Budget Analyst

Woodmen Life Home Office, 1700 Farnam Street, Omaha, Nebraska, United States of America

Woodmen Life is looking to hire a Budget Analyst
to join our team!

This position has a hybrid 4/1 schedule (with more flexibility after training).
In this role, you will play a critical role in partnering with business leaders to plan, monitor, and manage operating expenses while supporting the development of the organization’s multi-year financial plan. This role works closely with budget owners to understand cost drivers,identify financial levers, and translate business strategies into actionable financial plans. Serving as the primary FP&A point of contact for assigned business areas, the position supports annual budgeting, rolling forecasts, and the development of3-to 5-year financial and expense planswithin amid‑sizedlife and annuity insurance company.

Woodmen Life is one of the best places to work in Omaha, with more than 135 years of service rooted in purpose and community. Since 1890, Woodmen Life has been dedicated to helping hardworking Americans secure their families’ financial futures and leave a lasting legacy. As a purpose‑driven, not‑for‑profit life insurance company, our commitment is to our members and the communities they call home.

As a member of the Woodmen Life family, you’ll join others who share a commitment to family, community, and country. We offer a comprehensive benefits package including health, dental, vision, 401(k), life insurance, and more.

We need someone who has:

Business Partnership & Expense Management:

• Act as the primary FP&A partner to assigned business leaders, supporting them in setting, monitoring, and managing operating budgets
• Develop a strong understanding of key expense drivers, including:
  • Staffing and organizational design
  • Vendor relationships
  • Technology and systems
• Strategic and operational initiatives
• Provide insight and constructive challenge on:
  • Cost trends and emerging risks
  • Budget variances and root causes
  • Opportunities for efficiency or reinvestment
• Support leaders in identifying, quantifying, and tracking expense management initiatives against established targets

Budgeting & Forecasting:

• Support the annual budgeting process by coordinating inputs from business leaders and ensuring alignment with enterprise financial goals
• Prepare rolling forecasts and expense outlooks, incorporating:
  • Emerging trends
  • Business decisions
  • Changes in assumptions
• Analyze actual results versus budget and forecast, clearly explaining drivers and implications to business partners
• Assist in the development of multi-year expense plans aligned with strategic objectives and growth expectations
• Partner with FP&A leadership, actuarial, and accounting teams to support the development of a3
  - to 5
  - year financial plan
  , including:
  • Expense trajectories
  • Profitability considerations
  • Capital and scale implications
• Identify and model key financial levers affecting long-term performance, such as:
  • Scale and growth
  • Productivity and efficiency
  • Expense mix
  • Business and assumption sensitivity

Financial Analysis & Decision Support

• Develop clear, decision‑oriented analyses that help leaders understand the financial implications of strategic and operational decisions
• Support scenario and sensitivity analysis related to:
  • Expense levels
  • Organizational changes
  • Strategic initiatives
• Key risks and opportunities

• Experience in insurance or financial services, particularly within a regulated environment.
• Knowledge of statutory accounting, risk - based capital, and asset/liability management concepts.
• Demonstrated ability to learn quickly and apply critical thinking strategies.
• Commitment to the following competencies:
  • Business partnership and relationship management
  • Expense management and cost - driver analysis
  • Long - range financial thinking
  • Ability to translate complex financial concepts into clear, actionable insights
  • Intellectual curiosity and willingness to challenge assumptions constructively

If you're ready to make an impact in your community, we’d love to hear from you.

As part of Woodmen Life’s employment process, candidates will be required to complete a criminal background check, credit check (when required…