The primary job function is to prepare analysis of loss and loss expense reserves using various and complex actuarial methods.
An in-person interview may be required during the hiring process
State specific pay scales for this role are as follows:
$83,670 to $161,815 (CA, NJ, NY, WA, HI, AK, MD, CT, RI, MA)
$76,064 to $147,104 (NV, OR, AZ, CO, WY, TX, ND, MN, MO, IL, WI, FL, GA, MI, OH, VA, PA, DE, VT, NH, ME)
$68,457 to $132,394 (UT, ID, MT, NM, SD, NE, KS, OK, IA, AR, LA, MS, AL, TN, KY, IN, SC, NC, WV)
The expected base salary for this position will vary depending on a number of factors, including relevant experience, skills and location.
Essential Job Functions:-Assists CFO with special troubleshooting projects.-Prepares financial and business-related analyses and research in areas of financial and expense performance, rate of return, depreciation, working capital, and investments.-Prepares forecast and analyses trends in sales, finance, general business conditions and other related areas.-Assists and provides supervision to other financial analysts. This position works on more complex tasks than that of a financial analyst.-Provides analytical support such as comparative industry data on loss ratios, premiums written and rate filings. -Prepares monthly and quarterly reports, summaries and forecasts for senior management. Assembles data from a variety of sources to prepare the reports.-Develops a thorough understanding of the Company's operation and accounting system. -Prepares and evaluates a variety of financial and operating reports including expense, profitability and forecasting analysis, and analyzing proposed changes.-Calculates the loss and loss adjustment expense reserve and other tables for the Form 10-K and the Annual Report.-Assist senior management in the detail review of the Form 10-K and the Annual Report. Assists in the development of report standards, formats and procedures.-Evaluates data and performs reconciliation to ensure data integrity.
Education:• Bachelor’s degree required• MBA or CPA preferredExperience:• 5 - 7 years of experience • Or equivalent combination of education and/or experience
Preferred Experience:
3+ years experience forecasting and budgeting
Why choose a career at Mercury?
At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help others. Everyone needs insurance and we can’t imagine a world without it.
Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We embrace the strengths and values of each team member. We believe in having diverse perspectives where everyone is included, to serve customers from all walks of life.
We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals.
L1-TG1
Learn more about us here: https://www.mercuryinsurance.com/about/careers
We offer many great benefits, including:
Mercury Insurance is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, status as a protected veteran, or any other characteristic protected by federal, state, or local law.
USD $83,670.00 - USD $161,815.00 /Yr.
At Mercury, we have been guided by our purpose to help people reduce risk and overcome unexpected events for more than 60 years. We are one team with a common goal to help other others. Everyone needs insurance and we can’t imagine a world without it.
Our team will encourage you to grow, make time to have fun, and work together to make great things happen. We are an award-winning company, and we owe that to our amazing team!
We care about our people, and we mean it. We reward our talented professionals with a competitive salary, bonus potential, and a variety of benefits to help our team members reach their health, retirement, and professional goals.
Mercury was founded in 1961 by George Joseph, Mercury’s Founder and Chairman. Back in the 50s, everyone paid the same rate, regardless of their driving record. Joseph decided he could create a new system by developing an insurance company that used different factors to create fair and equitable rates for a variety of drivers.
“We called our company Mercury, because I wanted us to be fast and nimble, just like the Roman God of business and merchants,” says Joseph. “He was also responsible for delivering good news to people on Earth, which is exactly what we do for Mercury customers every day.”
We, Mercury Insurance (NYSE-MCY), are a leading independent broker and agency writer of automobile insurance in California and one of the fastest growing automobile insurers in the nation. We were ranked as the fourth largest private passenger automobile insurer in California, with over $4.5 billion in total assets, 4,500 team members, and 8,000 independent agents.
We started by providing comprehensive coverage options for auto and expanded our offerings into home, condo, renters, and business insurance, as well as mechanical protection. We operate through a network of local, independent agents in Arizona, California, Florida, Georgia, Illinois, Nevada, New Jersey, New York, Oklahoma, Texas and Virginia.
