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ENOVIS
Wilmington, DE | Full Time
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Wilmington, DE | Full Time
$65k-79k (estimate)
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Financial Analyst
Chubb INA Holdings Wilmington, DE
$65k-79k (estimate)
Full Time 9 Months Ago
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Chubb INA Holdings is Hiring a Financial Analyst Near Wilmington, DE

Position Summary

As a part of the Claims Finance team, the Financial Analyst will work closely with various finance units, including underwriting, reinsurance, investments, and actuarial departments, on a wide variety of projects and processes. In this role, you will interact with a diverse group of internal personnel, including other financial analysts, divisional leadership, and functional staff to interpret financial data and operational performance. Primary responsibility is to analyze financial status by collecting, monitoring, and studying data, recommending actions.

This position is responsible for facilitating the budgeting, planning, and forecasting process for the North America Claim organization while providing operational and strategic support of organizational improvement through resource management. The responsibilities require significant interaction with other departments including Human Resources and Finance. 

Responsibilities

  • Provide support in the Chubb North America Claims Annual Operating Plan Process.
  • Assist in the preparation and consolidation of budget templates, analyze historical data, and incorporate organizational changes and business drivers.
  • Assist with in tracking, monitoring personnel expenses against the approved budgets. Analyze the reasons for any significant variances.
  • Analyze personnel – related data such as headcount, turnover, and other HR metrics. Use this data to identify trends, patterns and cost drivers that impact the personnel budget.
  • Prepare and distribute regular financial reports, dashboards, and performance metrics for claims operations.
  • Evaluate Pre-Requisition requests, review and analyze the information provided for potential requisitions or acquisitions and ensure they meet the company's criteria and strategic objectives.
  • Identify opportunities to streamline data collections and reporting processes, as well as recommending automation solutions to enhance efficiency.
  • Support special projects and ad hoc financial analysis as required. This may include evaluating the financial impact of new claims initiatives, conducting scenario analysis, or participating in cross-functional teams to drive business improvements.

Qualifications

  • Bachelor’s degree in Finance or MIS
  • Analytical mindset with attention to details and accuracy
  • Excellent communication and presentation skills
  • Up to 2 years of finance or auditing experience, or related coursework & familiarity with U.S. / International Accounting Rules is greatly valued.
  • Some knowledge of insurance concepts, practices, and procedures is desirable
  • MS Office experience, including Word, Excel, and Outlook
  • Oral and written communication skills

EEO Statement

At Chubb, we are committed to equal employment opportunity and compliance with all laws and regulations pertaining to it. Our policy is to provide employment, training, compensation, promotion,and other conditions or opportunities of employment, without regard to race, color, religious creed, sex, gender, gender identity, gender expression, sexual orientation, marital status, national origin,ancestry, mental and physical disability, medical condition, genetic information, military and veteran status, age, and pregnancy or any other characteristic protected by law.Performance and qualifications are the only basis upon which we hire, assign, promote, compensate, develop and retain employees. Chubb prohibits all unlawful discrimination, harassment and retaliationagainst any individual who reports discrimination or harassment.

Job Summary

JOB TYPE

Full Time

SALARY

$65k-79k (estimate)

POST DATE

08/03/2023

EXPIRATION DATE

05/21/2024

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Chubb INA Holdings
Full Time
$84k-111k (estimate)
8 Months Ago
Chubb INA Holdings
Full Time
$79k-104k (estimate)
8 Months Ago
Chubb INA Holdings
Full Time
$111k-135k (estimate)
8 Months Ago

The following is the career advancement route for Financial Analyst positions, which can be used as a reference in future career path planning. As a Financial Analyst, it can be promoted into senior positions as a Financial Analyst III that are expected to handle more key tasks, people in this role will get a higher salary paid than an ordinary Financial Analyst. You can explore the career advancement for a Financial Analyst below and select your interested title to get hiring information.

Networks Connect
Part Time
$67k-82k (estimate)
3 Months Ago
ENOVIS
Full Time
$82k-100k (estimate)
2 Weeks Ago

If you are interested in becoming a Financial Analyst, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Financial Analyst for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

Quotes from people on Financial Analyst job description and responsibilities

Broadly speaking, a financial analyst works with financial data to help organizations make business decisions.

02/23/2022: Mcallen, TX

Build financial models to perform financial forecasts, predict business scenarios, and provide other data analysis to help make business decisions.

02/10/2022: Newark, NJ

Every financial analyst’s job will hold different responsibilities depending on their specialty and where they work.

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They often develop and execute complex methodologies that enable them to generate useful pointers from the financial data and problem statements that their clients provide.

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Financial analysts who have little to no professional experience are responsible for gathering data, financial modeling and creating or maintaining spreadsheets.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

Career tips from people on Financial Analyst jobs

To become a senior or junior level financial analyst, one may be required to earn a Master’s of Business Administration.

12/07/2021: Baltimore, MD

Obtaining a finance degree (bachelor’s or MBA) and working towards becoming a financial analyst requires the development of skills, expertise, and specific abilities.

03/03/2022: Omaha, NE

To be a financial analyst, one should be good with numbers, comfortable presenting research, analytical, and have great ability to research large amounts of data and pay attention to small details.

12/27/2021: Youngstown, OH

Earning a finance degree and taking the steps to become a financial analyst requires specific abilities and the development of specialized skills.

12/11/2021: Burlington, VT

With relevant work experience and appropriate training, finance students can become equipped to pursue the path of becoming a financial analyst.

03/06/2022: Burlington, VT

Step 3: View the best colleges and universities for Financial Analyst.

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