P&C Finance - Financial Analyst II

For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, Sustainability initiatives and inclusive corporate culture.

Our Finance team is seeking a Financial Analyst ll to join our Expense Management team in our Worcester, MA office. This is a full time, exempt role. The position is eligible for a Hybrid/Flex work arrangement.

POSITION SUMMARY:
Working in an enterprise finance role that provides financial analysis and consultative support to corporate businesses leaders. This will include researching variances, identify emerging trends and present findings to Management to drive results. Develops, interprets, and implements complex financial and accounting concepts, or techniques for financial planning and control.

IN THIS ROLE, YOU WILL:

• Monthly Reporting – Update and develop monthly, quarterly, and annual financial, business, and operational reporting in an accurate and timely manner.
• Analysis & Interpretation - Analyze financial information to provide variance analysis of current financial performance and investigates discrepancies and trends to identify business drivers of results. Develop additional reporting to communicate findings.
• Presentations – Ability to display financial information and summarize data in a concise manner to report to senior management
• Planning & Forecasting – Coordinate and support the annual financial planning cycle in partnership with business partners and extended financial team. Assist organization in the development of the budget, planning, and other corporate financial requirements.
• Make recommendations regarding process improvements, data analytics and reporting capabilities
• Support adhoc requests and analysis from senior management
• Usually works with minimum supervision, conferring with superior on unusual matters.
• Project Management – Responsible for individual projects from initiation through completion, collaborating with teams outside area. May be assigned to a particular project and be accountable for reporting on project status.
• Teamwork – Contribute to the broader high-functioning Expense Team as an equal partner in driving results through dialogue, group projects and thought sharing.

WHAT YOU NEED TO APPLY:

• 2+ years of related experience in finance/accounting positions
• Prior financial reporting and planning experience preferred
• Possesses and applies knowledge of financial analysis principles and practices
• Excellent verbal and written communication skills
• Able to handle competing priorities simultaneously
• Advanced knowledge of Microsoft Office Suite (Excel, PowerPoint) required
• Oracle Hyperion/IBM Cognos / Essbase experience strongly preferred
• P&C insurance experience not required, but preferred

CAREER DEVELOPMENT:

It’s not just a job, it’s a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you – at every level – to grow and develop.

BENEFITS:

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.

Benefits include:

• Medical, dental, vision, life, and disability insurance
• 401K with a company match
• Tuition reimbursement
• PTO
• Company paid holidays
• Flexible work arrangements
• Cultural Awareness Day in support of IDE
• On-site medical/wellness center (Worcester only)
• Click here for the full list of Benefits

EEO statement:

The Hanover values diversity in the workplace and among our customers.  The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.  

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.” 

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities.  Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at:HRServices@hanover.com and include the link of the job posting in which you are interested.

Privacy Policy:

To view our privacy policy and online privacy statement, click here.  

Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here.

Compensation:

The target hiring range for this role may vary based on geographic location and other factors, including merit or performance, demonstrated proficiency, skills for the role, education, travel requirements, and experience. Additional compensation may include an annual bonus (which could take the form of a general bonus, sales incentive, or short-term incentive), long-term incentive or spot recognition awards. The posted range reflects our ability to hire at different position titles and levels depending on background and experience.