Product Financial Analyst job Chicago Illinois
Product Financial Analyst job Chicago Illinois
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Product Financial Analyst Job

Employer Name: SpiderID: 8792827
Location: Chicago, Illinois Date Posted: 7/8/2019
Wage: Negotiable Category: Finance/Investment
Job Code: 8389/9327

Job Description:

Primary Purpose:

Responsible for facilitating cost saving opportunities, developing and implementing departmental process changes, and working with product managers to identify additional ways to reduce customer acquisition costs. Support project management initiatives along with supporting the expense management and day-to-day interactions with the third party vendors utilized by the Preferred Home and Auto Insurance Group of National General Insurance.

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.

  • Manage vendor budgets, open/close purchase orders, audit and process monthly provider invoices, and work with corporate finance to track monthly accrual charges

  • Identify trends and make recommendations to address those trends and improve reporting tools

  • Maintain complex measurements and monitor contract fees across multiple third party vendor relationships

  • Participate in the analysis of potential new tools for improved underwriting risk selection

  • Support the day-to-day management of vendor interactions and inquiries from internal and external sources and remediate any issues that arise

  • Work on projects which directly affect the bottom line of the company

  • Collect project requirements to support the development of a project plan, coordination of resources and communication of status updates for product implementations

  • Provide personalized support to a variety of internal and external parties including suppliers, underwriting, technology, sales, claim and operations

  • Provide models of costs savings based on various different inputs

  • Identify, design, build, and implement processes and tools to support the Product Management team

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

  • 2+ years of experience in one of the following areas: project management, accounting, finance or vendor management

  • Ability to drive for results, deal with ambiguity, solve problems, make decisions, see trends/patterns within data sets and identify root causes

  • Excellent verbal and written communication skills necessary to present information to senior management and other functional areas

  • Effective organization and time management skills with the ability to work under pressure and adhere to project deadlines

  • Enthusiastic, results oriented, analytical, detail minded, inquisitive and willing to push for excellence

  • Highly proficient in managing and manipulating data in Excel

  • Proficient in Microsoft Office (Word, Excel, Outlook, PowerPoint)

Desired Skills:

  • Previous experience within the insurance industry


  • About National General Holdings:

    National General Holdings Corp. 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.


Job Criteria:
Start Date: ASAP
Position Type: Full-Time Permanent
Years of Experience Required:
Education Required:
Overnight Travel:
Vacation Time:

Contact Information:
Contact Name: National General Insurance Company Type:
Company: National General Insurance

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