Life & Group Senior Financial Analyst

CNA Insurance; Chicago (IL); Hybrid; USD 54,000 - 103,000; Full time

Benefits offered by this job

Comprehensive benefits

Job summary

CNA Insurance in Chicago is seeking a Finance Analyst to deliver in-depth income statement and operational insights. You will build analyses to contextualize performance against goals and partner with actuarial, accounting, and operations teams.

You will prepare monthly reporting packages, support the annual financial planning process, and drive automation of reporting workflows. A Bachelor's degree and 3+ years in finance are required, with a hybrid work schedule from our Chicago office.

Qualifications

• Minimum 3+ years of finance or analytical experience.
• Bachelor's degree in business, economics, finance, or accounting.
• Strong analytical and reporting capabilities.

Responsibilities

• Develop financial performance analyses and context for management.
• Prepare monthly financial reporting packages and explain results.
• Support planning process with actuarial and operations teams.
• Improve processes with automation and data insights.

Skills

Strong accounting/finance knowledge

Advanced Excel modelling

BI Tools

ETL Tools

Cloud ERP

Communication with leadership

Education

Bachelor's degree in business/economics/finance/accounting

Tools

Tableau

Power BI

Looker

SQL

Alteryx

Workday

Adaptive

Google Cloud

Job description

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. CNA’s Long-Term Care (LTC) business unit is not your typical slow moving insurance company; we have the resources of a large company behind us and operate with a start-up mindset. With a team of over 50 across multiple insurance disciplines of Operations, Claim, Anti-Fraud, Finance, Actuarial and Data Analytics, we move quickly and have clear insight into how we make an impact. With approximately $14b in reserves serving 300k policyholders, CNA’s LTC business is an important strategic priority for CNA. This is an exciting opportunity to leverage financial expertise to support critical business processes and assist in advising business partners. Come work in a highly collaborative environment with key internal leaders and stakeholders to support profitability and risk mitigation strategies. Use your financial skillset and strengths to deliver deeper insights into income statement results and operational metrics, optimize and streamline reporting and processes, build out new analytical resources, participate in special projects, and be a key player in financial and operational forecasts and plans. This position works a flexible hybrid schedule from the CNA Chicago office (151 N Franklin St.) with a focus on professional development

JOB DESCRIPTION:

Essential Duties and Responsibilities

• Performs a combination of duties in accordance with departmental guidelines:
• Develop results analysis to contextualize performance against business unit financial and operational goals
• Prepare monthly financial reporting results packages and support analysis to explain income statement results in close collaboration with Actuarial and Accounting partners
• Prepare monthly management reporting results packages and supporting analysis in support of Claim and Operations leadership’s oversight of CNA’s third-party administrators who manage CNA’s claims and policyholder interactions
• Participate in annual financial planning process and reporting in close partnership with Actuarial and Operational teams
• Manage monthly expense forecast assembly and reporting to enable informed decisions and contextualize business trajectory
• Analyze company performance to generate insights relative to peer companies
• Leverage financial expertise to recognize and resolve emerging issues, independently investigate anomalies and variances in data
• Support decision-makers through effective verbal and written communication
• Synthesize key insights, clearly and concisely communicating them with actionable recommendations to senior leadership
• Drive process improvement and automation
• May perform additional duties as assigned.

Reporting Relationship

Typically Director or above

Skills, Knowledge and Abilities

• Strong knowledge of corporate and departmental accounting/finance practices, procedures and principles as well as solid knowledge of an insurance organization and industry
• Advanced modeling skills including proficiency in Excel and analysis tools
• Track record of delivering results with a high degree of accuracy
• Ability to work independently and self-motivate in a rapidly changing environment
• Ability to work with senior business partners within established deadlines
• Familiarity with emerging AI technologies and a track record of incorporating them into workflows to enhance productivity and decision-making
• Experience with BI tools, such as Tableau, PowerBI, or Looker
• Experience with ETL tools, such as SQL or Alteryx, preferred but not required
• Experience with Workday, Adaptive, and Google Cloud, preferred but not required

Education and Experience

Bachelor's degree in business, economics, finance, accounting, or equivalent 3 or more years of finance experience or a related analytical field with progressively increasing levels of responsibility

#LI-MR1 #LI-Hybrid

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia, California, Colorado, Connecticut, Illinois, Maryland, Massachusetts, New York and Washington, the national base pay range for this job level is $54,000 to $103,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location.

CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA’s benefits, please visit cnabenefits.com.

CNA utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page.

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [e-mail]

At CNA, we are focused on success, individually and collectively. We pride ourselves on promoting a culture that challenges and engages people. We strive to connect people, departments and business areas, to function as a team, and to serve our customers and communities with professionalism and respect. Our dedication to employee engagement, continuous learning and the open exchange of ideas is the cornerstone of our business. These ideals, combined with our focus on the customer, enable us to explore new market opportunities and build on our success. Our values, culture and financial strength are what differentiates us from other employers and make CNA the place you want to work. At CNA, we are committed to advancing a culture of inclusion – one that attracts talent from all walks of life, foster respect and collaboration, and enables all of our colleagues to do their best work. At CNA, we have a long standing commitment to the diverse communities in which we live and work. We actively make a difference for the greater good through partnerships, sustainability, initiatives, and working together for a better tomorrow. Corporate Social Responsibility is not one person, or one department, it's the entire enterprise coming together to make the world a better place.