Shattuck Way
27 days ago
Senior FP&A Analyst, Risk and Insurance

Are you looking for an opportunity with plenty of growth potential? Do you enjoy working in an exciting, fast-paced, collaborative environment? Are you interested in working with the world’s most innovative companies to create a more connected world? 

Connecting Continents. Impacting Communities. 

The backbone of the Internet is a series of high-tech subsea fiber optic cables deployed throughout the globe - SubCom has deployed over 50% of them. Our employees ensure data communications networks are engineered, manufactured, deployed, and maintained to the highest standards, enabling faster and more reliable connectivity to communities worldwide. Every member of the SubCom team plays a role in an end-to-end process that is critical to enterprises, governments, big cities, and rural towns. 

We encourage, expect, and value creativity, thoughtful risk taking, openness to change, and diverse perspectives. Whether you’re a seasoned applicant seeking a new and exciting challenge, or you’re new to the workforce and looking for a flexible, rewarding, and fast-paced position with an innovative and stable organization (since 1953), SubCom has opportunities to advance your career. 

Position Overview

The Senior FP&A Analyst, Risk and Insurance, will play a crucial role in driving financial performance through risk management, analysis, forecasting, and strategic planning. This position requires strong analytical skills, financial acumen, and the ability to communicate complex financial information effectively. The role will involve identifying and managing financial risks, supporting broader FP&A activities, and administering the company's insurance portfolio.

Duties/Responsibilities:

Insurance Program Administration: Coordinate the pre-renewal and binding processes for the company's marine, casualty, property, workers compensation, and other corporate insurance programs. Insurance Renewal Coordination: Review existing policies, assess coverage requirements, gather and update necessary information, prepare submissions, negotiate terms, and manage premium payments. Claims Management Administration: Receive and report bodily injury and property damage claims, track insurance claims from initial notification to final settlement, and assist underwriters and brokers to ensure efficient claims management. Collateral Duties: Support the legal department in reviewing contracts to ensure insurance requirements for vendors and customers are met, manage insurance certificate programs, and attend meetings with brokers and underwriters. Partner with SubCom senior leaders on various insurance related items Lead the annual budgeting and monthly insurance forecasting processes, ensuring alignment with the company’s strategic goals and initiatives. Identify key insurance performance indicators (KPIs) and create and maintain a structure of non-financial reporting metrics to measure and drive operational efficiencies. Develop and maintain insurance financial models to support business planning and decision-making. Work closely with operations business partners to identify and track insurance cost savings opportunities. Perform analysis and build bridges of actual vs forecast or forecast vs forecast performance. Identify risk related capital improvements and financial rationalization Manage insurance payments Analyze insurance performance, identify trends, and provide actionable insights to senior management.
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