Senior Finance Business Analyst

Posted 2 Days Ago
2 Locations
In-Office
120K-140K Annually
Senior level
Insurance • Financial Services
The Role
Leads Finance transformation initiatives by gathering requirements, improving processes, standardizing operations, and implementing technology-enabled solutions. Partners with Finance, IT, project managers, and business stakeholders to design scalable solutions, manage risks, support automation, conduct testing and training, and drive adoption while meeting accounting and regulatory requirements.
Summary Generated by Built In

Job Description

Are you looking for your next opportunity?

Sompo has a unique opportunity for a Senior Finance Business Analyst in our Finance Change team.

As the Senior Finance Business Analyst, you will drive Finance transformation by identifying opportunities to improve processes and technology and translating business needs into practical, scalable solutions. You will partner with Finance, IT, and business stakeholders to deliver initiatives that improve efficiency, standardization, quality, and effectiveness. By aligning business needs with Finance’s strategic priorities, you will help shape and implement capabilities that strengthen Finance’s operating model and support its continued evolution.

Location: This position will be based out of our New York City or Morristown, NJ office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.

Our business, your impact, our opportunity:

What you’ll be doing:

  • Lead business analysis and process improvement initiatives, from requirements gathering and process design through implementation.
  • Partner with Finance, IT, and cross-functional stakeholders to design and implement end-to-end solutions that improve efficiency, standardization, controls, and quality while meeting accounting and regulatory requirements.
  • Facilitate process walkthroughs, identify improvement opportunities, and drive stakeholder alignment and adoption.
  • Promote global process standardization and leading practices while assessing and managing necessary business-specific deviations.
  • Partner with project managers to identify risks, develop mitigation and contingency plans, and support successful delivery.
  • Support technology-enabled process automation and implementation, including change impact assessments, business readiness, testing, training, and adoption.
  • Collaborate with Change Management and other delivery teams to ensure clear communication and successful implementation.

What you’ll bring:

  • 3–7 years of experience in business analysis, finance transformation, process improvement, or a related field, with strong knowledge of Finance and Accounting processes and best practices.
  • Proven ability to translate business needs into practical solutions and lead initiatives from requirements gathering and process design through implementation.
  • Experience partnering with Finance, IT, and cross-functional stakeholders to drive process optimization, standardization, automation, and technology-enabled solutions.
  • Strong facilitation, communication, and stakeholder management skills, with the ability to influence and engage senior leaders and build consensus across teams.
  • Strong organizational and project management skills, including the ability to manage competing priorities, identify risks, and deliver results in a matrixed environment.
  • Experience with P&C insurance and/or reinsurance preferred; SAP and Power BI experience a plus.

Salary Range: $120,000 – $140,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.

At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.

Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms.  The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.

We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents.  Below is a summary of our current comprehensive U.S. benefit programs:

  • Two medical plans to choose from, including a Traditional PPO & a Consumer Driven Health Plan with a Health Savings account providing a competitive employer contribution
  • Pharmacy benefits with mail order options
  • Dental benefits including orthodontia benefits for adults and children
  • Vision benefits
  • Health Care & Dependent Care Flexible Spending Accounts
  • Company-paid Life & AD&D benefits, including the option to purchase Supplemental life coverage for employee, spouse & children
  • Company-paid Disability benefits with very competitive salary continuation payments
  • 401(k) Retirement Savings Plan with competitive employer contributions
  • Competitive paid-time-off programs, including company-paid holidays
  • Competitive Parental Leave Benefits & Adoption Assistance program
  • Employee Assistance Program
  • Tax-Free Commuter Benefit
  • Tuition Reimbursement & Professional Qualification benefits

Who we are and what we stand for:

At Sompo, our shared purpose is to create meaningful value for clients, communities, and each other. We strive to foster a workplace where everyone feels respected, included, and empowered to excel. As a global organization, we embrace diversity and champion equal opportunity. Guided by our core values—Accountability, Agility, Collaboration, Development, and Integrity—we build trust and support one another to achieve our goals worldwide. Life at Sompo page

Our values come to life in how we hire and grow talent. Employment decisions are based on qualifications, merit, and organizational need, and we strive to ensure equitable access to opportunities so everyone can do their best work. If you need an accommodation for any part of the application process, please contact the recruiter in charge.

Skills Required

  • 3-7 years of experience in business analysis, finance transformation, process improvement, or a related field
  • Strong knowledge of Finance and Accounting processes and best practices
  • Experience translating business needs into practical solutions and leading initiatives from requirements gathering through implementation
  • Experience partnering with Finance, IT, and cross-functional stakeholders to drive process optimization, standardization, automation, and technology-enabled solutions
  • Strong facilitation, communication, and stakeholder management skills
  • Ability to influence senior leaders and build consensus across teams
  • Strong organizational and project management skills
  • Ability to manage competing priorities, identify risks, and deliver results in a matrixed environment
  • Experience with P&C insurance and/or reinsurance
  • SAP experience
  • Power BI experience
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The Company
20,166 Employees
Year Founded: 2017

What We Do

Sompo International is a global provider of property, casualty, specialty insurance and reinsurance, serving commercial and consumer clients. Its offerings span areas such as agriculture, professional liability, property, marine, energy, casualty and other specialty lines, alongside catastrophe and other reinsurance. The company combines global capabilities with local expertise to develop customized risk solutions, support clients and business partners, and provide coverage and service across international markets.

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