Description
FBS – Farmer Business Services is part of Farmers operations with the purpose of building a global approach to identifying, recruiting, hiring, and retaining top talent. We believe that the foundation of every successful business lies in having the right people with the right skills. As a Senior FP&A Analyst, you will play a pivotal role within the Financial Planning & Analysis team, with cross-functional reach into Actuarial, Product, Distribution, and Commercial areas. You will be responsible for developing advanced financial models, conducting performance analytics, and providing strategic advisory. Working closely with senior stakeholders, including the CFO and area heads, you will be a key driver in shaping financial strategy across diverse insurance portfolios.
More specifically, you will:
- Analyze the potential financial consequences of alternative business decisions relating to profit opportunities and significant capital expenditures.
- Prepare analysis and interpretation of financial statements and related reports.
- Design complex worksheets and/or databases for tracking and reporting and assist with creating upcoming budgets and financial plans for the business unit.
- Review and guide work of less experienced personnel to verify accuracy of information used for financial analyses, using internal and external reports, other departments, and published data.
- Research, analyze and document moderate to complex financial analysis projects within assigned department.
- Prepare and analyze operating and strategic plans, including quarterly and monthly forecasts.
- Provide financial and technical expertise on projects requiring highly complex financial analysis.
- Review and analyze budgets and other internal financial statements for the business unit; monitor historical results of financial reports and report on trends.
- Analyze current manual processes and create automated approaches/reports that look at actual to variance results and forecast future trends.
- Create, review and analyze premiums, losses and adjustment expenses monthly scorecards for the business unit, and explain anomalies.