Financial Analyst, Insurance
Epic Insurance, Paramus, NJ, United States
Financial Analyst
Location:
Summit, NJ or Paramus, NJ, Remote for now but terms may change and will also have occasional meetings in these offices.
Job Overview
Reporting to the Senior Finance Manager, the Financial Analyst executes recurring FP&A and management reporting activities, including monthly close reporting, financial consolidations, variance and trend analyses, and budget and forecast support. The role builds and maintains financial models and reporting outputs, validates data accuracy across source systems, and coordinates with Accounting and business stakeholders to support financial reporting and planning requirements.
Responsibilities
Consolidate financial results across business segments during monthly, quarterly, and annual close cycles.
Prepare standard management reporting packages, including recurring financial statements and pro forma analyses.
Perform variance and trend analyses versus budget, forecast, and prior periods; document drivers and data exceptions.
Develop, maintain, and update recurring financial and operational metrics used in reporting and forecast analysis.
Support annual budgeting and periodic forecasting processes by updating financial models, assumptions, and supporting schedules.
Analyze revenue and expense activity and prepare supporting schedules for management reporting.
Coordinate with Accounting to support billing accuracy, cash application, and general ledger reconciliation activities.
Prepare financial schedules and supporting documentation for audit, tax, and due diligence requests.
Identify data inconsistencies in reporting outputs and coordinate corrections with Finance and Accounting.
Perform ad hoc financial analyses to support reporting, forecasting, and variance investigation requests.
Execute additional assigned finance and reporting tasks as required.
Qualifications
Working knowledge of GAAP and core financial statements (P&L, balance sheet).
Advanced Excel skills, including large dataset analysis and financial model maintenance.
Ability to analyze financial data, identify variances, and document findings.
Experience using financial planning, reporting, or ERP systems; Oracle EPBCS preferred.
Experience with SQL, Power BI, or similar reporting and analysis tools preferred.
Ability to manage multiple recurring deliverables and ad hoc requests within established deadlines.
Experience & Education
Minimum of 3 years of experience in finance, accounting, FP&A, or a related analytical role.
Bachelor's Degree in Finance, Economics, etc required; CPA and/or MBA preferred.
Insurance industry experience preferred.
Experience supporting multi‑entity or diverse industry environments preferred.
Compensation
The national average salary for this role is $90,000.00 – $110,000.00 in base pay and exclusive of any bonuses or benefits. The base pay offered will be determined based on your experience, skills, training, certifications, and education while also considering internal equity and market data.
Benefits
Generous Paid Time off
Managed PTO for salaried/exempt employees (personal time off without accruals or caps); 22 PTO days starting out for hourly
on‑exempt employees; 12 company‑observed paid holidays; 4 early‑close days
Generous leave time options: Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leave
Generous employee referral bonus program of $1,500 per hired referral
Employee recognition programs for demonstrating EPIC’s values plus additional employee recognition awards and programs (and trips!)
Employee Resource Groups: Women’s Coalition, EPIC Veterans Group
Unique benefits such as Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife Support
Additional benefits include (but are not limited to): 401(k) matching, medical insurance, dental insurance, vision insurance, and wellness & employee assistance programs
50/50 Work Culture: EPIC fosters a 50/50 culture between producers and the rest of the business, supporting collaboration, teamwork, and an inclusive work environment. It takes both production and service to be EPIC!
EPIC Gives Back – Some of our charitable efforts include Donation Connection, Employee Assistance Fund, and People First Foundation
We’re in the top 10 of property/casualty agencies according to "Insurance Journal"
Equal Opportunity
EPIC embraces diversity in all its various forms—whether it be diversity of thought, background, race, religion, gender, skills or experience. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard. It is our belief that diversity drives innovation and that creating an environment where every employee feels included and empowered helps us to deliver the best outcome to our clients.
Massachusetts G.L.c. 149 section 19B (b) requires the following statement: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
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Location:
Summit, NJ or Paramus, NJ, Remote for now but terms may change and will also have occasional meetings in these offices.
