SAP Insurance Functional Lead

Who We Are

At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

We align to a set of Values that are the core pillars that define our culture and help bring our brand purpose to life:

• We are stronger as one: We collaborate across the enterprise, scale what works and act   decisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

Who You’ll Work With

The Information Technology organization is the technological foundation of our business and works in collaboration with our partners from across the company. The team drives technology and digital transformation, partners with business leaders to design and execute new strategies through IT and operations services and ensures the necessary IT risk management and security measures are in place and aligned with enterprise architecture standards and principles.

About The Role

As part of the Enterprise IT team, manages the functional delivery & related customization/app development, oversees the related functional production support for Corebridge Financials’ SAP Insurance Accounting capability including FSCD (Collections and Disbursements) and FPSL (Financial Products Subledger for Insurance). This leader should understand key finance business concepts like: 

• Insurance Collections and Disbursements 

• General Ledger and Insurance Subledger Accounting 

• Master Data Governance (SAP MDG) 

• Management & Regulatory Reporting 

• Financial Close 

Oversees the insurance accounting functions technology delivery, partners with related business stakeholders and operations to oversee the day-to-day operation of and support the innovation roadmap for the insurance accounting functions within SAP.  This leader supports the execution of end-to-end transformation delivery initiatives, including execution, timing, functionality, quality, communication, and support for Corebridge’s insurance accounting, insurance product related collections & disbursements technology. 

Leads the design and development of internal insurance accounting related business systems/applications, system interfaces, databases, reporting, or business intelligence systems, to deliver new systems functionality, based on business requirements for the Corebridge finance technology platform. 

This is a key role that will interact with key business partners and operations leaders along with risk & compliance on strategic finance transformation projects.  

Responsibilities

• This role focuses on partnering with key business partners and other technology leaders in Infrastructure, Security, to plan, analyze, design, implement, test, and integrate the application or software.   

• The role provides leadership, mentoring, and coaching to the related support and project teams; Guides team members in the alignment, analysis, and execution tasks within and across business and IT teams; Participates in and contributes to learning activities around modern software design and development core practices 

• Role serves as a Subject Matter Expert for Application Design and can execute on the SAP ASAP/Activate methodologies for related sub-business lines/functions: 

• Ideation and Requirements: Brainstorming ideas that solve the problem faced by the target user; interacting with stakeholders and users to collect and document project requirements in close partnership with the IT Business Relationship Owners 

• Design:  Creates the architecture of a software system and its element, in close partnership with the Enterprise Architecture standard and guidelines 

• Development: Oversees the writing of the code for the software using the relevant programming language 

• Configuration: Oversees the configuration of SAP FSCD and FPSL following SAP leading practices 

• Testing and Quality Assurance: Oversees the evaluation of the quality of software to identify errors and defects and ensure the software corresponds to the specifications established at plan and design 

• Deploy and Release Management: Prepares the software to run and operate in a specific environment including planning and schedule the deployment of a software version through various stages and environments and coordinating with Product Owners, Quality Managers, Change Managers and DevOps. 

• Maintenance: Prepares to hand off the support of the software after it has been released to the market, to the IT Production Support team 

• Leader provides oversight of functional production support activities and any related root cause analyses 

• Leader guides team through the SAP ASAP and Activate development methodologies. Additionally, leader has advanced knowledge in developing applications with highly scalable cloud solutions, using modern concurrency principles, and programming languages used by our Corebridge core businesses.

Skills and Qualifications:

• Bachelor’s Degree (or equivalent work experience)

• 7+ years or more of relevant experience and an undergraduate degree in Finance, Computer Science or Information Systems. 4+ years of industry experience  

• In-depth understanding of Finance systems, finance related data & reporting solutions, insurance subledger accounting, insurance collections & disbursement, SAP BTP (including Clean Core concepts), & SAP BDC (including Datasphere & SAC/SACP) experience are preferred. 

• Strong influencing and negotiation skills 

• Work with leaders across multiple business lines; Leads both domestic and globally distributed teams. 

• Identifies issues within immediate team and gathers information to determine root cause 

• Administers, interprets, and executes policies and procedures to ensure success of initiative and programs. 

• Comfortable working in a dynamic, rapidly changing and oft-times ambiguous environment. 

• Must maintain confidentiality of highly sensitive information 

• Excellent communication (written and oral) and people skills.  

• Understanding of application systems design and integration in a large heterogeneous enterprise environment 

• Experience with modern IT monitoring capabilities  

• Additional preferred experience with  

• DevOps 

• Test Automation 

• Application Modernization 

• SAP Application Security 

• SAP Change Management  

• Quality Assurance methodology and technologies 

Compensation

The anticipated salary range for this position is $135,000 to $150,000 for the Jersey City, NJ region at the commencement of employment. Not all candidates will be eligible for the upper end of the salary range. The actual compensation offered will ultimately be dependent on multiple factors, which may include the candidate’s geographic location, skills, experience and other qualifications.

In addition, the position is eligible for a discretionary bonus in accordance with the terms of the applicable incentive plan.

Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.

Work Location

This position is based in Corebridge Financial’s Houston, TX or Jersey City, NJ office and is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely.

Estimated Travel

May include up to 25%.

#LI-RL1 #LI-SAFG #LI-Hybrid

Why Corebridge?

At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location.  In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy.

We are an Equal Opportunity Employer

Corebridge Financial, is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs.  If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to TalentandInclusion@corebridgefinancial.com.  Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law.

We will consider for employment qualified applicants with criminal histories, consistent with applicable law.

To learn more please visit: www.corebridgefinancial.com

Functional Area:

IT - Information Technology

Estimated Travel Percentage (%):

Relocation Provided:

Corebridge Institutional Investments (Europe) Limited, Irish Branch