Senior Financial Analyst

About the Role

The Senior Financial Analyst partners closely with division sales and service leadership to provide comprehensive financial analysis and reporting support. This role is responsible for coordinating the annual budget, performing month‑end analysis and reporting, tracking key book of business metrics, and supporting monthly business reviews. The Senior Financial Analyst plays a critical role in translating financial data into actionable insights that drive informed decision‑making and divisional performance.

Key Responsibilities

• Financial Partnership: Support division sales and service leadership on all financial matters, providing analysis and insights to inform business decisions.
• Budgeting & Forecasting: Facilitate the annual budgeting process and support periodic forecasting efforts for the division.
• Variance Analysis: Analyze general ledger activity to identify key drivers of budget, forecast, and prior‑year variances and communicate findings to stakeholders.
• Investment Analysis: Evaluate divisional investments by assessing return on investment, financial impact, and alignment with budget objectives.
• Revenue Performance Tracking: Monitor and report revenue performance of significant accounts, including analysis of trends and risks.
• Payroll & Expense Monitoring: Track payroll and related expenses to ensure compliance with approved headcount, compensation, and budget targets.
• Monthly Financial Reviews: Prepare materials and conduct monthly financial review meetings with sales and service leadership.
• Financial Commentary & Reporting: Develop and distribute monthly financial reports and commentary summarizing performance and key drivers.
• Book of Business Analytics: Track and analyze book of business metrics (e.g., policies in force, premium, revenue, and lines of business) to support strategic planning.
• KPI Reporting: Deliver divisional KPI results and insights to monitor performance against goals.
• Professional Development: Continuously improve professional skills by participating in internal/external development opportunities.
• Champion IOA Values: Demonstrate integrity and leadership.

Ideal Candidate Qualifications

• Bachelor’s degree in Finance, Business Administration, or a related analytical field
• Minimum of three (3) years of financial analysis experience
• Prior finance experience in the insurance industry strongly preferred
• Advanced proficiency in Microsoft Excel
• Experience integrating data into reporting and analytics platforms (Power BI preferred)
• Strong analytical, research, and problem‑solving skills
• Excellent organizational, prioritization, and multi‑tasking abilities
• Outstanding verbal and written communication skills
• Ability to manage large volumes of work independently with accuracy and attention to detail

What We Offer

• Competitive salaries and bonus potential
• Company-paid health insurance
• Paid holidays, vacations, and sick time
• 401K with employer match
• Professional growth and career progression opportunities
• Respectful culture and work/family life balance
• Community service commitment
• Supportive teammates and a rewarding work environment

Salary Range

The expected pay range for this position is $80,000 to $100,000 per year, depending on experience, relevant skills, and geographic location.

Insurance Office of America is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.

Summary

The Senior Financial Analyst will work closely with sales and service leadership to be responsible for, and have an in-depth understanding, of all financial activity within their Division. Including but not limited to coordinating the annual budget, month end analysis and reporting, tracking book of business statistics, and conducting monthly business reviews.