extend beyond traditional insurance coverage. The goal of the company is to empower individuals and businesses to thrive by providing comprehensive protection and contributing to societal well-being.

Hartford, ConnecticutHeadquarters

1810Year Founded

$77.7MTotal Funding

N/ACompany Stage

Social Impact, Financial ServicesIndustries

10,001+Employees

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

Paid Vacation

Paid Holidays

Hybrid Work Options

Remote Work Options

Tuition Reimbursement

Risks

AI-driven solutions like HOMEE increase competition in P&C insurance.

Beam Benefits' growth challenges Hartford's market position in employee benefits.

Superscript's funding may disrupt traditional insurance models Hartford relies on.

Differentiation

Hartford is recognized as one of the World's Most Ethical Companies.

The Hartford's critical illness insurance covers a wide range of health conditions.

Partnership with CAPE Analytics enhances Hartford's risk assessment with geospatial intelligence.

Upsides

AI-driven claims management adoption boosts efficiency in insurance processing.

Digital transformation with Beam Benefits simplifies employee benefits processes.

Geospatial intelligence from CAPE Analytics improves risk assessment and underwriting.

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