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Finance Rotational Associate

4 months ago

Cedar Rapids, United States United Fire & Casualty Full time

UFG is currently hiring for a Finance Rotational Associate to be part of a 3-year rotational program focused on developing and advancing financial, technical and leadership skills within 3 of the following core financial disciplines: Internal Audit; Financial Accounting; Financial Reporting; Planning & Performance Management, Reinsurance Accounting, and Tax. Though responsibilities vary depending on the team assignment, this role generally performs functions to identify and solution issues to ensure accuracy and compliance; to enhance existing processes; and to identify and implement process improvements in partnership with Finance teammates and business units across the Company.

Responsibilities:

Responsibilities will vary based on specific Finance team placement. Key responsibilities consistent across Finance teams include but are not limited to:

  • Independently understand and document key tasks and projects within each assigned function, with accountability to meet recurring deliverable timelines
  • Provide external audit workpapers and support as requested both internally and externally
  • Participate in and provide individual deliverables to special projects and critical initiatives related to strategic portfolio topics
  • Prepare journal entries and complete account reconciliations to ensure accuracy
  • Identify and investigate accounting and reporting issues, bringing recommended solutions to the team for discussion and resolution
  • Partner with business units and enabling functions to develop solutions that enhance customer personalization, process efficiency, risk segmentation and product development related to financial results and/or controls
  • Create and analyze weekly, monthly, quarterly and/or annual reports to provide enhanced transparency and visibility to financial and operational metrics
  • Create and deliver presentations that provide insightful analysis, identify actions and frame decisions to be made
  • Identify, develop, and implement process improvements in business-as-usual activities to increase efficiencies and reduce handoffs, aligning with Finance priorities to improve reporting timelines
Qualifications:

Education:
  • Bachelor's degree in statistics, accounting, finance, or related discipline required
Experience:
  • 0-2 years of finance, accounting, or business analytics experience preferred. Property and casualty insurance experience preferred but not required
Preferred Experience:
  • Insurance industry experience
  • Previous corporate internship experience
  • Aptitude for automation and process improvement
  • General ledger or accounting transactional experience
  • Experience with Microsoft Office 365 products
Knowledge, Skills & Abilities:
  • General knowledge of accounting, finance and general business operating principles
  • Strong written and oral communication skills
  • Meticulous and well-organized, with excellent analytical skills
  • Self-starter and great teammate with a high level of initiative, strong work ethic and the ability to capture, synthesize, organize and report information
  • Ability to multi-task and manage priorities in a fast-paced and deadline-driven environment
  • Intellectual curiosity
Working Conditions:
  • Hybrid work arrangement with the expectation of in-office attendance at least twice per week