Senior Financial Analyst, Enterprise Risk Management (ERM)

Posted 2 Days Ago
Be an Early Applicant
Chicago, IL
Hybrid
54K-103K Annually
Mid level
Cloud • Insurance • Professional Services • Analytics • Cybersecurity
The Role
The Senior Financial Analyst will conduct economic and financial analyses to aid business strategy development, collaborating with leaders to forecast trends and perform complex financial analysis projects. Responsibilities include preparing financial reports, supporting scenario testing, and working on long-term financial forecasts supervised by AVP or above.
Summary Generated by Built In

You have a clear vision of where your career can go. And we have the leadership to help you get there. At CNA, we strive to create a culture in which people know they matter and are part of something important, ensuring the abilities of all employees are used to their fullest potential.
Job Summary
The mission of CNA's Enterprise Risk Management (ERM) function is to build upon an established risk management framework to support the achievement of the company's strategic goals. In order to do this, the ERM function collaborates with the business areas to integrate effective risk management practices across all areas of the business. The ERM function establishes an enterprise-wide view of acceptable risk levels and aggregates, models, and evaluates exposures across all areas of the business.
We are looking to add to the team a Senior Financial Analyst to perform economic and financial research and analysis for use in the development of business strategies and decision-making. This individual will participate in discussions with business leaders to develop economic forecasts of business conditions and trends, which may include statistical studies, and analyzing results. The Senior Analyst will support and/or lead moderately complex financial analysis projects. This highly visible role offers broad exposure to business leaders in all areas of the business, in addition to the opportunity to collaborate with Corporate Compliance and Internal Audit teams.
JOB DESCRIPTION:
Essential Duties & Responsibilities
Performs a combination of duties in accordance with departmental guidelines:

  • Incorporates advanced theoretical concepts as part of the explanation of financial results and develops various scenarios to illustrate the conclusions submitting findings and interpretations for review.
  • Accountable for independently identifying and investigating issues related to projects.Selects approach from accepted body of methodology or recommended alternatives.
  • Defines assumptions, which support the financial analysis and resulting recommendations of assigned projects.
  • Supports scenario and stress testing, including assumption setting, and collaborates with Corporate Development on rating agency model results.
  • Prepares, analyzes and reviews budgetary and financial reports. Determines reporting requirements, anomalies, trends and necessary analysis.
  • Collaborates in the development of long-range financial forecasts and related budgets considering alternative scenarios as needed.
  • May reconcile and maintain the financial analysis databases and related processes.
  • Participates in assigned special projects.


May perform additional duties as assigned.
Reporting Relationship
AVP or above
Skills, Knowledge & Abilities

  • Knowledge of corporate, departmental and industry accounting/finance policies, procedures and principles.
  • Solid knowledge of GAAP and/or statutory accounting principles.
  • Strong analytical and problem solving skills with the ability to effectively resolve moderately complex situations and issues.
  • Must be results oriented with the ability to work independently as well as in a team environment.
  • Detail-oriented with strong organizational skills and the ability to manage multiple projects effectively.
  • Strong interpersonal, verbal and written communication skills with the ability to effectively interact with accounting/finance and other staff and departments.
  • Strong knowledge of Microsoft Office Suite and other business-related software systems, including processing systems and applications.


Education & Experience

  • Bachelor's Degree, preferably in accounting or finance, or equivalent.
  • Typically a minimum three to four years of related financial analysis experience with work toward CPA, CFA, or professional insurance designation preferred.


#LI-MR1
#LI-HYBRID
I n certain jurisdictions, CNA is legally required to include a reasonable estimate of the compensation for this role. In District of Columbia , California, Colorado, Connecticut, Illinois , Maryland , Massachusetts , New York and Washington, the national base pay range for this job level is $54,000 to $103,000 annually.Salary determinations are based on various factors, including but not limited to, relevant work experience, skills, certifications and location. CNA offers a comprehensive and competitive benefits package to help our employees - and their family members - achieve their physical, financial, emotional and social wellbeing goals. For a detailed look at CNA's benefits, please visit cnabenefits.com .
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact [email protected] .

Top Skills

Financial Analysis
Gaap

What the Team is Saying

Meghan Bautista
Mehrzad Adelzadeh
Alison Massey
SenthilKumar Asokan
Zach Jones
Lisa Smith
Josie Lee
The Company
HQ: Chicago, IL
7,000 Employees
Hybrid Workplace
Year Founded: 1897

What We Do

CNA is one of the largest U.S. commercial property and casualty insurance companies. Backed by more than 125 years of experience, CNA provides a broad range of standard and specialized insurance products and services for businesses and professionals in the U.S., Canada and Europe.

As a company of allies, we understand the importance of fostering an inclusive and supportive culture for all employees. Our eight Employee Resource Groups elevate the voices of underrepresented groups and champion critical DEI initiatives in the workplace and beyond. We strive to promote an environment of inclusion and continuously work to ensure all employees feel valued and respected.

Why Work With Us

CNA knows the importance of having the tools you need to expand your expertise and develop your career. With a variety of cross-discipline and cross-functional opportunities, CNA provides you with the tools and resources needed to customize your career path and understand what is needed to be effective in your role.

Gallery

Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery
Gallery

CNA Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

Typical time on-site: Flexible
Company Office Image
HQChicago, IL
Located in the heart of the loop, CNA’s headquarters are at 151 N Franklin. With close proximity to both L and Metra stations.

Similar Jobs

CNA Logo CNA

Sr Financial Analyst, Technology (FP&A)

Cloud • Insurance • Professional Services • Analytics • Cybersecurity
Hybrid
Chicago, IL, USA
7000 Employees

CNA Logo CNA

AVP & Actuary, Pricing (P&C)

Cloud • Insurance • Professional Services • Analytics • Cybersecurity
Hybrid
Chicago, IL, USA
7000 Employees

CNA Logo CNA

Senior Financial Reporting Analyst - Investment Reporting

Cloud • Insurance • Professional Services • Analytics • Cybersecurity
Hybrid
Chicago, IL, USA
7000 Employees

Sign up now Access later

Create Free Account

Please log in or sign up to report this job.

Create Free Account