Senior Financial Analyst, FP&A

Verisk Analytics Inc

Jersey City, NJ

JOB DETAILS
SKILLS
Accounting, Accounting Close, Analysis Skills, Annuities, Automation, Big Data, Budget Management, Budgeting, Business Analysis, Business Intelligence Software, Business Model, Business Processes, Business Solutions, Channel Strategies, Claims Management, Claims Processing, Communication Skills, Corporate Finance, Cross-Functional, Customer Experience, Customer Support/Service, Data Analysis, Data Management, Data Quality, Detail Oriented, Expense Management, Finance, Finance Software, Financial Analysis, Financial Modeling, Financial Operations, Financial Planning, Financial Planning and Analysis (FP&A), Financial Reporting, Financial Risk, Financial Statements, Financial Strategy, Financial Systems, Financial Trend Analysis, Forecasting, Insurance, Journal Entries, Leadership, Life Insurance, Market Trend Analysis, Marketing Software, Matrix Management, Multitasking, NetSuite, Operational Expenditure (OPEX), Oracle, Organizational Skills, Performance Tuning/Optimization, Power BI, Presentation/Verbal Skills, Problem Solving Skills, Process Improvement, Profit & Loss Management, Property Maintenance, Reconciliation, Reinsurance, Reporting Dashboards, Risk, Risk Analysis, Risk Modeling, Sales, Software Administration, Standards Development, Strategic Planning, Sustainability, Tableau, Time Management, Underwriting, Variance Analysis
LOCATION
Jersey City, NJ
POSTED
30+ days ago

The Senior Financial Analyst will play a critical role in supporting financial planning, analysis, and reporting for our Claims Solutions Division. This is a hands-on and highly analytical role that will cross-functionally partner with our Accounting, Finance, Operations, and Sales teams. The Senior Financial Analyst will utilize advanced accounting principles and financial modeling techniques to provide insights that drive strategic decision-making and optimize financial performance. The ideal candidate excels in fast paced environments and possesses deep expertise in corporate finance, accounting, finance transformation, budgeting, forecasting, and financial modeling. Role is office-based in our Jersey City, NJ location, which has a flexible hybrid work model.

For over 50 years, Verisk has been the leading data analytics and technology partner to the global insurance industry by delivering value to our clients through expertise and scale. We empower communities and businesses to make better decisions on risk, faster.

At Verisk, you''ll have the chance to use your voice and build a rewarding career that''s as unique as you are, with work flexibility and the support, coaching, and training you need to succeed.

For the eighth consecutive year, Verisk is proudly recognized as a Great Place to Work for outstanding workplace culture in the US, the fourth consecutive year in the UK, Spain, and India, and the second consecutive year in Poland. In addition, we've been recognized by The Wall Street Journal as one of the Best-Managed Companies and by Forbes as a World's Best Employer, testaments to the value we place on workplace culture.

We're 7,000 people strong. We relentlessly and ethically pursue innovation. And we are looking for people like you to help us translate big data into big ideas. Join us and create an exceptional experience for yourself and a better tomorrow for future generations.

Verisk Businesses

Underwriting Solutions - provides underwriting and rating solutions for auto and property, general liability, and excess and surplus to assess and price risk with speed and precision

Claims Solutions - supports end-to-end claims handling with analytic and automation tools that streamline workflow, improve claims management, and support better customer experiences

Property Estimating Solutions - offers property estimation software and tools for professionals in estimating all phases of building and repair to make day-to-day workflows the most efficient

Specialty Business Solutions - provides an integrated suite of software for full end-to-end management of insurance and reinsurance business, helping companies manage their businesses through efficiency, flexibility, and data governance

Catastrophe and Risk Solutions - provides risk modeling solutions to help individuals, businesses, and society become more resilient to catastrophic events.

Marketing Solutions - delivers data and insights to improve the reach, timing,relevance, and compliance of every consumer engagement

Life Insurance Solutions - offers end-to-end, data insight-driven core capabilities for carriers, distribution, and direct customers across the entire policy lifecycle of life and annuities for both individual and group.

Verisk Maplecroft - provides intelligence on sustainability, resilience, and ESG, helping people, business, and societies become stronger

Verisk Analytics is an equal opportunity employer.

Verisk invests in a benefits package for all employees that includes the following: Health Insurance, a Retirement Plan, Disability benefits, and a Paid Time Off program. We offer a competitive total rewards package that includes base salary determined based on role, experience, skill set, and location.

All members of the Verisk Analytics family of companies are equal opportunity employers. We consider all qualified applicants for employment without regard to race, religion, color, national origin, citizenship, sex, gender identity and/or expression, sexual orientation, veteran''s status, age or disability. Verisk's minimum hiring age is 18 except in countries with a higher age limit subject to applicable law.

https://www.verisk.com/company/careers/

Unsolicited resumes sent to Verisk, including unsolicited resumes sent to a Verisk business mailing address, fax machine or email address, or directly to Verisk employees, will be considered Verisk property. Verisk will NOT pay a fee for any placement resulting from the receipt of an unsolicited resume.

