Financial Analyst

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2 Locations
In-Office
Mid level
Insurance
The Role
Supports financial and operational effectiveness through activity-based costing, budgeting, forecasting, variance analysis, reporting, and cost-benefit analysis. Extracts and analyzes data from multiple systems, resolves financial and data discrepancies, prepares period-end reports, identifies cost-saving opportunities, and recommends process improvements. The role also partners with operational teams and communicates financial insights to support business decisions.
Summary Generated by Built In

Financial Analyst – Assurant India

Financial Analyst supports operational and financial effectiveness by leveraging

activity-based costing methodologies to analyze and improve business performance.

This role is responsible for extracting and analyzing financial and operational data from

various systems, with a focus on resource tracking and reporting.

This position will be based in Hyderabad/Bengaluru/Chennai location in India.

Working Hours – 3:30 PM – 12:30 AM IST

What will be my duties and responsibilities in this job?

  • Develop and maintain reports to support forecasting, trend analysis, and
  • performance evaluation.
  • Utilize software tools such as Excel, Access, and other databases to compile, manipulate, and format financial and operational data.
  • Identify, investigate, and resolve discrepancies in financial, accounting, and data quality.
  • Analyze financial and operational data to assess historical performance and project future outcomes; provide recommendations for budget adjustments and cost-saving opportunities.
  • Perform statistical, cost, and financial analyses using data from various internal systems.
  • Recommend and implement process improvements to enhance operational efficiency.
  • Participate in operational meetings to gather insights and support management in evaluating business decisions.
  • Apply critical thinking to challenge assumptions, identify root causes, and propose innovative solutions.
  • Assist operational teams in preparing and managing their budgets.
  • Analyze monthly operating variances and summarize key business metrics, comparing actual results to forecasts and plans.
  • Prepare and distribute month-end, quarter-end, and year-end financial reports to relevant stakeholders.
  • Conduct cost-benefit analyses for projects and initiatives to support strategic decision-making.

What are the requirements needed for this position?

Education

  • Bachelor’s degree in Business, Finance, Accounting, or Information Systems

Experience

  • Minimum of 3 years of experience in financial analysis, including budgeting,
  • forecasting, and data interpretation
  • Advanced proficiency in Microsoft Excel and Access
  • Strong analytical and problem-solving skills
  • Excellent attention to detail and accuracy in data handling
  • Ability to communicate complex financial information clearly to non-financial stakeholders

Preferred Skills

  • Experience with activity-based costing or resource tracking methodologies
  • Familiarity with financial systems such as SAP, Oracle, or similar ERP platforms
  • Experience working in a shared services or multi-site operational environment

Helping People Thrive in a Connected World
Connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. Learn more at jobs.assurant.com.

What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 14 countries and awarded the Fortune America’s Most Innovative Companies recognition, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.

Company Overview
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.

AI and Biometric UsageAssurant supports the responsible use of Artificial Intelligence (AI), but we want to know the real you. Visit our AI Usage Guidelines page to understand what we expect from applicants regarding their use of AI during the application process. Since we would like to know the real you, we require that all of our virtual interviews be conducted on video.  Employment is contingent upon completion of a required identity verification process, which may include biometric technology, where permitted by applicable law and subject to applicable notice and consent requirements. See our Privacy Notice to learn about Assurant’s privacy practices, including our use of AI-enabled technology, automated decision making, and biometric information.
Job Scam Alert
Please be aware that during Assurant's application process, we will never ask for personal information such as your National ID number, bank account details, or passwords. Learn more about what to look out for and how to report a scam here.

Skills Required

  • Bachelor's degree in Business, Finance, Accounting, or Information Systems
  • Minimum 3 years of experience in financial analysis, including budgeting, forecasting, and data interpretation
  • Advanced proficiency in Microsoft Excel and Microsoft Access
  • Strong analytical and problem-solving skills
  • Excellent attention to detail and accuracy in data handling
  • Ability to communicate complex financial information clearly to non-financial stakeholders
  • Experience with activity-based costing or resource tracking methodologies
  • Familiarity with financial systems such as SAP, Oracle, or similar ERP platforms
  • Experience working in a shared services or multi-site operational environment

Assurant Compensation & Benefits Highlights

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

  • Healthcare Strength Healthcare coverage is described as comprehensive, with multiple medical plan options, dental and vision, and added supports like mental health and wellness programs. Eligibility extending to part-time employees working 20+ hours/week and day-one access to medical coverage strengthens perceived protection.
  • Retirement Support Retirement benefits are positioned as a standout, featuring a 401(k) with a dollar-for-dollar match up to 6% of base salary. Additional financial programs such as an employee stock purchase plan with a discount add to the overall long-term value.
  • Parental & Family Support Family-focused benefits are broad, including paid parental leave, adoption/surrogacy assistance, fertility support, and backup care offerings. These provisions indicate material support for different family-building paths and caregiving needs.

Assurant Insights

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The Company
HQ: Atlanta, GA
16,338 Employees
Year Founded: 1892

What We Do

We work with the world’s top brands to make smart devices simpler. Vehicles last longer. Homes more secure. Problems easier to solve. And we volunteer in communities all over the globe to help the world become a greener, better place. We come from a variety of countries, cultures, and backgrounds. But we’re united by our enduring values of common sense, common decency, uncommon thinking, and uncommon results. So connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. We protect and secure: 62 million mobile devices 54 million motor vehicles 102 million household valuables, appliances, and electronics 31 million mortgages 55 million travelers and credit card holders And that's just the beginning.

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