Senior Financial Analyst, Commercial Markets Job in Weston 02493, Massachusetts US
Senior Financial Analyst, Commercial Markets
Liberty Mutual Insurance
“Helping people live safer, more secure lives” since 1912, Boston-based Liberty Mutual Insurance is a diversified global insurer and third largest property and casualty insurer in the U.S. based on A.M. Best Company’s report of 2010 net written premium. Liberty Mutual also ranks 82nd on the Fortune 100 list of largest corporations in the U.S. based on 2010 revenue. As of December 31, 2010, Liberty Mutual had $112.4 billion in consolidated assets, $95.4 billion in consolidated liabilities, and $33.2 billion in annual consolidated revenue.
Liberty Mutual Insurance offers a wide range of insurance products and services, including personal automobile, homeowners, workers compensation, property, commercial automobile, general liability, global specialty, group disability, reinsurance and surety.
Liberty Mutual Insurance (www.libertymutual.com) employs over 45,000 people in more than 900 offices throughout the world.
Advance your career at Liberty Mutual - A Fortune 100 Company!
Commercial Markets Finance is actively searching for a Senior Financial Analyst to join the Credit team. This position analyzes financial statements, operational and industry performance data as well as trends of renewing and prospective policyholders and prepares credit reviews. The role requires active communication with stakeholders including underwriters, distribution managers, and external company representatives, including senior managers.
Responsibilities:
- Reviews and analyzes financial statements for private and publicly owned companies
- Examines operational and industry performance data, as well as trends of renewing and prospective policyholders
- Understands and interprets financial statements prepared in accordance with GAAP, or IFRS, as well as disclosures required by the SEC
- Understands the impact that various organizational, investment, debt and tax structures have on the creditworthiness of subject companies
- Regularly accesses and appropriately utilizes a variety of informational resources to identify and understand industry trends and gauge subject company's performance relative to industry and peer group trends
- Understands insurance products offered to Commercial Market customers, including the accounting treatment and cash flow patterns of these products and their related credit risk
- Assigns a Credit rating to subject companies based on the Credit policy and supports the rating in a concise and articulate credit review that addresses the subject company's data, delinquency, solvency, and industry risk
- Prepares credit reviews that identify pertinent information and specific recommendations regarding payment and collateral terms that consider the credit risk associated with insurance plans that are likely to be quoted
- Actively communicates with internal and external stakeholders including underwriters, distribution managers, agents, and brokers and subject company representatives including senior managers
- Handles special projects of moderate complexity
Qualifications:
- Bachelor's degree (Finance or Accounting preferred)
- Minimum of 3 years of financially related experience
- Solid understanding of financial accounting, accounting standards, economics and finance required
- Demonstrated decision-making abilities
- Strong written and verbal communication skills, organizational, and negotiation skills
Benefits:
We recognize that talented people are attracted to companies that provide competitive pay, comprehensive benefits packages and outstanding advancement opportunities. For this reason we offer a Comprehensive Benefits Plan that includes the following:
- 401K and Company paid pension plan
- Medical coverage
- Dental coverage
- Paid time-off
- Pay-for-Performance
- Discounts on automobile and homeowner's insurance
- Discount fitness memberships
- Flexible spending accounts
- Tuition reimbursement
- Vision care coverage
- Work/Life resources
- Credit Union membership
- Employee and Dependent life insurance
- Disability insurance
- Long-term care insurance
Overview:
We believe strongly that commercial success can be achieved in a manner consistent with principles and ideals that bind us together as one company, that set us apart from our competitors, and that in the end will allow us to say we have succeeded commercially by doing the right thing the right way
We believe that the Company's success is inextricably linked to our employees' satisfaction and success: satisfaction that they work for an industry leader committed to improving safety, satisfaction that they work for a company that does the right thing, and satisfaction that the company will reward them for their contributions and provide opportunities for personal growth and success.
We believe our employees take pride in knowing that they help people live safer more secure lives every day.
