Financial Analyst (Remote, US)

Why Openly

Openly is rebuilding insurance from the ground up. We are re-envisioning and enhancing every aspect of the customer experience. Doing this requires a rapidly growing team of exceptional, curious, empathetic people with a wide range of skill sets, spanning technology, data science, product, marketing, sales, service, claims handling, finance, etc.

The Openly Difference

We created Openly because we saw an evident gap in the market for premium insurance made simple. Consumers deserve more complete coverage at competitive prices.

• The Price Difference: Using cutting-edge data and technology, we provide you with customizable, competitive prices to protect your most valuable assets.
• The Policy Difference: Coverages are truly customizable to meet your individual protection needs, for both standard coverages and optional add-ons.
• The Experience Difference: From tailored claims handling to highly responsive customer service, we are focused on making the home insurance purchasing process a better overall experience.

Welcome to your next adventure

At Openly, our people are just as important as our product. For us, collaboration, communication, and work-life balance are more than nice-to-haves— they’re the must-haves that make us who we are. We believe a great company is the result of a shared set of values, so we look for these qualities in every candidate we hire.

• Integrity
• Empathy
• Teamwork
• Curiosity
• Urgency

We've designed our hiring process with you, the candidate, in mind. At every step, you have the chance to present your strengths and learn more about what makes Openly a great place to work.

We're committed to Diversity, Equity, & Inclusion

We embrace individuality and believe diverse teams are winning teams. Our commitment to inclusion across race, gender, age, religion, identity, and experience drives us forward every day.

Job Details

We are searching for a financial (Risk) analyst at Openly. This opportunity will sit on the Finance team to play a significant role in assessing financial performance and creating our risk framework and risk culture. This role reports to VP, Reserving and Risk Management and would be integral to Openly’s continued success and maturation as an innovator in the insurance industry.

Key Responsibilities

• Assemble information from internal and external source for loss reserving analysis and risk horizoning and benchmarking
• Build, maintain and improve loss reserving models
• Support the development of a risk-management framework and nurture risk-aware culture at Openly
• Collaborate with business partners to identify key enterprise risks and develop control framework to be implemented by various internal stakeholders
• Build strong relationships with key internal and external stakeholders and manage various reporting and meeting requirements to remain in compliance
• Perform ad hoc sensitivity analysis and stochastic modeling in support of risk assessment, liquidity planning, economic capital requirements, etc.
• Support the effort in obtaining Best's Capital Adequacy Ratio (BCAR) and S&P Enterprise Risk Management (ERM) Level III Accreditation.

Requirements

• Bachelor's Degree in related field required
• 1+ years of related experience preferred
• Strong data and analytical skills
• Ability to develop machine learning model with Python
• Experience in using MS Suite and/or Google Workspace
• Ability to influence and collaborate with people at different levels
• Results driven with strategic mindset and ability to execute
• Ability to communicate clearly and concisely

Preferred Degree & Licenses/Certifications

• Master’s Degree
• Certified Enterprise Risk Analyst (CERA)

Compensation & Benefits

The target salary range represents the budgeted salary range for this position. Actual compensation for this position will be determined based on the successful candidate's experience and skills. We are committed to providing a compensation package that not only reflects the respo