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Full-Time

Financial Systems Analyst V

Posted on 10/21/2024

Hagerty

Hagerty

11-50 employees

Specialized insurance for classic cars

Automotive & Transportation
Consumer Goods

Senior

Remote in USA

Category
Financial Planning and Analysis (FP&A)
Finance & Banking
Required Skills
SQL
SAP Products
Oracle
Data Analysis
Snowflake
Requirements
  • Bachelor's degree or higher in Finance, Engineering, Information Technology, Computer Science, or a related field. Equivalent relevant experience may be considered in lieu of a degree.
  • System experience with large general ledger applications preferably Workday but others like Oracle and SAP will be considered. Experience specifically with Workday Accounting Center & Prism desired.
  • Experience integrating with data analytics and warehousing tools preferably Snowflake.
  • Advanced knowledge and skills using SQL or similar to query, combine, transform, visualize, and analyze data.
  • Experience analyzing and developing data requirements for finance and accounting systems.
  • Strong understanding of insurance accounting principles and financial reporting, including experience with general ledger, reconciliations, and financial close processes.
  • Advanced knowledge working with transactional and relational databases.
  • Strong decision-making and critical-thinking skills.
  • Effectively present complex technical topics to non-technical and technical audiences at all levels.
Responsibilities
  • Identify, combine, and enrich data to design and develop measures and metrics for general ledger, financial reporting, and similar accounting and finance department needs.
  • Actively contribute to the planning and execution of the accounting and finance data roadmap by creating development-ready requirements that include data source identification, data transformations, business rules, data validation rules, data reconciliation processes, data controls, and other requirements in collaboration with engineering, analytics, and business teams.
  • Analyze financial processes and workflows, identify inefficiencies, and recommend system and process improvements to enhance accuracy and efficiency.
  • Provide ongoing support and training to finance and accounting users to ensure they can effectively use the financial systems and tools for their roles.
  • Lead or participate in testing efforts for system upgrades, patches, and new implementations, ensuring that financial data flows correctly and aligns with business needs.
  • Ensure the financial data system complies with relevant regulatory, audit, and internal control requirements, such as SOX (Sarbanes-Oxley Act).
  • Write SQL code or use no-code query tools to query, transform, combine, analyze, and visualize data and prepare it for production release following best practices including debugging, versioning, documentation, and peer review.
  • Evaluate emerging tools, technologies, models and methods to design data and analytic solutions to solve ambiguous and hypothetical business problems.
  • Take reasonable measures to ensure accuracy, appropriateness, and completeness of data and method of analysis for the task, pursue problem identification and recommend solutions.
  • Contribute to Hagerty by delivering work that achieves operational, functional, and/or business targets.
  • Make decisions that have significant impact on your team’s outcomes, and you anticipate how your work affects your broader department results.
  • Communicate with colleagues both inside and outside of your job area across various levels.
  • Play a role in influencing others in neighboring departments to align on new concepts and/or approaches.
  • Interact with external customers or vendors when needed.
  • Confidently navigate difficult problems on a regular basis; resolution often requires considering broader implications.
  • Reconcile interconnected issues, having learned from past experiences and leveraging your advanced knowledge of best practices.
  • Take responsibility for developing solutions and/or making improvements to products, processes, programs and policies.
  • Working independently, you regularly lead the execution of multifaceted processes or projects.
  • Use your judgment to deviate from typical approaches when new methods are needed and seek occasional guidance if novel or critical situations arise.
  • Provide guidance and assistance to team members.

Hagerty specializes in services for classic and collector car enthusiasts, offering tailored insurance policies that consider the unique value and usage of vintage vehicles. Their insurance is designed specifically for classic car owners, providing better coverage and competitive rates compared to standard auto insurance. In addition to insurance, Hagerty has a membership program that includes benefits like roadside assistance, exclusive event access, and discounts on automotive products. The company also fosters a strong community through content creation, such as articles and virtual car shows, which helps engage car lovers and attract new clients. By focusing on the classic car segment, Hagerty distinguishes itself from competitors in the broader automotive market, aiming to serve a dedicated clientele that views their vehicles as investments and pieces of history.

Company Stage

IPO

Total Funding

$684.8M

Headquarters

Traverse City, Michigan

Founded

N/A

Growth & Insights
Headcount

6 month growth

29%

1 year growth

29%

2 year growth

29%
Simplify Jobs

Simplify's Take

What believers are saying

  • Hagerty's strategic hires, such as the former Amazon executive, signal a commitment to innovation and digital growth, potentially leading to new revenue streams and enhanced customer experiences.
  • The company's vibrant community and membership program, including events like HDC Days, foster strong customer loyalty and engagement, which can drive long-term growth.
  • Their involvement in high-profile events like Motorlux and partnerships with luxury brands and auctions can elevate Hagerty's brand prestige and attract high-net-worth clients.

What critics are saying

  • The niche focus on classic and collector cars limits their market size, making them vulnerable to economic downturns that affect discretionary spending.
  • Integrating new digital initiatives and leadership could face challenges, potentially leading to execution risks and strategic misalignments.

What makes Hagerty unique

  • Hagerty specializes exclusively in classic and collector cars, offering tailored insurance policies that consider the unique value and usage patterns of these vehicles, unlike standard auto insurers.
  • Their strong community engagement through content creation, events, and a membership program sets them apart from competitors who may not offer such a comprehensive ecosystem.
  • The recent hiring of a former Amazon executive to lead their Digital Marketplace and Valuation tools indicates a strategic focus on enhancing their digital offerings, which is a unique move in the classic car insurance market.

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