Senior Financial Analyst, Insurance Operations

Senior Financial Analyst, Insurance Operations

Pay Information: Exempt - $100,000 - $125,000 per year

Location: Remote first work environment. Must be in the Pacific time zone

The Senior Financial Analyst, Insurance Operations is a finance partner of The Dentists Insurance Company, responsible for ensuring the adherence to regulatory and compliance requirements of the California Department of Insurance and various other regulatory agencies. This position prepares quarterly and annual financial reports, regulatory filings, and works with third parties to facilitate the estimation and analysis of insurance loss reserves, ensure adequate reinsurance coverage, and track and administer insurer investments. This role exercises significant judgement and critical thinking in the preparation of complex filings, has high visibility across the organization, and is a key liaison between finance, operational departments, and external vendors and regulators.

Universal Competencies

Collaboration: Proactively engages with an iterative mindset to enhance ideas and achieve organizational results; Cultivates relationships, builds partnerships, shares and learns without boundaries.

Service: Focusing on meeting needs and exceeding expectations for those served inside and outside the organization.

Respect: Embracing others for their true authentic self; nurture and promote an environment that values diversity of thought, input, experience, and expertise.

Essential Competencies

Problem Solving: Applies analysis, creativity, resilience, and logic to reach optimal outcomes; develops & implements solutions.

Approachability: Is consistently approachable, open to feedback and truthful; builds trust and authentic professional relationships.

Adaptability: Appropriately adapts behavior to changing conditions and business needs; modifies approach to succeed with new situations and timelines.

How the Controller Contributes

Works independently and in collaboration with underwriting, claims, sales, finance, and external vendors to ensure the accurate and timely completion of regulatory and compliance activities.

Leads regulatory reporting activities including annual and quarterly statements for insurance compliance, A.M. Best reporting, state filing requirements, and state audits.

Stays current with state and NAIC regulatory reporting requirements, ensuring processes and reporting meet relevant requirements. Researches reporting guidance for new business activities and makes recommendations to ensure compliance.

Coordinates with third parties to support treasury functions, ensures statutory deposit holdings comply with state requirements and prepares reporting to support investment and statutory deposit holdings.

Coordinates with external actuary to support annual actuarial and rate analyses.

Coordinates with reinsurance broker to support annual reinsurance renewal, ensures timely response to data requests, timely submission of reimbursement invoices and year end premium true-up. Supports ongoing analysis and assessment of the effectiveness of the overall program.

Oversees the planning and maintenance of the financial compliance calendar for the organization.

Leads and oversees the triennial Department of Insurance financial examination.

Administers compliance software and drives innovative and effective use of software to increase efficiency, accuracy, and timeliness of regulatory and compliance filings.

Replies to Department of Insurance and other third-party requests.

Non-Essential Functions

Assist with related special projects as needed.

Perform other duties as assigned.

Minimum Qualifications

Bachelors degree (B.A.), preferably in Accounting or Finance.

Minimum of four years of experience in Finance or Accounting.

Demonstrated ability to effectively administer reporting as it pertains to enterprise system data, including GL, budgets, and business intelligence interfaces.

Proficient in data extraction/reporting.

Advanced Excel (including arrays, vlookup, pivot tables, charts).

Comprehensive knowledge of GAAP accounting policies and procedures

Preferred Qualifications

MBA or CPA preferred.

Lawson general ledger system and/or Crystal Reports experience.

Annual Statement reporting software experience preferred.

Experience with the following programs: Prophix, Lawson, Guidewire, SQL or Crystal Reports.

Understanding of statutory and GAAP accounting principles and able to conduct relevant research.

Excels at forward-facing interactions and developing key relationships across all levels within the organization.

Demonstrated ability to communicate complex information effectively to both technical and non-technical audiences across the organization.

Excellent written and oral communication skills.

Commitment to excellence and high standards.

Ability to manage priorities and workflow with minimal supervision.

Versatility, flexibility, and a willingness to work within constantly changing priorities with enthusiasm.

Ability to work with all levels of management.

Keen attention to detail.

Ability to work independently and as a member of various teams and committees.

Working Conditions

Constantly reviewing and analyzing data on a computer screen and physical documents.

Frequently maintains a stationary position.

Occasionally moves around the office to access file cabinets, office machinery, etc.

Who We Are

The California Dental Association is a membership organization that represents 27,000 of the states best and brightest dental professionals and champions the oral health of the communities they serve. As the largest state dental association in the U.S., CDA delivers remarkable advocacy initiatives, fierce protection, innovative education, and expert guidance to our members. Founded in 1870, CDA has innovated and grown into a family of companies that includes the association, The Dentists Insurance Company (TDIC), TDIC Insurance Solutions, Rotunda Partners, and the CDA Foundation.

The largest of our subsidiaries, TDIC, is an insurance company founded in 1980 by a small group of California Dental Association members in response to skyrocketing malpractice premiums that impacted dentists ability to practice productively and patients ability to access care. Since that time, weve grown to protect 24,000+ policyholders across 15 states with a comprehensive suite of dentist-centric insurance products and risk management tools. With this singular focus and the unparalleled expertise of people who understand dentistry, weve earned the trust of our community.

Collectively, were a mission-driven organization thats here to empower our members and support their practices, dental teams, profession, and patients. By making today easier and tomorrow better for dentists, our employees make a meaningful and direct impact on the health of others.

At CDA we seek out, welcome, and invest in talented individuals across unique specialties and prioritize diversity in our hiring practices. We know our employees are integral to our success, and we value their individual talents while encouraging a collaborative, inclusive, respectful, and forward-thinking culture. Were proud to be recognized as a Best Place to Work for factors like our people practices, work environment, and trust in senior leaders.

CDAs Finance department is a high-performing and service-oriented team of professionals who support all of CDAs companies. We manage the financial health and integrity of $500 million in invested assets and $150 million in annual revenues. We value continuous improvement, a commitment to getting it right, and a growth mindset. Our team members have the opportunity to contribute to high-value projects and grow in their careers.

If youre excited to share your talents at a dynamic organization thats leading the way in oral health, we invite you to apply to join us.

Company Benefits

At CDA, we offer a robust benefits package that enhances overall employee well-being and provides options to meet the needs of our diverse workforce. We listen to our employees on matters of wellness and devote time and resources to continuously evaluate our benefits to ensure we can best support their work-life goals.

• Remote and hybrid flexibility and technology to support remote work
• Generous time off program starting at 22 days of PTO and 13 paid holidays (includes a floating holiday and winter closure)
• Highly competitive medical, dental, and vision plans, including FSA and HSA account options
• 401(k) plans, with a generous match and safe harbor contributions upon eligibility
• Paid parental leave
• Wellness programs, including incentives and an In-Shape Family Fitness discount
• Opportunities for professional development, training, and leadership skill-building
• Critical illness, accident, life, pet, short term, and long-term disability insurance options
• Employee Assistance Program (EAP) for support navigating day-to-day challenges

TDIC - The Dentists Insurance Company