Treasury Manager

Overview

At Legal & General America, we are passionate about helping create brighter tomorrows for our customers, partners, colleagues, and the communities in which they live. A recognized market leader of term life insurance, we’re transforming our business through innovation and technology to make it easy and affordable for more American families to secure their financial futures. We bring the same passion to our institutional retirement business, partnering with companies to mitigate pension risk and ensure the financial future of their annuitants with our financial strength and market leading customer service.

The Treasury Manager is responsible for owning the liquidity and collateral management function for Legal & General America and its associated legal entities. This role demands leadership experience, business partnering and project management skills, and the ability to develop and implement policies and frameworks. The Treasury Manager will manage a small team of analysts responsible for routine and ad-hoc analyses and management information. This role will partner closely with internal stakeholders including local business management, finance functional management, and corporate functions.

Responsibilities

• Lead the development, implementation and ongoing monitoring of US business liquidity framework. This including overseeing a small team working on aggregation of data for pro forma and actuals analyses, preparation of materials for lines of business and corporate functions, and real time review of business impacts.
• Act as a local lead and key supporter to our corporate function’s reviews of business revel returns on cash-consuming activities.
• Collaborate with internal partners (FP&A, Lines of Business, Business Insights team) to lead operational liquidity forecasting and budgeting tasks, including collection of stakeholder inputs, processing management reporting and routine variance analytics.
• Improve ability to forecast and manage liquidity for LGA and its associated legal entities and separate accounts.
• Develop, maintain, and monitor compliance with liquidity and collateral policies and frameworks for LGA and its associated legal entities and separate accounts.
• Lead all aspects of compliance with LCR requirements from our corporate function.
• Develop solutions for liquidity provisioning, such as use of repo agreements, asset financing structures, and FHLB borrowing.
• Collaborate with our corporate function, the capital management team and performance team to plan for and provision liquidity upstream to our corporate function via dividend payments, surplus financing or other solutions.
  
  

Qualifications

EDUCATION

• BA/BS with major/concentration in a business and/or quantitative field preferred.
• Certified Public Accountant (CPA), Certified Financial Analyst (CFA), MBA, or credentialed actuary (ASA or FSA) preferred, but not necessary.
  
  

Experience

• 10-15 years in a finance, accounting, or actuarial role, preferably within the life insurance industry.
• Treasury, liquidity or collateral management experience preferred.
  
  

Skills Required

• Strong analytical, project management, business partnering and stakeholder management skills.
• Strong written and oral communication skills.
• Proven ability to work independently and prioritize to meet tight deadlines.
• Diligent while still being able to see the big picture.
• Flexibility when working with changing deliverables.
• Ability to manage ambiguity.
  
  

REPORTS TO

• TBD
  
  

DIRECT STAFF

• 1-2 analysts
  
  

What’s in it for you?

The expected hiring compensation range for this position is $121,000 - $166,450 annually.

This role will be working in a hybrid environment. Candidates within a commutable distance to Stamford, CT or Frederick, MD will receive preference.

The total compensation package for this position may include other elements, such as a sign-on bonus, long term incentives, and annual bonuses. This role is eligible to participate in the Legal & General America Annual Incentive Plan. The current target payment for the position is 20% of base salary, modified for corporate and individual performance. Bonuses are pro-rated based on start date. This role has 20 vacation days and 10 sick days that are accrued on a bi-weekly basis. Employees also have 9 paid holidays throughout the calendar year.

We have a competitive compensation and benefits package focused on your overall wellbeing. Employee benefits include health, life, and dental insurance; 401K with company match up to 6%; generous time off; and wellbeing initiatives throughout the year (we like doing fun stuff). We’re big on professional development and we’ll support and mentor you in your career progression and expect you to help us pay it forward by helping us develop tomorrow's leaders and growth-focused professionals. We value our teams and our communities and believe in giving back. Enjoy time off to volunteer for those causes that matter most to you!

If hired, employee will be in an “at-will position” and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors. The Company reserves the right to change benefits plans at any time.

We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodation.