Life & Group Senior Financial Analyst
About The Position
CNA’s Long-Term Care (LTC) business unit is a strategic priority, with approximately $14 billion in reserves serving 300,000 policyholders. This role uses financial expertise to support critical business processes, advise business partners, and contribute to profitability and risk mitigation strategies. Working collaboratively with internal leaders and stakeholders, the Senior Financial Analyst delivers insights into income statement results and operational metrics, improves reporting and processes, develops analytical resources, participates in special projects, and contributes to financial and operational forecasts and plans. The position follows a flexible hybrid schedule from CNA’s Chicago office at 151 N Franklin St. It works closely with Actuarial, Accounting, Claim, and Operations partners and supports leadership oversight of third-party administrators. The role typically reports to a Director or above.
Requirements
- Bachelor’s degree in business, economics, finance, accounting, or equivalent.
- At least 3 years of finance experience or experience in a related analytical field, with progressively increasing levels of responsibility.
- Strong knowledge of corporate and departmental accounting and finance practices, procedures, and principles, as well as solid knowledge of the insurance organization and industry.
- Advanced modeling skills, including proficiency in Excel and analysis tools.
- Track record of delivering results with a high degree of accuracy.
- Ability to work independently and self-motivate in a rapidly changing environment.
- Ability to work with senior business partners within established deadlines.
- Familiarity with emerging AI technologies and a track record of incorporating them into workflows to enhance productivity and decision-making.
- Experience with business intelligence tools such as Tableau, Power BI, or Looker.
Nice To Haves
- Experience with ETL tools such as SQL or Alteryx.
- Experience with Workday, Adaptive, and Google Cloud.
Responsibilities
- Analyze results to contextualize performance against business unit financial and operational goals.
- Prepare monthly financial reporting packages and supporting analysis explaining income statement results in collaboration with Actuarial and Accounting partners.
- Prepare monthly management reporting packages and supporting analysis for Claim and Operations leadership’s oversight of third-party administrators.
- Participate in annual financial planning and reporting with Actuarial and Operational teams.
- Manage monthly expense forecast assembly and reporting to support informed decisions and contextualize business trajectory.
- Analyze company performance and generate insights relative to peer companies.
- Identify and resolve emerging issues, and independently investigate data anomalies and variances.
- Support decision-makers through effective verbal and written communication.
- Communicate key insights clearly and concisely, with actionable recommendations for senior leadership.
- Drive process improvement and automation.
- Perform additional duties as assigned.
Benefits
- Comprehensive and competitive benefits package supporting employees’ and family members’ physical, financial, emotional, and social wellbeing goals.
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What This Job Offers
Job Type
Full-time
Career Level
Senior
