FP&A Analyst

Group 1001 is a consumer-centric, technology-driven family of insurance companies on a mission to deliver outstanding value and operational performance by combining financial strength and stability with deep insurance expertise and a can-do culture. Group1001’s culture emphasizes the importance of collaboration, communication, core business focus, risk management, and striving for outcomes. This goal extends to how we hire and onboard our most valuable assets – our employees.

Company Overview:

Clear Spring Property and Casualty Group (CSPCG) is comprised of four insurance carriers (Clear Spring Property and Casualty Company, Clear Spring Casualty Insurance Company, Clear Spring American Insurance Company, and Clear Spring National Insurance Company), each rated A- (Excellent) by A.M. Best. CSPCG assists companies in protecting themselves from today’s challenges through technology and innovation. CSPCG provides worker’s compensation, general liability, and other coverages through strong agency relationships.

Accounting and Finance early career professionals it's time to take the next step on your career path to Financial Planning & Analysis.

If you have gained a solid foundation in GAAP/statutory accounting/finance, have a strong understanding of financial statements and financial reporting, this is an opportunity to showcase your analytical skills, data analysis experience, and become more involved with financial modeling, budgeting, and forecasting in the insurance industry.

The Clear Spring Property & Casualty finance team is looking to add an FP&A Analyst. You will collaborate with experienced accounting and finance professionals, receive one-on-one mentorship while gaining more hands on experience preparing monthly P&L (actual versus plan forecast)

You'll utilize your strong communication skills and ability to analyze complex financial data to identify trends and insights. In this role you will report to a Senior Financial Analyst and collaborate across the organization to develop an annual 3-year plan including quarterly forecasts, by major program for Board of Directors, Senior Management, and AM Best

We will leverage your variance analysis skills where you are responsible to complete monthly P&L by program (actual versus plan forecast) and use your analytical skills to breakdown the performance into key drivers as earned premium, expenses, losses, and new business.

You will develop explanations of variances to expected results to report to the CFO of Clear Spring Property & Casualty. Daily you'll perform ongoing monthly monitoring of service providers and expense charges for compliance assurance with the contract terms.

As you integrate into the financial planning and analysis team, you'll gain understanding of the economics within each program and analyze the profitability of each relationship.

Take the next step on your FP&A career path with a dynamic and growing organization at Group 1001.

You will have successfully achieved the following:

• Bachelor's degree in accounting or finance is required

• 1-3 years of relevant accounting and finance experience in the insurance industry ideally with property casualty.

• Strong analytical skills and proficiency building financial models

• Experience with Workday Financials is a plus

• Strong Excel and financial systems skills

• Excellent interpersonal and communication skills as this position interacts with numerous departments within the company

• Strong organizational skills

• Perform duties under deadline pressure with multi‐tasking capabilities

• Perform effectively when changes in priorities, direction and resources occur

• This is a fully remote position and requires travel one week per quarter for meetings.

Our compensation reflects the cost of labor across several U.S. geographic markets. The base pay for this position ranges from $80,000/year in the lowest market up $105,000/year in our highest geographic market.  Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.

Benefits Highlights:  

Employees who meet benefit eligibility guidelines and work 30 hours or more weekly, have the ability to enroll in Group 1001’s benefits package. Employees (and their families) are eligible to participate in the Company’s comprehensive health, dental, and vision insurance plan options.  Employees are also eligible for Basic and Supplemental Life Insurance, Short and Long-Term Disability. All employees (regardless of hours worked) have immediate access to the Company’s Employee Assistance Program and wellness programs—no enrollment is required.  Employees may also participate in the Company’s 401K plan, with matching contributions by the Company.

Group 1001, and its affiliated companies, is strongly committed to providing a supportive work environment where employee differences are valued. Diversity is an essential ingredient in making Group 1001 a welcoming place to work and is fundamental in building a high-performance team. Diversity embodies all the differences that make us unique individuals.  All employees share the responsibility for maintaining a workplace culture of dignity, respect, understanding and appreciation of individual and group differences.