Financial Analyst

Company:
BHHIC Berkshire Hathaway Homestate Insurance Company

As a member of the Berkshire Hathaway group of insurance companies, we offer outstanding opportunities for professionals interested in working with a successful company. We offer unparalleled financial strength, stability and "large company" benefits, in addition to an exciting, friendly, "small company" atmosphere.

Job Objective:

Coordinate with Finance teams to provide accounting and billing information. Communicate work procedures and information between departments and companies. Provide insight into technological improvement and data presentation. Perform accounting reconciliations and audit premium billing systems to ensure accuracy. Prepare a variety of recurring reports using standard templates. Compile information from various sources and transfer information to a meaningful form. Develop general knowledge of financial databases and systems and build a broadening understanding of SQL and Power BI through assigned tasks, classroom training and self-paced training. Extract data/information from business systems and use standard templates to create and post various journal entries to support financial reporting operations.

Essential Duties and Responsibilities:

1. Financial Operations:

• Coordinate with Finance teams to provide accounting and billing information. Communicate work procedures and information between departments and companies. Provide insight into technological improvement and data presentation.
• Respond to and resolve routine billing inquiries from internal and external customers.
• Complete direct bill, agency bill, premium, commission and other General Liability account reconciliations.
• Audit premium billing functions to ensure accuracy and completeness of information between systems and information that is communicated to agents and policyholders.
• Review/reconcile daily cash receipts and ensure proper account application process. Research, communicate and resolve routine policy transaction discrepancies.
• Ensure balances due are referred on a timely basis to the collections process. Periodically obtain the status of aged receivable for proper ledger recognition.
• Prepare a variety of recurring reports using standard templates, Compile information from various sources and transfer information to a meaningful form. Analyze reports to obtain specified management information and present information to relevant stakeholders.
• Extract data/information from business systems and use standard templates to create and post various journal entries to support financial reporting operations.

2. Data Management:

• Develop general knowledge of financial databases and systems and build a broadening understanding of SQL and Power BI through assigned tasks, classroom training and self-paced training.
• Maintain existing automated processes that compile and store financial information within the general ledger software.
• Assist the Finance team by generating requested data sets through queries and data aggregation to provide relevant and timely data to other areas of Finance.

3. Analytical Projects:

• Assist BHHC Finance team in driving ongoing improvement in data integrity, driving process improvement and continuously improving the quality of the financial information produced.

Required Knowledge

• Bachelor degree in Accounting, Finance, Business or other technical discipline or equivalent
• Excellent math skills
• Knowledge of accounting concepts
• Experience with personal computer application development, database manipulation software, and Excel

Preferred Knowledge:

• Experience with billing (preferably insurance)
• Knowledge of insurance terminology and operations
• General understanding and experience using SQL and Power BI
• Principles of business, statistics, finance, insurance, insurance accounting and statistics
• Principles of process analysis and project management; project management accreditation
• 1 - 2 years related work experience

Skills:

• Excellent oral and written communication with all levels of the organization and outside contacts
• Excellent customer service
• Problem solving skills

Abilities:

• Analyze Company business information needs and procedures
• Learn quickly
• Work independently
• Work well with others
• Respond well to demands on time and resource
• Maintain confidentiality
• Organize time and resources and handle multiple high priorities
• Delegate, plan, prioritize, and meet deadlines
• Work with detail with accuracy
• Research and evaluate alternatives, reach decisions, and make recommendations
• Train others in work procedures

A comprehensive benefits package is available for regular, full-time employees, including health, vision, dental, life and disability insurance as well as a 401(k) with company match. We also proudly offer 100% upfront tuition reimbursement to regular, full-time employees, to further your education. Our Omaha office boasts a complimentary state-of-the-art, on-site gym, a robust wellness program, low-cost downtown parking, and numerous volunteer and networking opportunities with other emerging professionals.