Financial Analyst (Hybrid)

Mapfre; Webster (MA); On-site; USD 58,000 - 81,000; Full time

Benefits offered by this job

PTO and personal time

401(k) with company match

Medical, dental, vision coverage

FSA/HSA and wellness programs

Job summary

Mapfre in Worcester is seeking a financial analyst to help drive budgeting, forecasting, and financial analysis across the organization. You will partner with senior leaders to uncover spending trends and provide insights to guide decision-making.

The role emphasizes collaboration with multiple business areas, process improvements, and exposure to financial reporting and cross-functional analysis. A strong Excel/Word skillset and SAP experience are valued.

Qualifications

• Bachelor’s degree in accounting or finance required.
• Analytical experience and understanding of basic accounting terms.
• Proficient in Microsoft Excel and Word; SAP experience is a plus.

Responsibilities

• Support development of annual budgets and forecasts by analyzing historical trends and cost drivers.
• Analyze actual results against forecasts to identify variances and opportunities for improvement.
• Prepare and present monthly/quarterly financial reporting packages with actionable insights.
• Perform accounting activities including journal entries, accruals, reconciliations, invoicing, and GL maintenance.
• Collaborate with department leaders to understand spending patterns and optimize cost allocations.

Skills

Analytical skills

Excel

Word

SAP experience

Interpersonal communication

Education

Bachelor’s degree in accounting/finance

Associates degree equivalent + 4-6 years

Tools

SAP

Job description

Join a collaborative and highly visible finance team where you'll play a key role in budgeting, forecasting, financial analysis, and accounting operations. In this position, you'll leverage data to uncover spending trends, provide meaningful business insights, and help guide financial decision‑making across the organization.

This role offers the opportunity to partner with senior leaders, gain exposure to multiple business areas, and drive process improvements that enhance efficiency and support organizational growth. You'll also develop expertise in financial reporting and cross‑functional financial analysis while contributing to impactful projects and strategic initiatives.

Responsibilities

• Support the development of annual budgets and financial forecasts by analyzing historical trends, key cost drivers, and business initiatives.
• Analyze actual financial results against forecasts and budgets, identifying key variances, trends, and opportunities for improvement.
• Prepare and present monthly and quarterly financial reporting packages, providing actionable insights to business leaders and stakeholders.
• Perform a variety of accounting and financial reporting activities, including journal entries, accruals, account reconciliations, invoicing, and general ledger maintenance.
• Partner with Business Controllers and department leaders to understand spending patterns, optimize cost allocations, and identify potential cost‑saving opportunities.
• Champion continuous improvement by evaluating existing processes, recommending enhancements, and supporting automation initiatives that increase efficiency and reduce costs.
• Collaborate directly with senior management across multiple departments, providing financial analysis and guidance to support business objectives.
• Serve as a key resource for internal and external auditors, insurance department examiners, and other stakeholders by providing accurate financial information and reporting.
• Develop and maintain process documentation to support training, knowledge sharing, and business continuity.
• Participate in special projects and strategic initiatives that contribute to the organization's ongoing success.

Qualifications

• 2 - 4 years - or Associates Degree equivalent plus 4 - 6 years.
• Requires a Bachelor’s degree, with a degree in accounting or finance preferred.
• Minimum of two (2) years analytical experience and a solid understanding of basic accounting terms.
• Excellent interpersonal and written communication skills.
• Ability to work independently and within a group. Intermediate knowledge and skills in Microsoft Excel and Word required. SAP experience a plus

Why Mapfre?

As a global insurance leader with a strong local presence, we offer more than a job — we provide a purpose‑driven career where your growth, well‑being, and impact truly matter.

Purpose & Culture

Join a company built on trust, collaboration, and inclusion. Our values guide everything we do, creating a workplace where people feel respected and empowered.

Career Growth

Advance your skills through tuition reimbursement, leadership programs, and internal mobility opportunities. Your development is our priority.

Social Responsibility

Contribute to meaningful initiatives through Fundación Mapfre, supporting communities and sustainability worldwide.

Pay Transparency

The typical starting salary range for this role is determined by several factors including skills, experience, education, certifications, and location. Some roles at Mapfre are eligible for commission and/or bonus earnings, in addition to salary, calculated based upon factors set forth in the compensation plan for the role.

Salary Range: $58,000 - $ 81,000

Benefits Highlights

• Paid Time Off (PTO): A flexible PTO program that combines vacation, personal, volunteer and sick time into one convenient bank of paid time off.
• 401(k) & Profit Sharing: Eligible employees may participate in Mapfre's 401(k) plan that includes company matching contributions up to certain amounts under the terms of the plan.
• Medical, Dental and Vision Coverage: Choice of comprehensive medical, dental and vision insurance coverage under group plans offered by the company.
• Other Benefits Include: STD, LTD, Life Insurance, FSA, HSA and various wellness programs

Benefits provided are subject to the terms and conditions of the applicable benefit plan or policy. The Company reserves the right to alter, amend, or terminate benefits in its sole discretion. To learn more about our benefit offerings please visit: https://mapfre.gobenefits.net/

If you require a reasonable accommodation during the application or selection process, please contact the Mapfre Talent Acquisition team at [e-mail]. Mapfre is proud to be an Equal Opportunity Employer.

Nearest Major Market: Worcester Job Segment: Financial Analyst, Accounting, Financial, Strategic Planning, Recruiting, Finance, Strategy, Human Resources