Financial Analyst Associate
$60k - $65kArbella Insurance
Financial Analyst Associate
At Arbella, we're focused on people. We work hard to attract and retain the best. That means providing a great work environment, encouraging work/life balance, offering flexible work arrangements, and competitive salaries and benefits packages. We invest in our employees and encourage them to grow so that we, too, can grow as a company. Other perks include: company nurse, nutritional counseling, and mental health resources; tuition assistance programs; opportunities to get involved: Arbella Activities Committee, Diversity and Inclusion Council, and more; a company committed to community: volunteer opportunities, employee-led community efforts, and the Arbella Insurance Foundation; robust training, mentorship, and professional/personal development programs; colleagues who genuinely care about each other. Arbella is committed to building a workplace that's diverse, inclusive, and equitable for everyone. We've created a culture that supports a diverse workplace where all are valued for their talents and are empowered to reach their full potential. It's no wonder our employees have voted Arbella one of the Boston Business Journal's "Best Places to Work" every year since 2009!
The Financial Analyst Associate works under the direction of the Manager of Finance and plays a key role in Premium Analysis, Expense Allocation, and Competitor Analysis for the organization.
Key Responsibilities:
- Monthly Premium Reporting: Draft summary of revenue for management by analyzing variances to plan and timing of booking. Provide Ad Hoc support to business lines when questions arise.
- Perform quarterly Competitor company analysis utilizing online competitor results, summarizing loss and premium comparisons. Complete year End Market Share results and summarize Loss Trend Analysis.
- Analyze all expenses pre and post allocation for expense ratio contributions to product lines. Maintain annual planning Allocation model.
- Support the development of the Plan, Reforecast, and Three Year plan utilizing Workday and Adaptive Insights programs. Ensure timely, high-quality assistance with the build process.
- Partner effectively with Personal, Commercial Lines and Actuarial in preparation of the annual forecast and business plan.
- Becomes an expert in the Workday ERP Finance system reporting capabilities: designs, implements, and trains where necessary various reports, dashboards, and scorecards. Become fluent in Workday Reporting.
- Exhibit strong verbal and written communication skills.
- Partakes in various financial projects as needed.
- Work closely in a team environment to meet all deadlines and prioritize workflow.
Key Requirements:
- Bachelor's Degree in Finance, Accounting, or Economics required.
- 0-3 years of Finance experience preferred, internships desirable.
- Intermediate/Advanced Excel skills and the ability to learn cloud-based financial systems. Power BI a plus.
- Excellent customer service, communication and collaboration skills.
This position is not eligible for immigration sponsorship now or in the future.
Our current reasonable and good faith estimate of the annual salary wage range for this position is approximately $60,000 to $65,000 based on a variety of factors including, but not limited to, relevant skills and experience, educational background and certifications, performance and qualifications, market demand for the role and other organizational needs. Please note: The advertised pay range is not a guarantee or promise of a specific wage.
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