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EVEREST REINSURANCE CO Finance Business Partner in Warren, New Jersey

Title:Finance Business PartnerCompany:Everest Insurance CompanyJob Category:FinanceJob Description:About Everest:Everest Group, Ltd. (Everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in North America, Latin America, the UK & Ireland, Continental Europe and Asia Pacific regions. Throughout our history, Everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Our most critical asset is our people. We offer dynamic training & professional development to our employees. We also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and Colleague Resource Groups.About the Role:The Finance Business Partner will play a vital role in providing financial guidance and support to the organization. You will collaborate closely with various business units, including underwriting, claims, and operations, to optimize financial performance and drive strategic decision-making. Your expertise in financial analysis, forecasting, and business partnering will contribute to the overall success and profitability of the business segment.Role & Responsibilities (include but not limited to): * Financial Analysis: Conduct comprehensive financial analysis of business segment, including revenue, expenses, and profitability. Identify key performance indicators (KPIs) and trends to provide insights and recommendations for improvement. Review quarterly financial results and provide challenge where necessary to ensure financial reporting is accurate at the business segment level. * Budgeting and Forecasting: Develop annual budgets and forecasts in collaboration with business segment leadership team. Monitor financial performance against targets and provide regular variance analysis, highlighting risks and opportunities. * Financial Planning and Strategy: Assist in the development of long-term financial plans and strategic initiatives. Provide financial insights to support decision-making. * Business Partnering: Act as a trusted advisor to business segment leaders, providing financial guidance and support. Collaborate on financial projects, initiatives, and operational improvements, ensuring alignment with overall objectives. * Performance Measurement: Establish and track key performance metrics to assess the financial trends and operational efficiency of business segment. Prepare management reports and presentations to communicate results and recommendations. * Risk Assessment and Mitigation: Identify financial risks and opportunities. Develop strategies to mitigate risks and optimize financial outcomes, ensuring alignment with overall strategies. * Stakeholder Management: Build strong relationships with cross-functional teams, including underwriting, claims, actuarial, and operations. Provide financial insights and support in discussions, meetings, and strategic planning sessions. * Process Improvement: Continuously evaluate and enhance our financial processes and reporting to streamline workflows and increase efficiency. * Team Collaboration: Collaborate effectively with the finance team and other internal stakeholders, fostering a culture of teamwork and knowledge sharing.Qualifications, Education & Experience: * Bachelor's degree in Finance, Accounting, or a related field. Master's degree or professional certification (e.g., CPA, CFA) is a plus. * Proven experience (7-10 years) as a Finance Business Partner or similar role within the P&C insurance industry. * Experience with business intelligence tools, ERP systems (Anaplan, IBM Planning Analytics, and Oracle) a plus.Knowledge, Skills & Competencies: * Strong knowledge of P&C insurance products, underwriting, claims processes, and industry-specific financial metrics. * Proficiency in financial analysis, forecasting, budgeting, and performance measurement. * Advanced skills in financial modeling, scenario testing, and data analysis (e.g. Excel or other financial planning tools) * Excellent communication and presentation skills, with the ability to convey complex financial concepts to non-financial stakeholders. * Knowledge of GAAP and Statutory accounting rules. * Strong business acumen, strategic thinking, and the ability to provide actionable recommendations based on financial analysis. * Attention to detail, analytical mindset, and the ability to work independently as well as collaboratively in a dynamic environment.Our Culture At Everest, our purpose is to provide the world wTo view the full job description, click here

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