Financial Planning & Analysis Analyst
- Employer
- New Jersey Manufacturers Insurance Company
- Location
- Parsippany, New Jersey
- Salary
- Not Specified
- Closing date
- Nov 10, 2024
View more categoriesView less categories
- Category
- Financial Services
- Job Type
- Not Specified
- Career Level
- Not Specified
- Workplace
- In-Office
Job Details
The Financial Planning and Analysis Analyst (official NJM Title is Business Planning and Analysis Analyst) play a key role in the company's forecasting and budgeting process. This role will report to the Business Planning and Analysis Administrator and will demonstrate skills in financial planning, analysis, and reporting. The candidate will participate in a range of analytical and data analysis activities which will enhance departmental understanding of financial and operational results, leading to increased efficiencies and revenue opportunities, as well as lower operational expense levels.
Responsibilities
Review and assist in monthly forecasting of financial statements
Generate monthly and quarterly reporting
Assist in the preparation of annual budgets for business leaders
Prepare detailed business analysis and provide opportunities and solutions for the business
Develop cost benefit analysis to assess potential opportunities
Create dashboards and ad hoc reports to support business operations
Build strong interdepartmental relationships and maintain open lines of communication
Conduct presentations as required to support the business leaders
Review financial results with business leaders, providing insights into results relative to expectations
Prepare analysis of industry data and trends
Qualifications and Required Skills
0-5 years of Financial or Business Planning and Analysis experience, preferably in the Property and Casualty Insurance industry
Bachelor's degree in Accounting, Finance, mathematics, or other related degree preferred; MBA a plus
Excellent analytical and problem solving abilities
High level of intellectual curiosity
Effective communicator (verbal and written)
Demonstrated innovative thinking
Strong attention to detail
Desire to work collaboratively in a team environment
Salary Range for the Level I is : $58,000 - 73,000. Salary is commensurate with experience and credentials. This role may be filled at a Level II or Senior level based on skills, experience and credentials.
Legal Disclaimer: NJM is proud to be an equal opportunity employer. We are committed to attracting, retaining and promoting a diverse and inclusive workforce that is fully representative of the diversity that exists in the communities in which we do business.
Company
New Jersey Manufacturers Insurance Company (NJM), a property and casualty insurance company, has earned a reputation for superior service and prompt, fair handling of claims. NJM customarily earns high marks in published surveys, particularly regarding customer and claims service in auto insurance. NJM operates in a mutual fashion for the exclusive benefit of policyholders. NJM is cost-effective and conservative — staff is paid by salary with no commissions, and the Company does not advertise broadly to help earn profits for stockholders. Dividends have been paid to policyholders each year since 1918, a cumulative total of more than $5.0 billion.
- Website
- http://www.njm.com/careers
- Telephone
- 609-883-1300
- Location
-
301 Sullivan Way
West Trenton
New Jersey
08628
US
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