Financial Planning Analyst

Senior Associate - Rating Agency Financial Planning

Financial Planning/Analysis
The Financial Planning/Analysis job is responsible for designing analysis of the organization's financial results. Through financial modeling, this job provides insights into the company's financial status, including cash flow, accounts receivable, accounts payable, debt, equity, operating income, and working capital. Under limited supervision, this job's analysis and modeling is used by senior management to inform business and financial decisions. This job also focuses on evaluating alternative financial plans as well as developing economic analysis and business reports.

Key Responsibilities and Duties

• Evaluates financial models that analyze monthly financial results in order to identify drivers and explain key variances.
• Reviews forecasts and modeling and ensures that results are timely and accurate.
• Reviews re-forecasting activities and updating/evolving forecast models for accuracy and completeness.
• Participates in general ledger journal entry posting activities during the closing process to help ensure that financial statements are accurate.
• Designs ad hoc departmental reports that analyze departmental financial results versus budget/forecasts.
• Inspects financial reports and presentations for management that inform business and financial decisions.
• Provides feedback, guidance, and direction to accountants that will enable them to perform their job requirements as directed by the department.

Educational Requirements

• University (Degree) Preferred

Work Experience

• 5 Years Required; 7 Years Preferred

Physical Requirements

• Physical Requirements: Sedentary Work

Career Level
8IC

This position supports the Actuarial Services team in analyzing and completing financial reporting requests to ensure the accuracy and integrity of the financial information provided to internal reporting groups, the 4 major rating agencies, and external industry groups such as ACLI. The position requires working under high levels of responsibility and autonomy with regular interactions with peers, business unit management and executives across the enterprise. This includes networking and establishing strong working relationships with our OCFO business partners to obtain the necessary information for the completion of numerous internal and external deliverables. The position involves special skills such as negotiation and influencing others, including senior level leaders, regarding matters of strategic importance.

Key Duties:

• Completion of Rating Agency deliverables such as surveys, management reports and financial analysis.
• Calculation and monitoring all key financial ratios relating to rating agency analysis.
• Assess potential strategic business decisions as they relate to their impact on rating agencies' assessments of TIAA.
• Preparing Board meeting material relating to capital management and financial results.
• Present and clearly articulate financial results as well as provide variance commentary to internal & external partners.
• Development of analytics, commentary, charts and graphs that creatively depict and analyze corporate results.
• Communication of TIAA related rating agency updates such as financial strength ratings, ratings dates, financial outlooks, press releases and reports. Includes the preparation of Board meeting materials.
• Incorporation of productivity and continuous improvement methodologies to ensure long term success.

Related SkillsAccountability, Adaptability, Business Acumen, Collaboration, Continuous Improvement Mindset, Critical Thinking, Data-Based Decision Making, Financial Acumen, Financial Analysis, Influence, Relationship Management, Story Telling, Strategic Thinking, TIAA Products/Services Acumen, Variance Analysis

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Company Overview

TIAA Global Capabilities was established in 2016 with a mission to tap into a vast pool of talent, reduce risk by insourcing key platforms and processes, as well as contribute to innovation with a focus on enhancing our technology stack. TIAA Global Capabilities is focused on building a scalable and sustainable organization , with a focus on technology , operations and expanding into the shared services business space.

Working closely with our U.S. colleagues and other partners, our goal is to reduce risk, improve the efficiency of our technology and processes and develop innovative ideas to increase throughput and productivity.

We are an Equal Opportunity Employer. TIAA does not discriminate against any candidate or employee on the basis of age, race, color, national origin, sex, religion, veteran status, disability, sexual orientation, gender identity, or any other legally protected status.

Our Culture of Impact

At TIAA, we're on a mission to build on our 100 year legacy of delivering for our clients while evolving to meet tomorrow's challenges. We equip our associates with future-focused skills and AI tools that enable us to advance our mission. Together, we are fighting to ensure a more secure financial future for all and for generations to come. We are guided by our values: Champion Our People, Be Client Obsessed, Lead with Integrity, Own It, and Win As One. They influence every decision we make and how we work together to serve our clients every day. We thrive in a collaborative in-office environment where teams work across organizational boundaries with shared purpose, accelerating innovation and delivering meaningful results. Our workplace brings together TIAA and Nuveen's entrepreneurial spirit, where we work hard and work together to create lasting impact. Here, every associate can grow through meaningful learning experiences and development pathways—because when our people succeed, our impact on clients' lives grows stronger.

Accessibility Support

TIAA offers support for those who need assistance with our online application process to provide an equal employment opportunity to all job seekers, including individuals with disabilities.

If you are a U.S. applicant and desire a reasonable accommodation to complete a job application please use one of the below options to contact our accessibility support team:

Phone:

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Privacy Notices

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Experience LevelMid Level

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