Manager (Corporate Strategy & Planning)

Tokio Marine Insurance Group; Kuala Lumpur; On-site; MYR 100,000 - 150,000; Full time

Job summary

A leading insurance company in Kuala Lumpur seeks a candidate to assist in preparing annual business plans and budgets. The role involves monitoring budget allocation and supporting senior management in financial reporting and presentations. Candidates should have strong analytical skills and experience in budgeting and forecasting, ensuring accurate reporting for strategic initiatives. This is a crucial position for driving financial performance within the organization.

Qualifications

• Detail-oriented with strong analytical skills.
• Able to support senior management with detailed presentations.
• Experience in budgeting and financial planning.

Responsibilities

• Assist in preparing the annual business plan.
• Monitor overall budget allocation across departments.
• Prepare monthly financial presentation slides.

Job description

Market Analysis

Market and business circumstances/ environment

Comparison on competitors’ performances inclusive of industry statistics, andcompetitors’ business strategies and initiatives, if available.

Assists Senior Manager in preparing the annual business plan based on corporate objectives and budgeting requirements.

Works closely with all departments ensuring that the budget amount proposed are supported with basis of computation and detailed explanations especially for new initiatives. Reasonable test performed on computation basis, historical trend and scenarios on criteria changes (ie. impact on detariff, inflation, market growth and etc).

Assists Senior Manager in preparing the forecast and plan presentation slide.

Monitors the overall budget allocation by Line of Business and Distribution Channels to ensure all plans and initiatives are delivered within budget.

Respond to requests for ad-hoc reports from Senior Management team on strategic projects and countermeasures.

Support the Head on the allocation plan of intermediary related expenses (IRE) and management expenses for each distribution channel to optimise corporate expenses based on the cost-benefits analysis.

Assists Senior Manager in preparing the monthly financial related presentation slides.

Work closely with various departments on forecast updates and management accounts reporting in ensuring the accuracy of reported information.

Monitors and tracks the actual business achievement against the approved plan by Line of Business and Distribution Channels through monthly data review and statistical findings.

Support the Head on the tracking of the intermediary related expenses of the respective distribution channels.