Finance Business Partner

Job Type:

Build a brilliant future with Hiscox

Position: Finance Business Partner

Location: West Hartford, CT

Role, Team & Responsibilities:

The Finance Business Partner will report to the Head of FP&A and will contribute to critical financial management functions of the Hiscox USA FP&A team. There will be a specific focus on expense planning, reporting, and optimization. The Finance Business Partner Role will also be an integral part of the broader Finance team, interacting with finance professionals and corporate finance teams outside of the FP&A team. Success in this role will require a combination of strong technical expertise and the ability to engage with business and finance partners to drive results and financial insight.

Role Responsibilities Include:

• Support the Head of FP&A and the broader FP&A team to coordinate annual business/expense planning and the quarterly reforecast process

• Assist in month actuals reporting for senior management with appropriate commentary that provides financial insight
• Lead certain monthly forecasting processes through business understanding and engagement with business leads

• Ensure deadlines are met while preparing presentations for leadership
• Create detailed financial models to help deliver on strategic initiatives

• Ensure financial data is accurate and reconciles across various financial systems
• Support monthly expense analysis, including booking reserve entries and monitoring headcount, to track annual spending vs budget and prior year

• Proactively collaborate and partner with business leaders to track spending and find expense risks and opportunities

• Play an integral role in key management reporting like the Quarterly Business Review

Requirements:

Education:

• Bachelors in a Business-Related Field, preferably Accounting or Finance, MBA preferred but not required

Desired Skills and Experience:

• 6+ years of finance experience

• Experience within the P&C insurance industry preferred but not required

• Strong analytical skills; must be detail and results-oriented with a high degree of accuracy

• Self-directed, organized and self-motivated to accomplish goals

• Able to handle competing priorities in a dynamic business environment

• Experience building financial models

• Exceptional interpersonal communication and relationship building skills; able to communicate clearly and effectively in person and in writing

Computer Skills:

• Microsoft Office applications include advanced Excel proficiency, general ledger software, and financial data warehouse. Experience with large ERP systems and Hyperion tools is preferred.

Hiscox Values:

At Hiscox our spirit is in Challenging Convention and everything we do is guided by our Values.

• Courage: Do the right thing however hard

• Quality: World class where it matters

• Integrity: True to our word

• Excellence in Execution: Consistent, timely, efficient delivery

• Human: Firm, fair and inclusive

What Hiscox USA Offers:

• Competitive salary and bonus (based on personal & company performance) 

• 401(k) with competitive company matching 

• Comprehensive health insurance, vision, dental and FSA plans (medical, limited purpose, and dependent care)  

• Company paid group term life, short- term disability and long-term disability coverage 

• 24 Paid time off days, 2 Hiscox Days, 10 paid holidays, and ability to purchase 5 PTO days 

• Paid parental leave 

• 4 week paid sabbatical after every 5 years of service 

• Financial Adoption Assistance and Medical Travel Reimbursement Programs 

• Annual reimbursement up to $600 for health club membership or fees associated with any fitness program 

• Company paid subscription to Headspace to support employees’ mental health and wellbeing 

• Recipient of 2024 Cigna’s Well-Being Award for having a best-in-class health and wellness program 

• Dynamic, creative and values-driven culture 

• Modern and open office spaces, complimentary drinks 

**This position is hybrid and requires two (2) days in our office weekly if the candidate is near one of the locations listed**

Salary Range: $95-$125k

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education, training, credentials and experience of the candidate; and other conditions of employment.

About Hiscox:

As an international specialist insurer, we are far removed from the world of mass market insurance products. Instead, we are selective and focus on our key areas of expertise and strength - all of which is underpinned by a culture that encourages us to challenge convention and always look for a better way of doing things.

We insure the unique and the interesting. And we search for the same when it comes to talented people. Hiscox is full of smart, reliable human beings that look out for customers and each other. We believe in doing the right thing, making good and rebuilding when things go wrong. Everyone is encouraged to think creatively, challenge the status quo and look for solutions.

Scratch beneath the surface and you will find a business that is solid, but slightly contrary. We like to do things differently and constantly seek to evolve. We might have been around for a long time (our roots go back to 1901), but we are young in many ways, ambitious and going places.

Some people might say insurance is dull, but life at Hiscox is anything but. If that sounds good to you, get in touch.

About Hiscox USA:

Hiscox USA was established in 2006 to focus on the needs underserved and specialty commercial clients via both the regional broker and direct distribution channels and is today the fastest-growing business unit within the Hiscox Group.

Today, Hiscox USA has a talent force of about 400 employees mostly operating out of 6 major cities - New York, Atlanta, Dallas, Chicago, Los Angeles and San Francisco. Hiscox USA offers a broad portfolio of commercial products, including technology, cyber & data risk, multiple professional liability lines, media, entertainment, management liability, crime, kidnap & ransom, commercial property and terrorism.

You can follow Hiscox on LinkedIn, Glassdoor and Instagram (@HiscoxInsurance)

Work with amazing people and be part of a unique culture