Senior Financial Analyst

Banner Life family of companies; Frederick (MD); Hybrid; USD 93,200 - 128,075; Full time

Benefits offered by this job

Health insurance

401K with company match

Pension plan

Paid holidays

Job summary

Banner Life Insurance Company, a Banner Life family of companies, is seeking a Finance Analyst for a hybrid role in Frederick, MD. You will participate in monthly/quarterly forecasting, support FP&A, and develop analyses related to IFRS, capital, and expenses.

You will set KPIs, collaborate with department heads on staffing models, and identify opportunities to improve financial performance. The role emphasizes dashboard creation, data interpretation, and communication of trends to senior

Qualifications

• BS in Accounting or related field with emphasis in Accounting.
• MBA or advanced degree or CPA preferred
• 4–6 years progressive accounting experience
• Public accounting experience 2–5 years preferred
• Knowledge of GAAP and Statutory Accounting Principles
• Financial analysis experience preferred

Responsibilities

• Participates in the monthly/quarterly forecasting process for the corporation with a focus on creation of value-added commentary.
• Assists the Supervisor, FP&A, in managing the strategic and financial planning process.
• Develops and prepares financial analysis and reporting as needed as it relates to our IFRS, Capital and expense results.
• Sets and tracks KPIs and objectives.
• Works with department heads to develop a staffing model to analyze current and future staffing levels.
• Help recommend strategies for increasing financial performance.
• Conducts and leads special projects and ad hoc requests for Finance leadership and the corporation's Management Group.
• Assists with researching FP&A best practices; develops subject matter expertise in multiple FP&A areas.
• Assists in supporting development and assessment of projects including budget capacity/affordability; performs benefit realization analyses.
• Assists the Finance Data Warehouse Analyst in automation of reports and processes.
• Interprets large data sets and communicates trends; ensures data is gathered and verified.
• Designs analyses in dashboard format for senior management.
• Conducts other activities as assigned by management.

Skills

Analytical thinking

Problem solving

Organization

Communication

Independence

Flexibility

Education

BS Accounting

MBA

CPA

Tools

Power BI

SQL

Excel

Job description

Overview

At Banner Life Insurance Company, we lead with heart and ambition. Every day, we transform purpose into progress, guided by our unwavering commitment to be better for our customers, clients, and communities, not just today but long-term as well. Our people are the driving force behind everything we achieve. Their passion, purpose, and pursuit of innovation empower us to deliver cutting‑edge solutions that support those we serve, ensuring we are here for you, here for good and striving for better.

We're a forward‑thinking company energized by our work and how we show up for one another. Our culture is built on meaningful impact and genuine enjoyment, because we believe great work and great experiences should go hand in hand.

By offering career development opportunities, comprehensive benefits, and programs that support your wellbeing, we help you thrive personally and professionally. We are here for you, here for good and here for better.

Responsibilities

• Participates in the monthly/quarterly forecasting process for the corporation with a focus on creation of value‑add commentary.


• Assists the Supervisor, FP&A, in managing the strategic and financial planning process.


• Develops and prepares financial analysis and reporting as needed as it relates to our IFRS, Capital and expense results.


• Sets and tracks key performance indicators (KPIs) and objectives.


• Works with department heads to develop a staffing model which can be used to analyze current and future staffing levels.


• Help recommend strategies for increasing financial performance.


• Conducts and leads special projects and ad hoc requests for Finance leadership and the corporation's Management Group. Initiates and creates special projects for relevant items.


• Assists with researching Financial Planning & Analysis best practices; develops subject matter expertise in multiple FP&A areas.


• Assists in supporting development and assessment of projects and initiatives including budget capacity / affordability; performs benefit realization analyses for projects and initiatives to assess their performance-to-budget.


• Assists the Finance Data Warehouse Analyst in the automation of reports and processes.


• Interprets large sets of data and effectively communicate data trends; capable of applying knowledge to ensure data is carefully gathered and verified.


• Designs analyses in dashboard format for easy delivery to senior management.


• Conducts other activities as assigned by management.

Qualifications

Education

• BS Accounting or related field with emphasis in Accounting.


• MBA or advanced degree or Certified Public Accountant (CPA) preferred

Experience/Knowledge

• 4-6 years progressive accounting experience


• Public Accounting experience (2-5 years preferred)


• Knowledge of GAAP, Statutory Accounting Principles


• Financial analysis experience preferred

Skills

• Strong analytical and problem‑solving skills


• Well organized, innovative, and high level of initiative


• Detail oriented, able to manage several tasks with a high level of accuracy


• Excellent oral and written communication skills


• Demonstrated ability to work independently and establish priorities to meet tight deadlines


• Flexibility when working with changing deliverables


• Experience with Power BI preferred.


• Excellent PC skills (Excel, Word, SQL)


• Ability to interpret large volumes of data

What's in it for you?

The expected hiring compensation range for this position is $93,200 - $128,075 annually. This is a hybrid opportunity working in Frederick, MD.

The total compensation package for this position may include other elements, such as a sign‑on bonus, long term incentives, and annual bonuses. This role is eligible to participate in the Annual Incentive Plan. The current target payment for the position is 8% of base salary, modified for corporate and individual performance. Bonuses are pro‑rated based on start date. This role has 15 vacation days and 10 sick days that are accrued on a bi‑weekly basis. Employees also have 9 paid holidays throughout the calendar year*.*

We have a competitive compensation and benefits package focused on your overall wellbeing. Employee benefits include health, life, and dental insurance; 401K with company match up to 6% as well as a pension package; generous time off; and wellbeing initiatives throughout the year (we like doing fun stuff). We're big on professional development and we'll support and mentor you in your career progression and expect you to help us pay it forward by helping us develop tomorrow's leaders and growth‑focused professionals. We value our teams and our communities and believe in giving back. Enjoy time off to volunteer for those causes that matter most to you!

If hired, employee will be in an \"at‑will position\" and the Company reserves the right to modify base salary (as well as any other discretionary payment or compensation program) at any time, including for reasons related to individual performance, Company or individual department/team performance, and market factors. The Company reserves the right to change benefits plans at any time.

*We are an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, sex, gender, gender expression, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, perform essential job functions, and receive other benefits and privileges of employment. Please contact us to request accommodation.