Insurance Financial Analyst II

Other Elective/Insurance Comm; Dover (DE); On-site; USD 65,000 - 85,000; Full time

Job summary

Other Elective/Insurance Comm is seeking an Insurance Financial Analyst II to analyze financial statements, audit reports, and holding company information for insurance entities under state regulation. The role involves applying SAP/GAAP accounting principles, researching intercompany transactions, and preparing leadership-ready analysis reports.

The position offers professional development within Delaware state government and a clear path to advancement through mentorship and structured growth

Qualifications

• Bachelor's degree in Accounting, Finance, Business Administration or related field.
• Two years' experience in accounting using SAP and/or GAAP.
• Two years' experience compiling, analyzing and interpreting financial data.
• Two years' experience interpreting and analyzing financial reports.
• Six months' experience interpreting laws, rules, regulations, standards, policies, and procedures.

Responsibilities

• Analyze financial statements, audit reports, and holding company information for insurance entities.
• Apply accounting principles to identify financial risks and research affiliated-entity transactions.
• Prepare analysis reports for leadership review and decision making.

Skills

SAP accounting

GAAP interpretation

Financial analysis

Education

Bachelor's degree in Accounting, Finance, Business Administration or related field

Job description

The Insurance Financial Analyst II role involves analyzing financial statements, audit reports, and holding company information for insurance companies under state regulation. The position requires applying accounting principles to identify financial risks, researching transactions between affiliated entities, and preparing analysis reports for leadership review. This career-ladder role offers professional development, mentorship, and a clear path to advancement within Delaware state government.

Key qualifications:

• Bachelor's degree in Accounting, Finance, Business Administration or related field
• Two years' experience in accounting using Statutory Accounting Principles (SAP) and/or Generally Accepted Accounting Principles (GAAP)
• Two years' experience compiling, analyzing and interpreting financial data
• Two years' experience interpreting and analyzing financial reports
• Six months' experience interpreting laws, rules, regulations, standards, policies, and procedures