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Financial Analysis Consultant, Employee Benefits FP&A

AT The Hartford
The Hartford

Financial Analysis Consultant, Employee Benefits FP&A

Hartford, CT

Cons Fin Analysis - FF07BE

We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our team as we help shape the future.

The Consultant Financial Analysis and Reporting will be a member of the Employee Benefits FP&A team and assist in the development and reporting of the EB operating plan. This role will work closely with the director of financial planning and analysis, the EB Chief Financial Officer, as well as other areas of Employee Benefits (Sales, Underwriting, and Product). This role requires strong analytical skills, attention to detail, and the ability to work collaboratively with various departments.

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This role will have a Hybrid work arrangement, with the expectation of working in the Hartford, CT office, 3 days a week (Tuesday through Thursday). Remote work arrangement is an option for HIG employees that are currently remote.

Key responsibilities include:

  • Develop multi-year premium projections for Outlook and Budget
  • Collaborate with Actuarial, Sales, Underwriting, and Product to gather necessary information for accurate forecasting
  • Develop cost drivers (cases, lives, etc.) based on premium forecast for use in staffing models for Claims, Operations, and other areas
  • Model commission expense projections using updated premium outlook and current commission rate assumptions
  • Analyze financial data and trends to provide insights and recommendations
    • Financial reporting of Outlook to various areas of Employee Benefits
    • Responsible for TM1 maintenance
    • Support continuous improvement initiatives to enhance forecasting processes and accuracy
    • Develop strong working relationships throughout Employee Benefits and the Finance organization

Qualifications

  • 5+ years of finance experience
  • Candidate must be highly motivated, detail-oriented, inquisitive, and performance driven.
  • Strong critical thinking ability and quantitative analytic skills
  • Strong Excel skills and Powerpoint skills; TM1 experience a plus
  • Experience with Power BI is a plus
  • Ability to learn quickly and assimilate new applications
  • Familiarity with insurance accounting and reporting, including knowledge of GAAP concepts
  • Excellent verbal and written communication skills
  • Ability to work independently and as part of a team
  • An undergraduate degree in finance, accounting, or related field is preferred. CPA or MBA is a plus.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford's total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$100,800 - $151,200

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits

Client-provided location(s): Hartford, CT, USA
Job ID: hartford-R2520397_Hartford
Employment Type: Full Time

Perks and Benefits

  • Health and Wellness

    • Health Insurance
    • Health Reimbursement Account
    • Dental Insurance
    • Vision Insurance
    • Life Insurance
    • Short-Term Disability
    • Long-Term Disability
    • On-Site Gym
    • Mental Health Benefits
    • Virtual Fitness Classes
    • Fitness Subsidies
    • FSA
    • HSA
  • Parental Benefits

    • Birth Parent or Maternity Leave
    • Non-Birth Parent or Paternity Leave
    • Fertility Benefits
    • Adoption Assistance Program
    • Family Support Resources
    • Adoption Leave
  • Work Flexibility

    • Hybrid Work Opportunities
    • Remote Work Opportunities
    • Flexible Work Hours
  • Office Life and Perks

    • Commuter Benefits Program
    • Casual Dress
    • On-Site Cafeteria
    • Company Outings
    • Holiday Events
  • Vacation and Time Off

    • Paid Vacation
    • Paid Holidays
    • Volunteer Time Off
    • Personal/Sick Days
  • Financial and Retirement

    • 401(K) With Company Matching
    • Stock Purchase Program
    • Performance Bonus
    • Relocation Assistance
    • Financial Counseling
    • Profit Sharing
  • Professional Development

    • Internship Program
    • Leadership Training Program
    • Associate or Rotational Training Program
    • Tuition Reimbursement
    • Promote From Within
    • Mentor Program
    • Shadowing Opportunities
    • Access to Online Courses
    • Lunch and Learns
    • Learning and Development Stipend
  • Diversity and Inclusion

    • Employee Resource Groups (ERG)
    • Diversity, Equity, and Inclusion Program

Company Videos

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