Capital Allocation Analyst

California Capital Insurance•Roseville, CA

15h•$68,008 - $102,013•Hybrid

About The Position

At Capital Insurance Group we offer our employees more than just a job. We foster career growth, provide opportunities to give back to our communities, and help you take the next step in your career! CIG was founded in 1898 by a group of earnest farmers in need of protection and today, we are the leading West Coast Property & Casualty insurer. CIG is certified as a Great Place to Work and provides a collaborative, inclusive, and fun work culture for all employees. Why choose CIGs Finance Team? The Finance team at Capital Insurance Group leads all accounting, treasury, and financial planning functions across the company. Youll have the opportunity to work with a team whose key goal is to ensure CIGs future success and profitability in order to continue to provide a high-level service to our clients Job Overview The Capital Allocation Analyst assists the Capital Allocation & Financial Analysis Manager in supporting the organizations strategic decisions by providing advanced financial modeling, data analysis, and actionable insights. This role collaborates cross-functionally to enhance the precision of financial models ensuring projects align with business objectives to optimize capital allocation. They will collaborate with finance, operations, and strategy teams to ensure financial resources are deployed effectively, supporting long-term profitability and shareholder value. Job description is not prescriptive, but rather a guide as to the duties and responsibilities you will have, however it is not limited to the listed above.

Requirements

Education & Experience Bachelors degree in Finance, Accounting, Economics, or a related field required (MBA or CFA preferred).
2+ years of experience in financial analysis, capital allocation, corporate finance, or related roles.
Financial & Analytical Skills: Advanced financial modeling and valuation techniques, including NPV, IRR, and discounted cash flow (DCF) analysis.
Strong understanding of capital allocation, corporate finance, and investment appraisal methodologies.
Ability to assess risk-adjusted returns and scenario analysis to support decision-making.
Technical & Tools Proficiency: Proficiency in Microsoft Excel (including VBA, macros, and complex formulas), PowerPoint, and financial reporting tools.
Experience with financial planning software, business intelligence tools (e.g., Power BI, Tableau), and ERP systems.
Business & Strategic Acumen: Understanding of key financial statements, cost of capital, and capital budgeting processes.
Ability to align financial strategy with corporate objectives and identify value creation opportunities.
Collaboration & Leadership: Strong ability to work cross-functionally with finance, operations, and senior leadership to drive capital allocation decisions.
Excellent communication skills for presenting financial insights to both technical and non-technical audiences.
Problem-Solving & Decision-Making: Strong critical thinking skills to evaluate investments and improve financial performance.
Ability to identify financial risks, propose mitigation strategies, and optimize resource allocation.

Nice To Haves

MBA or CFA preferred
Experience in capital-intensive industries, financial services, or strategic finance roles is a plus.

Responsibilities

Build and interpret complex financial models, including net present value (NPV), internal rate of return (IRR), payback period, and return on capital calculations.
Develop financial models to assess investment opportunities, risk-adjusted returns, and strategic business cases.
Apply capital budgeting principles and corporate finance knowledge to evaluate capital investment opportunities.
Review and validate financial assumptions, ensuring accuracy in calculations and reporting.
Work closely with different departments (e.g., actuarial, claims, finance, operations, strategy, and senior leadership) to ensure capital is allocated in alignment with company objectives.
Support monitoring and tracking the financial performance of approved projects, identifying areas for improvement and optimization.
Provide data-driven insights and recommendations to enhance decision-making related to capital investments.
Support the preparation of presentations and reports summarizing investment analysis for executive leadership and stakeholders.
Maintain up-to-date knowledge of corporate finance, accounting principles, and investment appraisal methodologies.

Benefits

Accrue twenty-one days of Paid Time Off during your first year
Up to eighty-seven percent of benefits covered by CIG for you and your family members
Medical, dental, vision plans
One hundred percent covered plans Basic Life & AD&D
Employee Assistance
Leave Management
Long Term Disability
Short Term Disability (Outside of CA)
Family Caregiver Support (Homethrive)
Child Care Resources (Tootris)
Business Travel Accident Protection
Voluntary benefit offerings
Short-term (CA only)
Voluntary Life AD&D self, spouse and child plans
Flexible Spending Health Savings (HSA)
Hospital Indemnity
Accidental Injury
Critical Illness
ARAG Legal Services
Norton LifeLock
Nine paid holidays, plus two floating holidays
Above and Beyond Reward Recognition Program
Kudos & Shout Out Points Program
Quarterly Above and Beyond Bonus Program
Annual Above and Beyond Bonus Program
Competitive compensation
Base compensation
Salary Management
Spot Bonuses
Annual Incentive/Profit sharing program, potential payout annually based on company results.
Discount partnerships
Gym memberships, credit union, travel, shopping, restaurants, theme parks, and more
Insurance
Educational reimbursement and bonus programs
Employee Referral Bonus Program
Home and Auto Insurance Discount Program.
Paid Volunteer Time Through company planned community events and choose your own adventure PVT in giving back in ways that are meaningful to you!
Retirement savings benefit (401k and Roth + match)
Health & Financial Wellness
Wellness platform, tools and events
Health Savings Account match
Financial Wellness Resources