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Sr. Business Analyst

AM Best Company
Posted 3 months ago, valid for 10 days
Location

Tewksbury, NJ, US

Salary

$100,000 - $110,000 per year

Contract type

Full Time

Paid Time Off

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Sonic Summary

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  • The Sr. Business Analyst position requires a minimum of 5 years of relevant experience in financial services or related analytical roles.
  • This role supports the Business Development team by contributing to budgeting, pricing analysis, and management reporting.
  • The position offers a salary commensurate with experience and includes benefits such as flexible work arrangements, medical and dental plans, and a 401(k) retirement savings plan.
  • Candidates should possess a Bachelor's Degree in Finance, Accounting, Economics, or a related field, with strong analytical and communication skills.
  • Experience in the insurance industry or at a rating agency is preferred, along with proficiency in Microsoft Excel and familiarity with data visualization tools.

Benefits Summary

  • Flexible and hybrid work arrangements
  • Paid time off/Paid company holidays 
  • Medical plan options/prescription drug plan
  • Dental plan/vision plan options
  • Flexible spending and health savings accounts
  • 401(k) retirement savings plan with a Roth savings option and company matching contributions
  • Educational assistance program

Overview

The Sr. Business Analyst is a member of the Business Development team and supports a range of financial and analytical activities within the group. The Sr. Business Analyst contributes to budgeting, pricing analysis and management reporting, while also supporting the team's interactions with rated clients. The position works closely with internal stakeholders and senior management to provide timely, accurate financial information and analysis to support business operations and decision-making.

Responsibilities

• Gather, analyze and validate financial data from AMB systems to support reporting and analysis• Prepare recurring and ad hoc financial reports for senior management and the Board of Directors• Support budgeting and planning activities, including variance analysis and performance tracking• Develop and maintain financial models and analyses to support pricing and other business initiatives• Assist in managing aspects of client relationships, including responding to inquiries and supporting commercial discussions via phone and email• Collaborate with internal teams to ensure consistency and accuracy of financial data and reporting• Participate in the preparation of materials and presentations for senior management updates• Contribute to ongoing improvements in reporting processes and analytical tools

Qualifications

• Bachelor’s Degree required. Preferred areas of study are Finance, Accounting, Economics or related field• Minimum of 5 + years of relevant experience in financial services, financial planning and analysis or related analytical role• Experience in the insurance industry or at a rating agency is a plus

Skills

• Strong analytical and problem-solving skills with the ability to interpret financial data • Effective written and verbal communication skills with strong attention to detail • Ability to handle sensitive and confidential information with discretion • Demonstrated ability to support professional and constructive commercial interactions • Proficiency in Microsoft Office Suite, particularly Excel • General understanding of financial analysis, corporate finance and accounting principles • Ability to work independently as well as collaboratively within a team environment • Experience with data visualization or reporting tools (e.g. PowerBI) is a plus • Familiarity with capital markets or the ratings process is a plus • Knowledge of AM Best's products and services is a plus



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