Financial Planning Analyst

3 weeks ago


Chicago, United States Ryan Specialty Full time

JOB SNAPSHOT:
Employee Type:
Regular

**Location**:
Chicago - Illinois - Wacker

Secondary Location(s):
Position Summary:
Responsibilities: Conducts financial analysis to support decision-making, develops and updates financial projections and stress testing analysis as per established policies and procedures. Supports the preparation and submission of capital planning documentation and analysis in compliance with financial reporting standards and regulations. Conducts monthly, quarterly, and annual analysis of Profit & Loss (P&L) reports, providing comprehensive commentary on variances to budget, prior periods, and forecasts. Prepares and presents financial reports to management, executives, and other stakeholders in a clear and concise manner, highlighting key insights and trends. Identifies and implements enhancements to financial planning and analysis processes with the aim of reducing cycle time and improving quality of the management reporting processes. Analyzes and explains variances between forecasts vs actual financial results, investigates discrepancies by partnering with different teams to understand and address underlying issues. Analyzes historical financial data and industry trends to support budgeting decisions and assesses the financial implications of strategic initiatives while providing recommendations. Identifies key performance indicators (KPIs) for monitoring and financial reporting. Evaluates the financial performance of different insurance business segments and products and communicates data driven insights and improvements to stakeholders. Develops ad hoc financial analyses for management and business as required and assists in financial planning projects as requested by stakeholders. Identifies opportunities for cost optimization and efficiency improvements and collaborates with cross functional teams to implement cost-saving measures. Work Experience: Minimum of 1 year of experience in financial planning and analysis is preferred. Education: Bachelor’s degree required; Business Administration, Finance and Accounting preferred. Any other related discipline or commensurate work experience considered. Licenses & Certifications: Prescribed: NA Preferred: Certified Financial Planner (CFP), Chartered Financial Analyst (CFA) Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce that is reflective of society throughout the entirety of the organization. Our vision is an inclusive and equitable workplace where all employees are valued and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

Disclaimer

Ryan Specialty is an Equal Opportunity Employer

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional wellbeing goals. In addition to our comprehensive benefits package, we encourage a diverse workforce that allows you to manage your wellbeing and work/life balance. We understand that you have a life outside of work. That's why we offer paid time off for vacation, sick and personal days. In addition, we offer paid parental leave and paid company holidays.

Ryan Specialty values a diverse workplace where all colleagues feel empowered to be their authentic selves, and we are proud to be an equal-opportunity workplace. Ryan Specialty provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, creed, sex, sexual orientation, gender identity, national origin, age, disability, veteran, marital, domestic partner status, or other legally protected status. Ryan Specialty is committed to a diverse workforce.

The target salary range for this position is $62,000.00 - $81,375.00 annually.
- The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions._



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