Senior Financial Analyst, Technical Close
About the position Responsibilities • Review quarterly estimates for accuracy including recalculations of premiums, commissions, reinstatements etc. • Investigate possible anomalies during analysis of the PL for the portfolio and prepare adjusting entries (Assistance Entry “AE”) for booking into the reinsurance system, OMEGA, when needed. • Monitor large loss movements and enter adjusting entries (“AE”) for changes in additional case reserves. • Run the closing BO control reports during closing period and evaluate balance movements for accuracy. Coordinate with Group Closing to book adjustment entries to the reinsurance system. • Provide a comprehensive and informative analysis for the quarterly internal landing P&L results with an emphasis on Division, Line of business, Underwriting office, and Comparison to plan. • Analyze financial results (both balance sheet and P&L, consolidated and standalone) including the production of quarterly detailed analysis. • Analyze Cash Flow inputs to identify material movements and formulate commentary for the Clearance TouchPoint presentation. • Comply with all closing internal controls, supported with comprehensive documentation and a clean audit trail. • Special projects as assigned by Dept. head. Requirements • College Degree required, preferably in Finance or Accounting. • Finance, Accounting and/or financial analysis experience in the financial services industry and/or public accounting firms. • Effective understanding of financial technical closing process, project management techniques, and can demonstrate problem solving and analytical skills. • Proficient in Microsoft Suite including creating and delivering effective PowerPoint presentations, with the ability to convey complex information in a clear, visually engaging manner. • Advanced proficiency in Excel is essential including expertise with formulas and pivot tables to analyze and interpret data efficiently. • Shows business maturity, has strong presence, and possesses good written and verbal communication skills. • Ability to work collaboratively and cross functionally with business segments and other finance departments. • Demonstrates accountability by following through on commitments and effectively manage competing priorities to meet deadlines. • Candidates must have valid authorization to work in the U.S. without the need for employer sponsorship now or in the future. Nice-to-haves • An understanding of accounting, statutory principles and the insurance/reinsurance industry. Benefits • Health insurance coverage • Life and disability insurance • Retirement saving plan • Paid holidays • Paid time off • Annual bonuses • Short- and long-term incentives Apply tot his job