Financial Analyst Associate

Arbella 56 Group; United States; On-site; USD 60,000 - 65,000; Full time

Benefits offered by this job

Company nurse, nutritional counseling,

Mental health resources

Tuition assistance programs

Community volunteer opportunities

Training and mentorship programs

Professional/personal development

Job summary

Arbella is seeking a Financial Analyst Associate to join the Finance team in Massachusetts. The role reports to the Manager of Finance and focuses on Premium Analysis, Expense Allocation, and Competitor Analysis for the organization.

The candidate will work on Monthly Premium Reporting, ad hoc business line support, and annual planning. Knowledge of Workday and Adaptive Insights is a plus, with opportunities for growth and professional development.

Qualifications

• Bachelor's Degree in Finance, Accounting, or Economics required.
• 0-3 years of Finance experience preferred, internships desirable.
• Intermediate/Advanced Excel skills and the ability to learn cloud-based financial systems.
• Power BI a plus.

Responsibilities

• Draft monthly Premium Reporting: summarize revenue and analyze variances.
• Provide Ad Hoc support to business lines as needed.
• Perform quarterly Competitor analysis and summarize loss and premium comparisons.
• Complete year End Market Share results and summarize Loss Trend Analysis.
• Analyze expenses pre and post allocation for expense ratio contributions to product lines.
• Maintain annual planning Allocation model and assist with forecasts.
• Assist in Plan, Reforecast, and Three Year plan using Workday and Adaptive Insights.
• Collaborate with Personal, Commercial Lines and Actuarial for annual forecast and business plan.
• Develop and become fluent in Workday Reporting; create reports, dashboards, and scorecards.

Skills

Excel proficiency

Power BI

Education

Bachelor's degree in Finance or related field

Tools

Workday

Job description

At Arbella, we’re focused on people. We work hard to attract and retain the best. That means providing a great work environment, encouraging work/life balance, offering flexible work arrangements, and competitive salaries and benefits packages. We invest in our employees and encourage them to grow so that we, too, can grow as a company.

Other perks

• Company nurse, nutritional counseling, and mental health resources
• Tuition assistance programs
• Opportunities to get involved: Arbella Activities Committee, Diversity and Inclusion Council, and more
• A company committed to community: volunteer opportunities, employee-led community efforts, and the Arbella Insurance Foundation
• Robust training, mentorship, and professional/personal development programs
• Colleagues who genuinely care about each other

Arbella is committed to building a workplace that’s diverse, inclusive, and equitable for everyone. We’ve created a culture that supports a diverse workplace where all are valued for their talents and are empowered to reach their full potential. It’s no wonder our employees have voted Arbella one of the Boston Business Journal’s “Best Places to Work” every year since 2009!

The Financial Analyst Associate works under the direction of the Manager of Finance and plays a key role in Premium Analysis, Expense Allocation, and Competitor Analysis for the organization.

Key Responsibilities

• Monthly Premium Reporting: Draft summary of revenue for management by analyzing variances to plan and timing of booking.
• Provide Ad Hoc support to business lines when questions arise.
• Perform quarterly Competitor company analysis utilizing online competitor results, summarizing loss and premium comparisons.
• Complete year End Market Share results and summarize Loss Trend Analysis.
• Analyze all expenses pre and post allocation for expense ratio contributions to product lines.
• Maintain annual planning Allocation model.
• Support the development of the Plan, Reforecast, and Three Year plan utilizing Workday and Adaptive Insights programs.
• Ensure timely, high-quality assistance with the build process.
• Partner effectively with Personal, Commercial Lines and Actuarial in preparation of the annual forecast and business plan.
• Becomes an expert in the Workday ERP Finance system reporting capabilities: designs, implements, and trains where necessary various reports, dashboards, and scorecards.
• Become fluent in Workday Reporting.
• Exhibit strong verbal and written communication skills.
• Partakes in various financial projects as needed.
• Work closely in a team environment to meet all deadlines and prioritize workflow.

Key Requirements

• Bachelor’s Degree in Finance, Accounting, or Economics required.
• 0-3 years of Finance experience preferred, internships desirable.
• Intermediate/Advanced Excel skills and the ability to learn cloud-based financial systems.
• Power BI a plus.
• Excellent customer service, communication and collaboration skills.

This position is not eligible for immigration sponsorship now or in the future.

Our current reasonable and good faith estimate of the annual salary wage range for this position is approximately $60,000 to $65,000 based on a variety of factors including, but not limited to, relevant skills and experience, educational background and certifications, performance and qualifications, market demand for the role and other organizational needs.

Please note: The advertised pay range is not a guarantee or promise of a specific wage.

Arbella is a New England based company, and our offices are in Massachusetts and Connecticut.

We do not offer 100% remote positions.

Any candidate hired by Arbella must be interviewed in-person at our home office in Quincy, Massachusetts, before a job offer is extended.

Arbella will never ask for payment, personal banking details, or other sensitive information during the hiring process.