Finance Strategy Analyst

2 weeks ago


Chicago, Illinois, United States Georgia IT Inc Full time

Financial Analyst

Location:
Remote

Duration: 6 months CTH


Job Overview
The selected candidate will take charge of premium and customer retention forecasting analysis. Responsibilities include conducting financial assessments, generating financial reports, preparing presentations, and managing various ad-hoc projects. The role also involves reconciling actual outcomes against planned projections, identifying discrepancies, and communicating issues to management to prevent delays and additional costs.

KEY RESPONSIBILITIES:
- Oversee inputs and analyses of premium factors, ensuring timely completion of tasks.
- Prepare monthly and quarterly performance reports.
- Analyze actual financial results against planned forecasts.
- Develop presentation materials for management review.
- Assist in formulating expense budgets across departments.
- Manage claim payments, premium applications, journal entries, and commission tracking.
- Conduct monthly reconciliations of acquisition costs across various sources, investigating and resolving discrepancies.
- Perform ad-hoc financial modeling and analysis as requested by management.

CORE COMPETENCIES:
- **Problem Solving:** Employs a structured and logical approach to address complex issues, seeking root causes and gaining insights.
- **Analytical Thinking:** Defines problems, assesses their significance, gathers data, and utilizes analytical tools to identify meaningful patterns.
- **Initiative:** Proactively goes beyond job requirements, demonstrating self-motivation and a desire to contribute positively.
- **Results Orientation:** Executes plans effectively, remains accountable for outcomes, and persists in overcoming challenges.

REQUIRED SKILLS/EXPERIENCE:
- 3-5 years of relevant work experience.
- Proficient in Microsoft products, with exposure to software such as TM1, PeopleSoft, and Power BI being advantageous.
- Demonstrates initiative in identifying anomalies that require investigation and independently conducts research.
- Capable of presenting issues or tasks effectively through both verbal and written communication.

EDUCATIONAL BACKGROUND:
- Bachelor's degree in Business Administration, Accounting, or Finance is mandatory.
- A minimum of 5 years of experience in accounting or financial planning and analysis is required.
- Experience in public accounting and/or possession of CPA or MBA credentials is a plus.
- Familiarity with the insurance industry is beneficial.
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