Sr. Business Analyst

AM Best Company$90K — $120K *
Finance & Insurance
5 - 7 years of experience
Job Overview by Ladders

Qualifications

  • Bachelor's Degree required in Finance, Accounting, Economics or related field
  • Minimum 5+ years of relevant experience in financial services or financial analysis
  • Experience in the insurance industry or at a rating agency preferred
  • Strong analytical and problem-solving skills
  • Proficiency in Microsoft Office Suite, especially Excel

Responsibilities

  • Gather, analyze, and validate financial data from AMB systems
  • Prepare recurring and ad hoc financial reports for senior management
  • Support budgeting and planning activities, including variance analysis
  • Develop and maintain financial models for pricing and business initiatives
  • Assist in managing client relationships and commercial discussions
  • Collaborate with internal teams for accuracy in financial data
  • Prepare materials and presentations for senior management

Benefits

  • Flexible and hybrid work arrangements
  • Paid time off and paid company holidays
  • Medical plan options with prescription drug plan
  • Dental and vision plan options
  • Flexible spending and health savings accounts
  • 401(k) plan with Roth option and company matching
  • Educational assistance program
Full Job Description
Benefits Summary
  • Flexible and hybrid work arrangements
  • Paid time off/Paid company holidays
  • Medical plan options/prescription drug plan
  • Dental plan/vision plan options
  • Flexible spending and health savings accounts
  • 401(k) retirement savings plan with a Roth savings option and company matching contributions
  • Educational assistance program
Overview

The Sr. Business Analyst is a member of the Business Development team and supports a range of financial and analytical activities within the group. The Sr. Business Analyst contributes to budgeting, pricing analysis and management reporting, while also supporting the team's interactions with rated clients. The position works closely with internal stakeholders and senior management to provide timely, accurate financial information and analysis to support business operations and decision-making.

Responsibilities

 Gather, analyze and validate financial data from AMB systems to support reporting and analysis Prepare recurring and ad hoc financial reports for senior management and the Board of Directors Support budgeting and planning activities, including variance analysis and performance tracking Develop and maintain financial models and analyses to support pricing and other business initiatives Assist in managing aspects of client relationships, including responding to inquiries and supporting commercial discussions via phone and email Collaborate with internal teams to ensure consistency and accuracy of financial data and reporting Participate in the preparation of materials and presentations for senior management updates Contribute to ongoing improvements in reporting processes and analytical tools

Qualifications

 Bachelors Degree required. Preferred areas of study are Finance, Accounting, Economics or related field Minimum of 5 + years of relevant experience in financial services, financial planning and analysis or related analytical role Experience in the insurance industry or at a rating agency is a plus

Skills Strong analytical and problem-solving skills with the ability to interpret financial data  Effective written and verbal communication skills with strong attention to detail  Ability to handle sensitive and confidential information with discretion  Demonstrated ability to support professional and constructive commercial interactions  Proficiency in Microsoft Office Suite, particularly Excel  General understanding of financial analysis, corporate finance and accounting principles  Ability to work independently as well as collaboratively within a team environment  Experience with data visualization or reporting tools (e.g. PowerBI) is a plus  Familiarity with capital markets or the ratings process is a plus  Knowledge of AM Best's products and services is a plus

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