Porch Group · 10 hours ago
Senior Financial Analyst, Insurance Capital and Risk Management Strategy
Seattle, WA
Full-time
Remote
Senior Level
$100K/yr - $130K/yr
5+ years exp
Maximize your interview chancesHome ImprovementHome Services
No H1B
Insider Connection @Porch Group
Get 3x more responses when you reach out via email instead of LinkedIn.
Responsibilities
Monitor and analyze the organization’s capital structure and provide recommendations to improve efficiency and financial stability
Evaluate and advise on capital requirements and funding strategies in alignment with business objectives.
Includes understanding the impact of various reinsurance and other capital strategies to maximize growth
Analyze capital opportunities by creating HOA capital and risk evaluation model
Perform analysis to increase capital efficiency at HOA. Provide insights and recommendations on risk-adjusted returns
Update reinsurance components of monthly forecast
Work with the other parts of the Insurance Finance team to coordinate annually budgeting process and quarterly forecast
Support Balance Sheet forecasting with support of rest of the Insurance Finance team
Understand unit economics and integration of Porch insurance into the Porch platform
Ensuring compliance with rating agencies and regulatory, including surplus, risk retention levels, net combined ratio, and RBC
Identify, assess, and prioritize risks that could impact the organization’s operations and financial performance.
Enhance risk management frameworks, policies, and procedures to mitigate identified risks
Conduct regular risk assessments and stress tests to ensure resilience against potential adverse scenarios.
Ensure compliance with relevant financial regulations, industry standards, and internal policies.
Stay informed about changes in regulatory requirements and market conditions that could affect capital and risk management.
Qualification
Find out how your skills align with this job's requirements. If anything seems off, you can easily click on the tags to select or unselect skills to reflect your actual expertise.
Required
At least 5 years of experience with insurance capital management analysis
Property and Casualty Insurance required
Strong in capital modeling
Strong level understanding of reinsurance arrangements, and impact on surplus, RBC and risk management
Ability to work in a fast-paced environment
Significant interaction with management in evaluating various capital/reinsurance opportunities
Strong analytical and problem-solving skills with the ability to interpret complex financial data
Excellent communication and presentation skills, with the ability to convey technical information to non-technical stakeholders.
Proficiency in financial modeling and risk assessment tools
Able to effectively and diplomatically interface with all levels of management and personnel.
Strong excel and modeling skills
Ability to deal effectively with individuals at all levels and attain desired results.
Must have the ability to collaborate with cross-functional team to achieve business results.
Works well under stress and tight deadlines
Effective communication, presentation, negotiation and persuasion skills.
Balances listening and talking, speaking and writing clearly and accurately, influencing others and keeping others informed.
Team oriented, building strong working relationships and a positive work environment.
Is receptive to feedback and willing to learn, embracing continuous improvement.
Preferred
Investment banking or capital markets experience preferred
Benefits
Three (3) Medical plan options
Two (2) Dental plan options
Vision plan
Critical Illness, Hospital Indemnity and Accident plans
Partially employer funded Health Savings Account
Employee Flexible Savings Accounts including healthcare, dependent care, and transportation savings options
Company paid Basic Life and AD&D
Short and Long-Term Disability benefits
Voluntary Life and AD&D plans
Traditional and Roth 401(k) plans with discretionary employer match
Headspace
Brio Health
LifeBalance
Flexible paid vacation
Company-paid holidays of typically nine per year
Paid sick time
Paid parental leave
Identity theft program
Travel assistance
Fitness and other discounts programs
Company
Porch Group
Porch Group is a vertical software platform for residential environments.
1001-5000 employees
Funding
Current Stage
Public CompanyTotal Funding
$648.85MKey Investors
Wellington ManagementRunway Growth CapitalValor Equity Partners
2023-04-17Post Ipo Debt· $333M
2022-04-15Post Ipo Equity· $4M
2021-10-01IPO
Leadership Team
Matt Ehrlichman
Founder, Chairman and CEO
Jake Cooney
Design Director and Co-founder
Recent News
2024-12-19
Business Wire
2024-12-17
StreetInsider.com
2024-12-10
Company data provided by crunchbase
