JobsBusiness & Financial AnalystChicagoLife & Group Senior Financial Analyst
CNA Insurance
Posted today · Jobs at CNA Insurance
Life & Group Senior Financial Analyst
CNA Insurance · Chicago, Illinois, United States
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In short
The analyst will prepare monthly financial and management reporting packages while collaborating with actuarial and accounting teams to explain income statement results. They will also drive process improvements, manage expense forecasts, and provide actionable insights to senior leadership.
What they're looking for
MUST-HAVE SKILLS
ALSO MENTIONED
Candidates must hold a bachelor's degree in finance, accounting, or a related field and possess at least 3 years of relevant analytical experience. Proficiency in financial modeling, Excel, and BI tools is required, along with strong communication skills.
About the employer
CNA Insurance
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.
- INDUSTRY
- Insurance
- COMPANY
- Public Company
- HEADQUARTERS
- Chicago, Illinois
- SIZE
- 5,001-10,000
- OFFICES
- 1 on LinkedIn
- OPEN HERE
- 2 roles
KNOWN FOR
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Questions about this role
- Is this CNA Insurance role remote?
- Tagged hybrid.
- What does it pay?
- The posting lists $54,000–$103,000 a year.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 2-5 years.
The posting, in full
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. CNA’s Long-Term Care (LTC) business unit is not your typical slow moving insurance company; we have the resources of a large company behind us and operate with a start-up mindset. With a team of over 50 across multiple insurance disciplines of Operations, Claim, Anti-Fraud, Finance, Actuarial and Data Analytics, we move quickly and have clear insight into how we make an impact. With approximately $14b in reserves serving 300k policyholders, CNA’s LTC business is an important strategic priority for CNA.
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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.
CNA’s Long-Term Care (LTC) business unit is not your typical slow moving insurance company; we have the resources of a large company behind us and operate with a start-up mindset. With a team of over 50 across multiple insurance disciplines of Operations, Claim, Anti-Fraud, Finance, Actuarial and Data Analytics, we move quickly and have clear insight into how we make an impact. With approximately $14b in reserves serving 300k policyholders, CNA’s LTC business is an important strategic priority for CNA.
This is an exciting opportunity to leverage financial expertise to support critical business processes and assist in advising business partners. Come work in a highly collaborative environment with key internal leaders and stakeholders to support profitability and risk mitigation strategies. Use your financial skillset and strengths to deliver deeper insights into income statement results and operational metrics, optimize and streamline reporting and processes, build out new analytical resources, participate in special projects, and be a key player in financial and operational forecasts and plans.
This position works a flexible hybrid schedule from the CNA Chicago office (151 N Franklin St.) with a focus on professional development
JOB DESCRIPTION:
Essential Duties and Responsibilities
Performs a combination of duties in accordance with departmental guidelines:
- Develop results analysis to contextualize performance against business unit financial and operational goals
- Prepare monthly financial reporting results packages and support analysis to explain income statement results in close collaboration with Actuarial and Accounting partners
- Prepare monthly management reporting results packages and supporting analysis in support of Claim and Operations leadership’s oversight of CNA’s third-party administrators who manage CNA’s claims and policyholder interactions
- Participate in annual financial planning process and reporting in close partnership with Actuarial and Operational teams
- Manage monthly expense forecast assembly and reporting to enable informed decisions and contextualize business trajectory
- Analyze company performance to generate insights relative to peer companies
- Leverage financial expertise to recognize and resolve emerging issues, independently investigate anomalies and variances in data
- Support decision-makers through effective verbal and written communication
- Synthesize key insights, clearly and concisely communicating them with actionable recommendations to senior leadership
- Drive process improvement and automation
May perform additional duties as assigned.
Reporting Relationship
Typically Director or above
Skills, Knowledge and Abilities
- Strong knowledge of corporate and departmental accounting/finance practices, procedures and principles as well as solid knowledge of an insurance organization and industry
- Advanced modeling skills including proficiency in Excel and analysis tools
- Track record of delivering results with a high degree of accuracy
- Ability to work independently and self-motivate in a rapidly changing environment
- Ability to work with senior business partners within established deadlines
- Familiarity with emerging AI technologies and a track record of incorporating them into workflows to enhance productivity and decision-making
- Experience with BI tools, such as Tableau, PowerBI, or Looker
- Experience with ETL tools, such as SQL or Alteryx, preferred but not required
- Experience with Workday, Adaptive, and Google Cloud, preferred but not required
Education and Experience
- Bachelor's degree in business, economics, finance, accounting, or equivalent
- 3 or more years of finance experience or a related analytical field with progressively increasing levels of responsibility
#LI-MR1
#LI-Hybrid
In 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 utilizes AI-enabled technology during the recruiting process. For more information, please visit our careers page.
CNA is committed to providing reasonable accommodations to qualified individuals with disabilities in the recruitment process. To request an accommodation, please contact leaveadministration@cna.com
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