Senior Financial Analyst-USA-EX

Starr Insurance Companies • $95K — $115K *

Chicago, IL 60629In-Person

Finance & Insurance

Less than 5 years of experience

Today

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Job Overview by Ladders

Qualifications

5-7 years of experience in financial analysis or related role
Expertise in insurance financial statements (income, balance sheet, cash flow)
Strong understanding of U.S. GAAP and Statutory Financial Accounting
Commercial Insurance experience preferred
Exceptional relationship building and influencing skills
Advanced degree in finance or economics; CPA is a plus
Detail-oriented with strong communication skills

Responsibilities

Direct and develop financial analysis and forecasting
Utilize Power BI to create KPI scorecards for performance measurement
Ensure integrity of accounting records and financial reports
Identify and expand strategic business opportunities
Prepare and manage business performance reviews for the Casualty Business Unit
Provide insights and recommendations on financial plan gaps
Lead the development of annual financial plans, including reserve analyses

Benefits

Opportunity to work at a strategic level within the organization
Access to advanced financial tools and technologies like Power BI
Engagement with management and executives on a daily basis
Work within a reputable Casualty business unit
Potential for career growth within a prominent insurance company

Full Job Description

The Sr Financial Analyst will serve as a key strategic advisor to several business units within the Casualty business unit. They will provide support that includes, but it not limited to, the following: providing forward-looking financial analysis, influencing decision-making, and shaping the financial direction of the business. The role play a central role in tracking and communicating actual financial performance, financial planning and forecasting, and performance optimization.

Our preference is for this position to be located in our New York or Chicago.

Key Responsibilities:

Direct and develop financial analysis, insights, planning and forecasting
Utilize Power BI and other tools to develop a balance scorecard of KPIs for measuring and improving BU performance.
Ensure the integrity of accounting records and financial management reports and manage the BUs Internal Control Framework activities
Identify, develop, and expand business opportunities and long-term strategic relationships
Prepare and manage business and performance reviews from the Finance perspective on behalf of the Casualty Business Unit
Provide business insight and recommended actions to address Plan gaps
Assist in the development and lead the process for annual financial plans, including, but not limited to, reserve analyses, direct expense budgets and SSU service levels and allocations
Works with management and executives on a daily basis

Preferred Qualifications:

Excellent finance and accounting skills with a command of insurance financial statements (i.e., income, balance sheet and cash flow) and financial and risk-adjusted return metrics. Preference for strong understanding of U.S. Statutory Financial Accounting, U.S. GAAP, reporting standards.
Commercial Insurance experience.
Strong relationship building skills at all levels with demonstrated ability to influence and engage stakeholders
Knowledge of business models, objectives, financial metrics, etc. used in decision-making; ability to build sound business cases to support innovative initiatives
Solid understanding of insurance business models and the company's market and business environment and how it impacts business decisions
Ability to identify improvement needs and drive improvements
Insurance industry experience
Detail oriented, strong prioritization and organizational skills
Strong verbal and written communication skills
Advanced degree in finance, economics or equivalent
CPA, a plus

About Starr Insurance Companies

Starr Insurance Companies Careers

There has never been a better time to join the global team of Starr Insurance Companies—the leading provider of insurance and investment solutions worldwide.

Work You’ll Do

Join Starr Insurance Companies' top-tier team to assist some of the most prestigious clients in navigating their risk management and insurance strategies. Transform the approach to global insurance solutions with the brightest minds at Starr Insurance Companies. This is where innovation meets industry expertise in a dynamic environment. Lead from a unique position in the marketplace, at the crossroads of deep industry knowledge and extensive insurance innovation. Engage with a worldwide network of professionals dedicated to redefining the future of insurance and risk management. Collaborate with a diverse and inclusive team, fostering a culture of professional growth and diversity training.

Introducing the Starr Insurance Companies Professional Growth Path

The team is committed to building a leading career development framework to help individuals master their professional journey within the insurance industry.

Do Innovative Work

Be part of a team that is at the forefront of industry innovation—delivering targeted solutions through a depth of expertise that is unmatched in the insurance sector.

Drive Innovation and Leadership

Develop and implement groundbreaking solutions on trusted platforms, enhancing Starr Insurance Companies' position as a leader in the insurance industry.

Be Part of a Great Team

Join a team that values diversity and leadership, working on a wide range of initiatives that harness the capabilities of Starr Insurance Companies' global presence.

Future-proof Your Career

Advance your career with limitless opportunities supported by unmatched training, development, and certification programs.

Explore

Discover how Starr Insurance Companies is leading the way in predictive analytics to revolutionize risk assessment and management solutions.

The Starr Insurance Companies Edge

With a commitment to innovation and leadership, Starr Insurance Companies helps clients tackle the challenges of today’s dynamic market. Clients globally turn to Starr Insurance Companies for strategic insights and solutions that drive growth and success in the insurance industry.

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