FP&A Analyst I

Sompo International•New York, NY

22d•$60,000 - $75,000•Onsite

About The Position

As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of integrity, collaboration, agility, execution and excellence underpin our culture and our commitment to providing an employee experience that attracts and engages the best talent in the industry. As we continue to grow, we strive to find diverse, innovative and driven professionals to join our teams and offer a broad range of career and development opportunities at all levels, in multiple business areas, in each of our locations throughout the world. Our compensation and benefits programs are market driven and competitive, with excellent family friendly policies and flexible working provisions. Job Description Are you looking for your next opportunity? Sompo has a unique opportunity for an FP&A Analyst I to join our Financial Planning & Analysis team. Location: This position will be based out of our New York, NY or Purchase, NY office. We strive for collaboration, which is why we offer a work environment where our employees thrive and develop long-lasting careers. Our business, your impact, our opportunity: What you’ll be doing: Assist with the five-year business planning and monthly forecasting process, for the area of responsibility, including identifying key initiatives and resource, managing performance targets, and analyzing and interpreting operating results and trend requirements Contribute to the development of new processes and reports to enhance the overall planning function of the Insurance segment Develop and maintain financial models to support long-term planning and scenario analysis. Enhance and optimize tools for improved reforecasting of current plans Help execute our financial strategy in the development and maintenance of the financial planning process by regularly analyzing and reviewing financial data, testing financial analysis models and providing senior management with recommended action plans for process improvement Facilitate effective decision-making and provide vision for area of responsibility by analyzing financial information, forecasting business, industry and economic conditions and communicating results Support the development and presentation to key stakeholders including the board of directors, rating agencies and the investment community Collaborate with internal and external stakeholders by identifying, researching and resolving discrepancies in financial reports, utilizing internal reporting processes and implementing solutions to improve efficiency of financial operations Create a positive environment by modelling cultural expectations and guiding leaders to reward performance and value "can do" people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, and creativity

Requirements

Preferred experience in financial reporting, data analysis, and modeling
Advanced working knowledge of economic and accounting principles
Preferred experience in products and concepts relating to the insurance industry
Technical skillsets in budgeting software systems and Microsoft Office Suite
Communicate information in a clear, well-organized, and professional manner
Bachelor’s degree with major in quantitative field (e.g. Accounting, Economics, Engineering, Finance, Mathematics)

Nice To Haves

MBA, Certified Public Accountant, and/or Charter Financial Analyst preferred but not required

Responsibilities

Assist with the five-year business planning and monthly forecasting process, for the area of responsibility, including identifying key initiatives and resource, managing performance targets, and analyzing and interpreting operating results and trend requirements
Contribute to the development of new processes and reports to enhance the overall planning function of the Insurance segment
Develop and maintain financial models to support long-term planning and scenario analysis.
Enhance and optimize tools for improved reforecasting of current plans
Help execute our financial strategy in the development and maintenance of the financial planning process by regularly analyzing and reviewing financial data, testing financial analysis models and providing senior management with recommended action plans for process improvement
Facilitate effective decision-making and provide vision for area of responsibility by analyzing financial information, forecasting business, industry and economic conditions and communicating results
Support the development and presentation to key stakeholders including the board of directors, rating agencies and the investment community
Collaborate with internal and external stakeholders by identifying, researching and resolving discrepancies in financial reports, utilizing internal reporting processes and implementing solutions to improve efficiency of financial operations
Create a positive environment by modelling cultural expectations and guiding leaders to reward performance and value "can do" people, accountability, diversity and inclusion, flexibility, continuous improvement, collaboration, and creativity

Benefits

Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
Pharmacy benefits with mail order options
Dental benefits including orthodontia benefits for adults and children
Vision benefits
Health Care & Dependent Care Flexible Spending Accounts
Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
Company-paid Disability benefits with very competitive salary continuation payments
401(k) Retirement Savings Plan with competitive employer contributions
Competitive paid-time-off programs, including company-paid holidays
Competitive Parental Leave Benefits & Adoption Assistance program
Employee Assistance Program
Tax-Free Commuter Benefit
Tuition Reimbursement & Professional Qualification benefits