Senior Forecasting Analyst Location Livonia, MI : Overview: Are you a senior financial professional looking to join a rapidly growing company? AAA Life Insurance is expanding, and we are adding a Senior Forecasting Analyst to our team! By joining AAA Life, you will have the opportunity to strengthen the name and reputation of the brand that millions have come to rely upon for financial peace of mind. We are a company dedicated to our members and our employees! We value the outstanding attributes and contributions of our associates to foster an inclusive, collaborative, and innovative workplace where all employees are engaged and feel they belong.
We offer a dynamic work environment, excellent benefits, and competitive compensation, that will allow you will exercise your potential to innovate, finding ways to increase efficiency and improve our business processes. Amazing benefit opportunities such as Pension, 401K, and Tuition Reimbursement.
The primary function of the Senior Forecasting Analyst is to oversee the forecasting process and implement advanced financial analytics for the FP&A team. This role is crucial to the Department's use of data analytics in order to enhance forecasting processes and drive efficiency in the financial close process. This role is also responsible for assisting and/or planning projects and ensuring overall success of those projects.
Responsibilities: Financial Forecasting: Utilize advanced statistical models and tools to analyze historical data and market trends. Develop, implement, refine, and improve forecasting models, utilizing data-driven approaches for increased accuracy. Financial Analytics: Develop and implement analytics focused on thorough understanding of financial results and improving the efficiency of the financial close process. Conduct thorough analysis of key performance indicators (KPIs) to identify patterns, anomalies, and opportunities for improvement. Conduct ad-hoc financial analysis and develop reports as requested to address specific business questions. Communication and Reporting: Collaborate with cross-functional teams to gather relevant data and insights for accurate forecasting, analysis, and reporting. Present findings to management and leadership teams, providing clear explanations and recommendations. Maintain comprehensive documentation of financial models, methodologies, and assumptions. Process Improvement: Continuously assess and enhance analytic and forecasting methodologies and processes. Identify and implement improvements to streamline data collection, analysis, and reporting. Qualifications: Bachelor's degree in Accounting, Finance, Business Administration, Economics, or related field. Minimum of four (4) years of experience working with corporate financial programs, processes, reporting, analytics and assessments of impacts on the company. Knowledge of data analysis and development of statistical/financial data for utilization in the formulation of reports with recommendations. Strong problem solving and decision-making skills. Strong proficiency in statistical modeling and data analysis tools (e.g., Excel, R, Python). Knowledge of financial regulations, compliance, and reporting standards. Previous experience with statutory and GAAP accounting for life insurance preferred. Ability to communicate effectively at various levels within the organization. Ability to work independently. What We Offer: Competitive salary and benefits package. Opportunity to work with a dynamic team in a thriving company. An exciting and rewarding work environment. Continuous professional development and training opportunities. Essential Job Functions: While performing the duties of this job, the employee is frequently required to stand, walk, sit, use hands to finger, handle, or feel and talk or hear. Specific vision abilities required by this job include close vision, distance vision, color vision, depth perception, and ability to adjust focus.
This job requires the ability to perform duties contained in the for this position, including, but not limited to, the above requirements. Reasonable accommodations will be made for otherwise qualified applicants as needed to enable them to fulfill these requirements.
