Financial Analyst

2 weeks ago


Chicago, United States Georgia IT Inc Full time
Financial Analyst -2
Location: Chicago, IL or Remote
Duration: 6 months CTH


Job description
This person will be responsible for leading premium and Customer retention forecasting analysis. He/she will perform financial analysis, reporting of financial information, presentation preparation and ad-hoc projects. Additionally, he/she will reconcile actual results against plan and projections, identifying and explaining variances. Communicate issues to management to mitigate delays, expenses and timing disruptions.

RESPONSIBILITIES:
Maintain inputs and analysis of Premium factors including ensuring deadlines are met and analysis is complete
Monthly and quarterly metrics reporting
nalyze actual results with comparison to plan and forecast
Prepare presentation materials for management
ssist with expense budgets for various departments
dminister claim payments, premium application, journal entries & appointment/commission tracking
Responsible for the monthly reconciliation of all acquisition costs across multiple sources, research and correction of out of balance items
d hoc modeling and financial analysis as directed by management

COMPETENCIES:
Problem Solving Takes an organized and logical approach to thinking through problems and complex issues; looks beyond the obvious to get at root causes; develops insight into problems, issues and situations
Analytical Thinking Approaches a situation or problem by defining the problem or issue; determining its significance; collecting data; using appropriate tools to disclose meaningful patterns in the data; making inferences about the meaning of the data; and using logic and intuition to arrive at conclusions or decisions
Initiative Willingly does more than is required or expected in the job; eager and willing to go the extra mile in terms of time and effort; is self-motivated and seizes opportunities to make a difference.
Results Orientation Effectively executes on plans, drives for results and takes accountability for outcomes; perseveres and does not give up easily in challenging situations; recognizes and capitalizes on opportunities; takes full accountability for achieving (or failing to achieve) desired results.

SKILLS/EXPERIENCE:
3-5 years of work experience
Has an applied technical foundation with Microsoft products and ideally has exposure to other software products (i.e.,TM1, PeopleSoft, Power BI)
Takes initiative to identify basic items that are out of pattern that warrant investigation and independently initiates research.
Comes to manager with complete result, has formed his/her views and has a recommended course of action. Can present an issue or task effectively either through verbal or written communication.

EDUCATION:
Bachelor's degree in Business Administration Accounting or Finance required
Minimum of 3 - 5 years of accounting or financial planning & analysis experience
Public Accounting experience and/or CPA or MBA designation a plus
Insurance industry experience beneficial

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