Financial Analyst (2-4 Years in financial analysis, including budgeting, forecasting, and data interpretation) at Assurant

Bengaluru, Karnataka, India

Assurant Logo
Not SpecifiedCompensation
Mid-level (3 to 4 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, InsuranceIndustries

Requirements

Candidates must possess a Bachelor's degree in Business, Finance, Accounting, or Information Systems and have a minimum of 2 years of experience in financial analysis, including budgeting, forecasting, and data interpretation. Advanced proficiency in Microsoft Excel and Access, strong analytical and problem-solving skills, and excellent attention to detail are required. Preferred qualifications include experience with activity-based costing or resource tracking methodologies, familiarity with financial systems like SAP or Oracle, and experience supporting international operations.

Responsibilities

The Financial Analyst will develop and maintain reports for forecasting, trend analysis, and performance evaluation, using tools like Excel and Access to compile and analyze financial and operational data. Responsibilities include identifying and resolving data discrepancies, assessing historical performance, projecting future outcomes, recommending budget adjustments and cost-saving opportunities, and performing statistical, cost, and financial analyses. The role also involves recommending and implementing process improvements, participating in operational meetings, assisting with budget preparation and management, analyzing monthly operating variances, preparing financial reports, and conducting cost-benefit analyses for projects.

Skills

Financial Analysis
Budgeting
Forecasting
Data Interpretation
Activity-Based Costing
Excel
Access
Databases
Data Analysis
Financial Reporting
Cost-Benefit Analysis
Variance Analysis
Trend Analysis
Performance Evaluation
Process Improvement
Critical Thinking

Assurant

Provides risk management and insurance solutions

About Assurant

Assurant provides risk management solutions that focus on protecting major consumer purchases, particularly in mobile devices, electronics, and smart technology. The company offers insurance products and extended service contracts that help consumers safeguard their investments in high-value items. When a product is damaged or malfunctions, Assurant also provides repair services to restore it efficiently. This approach helps clients minimize financial losses from unexpected events. Assurant generates revenue through the sale of insurance policies, service contracts, and repair services. Unlike many competitors, Assurant emphasizes diversity, equity, and inclusion within its corporate culture, which enhances its ability to serve a diverse customer base. The company's goal is to support consumers and businesses in maintaining their day-to-day operations while protecting their investments.

New York City, New YorkHeadquarters
1892Year Founded
IPOCompany Stage
Financial Services, Consumer GoodsIndustries
10,001+Employees

Benefits

Health Insurance
Hybrid Work Options
Professional Development Budget

Risks

Integration challenges from acquiring iSmash may affect operational efficiency.
Regulatory scrutiny from acquiring American Lease Insurance could pose compliance challenges.
Cultural clashes from acquiring American Financial & Automotive Services may impact operations.

Differentiation

Assurant specializes in risk management for mobile devices and electronics globally.
The company offers insurance, service contracts, and repair services for high-value items.
Assurant's DEI commitment fosters innovation and enhances customer understanding.

Upsides

Increased demand for mobile device insurance due to remote work trends.
5G expansion drives demand for new devices and related insurance products.
Acquisition of iSmash enhances Assurant's tech repair service capabilities.

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