Financial Modeling Analyst

Progressive; United States; Remote; USD 81,000 - 109,000; Full time

Benefits offered by this job

401(k) with dollar-for-dollar company

Medical, dental & vision

Wellness programs

Health care flexible spending accounts

Life insurance

Paid time off

Parental & family leave

Tuition assistance

Onsite gym

Job summary

Progressive is seeking a Financial Modeling Analyst for the Risk Capital & Enterprise Risk Management team. You will analyze risk capital, risk appetite, and key finance metrics to translate findings into actionable insights for business decisions.

Work with risk capital modeling, enterprise portfolio management, and reinsurance to mature our model governance and capital allocation processes. This remote US-based role requires occasional travel to Mayfield Village, OH.

Qualifications

• Minimum 6 years of analytical work experience, or a Bachelor's degree plus 5 years.
• Bachelor's degree or higher in a quantitative field with at least 3 years analytical experience.

Responsibilities

• Analyze risk capital, risk appetite, and finance metrics and translate findings into insights for business decisions.
• Collaborate with risk capital modeling, enterprise portfolio management, and reinsurance teams.
• Support and mature model governance and internal capital allocation initiatives.

Skills

Analytical thinking

Insurance knowledge

Education

Bachelor's degree or higher in a quantitative field

Tools

Python

SQL

SAS

R

Job description

Minimum qualifications

• A minimum of 6 years of analytical work experience.
• {OR} Bachelor's degree or higher and a minimum of 5 years of analytical work experience.
• {OR} Bachelor's degree or higher in a quantitative field of study and a minimum of 3 years analytical work experience.

Preferred skills

• Knowledge of insurance and of financial and capital metrics.
• Experience or coursework in financial modeling, risk management, pricing, product analysis, corporate finance, or a related area.
• Experience using Python.
• Experience with data manipulation using tools such as SQL, SAS, R, or similar tools.
• Strong analytical, problem-solving, and communication skills, with the ability to explain findings and collaborate across teams.

Compensation

• $81,400 - $108,500/year
• Gainshare annual cash incentive payment up to 30% of your eligible earnings based on company performance.

Benefits

• 401(k) with dollar-for-dollar company match up to 6%.
• Medical, dental & vision, including free preventative care.
• Wellness & mental health programs.
• Health care flexible spending accounts, health savings accounts, & life insurance.
• Paid time off including volunteer time off.
• Paid & unpaid sick leave where applicable, as well as short & long-term disability.
• Parental & family leave; military leave & pay.
• Diverse, inclusive & welcoming culture with Employee Resource Groups.
• Career development & tuition assistance.
• Onsite gym & healthcare at large locations.

As a financial modeling analyst on the Risk Capital & Enterprise Risk Management team, you’ll analyze risk capital, risk appetite, and finance metrics and translate your findings into insights that support business decisions. Working with the risk capital modeling, enterprise portfolio management, and reinsurance teams, you’ll contribute to internal capital adequacy and allocation initiatives andmature our model governance framework.

This is remote position for U.S.-based work only, requiring occasional travel to our headquarters in Mayfield Village, OH for meetings and/or training.

Energage recognizes Progressive as a 2026 Top Workplace for: Innovation, Purposes & Values, Work-Life Flexibility, Compensation & Benefits, and Leadership. Equal Opportunity Employer

Applicants must be authorized to work for any employer in the U.S. without the need or potential need of current or future sponsorship for employment. Progressive does not hire candidates with F 1 CPT, OPT or STEM OPT, H 1B, O 1, E 3, or TN statuses for this role.

We may use artificial intelligence (AI) tools to support parts of the hiring process, such as reviewing applications, analyzing resumes, or assessing responses. These tools assist our recruitment team but do not replace human judgment. Final hiring decisions are ultimately made by humans. If you would like more information about how your data is processed, please contact us.