PEAK6 InsurTech knows that technology rules just about everything, which is why we wanted to bring insurance to the 21st century. We threw the rule book out the window and are forging our own path in the industry, and we want you to join us.
Joining PEAK6 InsurTech won’t lead you to just a job, it will lead you to a true career path. We value our employees, understand their career aspirations, and support them in their goals by making sure they have opportunities to develop and advance in a multitude of ways. At its heart, PEAK6 InsurTech, along with our subsidiaries We Insure and Team Focus Insurance Group, is focused on epic innovation and trail-blazing technology to serve our customers and partners better. Learn more about joining and growing in our future-focused environment – and being epic with us!
Position Objective
We are seeking a Financial Analyst at FOCUS who will be integral to efforts to use data to improve decision making, increase efficiency, and drive profitability, in a vision driven and growing organization. Ideal candidates will demonstrate the ability to manage multiple projects and responsibilities, maximize process efficiency, drive automation, and improve speed to delivery. Working in the Finance team at FOCUS means that you’ll always be presented with a variety of new possibilities as you continue to enhance your skills within the Insurance space. This position reports to the Manager, FP&A, and is a hybrid role at our office in Chicago.
What You’ll Do
Financial Reporting: Develop tools to provide critical financial analysis to FOCUS and PEAK6 leadership, and key stakeholders to improve decision-making and key performance metrics. Interpret complex financial information and provide updates, forecasts, and information as needed including identifying trends and variance analysis.
Financial Strategy and Planning. Assist in the development budgeting, forecasting, operating plans and long-term strategic forecasts. Support initiatives of FP&A Manager, Director of Finance, and senior management. Act as a liaison between finance and other departments to ensure alignment of financial goals.
Data Analysis: Conduct data analysis and scenario modeling to understand the cost structure and profitability of various insurance product lines. Recommend strategies for cost reduction, efficiency improvements, and revenue opportunities. Manipulate large data sets to analyze historical performance, track industry trends, determine results, and reveal trends.
Risk Assessment: Perform risk analysis related to financial performance, underwriting practices, and market conditions. Support sales teams in assessing the financial implications of claims, commission, reserves, and contracts. Assess existing cost levers and drivers and evaluate new business and revenue opportunities.
Business Partnership: Collaborate closely with FOCUS’ FP&A, accounting, and financial operations teams to continuously improve workflow. Have a "Hands on" mentality with the ability to work both independently and collaboratively with FOCUS’ internal departments and PEAK6 Finance on their ad-hoc analysis. Contribute to the enhancement of internal cost allocation methodologies.
Financial Systems and Automation: Proactively identify opportunities to implement efficiencies and implement internal controls. Play a key role in the development of cross-business standardization and implementation of financial and accounting automation platforms across Focus and Peak6
Essential:
Bachelor’s degree in Finance, Data Analytics, Accounting, or a related field
1-3 years of relevant experience in Finance, FP&A, or data analytics
Strong knowledge of financial modeling techniques and valuation methods
Prior industry experience in Insurance strongly preferred
Proficient in Microsoft Excel and financial analysis software; experience with ERP systems is a plus (Netsuite, Adaptive Insights)
Ability to communicate complex financial information clearly and effectively.
Strong grasp of income statement, balance sheet, and cash flow statements along with the ability to analyze financial results and assess impact of business decisions.
Strong written, verbal communication and presentation skills; must be able to convey information to all levels of the organization in a clear, focused, and concise manner
Nice to have
A tech-forward approach to managing day-to-day tasks – we love to automate and make things more efficient and so should you!
Proficient with generating visual graphs and creating impactful slide presentations
The desire to partner and collaborate with various teams across the organization.
Ability to provide value-added analytical management reporting, including ad-hoc requests, to help the organization
Wants to be part of a team that wins
All of our team members have these traits. You should, too.
Why join the PEAK6 InsurTech Team?
The PEAK6 InsurTech Difference:
- Medical, Dental, Vision, Life, Pet; Flexible Spending Account
- Competitive Salaries
- 401K Match
- Work-Life Balance: Personal Days, PTO Days, 12 Paid Holidays, Two Paid Days for Volunteer Service, Paid Parental Leave
- Short and Long-Term Disability
- Employee Support Programs, Including Mental Health
- Tuition Reimbursement
- Matching Charitable Gift Program
- Lucrative Referral Program
- Commuter Benefits
- Flexibility: Remote and Hybrid Opportunities Available
Founded by PEAK6 Investments in 2021, PEAK6 InsurTech began with the vision to challenge the status quo of the insurance industry and to revolutionize it. Along with our subsidiaries We Insure and Team Focus Insurance Group, we know it’s not about the corporation, it’s about the people. At its heart, PEAK6 InsurTech focuses on developing and implementing innovative technology and processes to serve its customers better. Whether propelling the insurance industry to run more efficiently or bringing together diversified businesses that span the entirety of the insurance lifecycle, PEAK6 InsurTech is dedicated to democratizing insurance and giving customers the power to choose.
SALARY RANGE
$64,000-$80,000Similar Jobs
What We Do
PEAK6 InsurTech was conceived with the vision to bring innovative technology and drive to the insurance sector; we know there are better ways to get things done and that our people and products can make that happen. As times evolve, so should the industry. PEAK6 InsurTech is bringing insurance into the 21st century, blazing trails through ongoing development and enhancement of innovative, tech-based solutions. As the parent company of several brands including We Insure PEAK6 InsurTech is working to elevate all our brands to best in class. The combined strength and capabilities of the PEAK6 InsurTech family of brands are unmatched and together have the ability to offer more. Our commitment is to deliver better value to customers through technological advancements, seamless service, and unrivaled, mutually beneficial agency and carrier partnerships. Insurance can be complicated, but it doesn't have to be. As our vision and work continue, we will transform insurance from "what is," into "what ought to be."