Verisk Employee Privacy Notice

What We Look For in You:

  • 4-6 years experience in FP&A, strategic finance, or corporate finance with demonstrated P&L management
  • Proven track record managing operating expense budgets, driving forecasts and delivering variance analysis for business partners
  • Comfortable operating in ambiguity and building processes from scratch in a fast-growing environment
  • Strong financial modeling and analytical skills, with thorough knowledge of financial statements and accounting principles
  • Technical Proficiency: Advanced Excel, experience with planning tools (i.e. Anaplan, Oracle, Netsuite), and familiarity with BI tools for data analysis (PowerBI, Tableau, etc.)
  • Excellent communication and presentation skills, with the ability to convey financial information clearly to diverse audiences
  • Meticulous Attention to Detail: Committed to detail and accuracy, highly organized, and takes pride in delivering reliable work
  • Possesses a positive can-do attitude: Intellectually curious with ability to work well both independently and within a team environment
  • Strategic Business Partner: Strong experience collaborating with cross-functional teams within a highly matrixed organization
  • Self-starter Mindset: Proactive approach to identifying and resolving discrepancies or issues, with a focus on improving processes
  • Time Management: High degree of time management and demonstrates adaptability when changes are required. Ability to manage multiple priorities and meet deadlines in a fast-paced environment

#LI-LM03

#LI-Hybrid

Month-End Financial Close:

  • Manage the month-end close process for the Claims Business Unit and your specific areas
  • Conduct detailed variance analysis against budgets and forecasts
  • Work closely with the accounting and finance teams to ensure timely and accurate completion of month-end close activities, including journal entries, account reconciliations, and financial statement preparation
  • Review and validate financial data to ensure completeness and accuracy, resolving any discrepancies or issues promptly

Financial Modeling, Analysis & Reporting:

  • Develop, maintain and own comprehensive financial models that drive business decision-making and strategic planning
  • Prepare and present detailed financial reports to senior management, highlighting key insights, trends, and financial risks and opportunities
  • Assist in the development and review of presentation materials intended for Executives and the internal Claims Business Unit Leadership Team

Budgeting & Forecasting:

  • Take ownership of the annual budget, quarterly forecast and multi-year planning process for the Claims Business Unit and your business partners, ensuring deadlines and deliverables are met
  • Collaborate with Business Unit stakeholders to gather and analyze financial data for accurate budget and forecast development
  • Prepare and update financial forecast models, considering trends, market conditions, and company performance

Data Management and System Improvement:

  • Work closely with our corporate partners to maintain and enhance financial systems, as well as to ensure accuracy and integrity of financial data
  • Leverage advanced data analytics and financial software tools to support data-driven decision-making and improve reporting processes
  • Identify and drive process improvements, including the creation and enhancement of standard ad-hoc reports, presentations, and dashboards

Key Finance Business Partner:

  • Build strong relationships with partners, and work collaboratively with cross-functional teams to provide financial guidance and support for various projects and initiatives
  • Prepare and present analysis during business reviews, translating complex data into actionable insights

Month-End Financial Close:

  • Manage the month-end close process for the Claims Business Unit and your specific areas
  • Conduct detailed variance analysis against budgets and forecasts
  • Work closely with the accounting and finance teams to ensure timely and accurate completion of month-end close activities, including journal entries, account reconciliations, and financial statement preparation
  • Review and validate financial data to ensure completeness and accuracy, resolving any discrepancies or issues promptly

Financial Modeling, Analysis & Reporting:

  • Develop, maintain and own comprehensive financial models that drive business decision-making and strategic planning
  • Prepare and present detailed financial reports to senior management, highlighting key insights, trends, and financial risks and opportunities
  • Assist in the development and review of presentation materials intended for Executives and the internal Claims Business Unit Leadership Team

Budgeting & Forecasting:

  • Take ownership of the annual budget, quarterly forecast and multi-year planning process for the Claims Business Unit and your business partners, ensuring deadlines and deliverables are met
  • Collaborate with Business Unit stakeholders to gather and analyze financial data for accurate budget and forecast development
  • Prepare and update financial forecast models, considering trends, market conditions, and company performance

Data Management and System Improvement:

  • Work closely with our corporate partners to maintain and enhance financial systems, as well as to ensure accuracy and integrity of financial data
  • Leverage advanced data analytics and financial software tools to support data-driven decision-making and improve reporting processes
  • Identify and drive process improvements, including the creation and enhancement of standard ad-hoc reports, presentations, and dashboards

Key Finance Business Partner:

  • Build strong relationships with partners, and work collaboratively with cross-functional teams to provide financial guidance and support for various projects and initiatives
  • Prepare and present analysis during business reviews, translating complex data into actionable insights

About the Company

V

Verisk Analytics Inc