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Financial Analysis Specialist

Employer
Great American Insurance Group
Location
Newport, USA
Salary
Competitive
Closing date
Oct 20, 2024
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Job Function
Accounting/Audit/Tax
Industry Sector
Finance - General
Employment Type
Full Time
Education
Bachelors
Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value diversity and recognize the benefits gained when people from different cultures, backgrounds and experiences work collaboratively to achieve business results. We are intentionally focused on fostering an inclusive culture and know valuing diversity is an essential leadership quality. Our goal is to create a workplace where all employees feel included, empowered and enabled to perform at their best.

Great American Insurance Group strengthened and expanded its E&S presence by bringing together two successful business units, Specialty E&S and American Empire, to form Great American Risk Solutions, an efficient and diverse operation focused on the wholesale brokerage market. We provide industry leading non-admitted property and casualty products via wholesale brokers on an excess and surplus basis.

Great American Risk Solutions is seeking a Financial Analysis Specialist to join the finance team! This position will sit in our Cincinnati office and will be on a hybrid schedule.

Essential Job Functions and Responsibilities

  • Develop financial models to determine effect of new business opportunities, capitalized expenditures, market conditions, or reinsurance strategy
  • Support business unit's annual budget and planning process. Involving forecasting premium, expenses, staffing levels, and operating metrics.
  • Conducts complex financial analysis involving monthly cost and profitability performance
  • Identifies trends and developments in competitive environments and presents findings to senior management.
  • Develop analytical tools to support management in decision making. Such as sensitivity and scenario analysis
  • Provides technical advice to lower-level positions and other functional areas.
  • May lead the work of others (mentors, prioritizes, delegates and reviews assignments).
  • Special financial projects or studies for management

Job Requirements

Education: Bachelor's degree or equivalent.
Field of Study: Business, Finance, Accounting or related discipline.
Experience: Generally, 5 to 8 years of related experience including 2 to 3 years in the insurance industry. Chartered Financial Analyst (CFA) and/or Master's in Business Administration (MBA) and insurance related certifications (Program in General Insurance (INS), Chartered Property Casualty Underwriter (CPCU), etc.) preferred.

Business Unit:
Great American Risk Solutions

Benefits:

We offer competitive healthcare, retirement, and paid time off benefits for full-time and part-time benefit eligible employees.

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