Senior Claims Finance Analyst

Branch Financial, LLC•Columbus, OH

13d•Remote

About The Position

The Senior Claims Finance Analyst plays a crucial role on the Branch Finance team, focusing on reporting and analytics for the claims organization. This position is responsible for monthly and quarterly reporting duties, providing valuable insights into the efficiency metrics and financial performance of the claims department. This role collaborates closely with the claims team to gather data, conduct analysis, and contribute to data-driven decision-making processes.

Requirements

Bachelor’s degree in Finance, Accounting, Economics, Statistics, or another quantitative field.
2-4 years of experience in financial analysis, data analytics, or a similar role.
Proficiency in Excel, SQL, and data visualization tools for financial analysis and reporting.
Understanding of P&L reporting, including expense analysis, revenue analysis, and profitability assessment.
Detail-oriented mindset with a commitment to accuracy in reporting and analysis for monthly and quarterly reporting deliverables.
Excellent communication skills, with the ability to present complex information to both technical and non-technical stakeholders.
Ability to work collaboratively in cross-functional teams and establish strong working relationships.
Self-motivated with the ability to manage multiple priorities and meet monthly and quarterly reporting timelines.
Strong analytical skills with the ability to work independently and navigate ambiguity.
Instinctually identify opportunities and create data-supported solutions.

Nice To Haves

Advanced degree or professional certification are a plus.
Experience in the insurance industry with a focus on claims finance or related functions are a plus.

Responsibilities

Own monthly and quarterly reporting on claims performance, including efficiency metrics, expense components, and revenue streams (TPA fees, recoveries, subrogation, salvage).
Collaborate with the claims, accounting, actuarial, and data analytics teams to gather data on cycle time, processing efficiency, and other KPIs.
Conduct detailed analysis of expense components and revenue-generating activities to support accurate and timely financial reporting.
Identify trends and patterns in claims data to support decision-making and process improvement initiatives.
Assist in developing financial models and tools to enhance claims analysis and forecasting capabilities.
Stay informed on industry best practices and regulatory changes to continuously improve reporting processes.