Senior Product Financial Risk Analyst

SWBC; Shavano Park (TX); On-site; USD 90,000 - 130,000; Full time

Benefits offered by this job

Competitive compensation

Work/Life balance

Career growth opportunities

Mentorship program

Continuing education

401(k) retirement plans

Job summary

SWBC is seeking a Senior Product Financial Risk Analyst to collaborate with senior leadership and actuaries to ensure accurate reserving and effective pricing of insurance products. You will develop data-driven risk insights with executive exposure and strategic influence, working with a diverse team of analysts and product leaders.

The role emphasizes quantitative analysis, communication of findings to business leaders, and mentoring other analysts while contributing to risk management across

Qualifications

• Bachelor's degree in quantitative analytics field as listed.
• Five years in an analytical role is required.
• Actuarial or insurance experience is required.
• Advanced knowledge of data analysis tools and techniques.
• Strong verbal and written communication skills.
• Ability to interact across levels and build relationships.

Responsibilities

• Apply quantitative analytical approaches to data-driven recommendations supporting business objectives.
• Collaborate with actuaries to estimate current risk exposure using statistical methods and indicators.
• Present complex data findings to senior leaders to inform decisions.
• Provide recommendations on the use of information.
• Identify and track financial risk factors from customers, operations, and industry signals.
• Mentor and educate other analysts and partners in complex financial analysis.

Skills

Data analysis

Communication

Collaboration

Education

Bachelor's degree in quantitative analytics (Accounting, Business Analytics, Actuarial Sciences, Finance, Economics, Statistics)

Advanced degrees and certifications

Job description

SWBC is seeking a talented individual to work with senior leadership and actuaries to ensure adequate reserving of insurance products and effective product pricing.

Why you'll love this role: In this role, you will be part of a diverse and collaborative team of financial analysts, data analysts, and product leaders. As a Senior Product Financial Risk Analyst, you will play a key role in developing and communicating the risk management position through data-driven insights utilizing internal and external data. This position gives significant executive exposure, business impact, and strategic influence.

Essential duties include the following:

• Applies innovative and scientific/quantitative analytical approaches to data driven recommendations supporting business objectives.
• Collaborates with actuaries to develop current risk exposure estimates utilizing statistical methods and industry/economic indicators.
• Effectively presents and communicates complex data findings to business leaders to help the organization meet challenges and achieve goals.
• Provides recommendations on the use of information.
• Identifies and track financial risk factors impacting from customer, operations and industry indicators.
• Supports financial recording, documentation and communication of financial risk decisions with accounting and external auditors.
• Manages Contingent Commission or other Profit Sharing agreements, internal recordings and reconciliations with carriers.
• Mentors, develops and educates other analysts and business partners in complex financial analysis.
• Performs all other duties as assigned.

Serious candidates will possess the minimum qualifications:

• Bachelor's degree in quantitative analytics field such as Accounting, Business Analytics, Actuarial Sciences, Finance, Economics, Statistics or related field.
• Relevant advanced degrees and certifications.
• Five (5) years in an analytical role required.
• Actuarial or Insurance experience required.
• Advanced knowledge of data analysis tools and techniques Verbal and written communication skills.
• Ability to communicate and interact effectively across levels and skillsets.
• Ability to work collaboratively and build relationships.

SWBC offers*:

• Competitive overall compensation package
• Work/Life balance
• Employee engagement activities and recognition awards
• Years of Service awards
• Career enhancement and growth opportunities
• Leadership Academy and Mentor Program
• Continuing education and career certifications
• Variety of healthcare coverage options
• Traditional and Roth 401(k) retirement plans
• Lucrative Wellness Program
• *Based upon employee eligibility

Additional Information:

SWBC is a Substance-Free Workplace and requires pre-employment drug testing. Please note, SWBC does not hire tobacco users as allowed by law.

To learn more about SWBC, visit our website at www.SWBC.com.

SWBC is a diversified financial services company providing insurance, mortgage, and investment services to financial institutions, businesses, and individuals.

Headquartered in San Antonio, Texas, SWBC employs 2,400 people nationwide.

At SWBC, you are not just an employee number, but a vital team member; each employee stands out and has the ability to make a direct impact at SWBC.

We’re looking for the brightest and most creative to help introduce new solutions to new problems identified in the market and improve how our existing solutions can better help our users.

SWBC is a big proponent of nurturing the entrepreneurial spirit through mentorship, continuing education, internal career growth opportunities and having a platform to make meaningful changes come to life.