Senior Financial Analyst, Insurance Finance

Porch Group is a leading vertical software and insurance platform and is positioned to be the best partner to help homebuyers move, maintain, and fully protect their homes. We offer differentiated products and services, with homeowners insurance at the center of this relationship. We differentiate and look to win in the massive and growing homeowners insurance opportunity by 1) providing the best services for homebuyers, 2) led by advantaged underwriting in insurance, 3) to protect the whole home.

As a leader in the home services software-as-a-service (“SaaS”) space, we’ve built deep relationships with approximately 30 thousand companies that are key to the home-buying transaction, such as home inspectors, mortgage companies, and title companies.

In 2020, Porch Group rang the Nasdaq bell and began trading under the ticker symbol PRCH. We are looking to build a truly great company and are JUST GETTING STARTED.

Job Title: Senior Financial Analyst, Insurance Finance

Location: United States

Workplace: Remote

Job Summary

The future is bright for Porch Group, and we’d love for you to be a part of it as our Senior Financial Analyst, Insurance Finance.

The Senior Financial Analyst of Insurance Finance will report into the Sr Director of Insurance Finance and will be creating the financial plan, data/analysis and reporting for the insurance division. 

Senior Financial Analyst (SFA) plays a key role in helping the organization make informed financial decisions by analyzing financial data, forecasting future financial trends, and providing strategic insights.  The SFA will identify areas where costs can be reduced or efficiencies can be improved. This could involve analyzing spending patterns, evaluating vendor contracts, or reviewing operational processes.

Furthermore, the SFA will work closely with leadership teams to provide insights into business performance. They help assess the impact of financial decisions, investments, and market conditions on the company’s overall strategy.

What you will do as a Senior Financial Analyst, Insurance Finance

• Analyze financial statements, including income statements, balance sheets, and cash flow statements for our P&C operations & Reinsurance Program.
• Monitor financial performance and key performance indicators (KPIs) in our insurance program to identify trends, opportunities, and areas for improvement.
• Assist in forecasting and scenario analysis for the P&C insurance division, in alignment with organizational goals and objectives and compliance with P&C standards.
• Prepare and assemble data and analysis for reinsurance submissions and ad hoc reinsurer requests and facilitate reinsurance contract review and signing process.
• Develop/Maintain quote and authorization spreadsheets for reinsurance placements, translate into modeling of financial results.
• Communicate financial results, forecasts, and strategies to internal stakeholders, including senior management.
• Implement best practices to enhance efficiency and accuracy in financial operations.
• Communicate results and plans to senior leadership.

What you will bring as a Senior Financial Analyst, Insurance Finance

• Bachelor's degree Finance, Accounting, or a related field. A master's degree or professional certification (e.g., CPA, AINS, CFA) is a plus.
• 5+ years of experience in finance or accounting roles within the P&C insurance industry.
• Strong knowledge of insurance accounting principles, financial modeling, and reinsurance.
• Proficiency in financial software and tools, such as Excel, accounting software, and financial modeling software.
• Excellent analytical, problem-solving, and communication skills.
• Ability to work collaboratively in a team and lead financial initiatives in a fast paced setting

The application window for this position is anticipated to close in 2 weeks (10 business days) from 01/21/2025 Please know this may change based on business and interviewing needs.

At this time, Porch Group does not consider applicants from the following states for remote positions: Alaska, Arkansas, Delaware, Hawaii, Iowa, Maine, Mississippi, Montana, New Hampshire, and West Virginia.

What You Will Get As A Porch Group Team Member 

Pay Range*: $84,000.00 - $117,600.00 annually 

*Please know your actual pay at Porch will reflect a number of factors among which are your work experience and skillsets, job-related knowledge, alignment with market and our Porch employees, as well as your geographic location.  
 
Additionally, you will be eligible to receive long-term incentive awards, subject to program guidelines and approvals. 
 
Our benefits package will provide you with comprehensive coverage for your health, life, and financial wellbeing.  

Our traditional healthcare benefits include three (3) Medical plan options, two (2) Dental plan options, and a Vision plan from which to choose.
Critical Illness, Hospital Indemnity and Accident plans are offered on a voluntary basis.
We offer pre-tax savings options including a partially employer funded Health Savings Account and employee Flexible Savings Accounts including healthcare, dependent care, and transportation savings options.
We provide company paid Basic Life and AD&D, Short and Long-Term Disability benefits. We also offer Voluntary Life and AD&D plans.
Both traditional and Roth 401(k) plans are available with a discretionary employer match.
Headspace is part of our employer paid wellbeing program and provides employees and their families access to on demand guided meditation and mindfulness exercises, mental health coaching, clinical care and online access to confidential resources including will preparation.
Brio Health is another employer paid wellbeing tool that offers quarterly wellness challenges and prizes.
LifeBalance is a free resource to employees and their families for year-round discounts on things like gym memberships, travel, appliances, movies, pet insurance and more.
Our wellness programs include flexible paid vacation, company-paid holidays of typically nine per year, paid sick time, paid parental leave, identity theft program, travel assistance, and fitness and other discounts programs.
#LI-JS1

#LI-Remote

What’s next?

Submit your application and our Porch Group Talent Acquisition team will be reviewing your application shortly! If your resume gets us intrigued, we will look to connect with you for a chat to learn more about your background, and then possibly invite you to have virtual interviews. What's important to call out is that we want to make sure not only that you're the right person for us, but also that we're the right next step for you, so come prepared with all the questions you have!

Porch is committed to building an inclusive culture of belonging that not only embraces the diversity of our people but also reflects the diversity of the communities in which we work and the customers we serve. We know that the happiest and highest performing teams include people with diverse perspectives that encourage new ways of solving problems, so we strive to attract and develop talent from all backgrounds and create workplaces where everyone feels seen, heard and empowered to bring their full, authentic selves to work.

Porch is an Equal Opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex including sexual orientation and gender identity, national origin, disability, protected veteran status, or any other characteristic protected by applicable laws, regulations, and ordinances.

Porch Group is an E-Verify employer. E-Verify is a web-based system that allows an employer to determine an employee's eligibility to work in the US using information reported on an employee's Form I-9. The E-Verify system confirms eligibility with both the Social Security Administration (SSA) and Department of Homeland Security (DHS). For more information, please go to the USCIS E-Verify website.