Senior Financial Analyst/Financial Analyst

3 weeks ago

Boston, United States Plymouth Rock Assurance Full time

Overview:

Senior Financial Analyst / Financial Analyst

The Financial Analyst will work closely with stakeholders within Plymouth Rock Assurance Corporation and across the various Enterprise Group teams to support strategic business planning and financial analysis. Primary responsibilities include generating term-end and mid-term reports of revenue and spend, maintaining a library of performance reports, analyzing results, developing tools to drive insights into financial results, providing aggregated and drill-down granular detail of all revenue and expense lines, handling and managing the improvement of the planning process, and engaging in improvement initiatives across Finance teams.

The ideal candidate thrives in a fast-paced environment, is proactive and intellectually curious, possesses the aptitude to work independently, and is self-motivated with an unrivaled work ethic. This role will contribute to the organizations success by driving complex financial analyses and projects that support ambitious growth and profitability goals.

Essential Functions and Responsibilities:

  • Serve as key financial business partner and influencer that supports and challenges the business and creates value by improving the quality of decisions.
  • Build and strengthen partnership with key stakeholders; develop a clear understanding of the key strategic and tactical priorities of the business and its functions.
  • Effectively link changes in operational decisions and strategies to expected financial outcomes. Perform analysis using complex data sets, make recommendations, and present to management.
  • Develop monthly results, forecasts, and budgets packages, provide effective analysis and insights as it relates to variances against budget, forecast, prior year, etc.
  • Develop financial plans and forecasts to support the execution of Independent Agent Groups goals. Drive key process improvement initiatives for the Independent Agent Group including driver-based expense forecasting and budgeting models.
  • Innovate and prioritize continuous improvement - proactively identify areas for improvements, propose solutions, and partner across the organization to execute.
  • Supporting the Independent Agent Group with analysis-based justification for the launch or continuation of business and/or technology strategic initiatives.

Qualifications and Education:

  • Bachelor's degree (Finance or Accounting preferred) or equivalent experience.
  • 1-2 years of financial/analytical experience with recognized high potential for advancement.
  • Accounting knowledge/skills preferred.
  • Insurance industry experience (life or P&C) strongly preferred.

Other Qualifications:

  • Communicates well with own team and across organizational boundaries to create alignment and ensure the successful completion of shared goals.
  • Superior analytical skills. Able to clearly link financial results to performance drivers, generate alternatives, and drive positive change.
  • Ability to anticipate, identify, and resolve complex financial issues.
  • Demonstrated proficiency with financial modeling.
  • Comfortable leading meetings and able to communicate issues and trends to senior management and other groups at the appropriate level of detail.

About the Company

The Plymouth Rock Company and its affiliated group of companies write and manage nearly $1.7 billion in personal and commercial auto and homeowners insurance throughout the Northeast and mid-Atlantic, where we have built an unparalleled reputation for service. We continuously invest in technology, our employees thrive in our empowering environment, and our customers are among the most loyal in the industry. The Plymouth Rock group of companies employs more than 1,800 people and is headquartered in Boston, Massachusetts. Plymouth Rock Assurance Corporation holds an A.M. Best rating of A-/Excellent.

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