Core Specialty - Cincinnati, OH

posted 2 months ago

Full-time - Entry Level
Cincinnati, OH

About the position

This position is a part of our Core Specialty Leaders in Training, full-time early careers, leadership development program. The Leader in Training, FP&A Analyst will be a key participant in the creation of the company's annual budgets and long-term plans. This role involves preparing detailed financial analysis against budgeted, forecasted, and prior period results, as well as developing Key Performance Indicators (KPIs) that will provide management with analytical tools to establish goals and measure the performance of the company. The FP&A Analyst will act as a financial business partner to cross-functional areas of the organization, ensuring that financial insights are effectively communicated and utilized in decision-making processes. As the FP&A Analyst, you will be involved with various key accountabilities and deliverables, including revenue planning, loss ratio planning, long-term capital planning, and actuals versus plan reports. You will prepare timely and accurate monthly reporting and variance analysis for key financial and operational metrics, gaining an understanding of performance drivers against budget, forecast, and prior periods. Building relationships with business leaders will be essential, as you will become a trusted partner who can identify trends and recommend actions based on financial analysis. Additionally, you will build out, analyze, and communicate the results of strategic initiatives, articulating their impact on the overall business based on performance. Strong ad-hoc financial and business decision support will also be a critical aspect of this role.

Responsibilities

  • Participate in the creation of the company's annual budgets and long-term plans.
  • Prepare detailed financial analysis against budgeted, forecasted, and prior period results.
  • Develop KPIs to provide management with analytical tools for goal establishment and performance measurement.
  • Act as a financial business partner to cross-functional areas of the organization.
  • Engage in revenue planning, loss ratio planning, and long-term capital planning.
  • Prepare timely and accurate monthly reporting and variance analysis for key financial and operational metrics.
  • Build relationships with business leaders to identify trends and recommend actions based on financial analysis.
  • Analyze and communicate results of strategic initiatives and their impact on overall business performance.
  • Provide strong ad-hoc financial and business decision support as needed.

Requirements

  • Bachelor's Degree in Finance or Accounting required.
  • P&C insurance experience preferred.
  • Strong time management skills and ability to meet tight deadlines with limited supervision.
  • Demonstrated ability to be proactive, analytical, and use critical and strategic thinking to solve complex problems.
  • Initiative in seeking ways to improve processes and data analysis.
  • Strong collaboration skills to establish key partnerships with stakeholders.
  • Excellent communication, organizational, and interpersonal skills.

Nice-to-haves

  • Experience in the insurance industry, particularly Property and Casualty (P&C) insurance.

Benefits

  • Wellness program
  • Health savings account
  • Disability insurance
  • Health insurance
  • Dental insurance
  • Flexible spending account
  • 401(k) with 6% match
  • Employee assistance program
  • Vision insurance
  • 401(k) matching
  • Opportunities for advancement
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