Senior Product Financial Risk Analyst

SWBC

$95K — $115K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's degree in quantitative analytics field (e.g., Accounting, Business Analytics, Actuarial Sciences, Finance)
  • Relevant advanced degrees and certifications
  • Minimum of five years in an analytical role
  • Required experience in actuarial or insurance sectors
  • Proficient in data analysis tools and techniques
  • Effective verbal and written communication skills
  • Ability to build relationships and work collaboratively

Responsibilities

  • Apply innovative analytical approaches to support business objectives
  • Collaborate with actuaries to estimate risk exposure
  • Present and communicate complex data findings to leadership
  • Identify and track financial risk factors
  • Support the documentation and communication of financial decisions
  • Manage contingent commission and profit-sharing agreements
  • Mentor and educate analysts and business partners

Benefits

  • Competitive overall compensation package
  • Work-life balance
  • Employee engagement activities and recognition awards
  • Years of Service awards
  • Career enhancement and growth opportunities
  • Leadership Academy and Mentor Program
  • Continuing education and certifications
  • Variety of healthcare coverage options
  • Traditional and Roth 401(k) retirement plans
  • Lucrative Wellness Program
Full Job Description

SWBC is seeking a talented individual to work with senior leadership and actuaries to ensure adequate reserving of insurance products and effective product pricing.

Essential duties include the following:

  • Applies innovative and scientific/quantitative analytical approaches to data driven recommendations supporting business objectives.
  • Collaborates with actuaries to develop current risk exposure estimates utilizing statistical methods and industry/economic indicators.
  • Effectively presents and communicates complex data findings to business leaders to help the organization meet challenges and achieve goals.  Provides recommendations on the use of information.
  • Identifies and track financial risk factors impacting from customer, operations and industry indicators.
  • Supports financial recording, documentation and communication of financial risk decisions with accounting and external auditors.
  • Manages Contingent Commission or other Profit Sharing agreements, internal recordings and reconciliations with carriers. 
  • Mentors, develops and educates other analysts and business partners in complex financial analysis.
  • Performs all other duties as assigned.

Serious candidates will possess the minimum qualifications:

  • Bachelor's degree in quantitative analytics field such as Accounting, Business Analytics, Actuarial Sciences, Finance, Economics, Statistics or related field.
  • Relevant advanced degrees and certifications.
  • Five (5) years in an analytical role required.
  • Actuarial or Insurance experience required.
  • Advanced knowledge of data analysis tools and techniques
  • Verbal and written communication skills.
  • Ability to communicate and interact effectively across levels and skillsets.
  • Ability to work collaboratively and build relationships.

SWBC offers*:  

  • Competitive overall compensation package
  • Work/Life balance 
  • Employee engagement activities and recognition awards 
  • Years of Service awards
  • Career enhancement and growth opportunities 
  • Leadership Academy and Mentor Program
  • Continuing education and career certifications 
  • Variety of healthcare coverage options
  • Traditional and Roth 401(k) retirement plans 
  • Lucrative Wellness Program

*Based upon employee eligibility 

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