Job Summary
The Senior Financial Analyst in Risk Management plays a critical role in supporting corporate insurance and surety programs through detailed financial analysis, data management, and reporting. Reporting to the Manager of Corporate Risk Management, this position involves performing analytical tasks with some supervision, collaborating across departments, and contributing to due diligence, audits, and special projects to mitigate risks and drive informed decision-making.
Key Responsibilities
- Support the oversight of corporate insurance and surety programs, including data collection, analysis, and trend reporting from third-party administrators, brokers, and internal systems.
- Leverage advanced Excel skills to create comprehensive financial reports, variance analyses, and data comparisons for monthly, quarterly, and year-end reconciliations.
- Gather, validate, and consolidate exposure data from various divisions and departments for insurance submissions and actuarial reviews.
- Collaborate with insurance brokers and actuarial firms to conduct financial data analysis and support monthly actuarial variance assessments.
- Assist in pre-acquisition due diligence and post-acquisition integration for mergers and acquisitions, ensuring accurate loss run data and exposure information.
- Develop and maintain integrated databases to monitor loss and exposure trends across all lines of coverage and corporate programs.
- Prepare for internal and external audits by compiling documentation and performing reconciliations.
- Manage department invoices, including journal entries and general ledger reconciliations, while handling basic accounting functions.
- Create PowerPoint presentations for senior leadership on key risk metrics and insights.
- Contribute to non-routine projects, process improvements, and other duties as assigned to enhance departmental efficiency.
Qualifications
Education : Bachelor's degree in Finance, Accounting, or a related field.Technical Skills : Advanced proficiency in Excel (including formulas, Pivot Tables, and data modeling); experience with databases and ERP systems (e.g., Oracle) preferred.Analytical Abilities : Strong problem-solving, critical thinking, and data analysis skills; detail-oriented with experience in automating reports.Communication : Clear and concise verbal and written communication; ability to prepare executive presentations.Professional Traits : Self-starter with creative thinking and independent work style; highly organized, dependable, and able to manage multiple concurrent assignments.Interpersonal Skills : Positive team player with a proactive attitude toward improving results.