Manager, Financial Analysis (Hybrid)

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Our Business

Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong financial performance for over 95 years. Focused on exceptional employee and customer experience, we are frequently recognized for awards and honors, including being named to Forbes’ 2021 Best Workplaces in Financial Services and Insurance list.

Our Culture

We genuinely care about each other, our customers, and the communities in which we operate. Our leaders actively champion career development and invite us to voice unique ideas and diverse perspectives. If that sounds appealing, we think you would feel inspired on our team to achieve and be rewarded for extraordinary results.

  1. Manage and maintain the annual budget through budgeting system. Will include activities such as database updates, create non-labor templates, obtain salary information.
  2. Ownership of specific components of the annual budget process such as variable underwriting expenses among others.
  3. Evaluate data and analyze relationship to budget and actual financial performance. Produce monthly variance analysis (budget vs. actual) and supply information to assigned clients. Answer questions and analyze journal entries for potential reclassification of expenses as needed.
  4. Support EPMO process by co-ordinating staff interactions with project managers and sponsors to: (1) develop business cases and change controls;. (2) Create financial models and quantify implementation and capitalization costs;. (3) Quantify cost benefits of proposed projects including net present value, internal rate of return, and discounted payback period;. and (4) Integrates project costs and benefits into annual budgets and long-term financial projections.
  5. Work with analysts to: (1) Prepare and review monthly PMO Status Reports for all current approved EPMO projects, pursue explanations of material budget variances with Project managers;. and (2) Review reports with Project Managers and work with them to correct any issues with Forecast data.
  6. Create Summary reports for senior management and ad-hoc reports for assigned clients as needed.
  7. Establish and maintain strong, collaborative relationships with business partners. Meet with assigned clients on a quarterly basis to review variance results as needed.
  8. Lead and ensure successful closure of special projects as assigned.
  9. Assist in training new employees on systems, procedures, reporting files, etc.

Requirements and Qualifications:

  • Strong proficiency of financial and accounting concepts and modeling techniques.
  • Highly motivated self-starter with the ability to effectively manage multiple projects in an environment with changing priorities.
  • Must have demonstrated effective analytical, communication, interpersonal and presentation skills.
  • Must be detail-oriented with a heavy customer service focus.
  • Strong computer skills (i.e. excel, macros, lookup formulas, pivot tables, etc.)
  • MBA or CPA preferred
  • PM Certification preferred
  • 5 to 8 years of experience in financial planning or reporting
  • Ability to manage resources in the completion of project

Salary range:$103,400.00 – $170,900.00. The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective’s footprint. Additional considerations include the candidate’s qualifications and experience.

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual’s unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences – and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.

Selective maintains a drug-free workplace.

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