Full-Time

Senior Financial Analyst

Confirmed live in the last 24 hours

TIH

TIH

201-500 employees

Fintech
Financial Services

Senior

Charlotte, NC, USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Financial analysis
Data Analysis

You match the following TIH's candidate preferences

Employers are more likely to interview you if you match these preferences:

Degree
Experience
Requirements
  • Bachelor's degree in Accounting or Finance, or equivalent education and related training.
  • Five years of relevant accounting or finance experience that includes complex financial analysis.
  • Ability to take direction and then work independently to complete tasks while considering broader implications or necessary additional analysis.
  • Ability to build consensus through communication and presentation of factual and relevant information.
  • Strong verbal and written communication skills.
  • Strong analytical and problem-solving skills.
  • Sound and logical decision-making abilities.
  • Ability to work well with others in a dynamic, team-oriented environment.
  • Proficiency in computer applications such as Microsoft Office Excel, PowerPoint, Word, Outlook, and other basic software products.
Responsibilities
  • Collaborates and works across the Finance division to ensure integrity of the financials and ensures sound controls and procedures.
  • Experienced financial professional role that applies in-depth knowledge within own professional discipline and a deeper understanding of concepts and principles of the business to produce relevant financial analysis and reporting.
  • Compiles, reviews, analyzes, and submits timely and accurate monthly reporting related to the Bank's financial performance or strategy.
  • Applies knowledge of best practices derived from experience to solve problems of higher operational or technical complexity by analyzing possible solutions using data analysis, experience, judgement and precedents.
  • Reviews monthly financial close, monthly forecasting and annual financial planning processes for accuracy and reasonableness.
  • Subject matter expert on products, fees, and fee codes, regulatory reporting requirements, business cycles, origination channels and accounting flow for assigned area of responsibility.
  • Provides line of business (LOB) leadership with the monthly performance review package by preparing and providing explanation of changes and identification of trends for use in discussions with the Senior Financial Officer (SFO) and other members of Senior Leadership.
  • Maintains a strong working relationship with supported business area to complete tasks and deliver high quality work.
  • Coordinate with internal and external audits and examinations (responses to External and Regulatory requests are to be made in collaboration with Accounting Policy).
Desired Qualifications
  • Certified Public Accountant, Certified Management Accountant, or Chartered Financial Analyst
  • Master's degree of MBA
  • Specific financial services or specialized industry experience.
  • Proficient in Essbase/Hyperion, EPM/BPC, or other enterprise accounting software.
  • Experience with macros/VBA.

Company Size

201-500

Company Stage

Acquired

Total Funding

N/A

Headquarters

Charlotte, North Carolina

Founded

1922

Simplify Jobs

Simplify's Take

What believers are saying

  • TIH can leverage increased investment in digital transformation and technology adoption.
  • The rise of InsurTech partnerships offers TIH opportunities for innovation.
  • TIH can capitalize on the growing emphasis on personalized insurance products.

What critics are saying

  • Increased competition from private equity-backed firms could pressure TIH's market share.
  • Integration of new technologies may lead to operational disruptions or increased costs.
  • Regulatory scrutiny on private equity ownership could increase compliance costs.

What makes TIH unique

  • TIH is the fifth largest insurance brokerage in the United States.
  • TIH benefits from strong investor backing by Stone Point Capital and CD&R.
  • TIH maintains a diversified portfolio of top-performing businesses.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Retirement Plan

401(k) Company Match

Paid Vacation

Paid Sick Leave

Paid Holidays

Flexible Spending Account

Health Savings Account

Employee Assistance Program

Unlimited Paid Time Off

Hybrid Work Options

Company News

PR Newswire
May 7th, 2024
Truist Completes Previously Announced Sale Of Truist Insurance Holdings To Investor Group Led By Stone Point Capital And Cdr

CHARLOTTE, N.C. and GREENWICH, Conn. and NEW YORK, May 7, 2024 /PRNewswire/ -- Truist Financial Corporation (NYSE: TFC) today announced that it has completed the previously announced sale of its remaining stake in Truist Insurance Holdings ("TIH"), a subsidiary of Truist and the fifth largest insurance brokerage in the United States, to an investor group led by private equity firms Stone Point Capital ("Stone Point") and Clayton, Dubilier & Rice ("CD&R"). Mubadala Investment Company and other co-investors also participated in the investment."Today's announcement is a testament to our strategy, the value of our insurance business, and the strength and dedication of our teammates," said TIH Chief Executive Officer John Howard. "Our investors provide us with a significant opportunity to expand our operations in an industry where scale is critical to remain competitive. With their backing, we will explore new avenues of growth and strengthen our overall operating strategy built around our diversified portfolio of top-performing businesses, each of which will continue to operate in the marketplace under its current brand name."The all-cash transaction values TIH at an implied enterprise value of $15.5 billion

AI-CIO
Apr 4th, 2024
Blue Owl Announces $750M Kuvare Acquisition in Latest Insurance Deal

Stone Point Capital and Mubadala acquired Truist Insurance Holdings last year in a $1.95 billion deal.

Bizjournals
Feb 20th, 2024
Truist to sell insurance unit valued at $15.5B to Stone Point Capital, other investors

The deal, which is expected to close during the second quarter of this year, is valued at $15.5 billion.

Coverage
Feb 20th, 2024
Truist To Sell Remaining Stake In Truist Insurance Holdings

Truist announced that it has reached a definitive agreement to sell its remaining stake in. Truist Insurance Holdings, <i class="fa fa-info-circle company-popover" data-content="h3Truist Insurance Holdings/h3. div

MarketScreener
Feb 20th, 2024
Truist announces agreement to sell remaining stake in Truist Insurance Holdings to investor group led by Stone Point Capital and Clayton, Dubilier & Rice, valuing Truist Insurance Holdings at $15.5 billion

TIH will also have additional resources to invest in cutting-edge technology and develop new products and services, offering even greater value to clients.