Posted 1 week ago

Credit Risk Finance Consultant

Hartford Fire Ins. Co United States of America, Hartford CT- Home Office
Remote Full Time

Job description

Cons Fin Analysis - FF07BE We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future. This Finance Consultant level role will be responsible for comprehensive credit and financial statement reviews of new and renewal customers with loss sensitive programs to assess creditworthiness and financial strength for each account. The consultant will engage directly with business partner leaders and underwriters across National Accounts, Captives, Construction, Y-Risk, Middle Market, and Energy. The role will incorporate loss-sensitive driven collateral needs and management. The position requires process-improvement and technology-driven mindset, including extensive use of AI tools and solutions. Primary Job

Duties

Perform financial and credit reviews, utilizing financial statements, footnotes, and supporting materials for prospective and renewal accounts, to assess the financial strength and creditworthiness of each large deductible, loss-sensitive account. Partner with Middle and Large Business underwriters and practice leaders to support business objectives and goals to achieve top-line and bottom-line growth. Drive department objectives to enhance processes, increase efficiency, while leveraging technology and AI-enabled solutions. Develop a strong understanding of workflows and concepts related to loss-sensitive insurance programs including the various types of collateral accepted for The Hartford’s high deductible insurance programs. Develop a deep understanding of the goals and objectives of private equity sponsors and anticipate the strategic direction of the private equity managers, including the related credit implications.

Qualifications

Bachelor of Science in Accounting or Finance strongly preferred 5+ years of experience in accounting or financial analytics Strong knowledge of Generally Accepted Accounting Principles Excellent communication, presentation, and interpersonal skills Proven ability to interact with senior business partners Strong Microsoft Office suite skillset, including AI products Process-improvement and technology-driven mindset, including leverage of AI tools and solutions High degree of initiative, resourcefulness, and the ability to work independently, as well as collaboratively in a team environment Ability to operate effectively in a fast-paced, time-sensitive environment with competing priorities, driven by insurance quote cycles and deadlines Credit analysis, collateral management, and financial product knowledge preferred, but not required Understanding of industry economics and market dynamics Knowledge of large deductible, loss-sensitive insurance programs preferred. *Posting is open to all locations - preference would be CT location / Hybrid 3 days a week in office* This role can have a Hybrid or Remote work schedule. Candidates who live near one of our office locations will have the expectation of working in an office 3 days a week (Tuesday through Thursday). Candidates who do not live near an office will have a remote work schedule, with the expectation of coming into an office as business needs arise. Compensation The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is: $102,800 - $154,200 Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us

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Benefits

Every day, a day to do right. Showing up for people isn’t just what we do. It’s who we are – and have been for more than 200 years. We’re devoted to finding innovative ways to serve our customers, communities and employees—continually asking ourselves what more we can do. Is our policy language as simple and inclusive as it can be? Can we better help businesses navigate our ever-changing world? What else can we do to destigmatize mental health in the workplace? Can we make our communities more equitable? That we can rise to the challenge of these questions is due in no small part to our company values that our employees have shaped and defined. And while how we contribute looks different for each of us, it’s these values that drive all of us to do more and to do better every day.

About Us

Our Culture What It’s Like to Work Here Perks &

Benefits

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Skills and functions

  • Finance