Job Overview
Reporting to the Senior Finance Manager, the Financial Analyst executes recurring FP&A and management reporting activities, including monthly close reporting, financial consolidations, variance and trend analyses, and budget and forecast support. The role builds and maintains financial models and reporting outputs, validates data accuracy across source systems, and coordinates with Accounting and business stakeholders to support financial reporting and planning requirements.
Responsibilities
Consolidate financial results across business segments during monthly, quarterly, and annual close cycles.
Prepare standard management reporting packages, including recurring financial statements and pro forma analyses.
Perform variance and trend analyses versus budget, forecast, and prior periods; document drivers and data exceptions.
Develop, maintain, and update recurring financial and operational metrics used in reporting and forecast analysis.
Support annual budgeting and periodic forecasting processes by updating financial models, assumptions, and supporting schedules.
Analyze revenue and expense activity and prepare supporting schedules for management reporting.
Coordinate with Accounting to support billing accuracy, cash application, and general ledger reconciliation activities.
Prepare financial schedules and supporting documentation for audit, tax, and due diligence requests.
Identify data inconsistencies in reporting outputs and coordinate corrections with Finance and Accounting.
Perform ad hoc financial analyses to support reporting, forecasting, and variance investigation requests.
Execute additional assigned finance and reporting tasks as required.
Qualifications
Working knowledge of GAAP and core financial statements (P&L, balance sheet).
Advanced Excel skills, including large dataset analysis and financial model maintenance.
Ability to analyze financial data, identify variances, and document findings.
Experience using financial planning, reporting, or ERP systems; Oracle EPBCS preferred.
Experience with SQL, Power BI, or similar reporting and analysis tools preferred.
Ability to manage multiple recurring deliverables and ad hoc requests within established deadlines.
Experience & Education
Minimum of 3 years of experience in finance, accounting, FP&A, or a related analytical role.
Bachelor's Degree in Finance, Economics, etc required; CPA and/or MBA preferred.
Insurance industry experience preferred.
Experience supporting multi‑entity or diverse industry environments preferred.
Compensation
The national average salary for this role is $90,000.00 – $110,000.00 in base pay and exclusive of any bonuses or benefits. The base pay offered will be determined based on your experience, skills, training, certifications, and education while also considering internal equity and market data.
Benefits
Generous Paid Time off
Managed PTO for salaried/exempt employees (personal time off without accruals or caps); 22 PTO days starting out for hourly
on‑exempt employees; 12 company‑observed paid holidays; 4 early‑close days
Generous leave time options: Paid parental leave, pregnancy disability and bonding leave, and organ donor/bone marrow donor leave
Generous employee referral bonus program of $1,500 per hired referral
Employee recognition programs for demonstrating EPIC’s values plus additional employee recognition awards and programs (and trips!)
Employee Resource Groups: Women’s Coalition, EPIC Veterans Group
Unique benefits such as Pet Insurance, Identity Theft & Fraud Protection Coverage, Legal Planning, Family Planning, and Menopause & Midlife Support
Additional benefits include (but are not limited to): 401(k) matching, medical insurance, dental insurance, vision insurance, and wellness & employee assistance programs
50/50 Work Culture: EPIC fosters a 50/50 culture between producers and the rest of the business, supporting collaboration, teamwork, and an inclusive work environment. It takes both production and service to be EPIC!
EPIC Gives Back – Some of our charitable efforts include Donation Connection, Employee Assistance Fund, and People First Foundation
We’re in the top 10 of property/casualty agencies according to "Insurance Journal"
Equal Opportunity
EPIC embraces diversity in all its various forms—whether it be diversity of thought, background, race, religion, gender, skills or experience. We are committed to fostering a work community where every colleague feels welcomed, valued, respected and heard. It is our belief that diversity drives innovation and that creating an environment where every employee feels included and empowered helps us to deliver the best outcome to our clients.
Massachusetts G.L.c. 149 section 19B (b) requires the following statement: It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.
#J-18808-Ljbffr