Financial Analyst - Pricing

Inmar Winston Salem , NC 27108

Posted 2 months ago

The Financial Analyst-Pricing position is a highly visible role reporting to the Vice President of Finance-Pricing. The Financial Analyst-Pricing supports revenue management and pricing strategy efforts through management of deal pricing, financial analysis, business & data analysis, and pricing performance reporting. This role will work closely with senior leadership on special projects and provide data-driven insights and recommendations to drive improved business performance. The ideal candidate must be equally effective working collaboratively with Inmar executives, as they are working independently to analyze business data to develop insights and help solve strategic business problems.

Key Responsibilities"

Pricing strategy analysis & support

  • Work with the Product and Sales organizations, to develop pricing strategy and approve pricing on new client opportunities, key renewals, and RFPs

  • Develop and implement economic models to project the financial impact of alternative pricing structures across Inmar's lines of business

  • Assist Vice President of Finance-Pricing in developing and updating pricing policies, processes, and procedures

  • Support and update the Configure, Price, Quote (CPQ) system to enable effective and efficient implementation of pricing strategy and deal governance processes

  • Prepare reporting, dashboards, and proforma calculation tools to assist with renewals and RFPs

  • Conduct data gathering and analysis using external and internal sources to support pricing strategy decisions, solve complex problems, and facilitate executive decision-making

Reporting and analysis

  • Provide ad hoc analysis and reporting of pricing performance for sales and finance leadership

  • Conduct deep-dive financial analysis on Inmar lines of business to understand revenue and profit drivers, making recommendations to improve revenue and grow overall client ACV

Minimum Requirements

  • BS or BA degree required, preferably in business management or a quantitative degree such as economics or mathematics. MBA a plus

  • At least 1-2 years of related experience as a financial or business analyst in a corporate setting

  • Proficient with G-Suite

  • Advanced Excel skills, in addition to high-level proficiency in other Microsoft Office applications (Word and PowerPoint). Experience with database applications (Access) and/or statistical software (R, SPSS) is a plus

  • Demonstrated ability to prepare and present quantitative, financially-oriented presentations, reports, and research results

  • Superior critical-thinking and fact-based problem-solving skills

  • Strong verbal and written communication skills; able to interact confidently with senior leadership

  • Motivated self-starter; able to prioritize and manage multiple tasks in a fast-paced environment

  • Must have interpersonal and negotiating skills to work in a collaborative, team environment

  • Ability to generate consensus, deal with conflicts appropriately and can take an unpopular stand

  • Gains the trust of others by taking responsibility for own actions and telling the truth

  • The physical demands described here are representative of those that must be met by an associate to successfully perform the major job responsibilities (essential functions) of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the major job responsibilities.

#LI-BA1

icon no score

See how you match
to the job

Find your dream job anywhere
with the LiveCareer app.
Mobile App Icon
Download the
LiveCareer app and find
your dream job anywhere
App Store Icon Google Play Icon
lc_ad

Boost your job search productivity with our
free Chrome Extension!

lc_apply_tool GET EXTENSION

Similar Jobs

Want to see jobs matched to your resume? Upload One Now! Remove
Pricing Analyst Supervisor

