The Hanover Insurance Group · 7 hours ago
Financial Analyst I (HYBRID in Worcester, MA)
Worcester County, MA
Full-time
Hybrid
New Grad, Entry Level
0+ years expThe Hanover Insurance Group has been committed to delivering on promises for over 170 years. They are seeking a Financial Analyst to develop and interpret complex financial concepts, conduct special studies, and analyze financial information to determine performance and recommend improvements.
Insurance
Responsibilities
Develops, interprets, and implements complex financial and accounting concepts, or techniques for financial planning and control, by performing the following duties
Conducts special studies to analyze complex financial actions and prepares recommendations for policy, procedure, control, or action
Provides interpretation of financial policies, governmental legislation, accounting theory, or customer financial regulations
Analyzes financial information to determine present and future financial performance
Identifies trends and recommends improvements accordingly
Evaluates complex profit plans, operating records, and financial statements
Directs preparation of studies, reports, and analyses in areas such as budgets, forecasts, financial plans, governmental requirements, statistical reports, cash flow projections, and business forecasts
Interprets and applies corporate financial policies, government legislation, and accounting theory
Establishes databases of pertinent information for use in analyzing future plans and forecasts
Makes recommendations to management regarding cost saving or profit generating opportunities and profitability improvement strategies
Coordinates with all levels of management to gather, analyze, summarize, and prepare recommendations regarding financial plans, acquisition activity, new business planning, trended future requirements, government requirements, and operating forecasts
Researches and prepares economic reports on subjects such as rate of return, depreciation, working capital requirements, investment opportunities, investment performance, and impact of governmental requirements
Assists organization's controller in the development of the budget, planning, and other corporate financial requirements
Qualification
Required
Typically has 0-2 years related experience in finance/accounting positions
Bachelor's Degree or equivalent work experience
Advanced knowledge of Microsoft Office Suite (Excel, PowerPoint) required
Familiar with SQL and PowerBI used to pull, automate, and create visuals with data
Possess and applies knowledge of financial analysis principles and practices
Excellent verbal and written communication skills
Able to handle competing priorities simultaneously
Benefits
Medical, dental, vision, life, and disability insurance
401K with a company match
Tuition reimbursement
PTO
Company paid holidays
Flexible work arrangements
Cultural Awareness Day in support of IDE
On-site medical/wellness center (Worcester only)
Company
The Hanover Insurance Group
The Hanover Insurance Group, Inc., based in Worcester, Mass., is the holding company for several property and casualty insurance companies.
5001-10000 employees
Funding
Current Stage
Public CompanyTotal Funding
$500M2025-08-19Post Ipo Debt· $500M
1995-10-20IPO
Leadership Team
Mark Coderre
Vice President, Deputy CISO
Kate B. Williams
President, E&S
Recent News
2025-11-03
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