What are the responsibilities and job description for the Financial Analyst position at AssuranceAmerica?
Our Company
At AssuranceAmerica, we are more than a unique blend of insurance assets. We believe in creating a culture where every associate can learn and grow. We strive to create a work environment to meet associate needs, and we are determined to achieve excellence in everything we do.
This is an opportunity to join a dynamic team in a company that is a leader in the minimum limits auto insurance space and functions with a small company, entrepreneurial style. This position will require someone with an understanding that one needs to have a “roll up your sleeves” attitude to help make things happen.
Job Summary
The Financial Analyst will be a member of the Finance team reporting to the FP&A Manager. Through building the financial modelling (growth, profitability, etc.) for our core business, you will be a key part of a team driving the analyses that help the leadership team execute on major initiatives and strategic decisions.
Through effective planning and analysis, you will provide the Accounting/Finance team leadership, the broader executive leadership team, and the Board with the appropriate reporting (regular and ad-hoc) to help establish goals and track performance across the business.
The position requires knowledge of finance, accounting and operations principles, experience with financial data modeling and analysis techniques, and understanding of budgeting and forecasting processes.
About The ROLE
Each day at AssuranceAmerica is different, but as a Financial Analyst you will:
At AssuranceAmerica, we are more than a unique blend of insurance assets. We believe in creating a culture where every associate can learn and grow. We strive to create a work environment to meet associate needs, and we are determined to achieve excellence in everything we do.
This is an opportunity to join a dynamic team in a company that is a leader in the minimum limits auto insurance space and functions with a small company, entrepreneurial style. This position will require someone with an understanding that one needs to have a “roll up your sleeves” attitude to help make things happen.
Job Summary
The Financial Analyst will be a member of the Finance team reporting to the FP&A Manager. Through building the financial modelling (growth, profitability, etc.) for our core business, you will be a key part of a team driving the analyses that help the leadership team execute on major initiatives and strategic decisions.
Through effective planning and analysis, you will provide the Accounting/Finance team leadership, the broader executive leadership team, and the Board with the appropriate reporting (regular and ad-hoc) to help establish goals and track performance across the business.
The position requires knowledge of finance, accounting and operations principles, experience with financial data modeling and analysis techniques, and understanding of budgeting and forecasting processes.
About The ROLE
Each day at AssuranceAmerica is different, but as a Financial Analyst you will:
- Deliver innovative, high value-added financial information and supporting analysis for strategic planning and decision making including monthly forecast of P&L and cash flows.
- Support a broad range of ad-hoc projects focused on reducing costs, increasing revenue, and driving operational efficiencies.
- Be able to clearly link financial results to operational performance drivers and generate alternatives to drive positive change.
- Participate in the annual planning process and routine forecasts as well as identify areas of improvement in processes and reporting.
- Plan, facilitate, and implement ad hoc analysis to support decision making, evaluate business initiatives and evaluate performance.
- Establish oneself as a trusted partner to peers and senior leaders with an intimate understanding of stakeholder requirements to run the business.
- Support the Accounting/Finance team and work with program leaders in completion of the annual budget.
- Analyze financial and operational results to better understand company performance.
- Analyze the trends relating to financial metrics such as revenue, expenditures, and profitability.
- Continually improving budgeting, financial projections, and operating forecast.
- Responsible for using exceptional analytical skills to analyze business trends and results and provide financial decision support.
- Advanced analytical skills at a level to lead interactions with senior management team
- Excellent verbal and written communication skills
- Highly detail-oriented
- Excellent interpersonal skills/team player
- Bachelor’s degree in Finance, Accounting, or other related field
- At least three years of financial analysis experience within the property & casualty insurance industry
- Proficient in MS Excel (pivot tables, formulas, etc.)
- Experience using relevant technologies to pull data (e.g. SQL, MS Access)
- Prolonged periods sitting at a desk and working on a computer.
- Must be able to lift 15 pounds at times.
- Must be able to navigate various departments of the organization's physical premises.