National General

Posted 2 months ago

VIEW JOBS 9/6/2021 12:00:00 AM 2021-12-05T00:00 Job Description Primary Purpose: Responsible for executing and coaching a team focused on collection and correlation of data necessary to maintain state insurance programs including rates, rules, and forms. Essential Duties and Responsibilities: Following is a summary of the essential functions for this job. Other duties may be performed, both major and minor, which are not mentioned below. Specific activities may change from time to time. * Identify and solve product/pricing problems by gathering relevant, compelling data from internal and external sources * Analyze potential changes to existing insurance products as well as the development of new products * Perform extensive product reviews that require analysis of trends, factors, issues, competitive position, and rate level indications * Analyze agency management, product distribution, and claims procedures to enhance growth and underwriting profit * Develop rate recommendations and state insurance department filings for assigned products * Analyze financial results and product profitability * Forecast and model results of action plans * Communicate and collaborate with business partners in other functional areas, including marketing, finance, compliance, claims, IT, and senior management * Participate in enterprise-wide projects and initiatives * Demonstrate the ability to synthesize data, develop and pressure-test narratives, and provide actionable insights ("connect the dots") consistently versus just gathering data elements * Lead and oversee a team of pricing analyst * Identify areas of coaching and partner with subordinates to develop and grow performance Minimum Skills and Competencies: The requirements listed below are representative of the knowledge, skill and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. * Bachelor Degree or in-lieu of degree equivalent education, training and work-related experience * Demonstrated ability to organize and analyze complex data sets * Highly proficient in managing and manipulating data in Excel * Demonstrated understanding of relational databases and data extraction * Strong analytical and critical thinking skills * Excellent verbal and written communication skills necessary to present information to management, other functional areas, and insurance agents * Ability to self-motivate, deal with ambiguity, solve problems, make decisions, see trends/patterns within data sets, identify root causes * Proficient in Microsoft Office (Word, Excel, Outlook, PowerPoint) Desired Skills: * Bachelor or advanced degree in insurance, actuarial science, mathematics, statistics, risk management, economics, business administration or related analytics-oriented discipline * Strong knowledge of personal lines insurance ratemaking methodologies and pricing techniques * 4+ years Product Management experience * Expertise with data tools like SAS and SQL * Actuarial CAS exams #LI-JG1 National General Holdings Corp. is an Equal Opportunity (EO) employer - Veterans/Disabled and other protected categories. All qualified applicants will receive consideration for employment regardless of any characteristic protected by law. Candidates must possess authorization to work in the United States, as it is not our practice to sponsor individuals for work visas. In the event you need assistance or accommodation in completing your online application, please contact NGIC main office by phone at (336) 435-2000. Job Requirements About National General Holdings: National General Holdings Corp., a member of the Allstate family of companies, is headquartered in New York City. National General traces its roots to 1939, has a financial strength rating of A- (excellent) from A.M. Best, and provides personal and commercial automobile, homeowners, umbrella, recreational vehicle, motorcycle, supplemental health, and other niche insurance products. We are a specialty personal lines insurance holding company. Through our subsidiaries, we provide a variety of insurance products, including personal and commercial automobile, homeowners, umbrella, recreational vehicle, supplemental health, lender-placed and other niche insurance products. National General is a fast paced, dynamic, and entrepreneurial organization. Our team members live by and exemplify what we call the 4Es. At National General, we are Energized, Engaged, Empowered, and we Execute every day in order to provide an exceptional experience for our customers! We are passionate about our organization and the value that we add every day. A successful candidate with National General will embody the 4Es. Our team is poised to outperform the competition. We are National General Insurance and with us you can be extraordinary! Come join our team! Companies and Partners Direct General Auto & Life, Personal Express Insurance, Century-National Insurance, ABC Insurance Agencies, NatGen Preferred, NatGen Premier, Seattle Specialty, National General Lender Services, ARS, RAC Insurance Partners, Mountain Valley Indemnity, New Jersey Skylands, Adirondack Insurance Exchange, VelaPoint, Quotit, HealthCompare, AHCP, NHIC, Healthcare Solutions Team, North Star Marketing, Euro Accident. In addition to a phenomenal career opportunity, National General Insurance offers an excellent benefits package including: * Paid Training * Medical, Dental, Vision benefits * Wellness Programs * Life and Short/Long Term Disability Insurance * 401k w/ Company Match * Company Paid Holidays & Generous Time-off policy * Employee Discount Program * Career Advancement and Development Opportunities * On-site Healthcare Clinic (Winston-Salem and Cleveland offices) * On-site Fitness Center (Cleveland and Dallas offices) * Subsidized parking (Cleveland office) National General Holdings Corp. is an Equal Opportunity (EO) employer - Veterans/Disabled and other protected categories. All qualified applicants will receive consideration for employment regardless of any characteristic protected by law. Candidates must possess authorization to work in the United States, as it is not our practice to sponsor individuals for work visas. In the event you need assistance or accommodation in completing your online application, please contact NGIC main office by phone at (336) 435-2000. National General Winston Salem NC

Financial Analyst - Pricing

Inmar