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Mercury InsuranceMI

Sr Financial Analyst

Mercury Insurance is a top provider of auto and home insurance in California, renowned for competitive rates and excellent service.

Mercury Insurance

Employee count: 1001-5000

Salary: 84k-162k USD

United States only

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Overview

Position Summary:The primary job function is to prepare analysis of loss and loss expense reserves using various and complex actuarial methods.

Geo-Salary Information

An in-person interview may be required during the hiring process

State specific pay scales for this role are as follows:

$83,670 to $161,815 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA)

$76,064 to $147,104 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)

$68,457 to $132,394 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)

The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.

Responsibilities

Essential Job Functions:-Assists CFO with special troubleshooting projects.-Prepares financial and business-related analyses and research in areas of financial and expense performance, rate of return, depreciation, working capital, and investments.-Prepares forecast and analyses trends in sales, finance, general business conditions and other related areas.-Assists and provides supervision to other financial analysts. This position works on more complex tasks than that of a financial analyst.-Provides analytical support such as comparative industry data on loss ratios, premiums written and rate filings. -Prepares monthly and quarterly reports, summaries and forecasts for senior management. Assembles data from a variety of sources to prepare the reports.-Develops a thorough understanding of the Company's operation and accounting system. -Prepares and evaluates a variety of financial and operating reports including expense, profitability and forecasting analysis, and analyzing proposed changes.-Calculates the loss and loss adjustment expense reserve and other tables for the Form 10-K and the Annual Report.-Assist senior management in the detail review of the Form 10-K and the Annual Report. Assists in the development of report standards, formats and procedures.-Evaluates data and performs reconciliation to ensure data integrity.

Qualifications

Education:• Bachelor’s degree required• MBA or CPA preferredExperience:• 5 - 7 years of experience • Or equivalent combination of education and/or experience

Preferred Experience:

3+ years experience forecasting and budgeting

About the Company

Why choose a career at Mercury?

At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help others. Everyone needs insurance and we can’t imagine a world without it.

Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life.

We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals.

L1-TG1

Learn more about us here: https://www.mercuryinsurance.com/about/careers

Perks and Benefits

We offer many great benefits, including:

  • Competitive compensation
  • Flexibility to work from anywhere in the United States for most positions
  • Paid time off (vacation time, sick time, 9 paid Company holidays, volunteer hours)
  • Incentive bonus programs (potential for holiday bonus, referral bonus, and performance-based bonus)
  • Medical, dental, vision, life, and pet insurance
  • 401 (k) retirement savings plan with company match
  • Engaging work environment
  • Promotional opportunities
  • Education assistance
  • Professional and personal development opportunities
  • Company recognition program
  • Health and wellbeing resources, including free mental wellbeing therapy/coaching sessions, child and eldercare resources, and more

Mercury Insurance is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by federal, state, or local law.

Pay Range

USD $83,670.00 - USD $161,815.00 /Yr.

About the job

Apply before

Posted on

Job type

Other

Experience level

Salary

Salary: 84k-162k USD

Education

Bachelor degree

Experience

5 years minimum

Experience accepted in place of education

Location requirements

Hiring timezones

United States +/- 0 hours

About Mercury Insurance

Learn more about Mercury Insurance and their company culture.

View company profile

Mercury Insurance Services, LLC is a leading insurance provider in California, established in 1961 by George Joseph. The company is renowned for its commitment to offering competitive insurance rates and exceptional customer service. Mercury specializes in providing auto, home, renters, and business insurance. One of the company's standout features is its dedication to helping customers save money; statistics show that Californians save an average of $1,008 annually with Mercury Auto Insurance. This impressive figure highlights the company's effectiveness in creating tailored insurance solutions for a diverse clientele.

As a key player in the insurance industry, Mercury is recognized as one of the largest private passenger automobile insurers in California, with over $4.5 billion in total assets and more than 4,500 employees. The company operates through a robust network of over 8,000 independent agents, ensuring personalized service and access to comprehensive coverage options. The company's claims process stands out for its 24/7 availability, allowing customers to file claims at any time. Additionally, Mercury guarantees any repairs completed by authorized repair shops, demonstrating its commitment to quality and customer satisfaction.

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Mercury Insurance

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