CSAA Insurance Group (CSAA IG), a AAA insurer, is one of the top personal lines property and casualty insurance groups in the U.S. Our employees proudly live our core beliefs and fulfill our enduring purpose to help members prevent, prepare for and recover from life's uncertainties, and we're proud of the culture we create together. As we commit to progress over perfection, we recognize that every day is an opportunity to be innovative and adaptable. At CSAA IG, we hire good people for a brighter tomorrow. We are actively hiring for a Senior Financial Analyst – Claims Analytics! Join us and support CSAA IG in achieving our goals.
Your Role:
Financial Planning and Analysis (FP&A) serves as trusted strategic advisors to our business partners, providing financial counsel that drives sustainable and profitable growth for the organization. This role supports the Claims Services organization and focuses on claims analytics and financial drivers and performance including ULAE/ALAE analysis, and Loss control measures. Additionally, another core function associated with this role is direct financial support working with the Claims Value Stream on large strategic initiatives.
Your work:
• Monthly Close & Analytics: lead monthly close process through monthly reporting and analytics of Claims department operating expenses and loss adjustment expenses (LAE)
• Planning & Forecasting: assist with Claims department quarterly forecasting and 3-year planning process partnering with Claims leadership to build financial plans and forecasts and deliver actionable insights into plans, forecasts and expense (UW and LAE) budgets.
• Management Reporting: support management reporting and complex analysis of Claims departments initiatives and business outcomes targeted at reducing expenses and indemnity costs.
• Financial Modeling: partner with leaders in decision making process through ongoing business partnering and proactively providing strategic recommendations. Partner with other financial consultants/leaders on Value Stream business case development and Claims leaders on key assumptions, risk and opportunities and their corresponding financial impacts. Complex financial modeling to ensure profitable investments are made and delivered on.
• FP&A Transformation: continued support of our FP&A transformation initiatives highlighting areas of opportunity for the organization to deliver deeper insights and improve efficiency and effectiveness of the organization actively participating in the development and delivery of supporting tools and processes.
Required Experience, Education and Skills:
• 3+ years of financial planning experience within an insurance company; extensive knowledge and understanding of Claims financial processes, costs, and impacts on the overall Income Statement.
• Bachelor's degree in related area (i.e., Business Administration, Finance, Accounting, Economics) or an equivalent combination of education and experience.
• Industry Expertise: Understands the basics of claims (and operations) organizations and can apply ongoing financial analytics, planning and forecasting process.
• Financial Expertise: Demonstrated understanding of operational expense reporting (LAE in particular) and budgeting. Experience with a P&L and other financial statements.
• Business Partnering: Ability to partner with leaders across the organization to understand strategic priorities and influence strategic decision making in support of achieving financial goals. Supports business partners with a sense of urgency, desire to learn about the business and proactively provide recommendations.
• Storytelling: Demonstrated ability to clearly and concisely explain financial results through visuals and simple explanations of operational and financial drivers for board of director and C-suite level reporting.
• Technical: Demonstrated ability to operate with planning and reporting software (preferably Oracle cloud-based planning and Smartview), build simple reporting and diagnostic solutions to support ongoing analytics, and understanding of data management and governance principles.
What would make us excited about you?
• Actively shapes our company culture (e.g., supporting employee resource groups, mentoring employees, volunteering, joining cross-functional projects).
• Champions our cultural norms (e.g., willing to have cameras when it matters: helping onboard new team members, building relationships, etc.).
• Demonstrates a company ownership mindset, thinking beyond boundaries of their own area.
• Travels as needed for role, including divisional / team meetings and other in-person meetings.
• Fulfills business needs, which may include investing extra time, helping other teams, etc.
CSAA IG Careers
At CSAA IG, we’re proudly devoted to protecting our customers, our employees, our communities, and the world at large. We are on a climate journey to continue to do better for our people, our business, and our planet. Taking bold action and le
Location: United States (+45 others)
Posted: Oct. 14, 2024, 8:27 a.m.
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