Senior Claims Finance Analyst

🔥 1 hour ago

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Branch

501 - 1000 employees

Founded 2017

💸 Finance

👥 B2C

Finance • Insurance • B2C

Branch is a digital insurance company that simplifies the process of purchasing home and auto insurance by offering users a quick and straightforward way to obtain coverage. By leveraging technology and secure data, Branch provides accurate pricing and personalized policies while ensuring affordability through reduced advertising and community-focused savings. They emphasize excellent customer service and fast claims processing, making the experience seamless for their customers.

📋 Description

• Own monthly and quarterly reporting on claims performance, including efficiency metrics, expense components, and revenue streams (TPA fees, recoveries, subrogation, salvage). • Collaborate with the claims, accounting, actuarial, and data analytics teams to gather data on cycle time, processing efficiency, and other KPIs. • Conduct detailed analysis of expense components and revenue-generating activities to support accurate and timely financial reporting. • Identify trends and patterns in claims data to support decision-making and process improvement initiatives. • Assist in developing financial models and tools to enhance claims analysis and forecasting capabilities. • Stay informed on industry best practices and regulatory changes to continuously improve reporting processes.

🎯 Requirements

• Bachelor’s degree in Finance, Accounting, Economics, Statistics, or another quantitative field. Advanced degree or professional certification are a plus. • 2-4 years of experience in financial analysis, data analytics, or a similar role. • Experience in the insurance industry with a focus on claims finance or related functions are a plus. • Proficiency in Excel, SQL, and data visualization tools for financial analysis and reporting. • Understanding of P&L reporting, including expense analysis, revenue analysis, and profitability assessment. • Detail-oriented mindset with a commitment to accuracy in reporting and analysis for monthly and quarterly reporting deliverables. • Excellent communication skills, with the ability to present complex information to both technical and non-technical stakeholders. • Ability to work collaboratively in cross-functional teams and establish strong working relationships. • Self-motivated with the ability to manage multiple priorities and meet monthly and quarterly reporting timelines. • Strong analytical skills with the ability to work independently and navigate ambiguity. • Instinctually identify opportunities and create data-supported solutions.

🏖️ Benefits

• Above-market salary - Branch is a data-driven company, so we do the math on salaries, too. If you get an offer from Branch, you can expect compensation that hits above the mark. • Pay equity and transparency - Our pay isn’t just market-driven, it’s equitable. We let experience and performance drive your success, never your gender, race, orientation, or beliefs. • Remote-first (with perks) - Work from where you’re most comfortable. We’ll take care of your work from home set-up and monthly internet. We also have a Columbus headquarters if you’d like to join us in an office. • Flexible YouTime - We don’t just let you control your own time off. We actually encourage you to use it. After your first year at Branch, we’ll give you $1000 toward your next vacation. • Employee stock options - You’re not just an employee. If you’re full-time, you’re also a part-owner. You’ll have stock options so you can invest in the company you’re helping to grow. • Medical, vision, dental - Get all the coverage you need for a healthy, happy life. • 401k and contribution matching - Invest in your future. Branch helps you get to retirement on time with a portion of your contributions matched each month.

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