State Farm · 3 hours ago
Planning & Analysis Senior Manager
Bloomington, IL
Full-time
Onsite
Senior Level
$140K/yr - $175K/yrState Farm is a company focused on helping people and investing in communities. They are seeking a Senior Manager to lead the Cost Benefit Analysis & IT Finance team, providing financial consultation for strategic initiatives and enabling informed decision-making across the organization.
Insurance
Responsibilities
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
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
Qualification
Required
Experience leading professional teams, formally or informally
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
Benefits
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.
Company
State Farm
At State Farm®, our mission is to help people manage the risks of everyday life, recover from the unexpected, and realize their dreams.
Founded in 1922
10001+ employees
H1B Sponsorship
State Farm has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (2)
2022 (1)
Funding
Current Stage
Late StageLeadership Team
Alexis Harris
CEO/AGENT
Aquilas Zephir
Owner/CEO at Aquilas Zephir State Farm
Recent News
2024-05-05
2024-04-20
The North Bay Business Journal
2024-04-14
Company data provided by crunchbase