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Financial Planning Analyst

MEMICPortland, United States3mo ago
Workers CompReserving & ValuationRegulatory ReportingRisk Management, ERM & ORSA

Role Summary

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HIGHLIGHTS

Entry-level financial planning analyst at a workers' compensation insurer in Portland, ME. You will support statutory projections, loss and IBNR analysis, regulatory filings, AM Best and ORSA metrics, and collaborate with internal actuaries and finance leadership. The role focuses on reserving/valuation and financial reporting for the MEMIC Group.

JOB DESCRIPTION SUMMARY

  • Prepare roll-forward projections and reasonableness analysis for group financials
  • Maintain and analyze Loss and IBNR positions for risk-bearing entities
  • Support regulatory filings, AM Best analysis, and external actuarial reviews
  • Produce periodic financial statements and key metrics; collaborate with actuaries
  • Use Excel, Access, PowerPoint and explore Power BI for analytics

DOMAIN EXPERTISE

  • Finance or accounting experience (minimum 1 year)
  • Understanding of complex accounting procedures
  • Loss and IBNR position maintenance and analysis
  • Financial projections and roll-forward reporting
  • Proficiency with Excel, Access and Power BI for analytics

KEY REQUIREMENTS

  • Bachelor's degree required
  • Minimum 1 year of finance or equivalent experience
  • Sound understanding of complex accounting procedures
  • Proficiency in Microsoft Excel, Access and PowerPoint; ability to use Power BI

TECH STACK

  • Excel
  • Power_BI
  • Access
  • PowerPoint