Entry Level Financial Analyst

Posted Yesterday
Hiring Remotely in US
Remote
53K-80K Annually
Entry level
Insurance
The Role
Transform financial data into actionable insights through reporting, dashboards, and analyses. Investigate variances, identify trends and risks, collaborate with stakeholders, prepare executive presentations, and improve reporting processes. Work requires strong analytical thinking, curiosity, and the ability to operate in ambiguous, fast-paced environments.
Summary Generated by Built In

At Allstate, great things happen when our people work together to protect families and their belongings from life’s uncertainties. And for more than 90 years, our innovative drive has kept us a step ahead of our customers’ evolving needs. From advocating for seat belts, air bags and graduated driving laws, to being an industry leader in pricing sophistication, telematics, and, more recently, device and identity protection. 

Job Description

The Financial Analyst is a highly analytical and detail-oriented professional responsible for transforming complex financial data into meaningful business insights. This role is heavily focused on reporting, financial analysis, and storytelling through data. The ideal candidate is naturally inquisitive, enjoys working through ambiguity, and can identify trends, opportunities, and risks that are not always immediately apparent. Success in this position requires strong critical thinking skills, intellectual curiosity, and the ability to connect data to business outcomes.

Key Responsibilities

  • Develop, maintain, and enhance recurring and ad hoc financial reports, dashboards, and analyses that provide actionable insights to business partners and leadership.
  • Analyze financial performance, identify key drivers of results, and communicate findings through clear and compelling presentations and reports.
  • Translate large volumes of data into meaningful business narratives that support strategic decision-making.
  • Partner with cross-functional stakeholders to answer complex business questions, often with limited direction or incomplete information.
  • Use fact-based, forward-looking analysis to identify emerging risks, opportunities, and trends impacting financial performance.
  • Investigate variances, isolate root causes, quantify impacts, and forecast business implications.
  • Prepare financial updates, executive presentations, and supporting materials that clearly communicate key insights and recommendations.
  • Continuously improve reporting processes, data quality, and analytical methodologies to increase efficiency and effectiveness.
  • Thrive in an environment with significant gray area, using sound judgment and analytical thinking to determine the most relevant insights and recommendations.

Preferred Qualifications

  • 0–2 years of experience in financial analysis, reporting, business analytics, accounting, finance, consulting, or a related analytical field.
  • Strong analytical, problem-solving, and critical thinking skills with the ability to uncover insights from complex data sets.
  • Advanced proficiency with Excel and experience working with financial models, reporting tools, or business intelligence platforms.
  • Strong communication and presentation skills with the ability to convey complex information to diverse audiences.
  • Demonstrated curiosity and a proactive approach to identifying trends, asking questions, and solving business problems.
  • Ability to manage multiple priorities and work effectively in a fast-paced environment with evolving business needs and ambiguous situations.

What Makes This Role Unique

This role is ideal for someone who enjoys digging into data, uncovering insights, and solving complex business problems. A significant portion of the work involves building and analyzing reports, identifying trends, and developing data-driven recommendations. The environment often presents ambiguity and evolving priorities, making intellectual curiosity, adaptability, and a willingness to challenge assumptions key to success.

Skills

Analytical Thinking, Business Analytics, Client Counseling, Critical Thinking, Decision Making, Detail-Oriented, Financial Acumen, Financial Analysis, Microsoft Excel, Problem Solving, Reporting

Compensation

Compensation offered for this role is 52,800.00 - 80,475.00 annually and is based on experience and qualifications.

The candidate(s) offered this position will be required to submit to a background investigation.


Joining our team isn’t just a job — it’s an opportunity. One that takes your skills and pushes them to the next level. One that encourages you to challenge the status quo. One where you can shape the future of protection while supporting causes that mean the most to you. Joining our team means being part of something bigger – a winning team making a meaningful impact.

Allstate generally does not sponsor individuals for employment-based visas for this position.

Effective July 1, 2014, under Indiana House Enrolled Act (HEA) 1242, it is against public policy of the State of Indiana and a discriminatory practice for an employer to discriminate against a prospective employee on the basis of status as a veteran by refusing to employ an applicant on the basis that they are a veteran of the armed forces of the United States, a member of the Indiana National Guard or a member of a reserve component.

For jobs in San Francisco, please click “here” for information regarding the San Francisco Fair Chance Ordinance.

For jobs in Los Angeles, please click “here” for information regarding the Los Angeles Fair Chance Initiative for Hiring Ordinance.

To view the “EEO Know Your Rights” poster click “here”. This poster provides information concerning the laws and procedures for filing complaints of violations of the laws with the Office of Federal Contract Compliance Programs.

To view the FMLA poster, click “here”. This poster summarizing the major provisions of the Family and Medical Leave Act (FMLA) and telling employees how to file a complaint.

It is the Company’s policy to employ the best qualified individuals available for all jobs. Therefore, any discriminatory action taken on account of an employee’s ancestry, age, color, disability, genetic information, gender, gender identity, gender expression, sexual and reproductive health decision, marital status, medical condition, military or veteran status, national origin, race (include traits historically associated with race, including, but not limited to, hair texture and protective hairstyles), religion (including religious dress), sex, or sexual orientation that adversely affects an employee's terms or conditions of employment is prohibited. This policy applies to all aspects of the employment relationship, including, but not limited to, hiring, training, salary administration, promotion, job assignment, benefits, discipline, and separation of employment.


Allstate provides a comprehensive technology setup, including a laptop, monitors, headset, keyboard, and mouse. Employees eligible to work from home also receive a monthly connectivity reimbursement to help offset internet costs.


When working from home, you must have a dedicated, private workspace free from distractions, along with appropriate desk and seating. Reliable internet is required, with minimum speeds of 50 MB download and 5 MB upload.

Skills Required

  • 0-2 years of experience in financial analysis, reporting, business analytics, accounting, finance, consulting, or a related analytical field.
  • Strong analytical, problem-solving, and critical thinking skills.
  • Advanced proficiency with Microsoft Excel and experience with financial models, reporting tools, or business intelligence platforms.
  • Strong communication and presentation skills to convey complex information to diverse audiences.
  • Demonstrated curiosity and proactive approach to identifying trends and solving business problems.
  • Ability to manage multiple priorities and work effectively in a fast-paced environment with ambiguous situations.
  • Successful completion of a background investigation.
  • When working from home: dedicated private workspace and reliable internet (minimum 50 Mbps download / 5 Mbps upload).

Allstate Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Allstate and has not been reviewed or approved by Allstate.

  • Retirement Support Retirement offerings include a 401(k) with company match and a company-funded pension, providing notable long-term value. These features are described as standout components of the package.
  • Leave & Time Off Breadth Paid time off is described as generous, with vacation and parental leave available. This breadth of leave supports work-life needs for a range of situations.
  • Flexible Benefits Flexible work arrangements include options for in-office, remote, or hybrid work. This flexibility is positioned as a meaningful part of the total rewards experience.

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The Company
HQ: Northbrook, IL
57,671 Employees
Year Founded: 1931

What We Do

At Allstate, we're advocates for peace of mind and a good life. And that comes through in everything we do. From building diverse and innovative teams that truly understand our customers' needs, to challenging each other to develop our careers in a meaningful way, and finally to the incredible results we're able to achieve together. See how we’re creating a better future through innovation, advocacy, and empowering people and communities

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