Finance Business Analyst - Urbana, United States - Assurant

Assurant Urbana, United States

3 weeks ago

Description

Overview Of Position

This position is responsible for the creation and maintenance of business system control tables and financial mapping tables which create journal entries used to interface underwriting results into the financial system for GAAP and Statutory reporting.

Ties out financial reports for client conversions to new and existing business systems and documents the financial results.

Performs user acceptance testing on system modifications and works with IT on system enhancements or client programs being converted to business systems.

Performs peer reviews and other quality control in support of other Business Analyst and /or Senior Business Analysts on the Finance Business Systems team.

Compiles and maintains documentation pertinent to controls and tasks. Answers questions about the financial interfaces from financial analysts in accounting/finance. Works with members of other departments to implement new client programs and modify tables for existing ones. Supports process improvement projects and provides feedback on suggested changes in process to improve efficiency. Provides support for financial interface results and audit requests relative to same. Focuses on third party administered (TPA) clients and programs. Typically works independently under general supervision.

What will be my duties and responsibilities in this job?

Participate in the development and deployment of new client program migrations to the AIM business system and historical client program migrations from the legacy business system to the AIM business system.

Verify system data and calculations, and reconcile financial interface journals to expected results.

Compile User Acceptance Testing (UAT) exhibits used to evaluate client data conversions and new client implementations for management presentation to obtain approval for implementation.

(35%)Create, maintain, test, and secure business system control tables and financial system interface mapping tables used to create journal entries for existing and new client program business results.

Perform UAT when control tables, financial system interface tables, or programs are modified in the UDB and/or AIM. (25%)Participate in peer reviews of work done by peers in the Finance Business Systems team. Investigate, correct, and mitigate errors found in control or interface tables. (10%)Perform analysis on program results to provide support to finance team relative to business system and interface journal entries. Validate financial business system interfaces remain in compliance with GAAP and statutory requirements. Reconcile data pulled by IT staff for internal or external audit requests to expected results. (10%)Compile and maintain process and procedure documentation. Recommend and propose changes and improvements to existing procedures and processes to management. (10%)Compile exhibits used by IT to pull data for internal/external audit requests and reconcile the expected to actual results. (5%)Communicate status of assignments and projects to manager and TPA team members. (5%)Perform all other duties and participate in special projects assigned by management.

What are the requirements needed for this position?

Education, Certifications And Experience:
Entry-Level to intermediate knowledge of accounting/finance practices and principles, as evidenced by a B.S. in Accounting or FinanceMinor in Information TechnologyMinimum 2 years accounting or finance experience

Knowledge, Skills And Abilities :
Understanding of database theoryDemonstrated knowledge of accounting/finance principals.
Strong verbal and written communication skillsProficient with Microsoft Excel and WordTime management skills to stay focused and meet deadlinesAble to multi-task and juggle assignmentsAble to adapt to changing prioritiesStrong problem solving abilitiesStrong attention to detailsAble to work effectively in a team environmentGoal/results oriented

What other skills/experience would be helpful to have?

Education, Certifications And Experience:
BS in Information TechnologyFamiliarity with insurance terminologyInsurance accounting experience a plusMinimum 2 yrs Experience working with databasesExperience with SharePoint and Microsoft PowerPoint and Access a plusExperience with business systems and/or ledger or other Enterprise Resource Management system a plus

Pay Range:
$59, $98,800.00

Any posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.

Expected application deadline is

05/20/2024

If date is blank then this is a pipeline requisition, and we will continue to collect applications on an ongoing basis.

Helping People Thrive in a Connected World

Connect with us. Bring us your best work and your brightest ideas. And we'll bring you a place where you can thrive. Learn more at

For U.S. benefit information, visit For benefit information outside the U.S., please speak with your recruiter.

What's the culture like at Assurant?

Our unique culture is a big reason why talented people choose Assurant.

Named a Best/Great Place to Work in 13 countries and awarded the Fortune America's Most Innovative Companies recognition in 2023, we bring together top talent around the world.

Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.

Company Overview

Assurant is a leading global business services company that supports, protects, and connects major consumer purchases.

A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world's leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.

Equal Opportunity Statement

Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.

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