Senior FP&A Analyst, Risk and Insurance

Are you looking for an opportunity with plenty of growth potential? Do you enjoy working in an exciting, fast-paced, collaborative environment? Are you interested in working with the world’s most innovative companies to create a more connected world? 

Connecting Continents. Impacting Communities. 

The backbone of the Internet is a series of high-tech subsea fiber optic cables deployed throughout the globe - SubCom has deployed over 50% of them. Our employees ensure data communications networks are engineered, manufactured, deployed, and maintained to the highest standards, enabling faster and more reliable connectivity to communities worldwide. Every member of the SubCom team plays a role in an end-to-end process that is critical to enterprises, governments, big cities, and rural towns. 

We encourage, expect, and value creativity, thoughtful risk taking, openness to change, and diverse perspectives. Whether you’re a seasoned applicant seeking a new and exciting challenge, or you’re new to the workforce and looking for a flexible, rewarding, and fast-paced position with an innovative and stable organization (since 1953), SubCom has opportunities to advance your career. 

Position Overview

The Senior FP&A Analyst, Risk and Insurance, will play a crucial role in driving financial performance through risk management, analysis, forecasting, and strategic planning. This position requires strong analytical skills, financial acumen, and the ability to communicate complex financial information effectively. The role will involve identifying and managing financial risks, supporting broader FP&A activities, and administering the company's insurance portfolio.

Duties/Responsibilities:

• Insurance Program Administration: Coordinate the pre-renewal and binding processes for the company's marine, casualty, property, workers compensation, and other corporate insurance programs.
• Insurance Renewal Coordination: Review existing policies, assess coverage requirements, gather and update necessary information, prepare submissions, negotiate terms, and manage premium payments.
• Claims Management Administration: Receive and report bodily injury and property damage claims, track insurance claims from initial notification to final settlement, and assist underwriters and brokers to ensure efficient claims management.
• Collateral Duties: Support the legal department in reviewing contracts to ensure insurance requirements for vendors and customers are met, manage insurance certificate programs, and attend meetings with brokers and underwriters.
• Partner with SubCom senior leaders on various insurance related items
• Lead the annual budgeting and monthly insurance forecasting processes, ensuring alignment with the company’s strategic goals and initiatives.
• Identify key insurance performance indicators (KPIs) and create and maintain a structure of non-financial reporting metrics to measure and drive operational efficiencies.
• Develop and maintain insurance financial models to support business planning and decision-making.
• Work closely with operations business partners to identify and track insurance cost savings opportunities.
• Perform analysis and build bridges of actual vs forecast or forecast vs forecast performance.
• Identify risk related capital improvements and financial rationalization
• Manage insurance payments
• Analyze insurance performance, identify trends, and provide actionable insights to senior management.

Qualifications 

• Bachelor’s degree in accounting or finance (MBA or CPA preferred) and at least 10+ years of demonstrated progressive experience in accounting and financial planning and analysis.
• Strong relationship building skills and the ability to closely collaborate within all levels of the organization.
• Strong analytical skills to assess and manage various components of corporate insurance programs.
• Advanced Excel and PowerPoint skills.
• Experience with Oracle or other ERP systems including use of BI and other multidimensional database management tools within a medium to large enterprise.
• Previous experience of partnering closely with business operations teams and the ability to develop a deep understanding of the business operations.
• Demonstrated ability to drive operational improvements and efficiencies.
• Outstanding communication skills and relationship-building capabilities.
• Attention to detail to ensure accurate assessment and understanding of information obtained.

NOTE: This job description is not intended to be all-inclusive. Employee may perform other related duties as negotiated to meet the ongoing needs of the organization. 

Candidates for positions with SubCom must be legally authorized to work in the United States. Employment eligibility verification will be required at the time of hire. Visa sponsorship is not available for this position. 

Our selection procedure is based on local, state and federal law.

Please be sure to attach a resume to your application. We are not able to consider applications without a resume. 

BENEFITS 

SubCom offers a comprehensive benefits package, including but not limited to: competitive salaries, medical, dental, vision, life and disability insurance coverages, FSA, HSA, generous vacation, paid sick leave, paid parental leave, paid holidays, tuition reimbursement, adoption assistance, and a 401(k) plan with generous company match. Additionally, some positions may be eligible for shift differential. 

AFFIRMATIVE ACTION/EQUAL EMPLOYER OPPORTUNITY 

SubCom is committed to providing a work environment that prohibits discrimination on the basis of age, color, disability, ethnicity, marital status, national origin, race, religion, gender, gender identity, sexual orientation, protected veteran status, disability or any other characteristics protected by applicable law or regulation. 

SubCom engineers, manufactures, and installs subsea fiber optic data cables - the unsung heroes of global communication. With an unrelenting focus on quality, reliability, and value, SubCom offers flexible end-to-end building blocks for the high-tech networks that are the backbone of the world's digital infrastructure. Since 1955, SubCom has deployed enough cable to circle the equator more than 21 times.

SUBCOM’S CORE VALUES 

Quality   -   Accountability   -   Teamwork   -   Innovation