Financial Analyst Specialist

About This Role

Serve as a Financial Analyst Specialist to the Personal Lines Claims Services organization and the Legal Division, providing financial counsel and driving sustainable, profitable growth. This role focuses on claims analytics, financial drivers, and performance metrics, including ULAE/ALAE analysis and Loss control measures.

Responsibilities

• Lead monthly close process through monthly reporting and analytics of PL Claims department and Legal Division operating expenses and loss adjustment expenses (LAE)
• Lead the PL Claims department and the Legal Division through quarterly forecasting and 3-year planning process
• Partner with leadership to build financial plans and forecasts and deliver actionable insights
• Lead management reporting and complex analysis of PL Claims department and Legal Division initiatives
• Own the PL Claims staffing model and lead staffing discussions on a regular basis
• Partner with leaders in decision-making process through ongoing business partnering and providing strategic recommendations
• Perform complex financial modeling to ensure profitable investments are made and delivered on
• Support FP&A transformation initiatives, highlighting areas of opportunity to deliver deeper insights and improve efficiency

Requirements

• 6+ years of financial planning experience
• Knowledge of claims processes and costs (preferably within an Insurance company)
• Understanding of claims (and operations) organizations and ability to apply to financial analytics, planning, and forecasting
• Demonstrated understanding of operational expense reporting (LAE in particular) and budgeting
• Experience with insurance P&L ratios and other financial statements
• Ability to partner with senior leaders to influence strategic decision making
• Ability to clearly and concisely explain financial results through visuals and simple explanations
• Demonstrated ability to operate with planning and reporting software (preferably Oracle cloud-based planning and Smartview)
• Ability to build simple reporting and diagnostic solutions
• Understanding of data management and governance principles

Qualifications

• Bachelor’s degree in a related field or an equivalent combination of education and experience
• A minimum of 6 years of financial planning experience, preferably within an Insurance company with knowledge of claims processes and costs

Nice to Have

• Actively shaping company culture (e.g., supporting employee resource groups, mentoring employees)
• Championing cultural norms (e.g., willing to have cameras on, helping onboard new team members)
• Demonstrates a company ownership mindset, thinking beyond boundaries of their own area
• Travels as needed for role, including divisional / team meetings and other in-person meetings
• Fulfills business needs, which may include investing extra time, helping other teams

Skills

* Required skills

Benefits