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First Insurance Company of Hawaii · 5 days ago

Financial Analyst II

Honolulu, HI

Full-time

Onsite

Mid Level

$61K/yr - $81K/yr

3+ years exp

First Insurance Company of Hawaii is a purpose-driven organization dedicated to helping others in their time of need. The Financial Analyst II role involves providing analytical support to underwriting departments, conducting financial and operational analysis, and teaching best practices in data management and analytics.

Commercial InsuranceFinancial ServicesHealth InsuranceInsurance

Hiring Manager

Janis Kushimi

Responsibilities

Provide analytical support to FICOH underwriting departments, especially through the Book Management Committee (BMC) which will help underwriting management make informed decisions regarding profitability, growth opportunities, more effective management of agencies, internal staff, or resources

Develop enough underwriting knowledge and understanding of product rating in order to support the analysis of rating factors, quantify proposed rating changes, help correct any errors or irregularities in FICOH rating workbooks or programmed rating

Work closely with Corporate UW rating analysts and TMNAS pricing actuaries to effectively file rate changes and seek approvals from the State

Help respond to objections and implement approved changes in a timely manner

Possess strong working knowledge of 3 lines of business

Strong working knowledge on acquiring, organizing, sharing, and presenting information

This includes data which is already captured by FICOH and used internally, as well as acquiring new sources of information (externally), and making sources of information more accessible for decision making

Teach others best practices in data management and analytics

Prepare and/or lead others in financial and operational analysis as needed for the company (at the direction by management)

Summarize the analysis and effectively communicate it to external or internal customers (e.g. TMNAS, reinsurers, or other FICOH departments) and respond to inquiries

Qualification

Financial analysisData managementExcel macrosSQLProgramming skillsMulti-taskingCommunication skillsTeam playerProblem solving

Required

4 year College Degree

3+ years of financial analysis experience

Ability to effectively work and interact with people at all levels of an organization

Strong written and oral communication skills

Team player with a good attitude, willing to assert initiative, able to multi-task and adhere to change

Independent problem solver with strong initiative

Advanced proficiency in Outlook, Word, PowerPoint, and Excel

Proficiency in using data bases created by others and manipulating data through existing software or applications

Basic proficiency in systems design or programming with specific skills in Excel macros and/or SQL or similar query languages/applications (Cognos)

Willingness and desire to learn new programming skills such as ‘R' and Python

Preferred

Preferred degrees in Economics, Math, Finance, Business, or similar

Benefits

401(k) savings plan with company match

Profit-sharing

Wide-ranging health benefits

Generous family wellbeing leave

Attractive time off benefits (vacation/floating holiday/sick/observed holidays)

Tuition assistance

A discounted insurance rate

Life and disability insurance options

And more!

Company

First Insurance Company of Hawaii

At First Insurance Company of Hawaii (FICOH), the word “first” evokes many things, including our history as Hawaii’s first property and casualty insurance company and our commitment to being the “first choice” of our customers and our associates.

Founded in 1911

Honolulu, Hawaii, USA

201-500 employees