Vice President

Vice President, Analytics

Step into a critical new role as an analytical leader at a company that highly values data-driven decision making, curiosity, and rigorous analysis.

Job Responsibilities

Key advisor to Board, executive team, and leadership. Understands what is happening and why across the business through an analytical lens.

• Critical member of Finance & Strategy and Openly leadership team. Partner with leaders across the entire organization to help drive forward the company’s strategy and results
• Set our OKRs and KPIs and monitor progress against them; recommend actions that will improve our business for our stakeholders
• Own the Financial Plan, forecasting, and strategic financial model inputs and outputs. Need to understand what our key assumptions are and be able to back them up with analysis
• Set targets and monitor progress against these targets for critical initiatives
• Own data strategy, ensuring data is accurate and available when, where, and how it is needed to make decisions
• Drive efficiency in Analytics and across the business - delivering lower costs with scale is a critical element of Openly’s strategy

In addition, this role will lead and have accountability for the following teams:

Operational Analytics & Reporting

• Delivers analysis and reporting that consistently identifies actionable opportunities to drive incremental efficiency and/or growth for our business partners
• Influences strategic decision making and initiative prioritization through analysis-based recommendations (includes competitive intelligence and XFT related work)

Business Intelligence & Data

• Takes data from its raw form and makes it actionable through self-service datasets, reports, and visualizations
• Shortens the time and effort from data —> insight —> decision

Financial Planning & Analysis

• Prepares annual financial planning, forecasting and financial performance analysis to support internal and external reporting needs. This includes, for example, investors, board of directors, executive management, rating agencies and reinsurers.
• Drives financial modeling to support organizational strategic decisions, such as scenario modeling, 5-yr financial projections, and capital optimization analysis.

Example Questions/Decisions this role will impact

What should be our long-term target for metric “X”? What will it take to achieve it?

Should we expand to new product line “Y”?

Why is this metric deviating from plan? What actions could we take to impact it?

Why are we projecting this KPI to accelerate in our forecast?

What data is available to make better decisions and how could we surface that data?

How

Teamwork - this role will influence all of Openly’s key decisions, but solely own few of them. Requires the ability to influence and work collaboratively

Curiosity - bring and be open to new ideas on how things can be done in our business. Verify “common wisdom” or beliefs

Willingness to innovate and try new things will be very important to help us drive scale in analytics and across the business

Solve the right problem with the right tool - not every decision/question requires a heavily detailed model. But some do. The successful person in this role will ensure we are bringing the right analytical tools to the right decisions.

Stay lean - we highly value efficiency and our customers and agents demand that we keep our costs low. This means sometimes we have to forgo analysis for less important decisions to focus our resources on the most important questions

Get into the details - at our stage, every member of the team is expected to be willing and able to dig into models, build analyses and recommendations, etc.

Requirements

• 15+ years relevant experience, including experience working in P&C insurance required
• Bachelor's Degree or equivalent combination of education and work experience; Master's Degree preferred
• Expert technical skills and proven experience with various modeling and analytical techniques and processes
• Advanced experience forecasting operational and financial metrics with a thorough understanding of their impact on financial statements, both on a GAAP and STAT basis
• Experience in pricing/product actuarial work is a plus
• Problem solving through advanced data and statistical analysis
• Work effectively with executive teams and Boards by utilizing clear, concise and analytical communication.
• Make decisions by examining facts, applying expertise, analysis, and sound judgment.
• Lead and influence through ambiguity, applying experience to drive creation and improvement of processes where necessary.
• Strong interpersonal and communication skills to build relationships and trust at all levels with internal stakeholders.