Sr Financial Analyst
About The Position
Position Summary:The primary job function is to prepare analysis of loss and loss expense reserves using various and complex actuarial methods. Why choose a career at Mercury? At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help others. Everyone needs insurance and we can’t imagine a world without it. Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life. We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals. L1-TG1 Learn more about us here: https://www.mercuryinsurance.com/about/careers
Requirements
- Bachelor’s degree required
- 5 - 7 years of experience
- Or equivalent combination of education and/or experience
Nice To Haves
- MBA or CPA preferred
Responsibilities
- Assists CFO with special troubleshooting projects.
- Prepares financial and business-related analyses and research in areas of financial and expense performance, rate of return, depreciation, working capital, and investments.
- Prepares forecast and analyses trends in sales, finance, general business conditions and other related areas.
- Assists and provides supervision to other financial analysts. This position works on more complex tasks than that of a financial analyst.
- Provides analytical support such as comparative industry data on loss ratios, premiums written and rate filings.
- Prepares monthly and quarterly reports, summaries and forecasts for senior management. Assembles data from a variety of sources to prepare the reports.
- Develops a thorough understanding of the Company's operation and accounting system.
- Prepares and evaluates a variety of financial and operating reports including expense, profitability and forecasting analysis, and analyzing proposed changes.
- Calculates the loss and loss adjustment expense reserve and other tables for the Form 10-K and the Annual Report.
- Assist senior management in the detail review of the Form 10-K and the Annual Report. Assists in the development of report standards, formats and procedures.
- Evaluates data and performs reconciliation to ensure data integrity.
Benefits
- Competitive compensation
- Flexibility to work from anywhere in the United States for most positions
- Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
- Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
- Medical, dental, vision, life, and pet insurance
- 401 (k) retirement savings plan with company match
- Engaging work environment
- Promotional opportunities
- Education assistance
- Professional and personal development opportunities
- Company recognition program
- Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
