Financial Analyst

Join Palomar

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. Palomar welcomes the best and brightest to our thriving team. Guided by an entrepreneurial spirit, Palomar is building a dynamic and diverse team.

Join a company built on a culture of agility, innovation and authenticity that delivers peace of mind and protection to individuals and businesses impacted by adversity.

Location: La Jolla, CA

The Details

What will you do:

• Assist FP&A team in preparation and oversight of multiple aspects of the annual budget and quarterly reforecast
• Collaborate with various departments to obtain their input and drivers
• Ensure these inputs/drivers are accurately and completely reflected in budget model
• Create clear and concise summaries to explain and support the budget
• Maintain and update the company's ongoing forecast model based on current trends and actual results
• Provide timely analysis and communication of variances to budget/forecast and other relevant information in a clear and concise manner
• Investigate significant variances, provide actionable insights, and align on next steps with various business partners
• Assist in keeping CFO/CEO apprised of current forecast and upside/downside scenarios
• Maintain comparison of Company's current forecast to sell-side analysts' forecast models and wall street consensus
• Create process/reporting efficiencies using Aleph FP&A software and AI tools
• Develop methods of forecasting and incorporating new lines of business into the forecast model
• Support special projects and perform ad-hoc analyzes as needed

What we are looking for:

• Bachelor's degree in accounting or finance
• 1+ years of relevant work experience
• An insurance background is a plus but is not required
• Must be willing to learn our business in detail and constantly refine understanding as the business evolves
• Experience in a high-growth, faster paced environment is ideal
• Ability to prepare and present findings in a succinct and organized fashion
• Willing to dig into details while maintaining a big-picture focus
• Ability to build rapport and cross-functional relationships within the company
• Ability to think critically about why results might differ from expectations
• Comfort with change and ambiguity
• Ability to provide quality work in a timely manner and balance speed with thoroughness
• Willingness to propose solutions for new areas and improve processes
• Desire to work in a high-growth, fast-paced organization
• Desire to be a strong teammate and support team members at all levels

If you thrive in a dynamic environment, and like working with happy, authentic, talented people, you'll enjoy a career with Palomar!

What will you get in return?

• Full Suite of Medical Benefits
• Long Term Financial Incentives – STOCK!
• 401k with 3.5% Automatic Fully Vested Employer Contributions
• Competitive PTO + Holiday Program
• Lifestyle Spending Allowance
• Professional Development Assistance
• Career Exploration Opportunities
• Regular company-wide social events (even virtually!)

Diversity at Palomar

At Palomar, we are committed to diversity, equality and inclusion in all facets of the organization. We have built an open culture that celebrates the diversity of our workforce, while actively championing equality and inclusion practices that make us a company people want to work with and work for.

We believe that diversity, equality and inclusion yields greater organizational creativity and productivity, which helps us serve our customers and partners more effectively. Delivering on our diversity commitment returns greater value to our shareholders and ultimately makes a positive impact to the communities in which we do business and to the people who live in them

Pay Range: $65,000-85,000+ Bonus Potential & Participation in our Competitive Long-Term Incentive (LTI) Program.