Remote Financial Analyst - Insurance

Placements24; Willows (CA); Hybrid; USD 85,000 - 110,000; Full time

Benefits offered by this job

Competitive annual salary

Comprehensive health, dental, and 15%

Retirement savings plan with company

Generous paid time off and holidays

Professional development opportunities

Remote work environment with flexible

Home office stipend

Job summary

Placements24 is seeking a meticulous Financial Analyst to join their remote-friendly team, focusing on data analysis, financial modeling, and strategic planning for a major insurer. This fully remote role offers autonomy, collaboration tools, and a high-performance environment.

You will analyze financial performance, develop budgets and forecasts, present insights to management, and drive cost-saving initiatives using advanced Excel and ERP systems in a remote-first setup.

Qualifications

• Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field.
• Minimum of 3 years of experience in financial analysis, preferably in the insurance industry.
• Strong understanding of financial principles and accounting practices.
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, complex formulas).
• Experience with financial modeling and forecasting techniques.
• Familiarity with financial reporting software or ERP systems is a plus.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong communication and presentation skills, with the ability to convey complex financial information clearly.
• Proven ability to work independently and manage time effectively in a remote setting.
• High level of accuracy and attention to detail.

Responsibilities

• Develop financial models to support budgeting, forecasting, and long-range planning.
• Analyze monthly, quarterly, and annual financial performance against budget and forecast.
• Prepare variance analysis and provide insightful commentary on financial results.
• Support the development of the annual budget and periodic re-forecasts.
• Conduct ad-hoc financial analysis and modeling to support business initiatives.
• Prepare management reports and presentations on financial performance and outlook.
• Collaborate with various departments to gather financial data and understand business drivers.
• Identify opportunities for cost savings and process improvements.
• Assist in the evaluation of investment opportunities and strategic projects.
• Maintain strong internal controls over financial reporting processes.

Skills

Analytical thinking

Financial modeling

Communication

Remote work capability

Time management

Education

Bachelor's degree in Finance, Accounting, Economics, or related quantitative field

Tools

Excel

ERP systems

Job description

About the Role

Our client is seeking a meticulous and forward-thinking Financial Analyst to join their expanding operations in a fully remote capacity. This position is designed for professionals who excel in data analysis and financial modeling within the insurance sector and prefer the autonomy of a remote-first work environment. You will be instrumental in supporting strategic financial planning, budgeting, and forecasting processes. Your responsibilities will include analyzing financial performance, identifying key trends, and providing insightful recommendations to drive business decisions. This role offers a unique opportunity to contribute to the financial health of a prominent insurer from the comfort of your home office, with full support for remote work infrastructure and collaboration tools. We are dedicated to building a strong, connected, and high-performing remote team.

Key Responsibilities

• Develop financial models to support budgeting, forecasting, and long-range planning.
• Analyze monthly, quarterly, and annual financial performance against budget and forecast.
• Prepare variance analysis and provide insightful commentary on financial results.
• Support the development of the annual budget and periodic re-forecasts.
• Conduct ad-hoc financial analysis and modeling to support business initiatives.
• Prepare management reports and presentations on financial performance and outlook.
• Collaborate with various departments to gather financial data and understand business drivers.
• Identify opportunities for cost savings and process improvements.
• Assist in the evaluation of investment opportunities and strategic projects.
• Maintain strong internal controls over financial reporting processes.

Requirements

• Bachelor's degree in Finance, Accounting, Economics, or a related quantitative field.
• Minimum of 3 years of experience in financial analysis, preferably within the insurance industry.
• Strong understanding of financial principles and accounting practices.
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, complex formulas).
• Experience with financial modeling and forecasting techniques.
• Familiarity with financial reporting software or ERP systems is a plus.
• Excellent analytical, problem-solving, and critical thinking skills.
• Strong communication and presentation skills, with the ability to convey complex financial information clearly.
• Proven ability to work independently and manage time effectively in a remote setting.
• High level of accuracy and attention to detail.

Benefits

• Competitive annual salary.
• Comprehensive health, dental, and vision insurance.
• Retirement savings plan with company match.
• Generous paid time off and holidays.
• Professional development opportunities and training support.
• A truly remote work environment with flexible hours.
• Home office stipend or allowance.
• Regular virtual team-building activities.
• Opportunities for career growth within a progressive organization.