Financial Analyst I

The next part of your journey is right around the corner — with The Standard.

A genuine desire to make a difference in the lives of others is the foundation for everything we do. With a customer-first mindset and an intentional focus on building strong teams, we’ve been able to uphold our legacy of financial stability while investing in new, innovative technologies that support the needs of our customers. Our high-performance culture focused on operational excellence thrives thanks to remarkable people united by compassion and a customer-first commitment. Are you ready to make a difference?

Job Summary

Join the Finance and Planning (Financial Operations) team with the Retirement Plans Division.  Responsible for administration of defined contribution and defined benefit reconciliations in compliance with regulatory requirements to provide customer satisfaction and contribute growth and profitability. Provide timely and accurate financial reporting.  Solve problems of varying complexity, provide professional internal and external customer service and work both independently and in a collaborative team environment.

• Participate in the maintenance of and reporting from (and at times development and implementation of), financial systems and tools, processes, and models to produce financial and operational analysis, provide accounting controls, and support Division decision making and planning.

• Prepare/validate monthly/quarterly advisory payments, reconcile accounting and clearing accounts for third party partner payments. Respond and research internal and external inquiries regarding payment calculations, timing and discrepancies.  Provide process education to internal and external business customers. 

• Advise and recommend action based on interpretation of requests and/or data with the support of manager or senior staff members. Assignments can be specialized or general and are usually of a moderately complex nature with limited scope.

Principal Duties & Responsibilities:

• Prepare moderately complex analysis of monthly, quarterly and annual operational and financial performance results, forecasts, trends, and cost benefit analysis/projections, crossing critical business functions that may include sales, underwriting, actuarial, legal, shared services, customer service and operations, as well as outside business partners. Support Quality and compliance activities.  Interpret requirements in order to prepare, review, and analyze moderately complex systems, accounting transactions and records, and reporting needs to support business functions.  With support from manager and/or team members, compile, analyze, and interpret results in order to provide meaningful management reporting.

• Maintain and perform (and at times develop and implement) data integrity checks, quality assurance and audit procedures for all assigned business processes.

• Communicate and resolve financial and operational issues as necessary in consultation with appropriate functional teams for all assigned business processes.  Participate in team/department/division projects.         

• Participate in the development, review and analysis of manual and automated procedures, systems, tools and controls.  Participate in the development and implementation of new systems and tools, or enhancements to existing systems, to resolve problems or improve accounting, financial and data processes, and internal controls.  Develop, enhance and/or maintain systems and reports to extract and combine data from a variety of sources; maintain databases; participate in the design and maintenance of performance measurement models to assist senior management in monitoring and analyzing operating performance.

• Build and maintain positive relationships with business partners across the organization.  Effectively collaborate with service divisions that may include information technology, underwriting, actuarial, legal, as well as external business partners.

• Act as a subject matter expert on our various products and services. Consult with other teams and weigh risk on various options prior to providing recommendations on operational corrections. Use expertise to provide feedback to improve systems and processes, often used as a resource in systems upgrades and testing.

• Support quality and compliance activities (i.e., SOC1 and ICFR).

• Effectively communicate and coordinate with offshore partners in the preparation of reconciliations.

• Prepare ad hoc analysis demonstrating industry knowledge.

• Recommend and/or implement process improvements to assure compliance with audit controls or changes that have a positive customer impact or reduce company risk/liability.

• Proactively contribute to an environment of continual improvement.

Skills and Background You’ll Need

• Experience:  3-5 years progressively responsible experience in preparation, interpretation and analysis of financial results, or the equivalent combination of education and/or relevant experience.

• Query/analysis tools experience preferred.

• Education:  Bachelor’s degree in Accounting or related field PREFERRED

• CPA, CFA, CMA, or MBA preferred (or actively pursuing).

*The target compensation for this role will be ~$90K annually.

Key Behaviors of a Successful Candidate

• Must possess a strong financial acumen and professional demeanor.

• Ability to interact with associates at all levels of the company to obtain, analyze and discuss processes and information to better the operation.

• Strong analytical and organizational skills, with attention to detail and follow-up

• Strong Excel knowledge, including Pivot tables, Vlookup and other spreadsheet functionality.

• Experience in developing and executing SQL queries is a plus. 

• Experience in Workday, Lean Process Improvement, Power BI a plus

• Ability to multitask, prioritize, manage time effectively, and own results.

• Excellent verbal and written communication skills. Open minded and cooperative. Works in partnership with others to accomplish goals while considering new ideas, exploring possibilities, and openly addressing conflict when needed.

#LI-REMOTE

We have built an enduring legacy of stability, financial strength and exceptional customer service through the contributions of the service-oriented people who choose to work at The Standard. To ensure we can attract and retain the best talent, when you join The Standard you can expect:

• A rich benefits package including medical, dental, vision and a 401(k) plan with matching company contributions

• An annual incentive bonus plan

• Generous paid time off including 11 holidays, 2 wellness days, and 8 volunteer hours annually — PTO increases with tenure

• A supportive, responsive management approach and opportunities for career growth and advancement 

• Paid parental leave and adoption/surrogacy assistance

• An employee giving program that double matches your donations to eligible nonprofits and schools

In addition to the competitive salary range below, our employee-focused benefits support work-life balance. Learn more about working at The Standard.

• Eligibility to participate in an incentive program is subject to the rules governing the program and plan. Any award depends on a variety of factors including individual and organizational performance.

Salary Range:

Standard Insurance Company, The Standard Life Insurance Company of New York, Standard Retirement Services, Inc., StanCorp Mortgage Investors, LLC, StanCorp Investment Advisers, Inc., and American Heritage Life Insurance Company and American Heritage Service Company, marketed as The Standard, are Affirmative Action/Equal Opportunity employers. All qualified applicants will receive consideration for employment without regard to race, religion, color, sex, national origin, gender identity, sexual orientation, age, disability or veteran status or any other condition protected by federal, state or local law. Except where precluded by state or federal law, The Standard will consider for employment qualified applicants with arrest and conviction records pursuant to the San Francisco Fair Chance Ordinance. The Standard offers a drug- and alcohol-free work environment where possession, manufacture, transfer, offer, use of or being impaired by an illegal substance while on The Standard's property, or in other cases which the company believes might affect operations, safety or reputation of the company is prohibited. The Standard requires a criminal background investigation and employment, education and licensing verification as a condition of employment. All employees of The Standard must be bondable.