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NJM Insurance Financial Planning & Analysis Analyst in Trenton, New Jersey

The Financial Planning and Analysis Analyst (official NJM Title is Business Planning and Analysis Analyst) play a key role in the company’s forecasting and budgeting process. This role will report to the Business Planning and Analysis Administrator and will demonstrate skills in financial planning, analysis, and reporting. The candidate will participate in a range of analytical and data analysis activities which will enhance departmental understanding of financial and operational results, leading to increased efficiencies and revenue opportunities, as well as lower operational expense levels.

Responsibilities

  • Review and assist in monthly forecasting of financial statements

  • Generate monthly and quarterly reporting

  • Assist in the preparation of annual budgets for business leaders

  • Prepare detailed business analysis and provide opportunities and solutions for the business

  • Develop cost benefit analysis to assess potential opportunities

  • Create dashboards and ad hoc reports to support business operations

  • Build strong interdepartmental relationships and maintain open lines of communication

  • Conduct presentations as required to support the business leaders

  • Review financial results with business leaders, providing insights into results relative to expectations

  • Prepare analysis of industry data and trends

Qualifications and Required Skills

  • 0-5 years of Financial or Business Planning and Analysis experience, preferably in the Property and Casualty Insurance industry

  • Bachelor’s degree in Accounting, Finance, mathematics, or other related degree preferred; MBA a plus

  • Excellent analytical and problem solving abilities

  • High level of intellectual curiosity

  • Effective communicator (verbal and written)

  • Demonstrated innovative thinking

  • Strong attention to detail

  • Desire to work collaboratively in a team environment

Salary Range for the Level I is : $58,000 - 73,000. Salary is commensurate with experience and credentials. This role may be filled at a Level II or Senior level based on skills, experience and credentials.

Legal Disclaimer: NJM is proud to be an equal opportunity employer. We are committed to attracting, retaining and promoting a diverse and inclusive workforce that is fully representative of the diversity that exists in the communities in which we do business.

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