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Life & Group Senior Financial Analyst

CNA
  • Chicago, Illinois
  • $54,000–$103,000 Per Year
26 days ago

Job Description

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential. 

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.CNA’s Long Term Care (LTC) business unit is not your typical slow moving insurance company; we have the resources of a large company behind us and operate with a start-up mindset. With a team of over 50 across multiple insurance disciplines of Operations, Claim, Anti-Fraud, Finance, Actuarial and Data Analytics, we move quickly and have clear insight into how we make an impact. With approximately $14b in reserves serving 300k policyholders, CNA’s LTC business is an important strategic priority for CNA. This is an exciting opportunity to leverage financial expertise to support critical business processes and assist in advising business partners. Come work in a highly collaborative environment with key internal leaders and stakeholders to support profitability and risk mitigation strategies. Use your financial skillset and strengths to deliver deeper insights in to income statement results and operational metrics, optimize and streamline reporting and processes, build out new analytical resources, participate in special projects, and be a key player in financial and operational forecasts and plans.This position works a flexible hybrid schedule from the CNA Chicago office (151 N Franklin St.) with a focus on professional development.

JOB DESCRIPTION:

Essential Duties and Responsibilities

Performs a combination of duties in accordance with departmental guidelines:

  • Develop results analysis to contextualize performance against business unit financial and operational goals

  • Prepare monthly financial reporting results packages and support analysis to explain income statement results in close collaboration with Actuarial and Accounting partners

  • Prepare monthly management reporting results packages and supporting analysis in support of Claim and Operations leadership’s oversight of CNA’s third party administrators who manage CNA’s claims and policyholder interactions

  • Participate in annual financial planning process and reporting in close partnership with Actuarial and Operational teams

  • Manage monthly expense forecast assembly and reporting to enable informed decisions and contextualize business trajectory

  • Analyze company performance to generate insights relative to peer companies

  • Leverage financial expertise to recognize and resolve emerging issues, independently investigate anomalies and variances in data

  • Support decision-makers through effective verbal and written communication

  • Synthesize key insights, clearly and concisely communicating them with actionable recommendations to senior leadership

  • Drive process improvement and automation

May perform additional duties as assigned.

Reporting Relationship

Typically Director or above

Skills, Knowledge and Abilities

  • Strong knowledge of corporate and departmental accounting/finance practices, procedures and principles as well as solid knowledge of an insurance organization and industry

  • Advanced modeling skills including proficiency in Excel and analysis tools

  • Track record of delivering results with a high degree of accuracy

  • Ability to work independently and self-motivate in a rapidly changing environment

  • Ability to work with senior business partners within established deadlines

  • Familiarity with emerging AI technologies and a track record of incorporating them into workflows to enhance productivity and decision-making

  • Experience with BI tools, such as Tableau, PowerBI, or Looker

  • Experience with ETL tools, such as SQL or Alteryx, preferred but not required

  • Experience with Workday, Adaptive, and Google Cloud, preferred but not required

Education and Experience

  • Bachelor's degree in business, economics, finance, accounting, or equivalent

  • 3 or more years of finance experience or a related analytical field with progressively increasing levels of responsibility

#LI-MR1

#LI-Hybrid

In certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia,California, Colorado, Connecticut, Illinois,Maryland, Massachusetts, New York and Washington,the national base pay range for this job level is $54,000 to $103,000 annually. Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees – and their family members – achieve their physical, financial, emotional and social wellbeing goals.  For a detailed look at CNA’s benefits, please visit cnabenefits.com.

CNA utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page.

CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact 

leaveadministration@cna.com

Numbers & Facts

LocationChicago, Illinois
IndustryOther/Not Classified
Salary$54,000–$103,000 Per Year
Company Size100 to 499 employees
Year Founded1940
Websitehttps://www.cna.org/

About Company

CNA's approach to research is a modern iteration of the Newtonian principle that complex, dynamic processes are best understood through direct observation of events and people. That was the methodology CNA analysts first applied in the 1940s when they pioneered the field of operations research by helping the Navy address the German U-boat threat. Not content to study the problem from afar, this small group of MIT scientists insisted on deploying with Navy forces in order to observe operations and collect the data needed for meaningful analyses. Their groundbreaking work, and the anti-submarine warfare equations it produced, set a standard for operations research methods that CNA has maintained for 75 years. Today, with more than 500 professionals at our headquarters and 50 researchers in the field, CNA still takes a multi-disciplinary, real-world approach to our work. On-site analysts carefully observe all aspects of a process—people, decisions, actions, consequences—and then collaborate with a headquarters-based research team to assess data and arrive at findings. CNA's objective, empirical research and analysis helps decision makers develop sound policies, make better-informed decisions, and manage programs more effectively. Our work, which in its early decades focused solely on defense-related matters, has grown to include investigation and analysis of a broad range of national security, defense, and public interest issues including education, homeland security and air traffic management. Through our Center for Naval Analyses and Institute for Public Research, we provide public-sector organizations with the tools they need to tackle the complex challenges of making government more efficient and keeping our country safe and strong.

Skills

  • Accountingunmatched
  • Actuarial Skillsunmatched
  • Analysis Skillsunmatched
  • Artificial Intelligence (AI)unmatched
  • Automationunmatched
  • Business Intelligence Softwareunmatched
  • Business Processesunmatched
  • Business Supportunmatched
  • Certified Nursing Assistant (CNA)unmatched
  • Communication Skillsunmatched
  • Data Analysisunmatched
  • Database Extract Transform and Load (ETL)unmatched
  • Decision Supportunmatched
  • Economicsunmatched
  • Emerging Technologyunmatched
  • Expense Managementunmatched
  • Financeunmatched
  • Financial Analysisunmatched
  • Financial Fraudunmatched
  • Financial Operationsunmatched
  • Financial Planningunmatched
  • Financial Proceduresunmatched
  • Financial Reportingunmatched
  • Forecastingunmatched
  • Income Statementsunmatched
  • Insuranceunmatched
  • Leadershipunmatched
  • Long-Term Careunmatched
  • Lookerunmatched
  • Management Reportingunmatched
  • Metricsunmatched
  • Operations Planningunmatched
  • Performance Analysisunmatched
  • Power BIunmatched
  • Presentation/Verbal Skillsunmatched
  • Problem Solving Skillsunmatched
  • Process Improvementunmatched
  • Profit & Lossunmatched
  • Risk Managementunmatched
  • SQL (Structured Query Language)unmatched
  • Startupunmatched
  • Tableauunmatched
  • Team Playerunmatched
  • Time Managementunmatched

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