This job is closed
We regret to inform you that the job you were interested in has been closed. Although this specific position is no longer available, we encourage you to continue exploring other opportunities on our job board.
Dowc - Parsippany-Troy Hills, NJ
posted 24 days ago
Full-time - Entry Level
Onsite - Parsippany-Troy Hills, NJ
About the position
The Financial Analyst position at Dealer Owned Warranty Company LLC focuses on analyzing and improving the performance of insurance portfolios. This role involves working closely with the CFO and insurance finance leadership to provide insights that directly impact the company's performance. The analyst will conduct loss ratio analysis, manage runoff calculations, and prepare monthly reports, among other responsibilities.
Responsibilities
- Conduct weekly or bi-weekly high loss ratio analysis and present actionable recommendations.
- Manage runoff calculations for mature portfolios.
- Prepare a monthly report comparing expected vs. actual loss ratios for business review.
- Update rate cards based on portfolio analysis.
- Maintain organized work papers for each review.
- Continuously explore trends and improve future analyses.
Requirements
- Bachelor's degree in Actuarial Science, Mathematics, Statistics, Finance, or a related field required.
- Strong math and statistical analysis for insurance risk.
- Proficiency in financial reporting and data communication.
- Highly organized and able to manage routine and ad hoc analysis.
- Ability to work independently and collaboratively.
- Excellent written and verbal communication skills.
Nice-to-haves
- Progress toward actuarial exams (SOA or CAS) is preferred but not required.
- Additional qualifications such as CFA, CPA, CMA or FRM certifications are a plus.
Benefits
- 401(k)
- 401(k) matching
- Dental insurance
- Health insurance
- Life insurance
- Paid time off
- Vision insurance
