Senior FP&A Analyst, Risk and Insurance (5099)

SubCom•Newington, NH

About The Position

The Senior FP&A Analyst, Risk and Insurance, will play a crucial role in driving financial performance through risk management, analysis, forecasting, and strategic planning. This position requires strong analytical skills, financial acumen, and the ability to communicate complex financial information effectively. The role will involve identifying and managing financial risks, supporting broader FP&A activities, and administering the company's insurance portfolio.

Requirements

Bachelor’s degree in accounting or finance (MBA or CPA preferred) and at least 10+ years of demonstrated progressive experience in accounting and financial planning and analysis.
Strong relationship building skills and the ability to closely collaborate within all levels of the organization.
Strong analytical skills to assess and manage various components of corporate insurance programs.
Advanced Excel and PowerPoint skills.
Experience with Oracle or other ERP systems including use of BI and other multidimensional database management tools within a medium to large enterprise.
Previous experience of partnering closely with business operations teams and the ability to develop a deep understanding of the business operations.
Demonstrated ability to drive operational improvements and efficiencies.
Outstanding communication skills and relationship-building capabilities.
Attention to detail to ensure accurate assessment and understanding of information obtained.

Nice To Haves

MBA or CPA preferred

Responsibilities

Insurance Program Administration: Coordinate the pre-renewal and binding processes for the company's marine, casualty, property, workers compensation, and other corporate insurance programs.
Insurance Renewal Coordination: Review existing policies, assess coverage requirements, gather and update necessary information, prepare submissions, negotiate terms, and manage premium payments.
Claims Management Administration: Receive and report bodily injury and property damage claims, track insurance claims from initial notification to final settlement, and assist underwriters and brokers to ensure efficient claims management.
Collateral Duties: Support the legal department in reviewing contracts to ensure insurance requirements for vendors and customers are met, manage insurance certificate programs, and attend meetings with brokers and underwriters.
Partner with SubCom senior leaders on various insurance related items
Lead the annual budgeting and monthly insurance forecasting processes, ensuring alignment with the company’s strategic goals and initiatives.
Identify key insurance performance indicators (KPIs) and create and maintain a structure of non-financial reporting metrics to measure and drive operational efficiencies.
Develop and maintain insurance financial models to support business planning and decision-making.
Work closely with operations business partners to identify and track insurance cost savings opportunities.
Perform analysis and build bridges of actual vs forecast or forecast vs forecast performance.
Identify risk related capital improvements and financial rationalization
Manage insurance payments
Analyze insurance performance, identify trends, and provide actionable insights to senior management.