Financial Analyst Associate

4 weeks ago

Quincy, United States Arbella Insurance Group Full time
Why Arbella?

At Arbella, we’re focused on people. We work hard to attract and retain the best. That means providing a great work environment, encouraging work/life balance, offering flexible work arrangements, competitive salaries and exceptional benefits packages. We invest in our employees and encourage them to grow so that we, too, can grow as a company.
Other perks include:
•On-site gym and fitness classes and one-on-one personal training
•On-site nurse, nutritional counseling, and mental health resources
•Full-service cafeterias
•Free shuttle service to Quincy Adams T Station
•Tuition assistance programs
•Opportunities to get involved: Arbella Activities Committee, Diversity and
Inclusion Council, and more
•A company committed to community: volunteer opportunities, employee-
led community efforts, and the Arbella Insurance Foundation
•Robust training, mentorship, and professional/personal development
programs
•Colleagues who genuinely care about each other

Arbella is committed to building a workplace that’s diverse, inclusive, and equitable for everyone. We’ve created a culture that supports a diverse workplace where all are valued for their talents and are empowered to reach their full potential.

It’s no wonder our employees have voted Arbella one of the Boston Business Journal’s “Best Places to Work” every year since 2009, and #1 in 2023

The Financial Analyst Associate works under the direction of the Manager of Finance and plays a key role in Premium Analysis, Expense Allocation, and Competitor Analysis for the organization.

Key Responsibilities:

Monthly Premium Reporting: Draft summary of revenue for management by analyzing variances to plan and timing of booking. Provide Ad Hoc support to business lines when questions arise.

Perform quarterly Competitor company analysis utilizing online competitor results, summarizing loss and premium comparisons. Complete year End Market Share results and summarize Loss Trend Analysis.

Analyze all expenses pre and post allocation for expense ratio contributions to product lines. Maintain annual planning Allocation model.

Support the development of the Plan, Reforecast, and Three Year plan utilizing Workday and Adaptive Insights programs. Provide timely and effective support to organization during the build process when asked upon. 

Partner effectively with Personal, Commercial Lines and Actuarial in preparation of the annual forecast and business plan.

Becomes an expert in the Workday ERP Finance system reporting capabilities: designs, implements, and trains where necessary various reports, dashboards, and scorecards. Become fluent in Workday Reporting.

Effective communication skills- communicate (written and oral) clearly and concisely even when addressing complex matters.

Partakes in various financial projects as needed

Work closely in a team environment to meet all deadlines and prioritize workflow

Key Requirements:

Bachelor’s Degree in Finance, Accounting, or Economics required.

0-4+ years of Finance experience required.

High Excel skills and the ability to learn cloud based financial systems. Power BI a plus.

Excellent customer service, communication and collaboration skills.

#LI-MG1

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