Full-Time

FP&a Analyst

Posted on 11/15/2024

Markel

Markel

1,001-5,000 employees

Specialty insurance and reinsurance provider

Financial Services

Junior, Mid

No H1B Sponsorship

Richmond, VA, USA

Hybrid working schedule of 3 days in the office and 2 days remote.

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
Financial analysis
Data Analysis
Requirements
  • Bachelor's degree in finance or a related discipline
  • MBA or MBA pursuit a plus
  • CPCU or other industry designation a plus
  • 2-4+ years of related experience or applicable internships
  • Strong understanding of financial processes and systems
  • Strong verbal and written communication skills
  • Must have strong Excel and data manipulation skills
  • Highly organized and detail-oriented with ability to multi-task
  • Ability to deliver outstanding customer service
  • Adaptable and comfortable with fast pace and shifting priorities
  • Financial consulting and analysis skills - ability to assess needs, identify issues, recommend alternatives and implement change
  • US Work Authorization required. Markel does not provide visa sponsorship for this position, now or in the future.
Responsibilities
  • Develops and maintains models and tools to support effective and efficient analysis and recommendations
  • Provide decision support through value added analysis and financial insights & storytelling
  • Analyzes and presents insights on competitor and industry analysis workflows
  • Participates in identifying and leveraging new tools to improve data analysis
  • Produce clear reports that summarize financial output, issues and recommendations
  • Supports reporting needs of the broader organization to provide increased visibility of financial performance
  • Documents, reviews and optimizes standard processes and process flows
  • Supports the compilation and analysis of the annual budget and quarterly forecast
  • Participate or lead ad hoc initiatives and orchestrate alignment and success across multifunction projects
  • Work with multiple business partners to gain a deeper understanding of financial data, to confirm assumptions, and validate output of analyses
  • Mentors and coaches other analysts
  • Supports the organization in opportunity identification, data-based decision-making and performance assessment
  • Reviews deliverables prepared by other team members

Markel provides specialty insurance, reinsurance, and investment services, focusing on hard-to-place risks in niche markets. Their insurance offerings include coverage for agricultural and equine risks, reinsurance for large enterprises like oil rigs, event cancellation insurance for weddings and concerts, inland marine coverage for fine art, environmental pollution, and insurance for recreational vehicles like yachts and motorcycles. Markel's products work by assessing unique risks and tailoring coverage to meet the specific needs of their clients. Unlike many competitors, Markel emphasizes a culture of integrity, teamwork, and a commitment to understanding customer needs, which allows them to deliver quality service and innovative solutions. The company's goal is to lead in their industry by continuously improving their offerings and fostering an environment where employees can thrive and contribute to the company's success.

Company Stage

IPO

Total Funding

N/A

Headquarters

Glen Allen, Virginia

Founded

N/A

Simplify Jobs

Simplify's Take

What believers are saying

  • Recent investments from firms like Lighthouse Investment Partners and Swedbank AB indicate strong market confidence in Markel's growth potential.
  • Expansion into new office space in Plano, Texas, reflects Markel's ongoing growth and commitment to increasing its operational capacity.
  • Key hires and promotions, such as the appointment of a new Chief Strategy Officer, signal a robust leadership team focused on strategic growth.

What critics are saying

  • The specialized nature of Markel's insurance offerings may limit its market size compared to more diversified insurers.
  • Expansion efforts, such as those in Asia Pacific, require careful management to avoid overextension and ensure sustainable growth.

What makes Markel unique

  • Markel's focus on niche markets like agricultural risks, event cancellation, and inland marine coverage sets it apart from traditional insurers.
  • The company's commitment to innovation and flexibility allows it to adapt quickly to market changes, unlike more rigid competitors.
  • Markel's global presence and strategic hires in Asia Pacific enhance its ability to serve diverse markets with specialized insurance solutions.

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