Logo
Ryan Specialty

Senior Financial Planning Analyst

Ryan Specialty, Chicago

Save Job

Join to apply for the Senior Financial Planning Analyst role at Ryan Specialty

Join to apply for the Senior Financial Planning Analyst role at Ryan Specialty

Get AI-powered advice on this job and more exclusive features.

Position Summary
The Financial Planning Analyst is responsible for conducting financial analysis to support informed decision making and driving budgeting and forecasting activities. The role develops cross functional relationships, ensures compliance with regulatory requirements, and provides insights to drive business growth. They coordinate the preparation and submission of capital planning documentation, conduct thorough analysis of Profit & Loss (P&L) reports, monitor key performance indicators, and offer comprehensive commentary on variances.

Position Summary
The Financial Planning Analyst is responsible for conducting financial analysis to support informed decision making and driving budgeting and forecasting activities. The role develops cross functional relationships, ensures compliance with regulatory requirements, and provides insights to drive business growth. They coordinate the preparation and submission of capital planning documentation, conduct thorough analysis of Profit & Loss (P&L) reports, monitor key performance indicators, and offer comprehensive commentary on variances.
What will your job entail?
Job Responsibilities

  • Conducts financial analysis to support decision-making, develops and updates financial projections and stress testing analysis as per established policies and procedures.
  • Supports the preparation and submission of capital planning documentation and analysis in compliance with financial reporting standards and regulations.
  • Conducts monthly, quarterly, and annual analysis of Profit & Loss (P&L) reports, providing comprehensive commentary on variances to budget, prior periods, and forecasts.
  • Prepares and presents financial reports to management, executives, and other stakeholders in a clear and concise manner, highlighting key insights and trends.
  • Identifies and implements enhancements to financial planning and analysis processes with the aim of reducing cycle time and improving quality of the management reporting processes.
  • Analyzes and explains variances between forecasts vs actual financial results, investigates discrepancies by partnering with different teams to understand and address underlying issues.
  • Analyzes historical financial data and industry trends to support budgeting decisions and assesses the financial implications of strategic initiatives while providing recommendations.
  • Identifies key performance indicators (KPIs) for monitoring and financial reporting. Evaluates the financial performance of different insurance business segments and products and communicates data driven insights and improvements to stakeholders.
  • Develops ad hoc financial analyses for management and business as required and assists in financial planning projects as requested by stakeholders.
  • Identifies opportunities for cost optimization and efficiency improvements and collaborates with cross functional teams to implement cost-saving measures.
Work Experience And Education
  • Bachelor’s degree required, Business Administration, Finance and Accounting preferred. Any other related discipline or commensurate work experience considered.
  • Minimum of 1 year of experience in financial planning and analysis is preferred.
Licenses & Certifications
  • Certified Financial Planner (CFP), Chartered Financial Analyst (CFA) is preferred.
Skills
Technical/Functional Skills:
  • Accounting
  • Business Intelligence (BI) Reporting Tools
  • Financial Planning
  • Knowledge of GAAP (Generally Accepted Accounting Principles)
  • Financial Modelling
  • Financial Analysis and Reporting
  • Insurance Industry Knowledge
  • Knowledge of Financial Lines Products
  • Microsoft Office
Behavioral Skills
  • Attention to Detail
  • Analytical Thinking
  • Time Management
  • Business Relationship Management
  • Effective Communication
Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.
How We Support Our Teammates
Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.
The target salary range for this position is $88,000.00 - $110,000.00 annually.
The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at
The above is intended to describe this job's general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management's right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.

Seniority level

  • Seniority level

    Mid-Senior level

Employment type

  • Employment type

    Full-time

Job function

  • Job function

    Finance and Sales

  • Industries

    Insurance

Referrals increase your chances of interviewing at Ryan Specialty by 2x

Sign in to set job alerts for “Senior Financial Planning Analyst” roles.

Strategic Financial Planning & Analysis Senior Associate (Remote)

Strategic Financial Planning and Analysis Associate (Remote)

Chicago, IL $75,700.00-$94,620.00 1 week ago

Greater Chicago Area $220,000.00-$250,000.00 3 weeks ago

Chicago, IL $200,000.00-$250,000.00 2 weeks ago

Chicago, IL $120,000.00-$150,000.00 1 day ago

Chicago, IL $120,000.00-$130,000.00 1 week ago

Chicago, IL $152,000.00-$162,000.00 2 weeks ago

Senior Finance Manager - Fixed Costs, Americas

Chicago, IL $107,000.00-$128,000.00 1 month ago

Financial Planning and Analysis (“FP&A”) Associate

Finance Manager, Revenue Growth Management

Chicago, IL $102,100.00-$127,600.00 5 days ago

Chicago, IL $152,000.00-$162,000.00 2 weeks ago

Northbrook, IL $68,000.00-$100,000.00 1 week ago

Chicago, IL $116,000.00-$216,000.00 4 days ago

Chicago, IL $130,000.00-$150,000.00 1 month ago

Sr Associate, Investment Controlling - Construction FP&A

Chicago, IL $98,000.00-$147,000.00 1 week ago

Finance Manager, Amazon Grocery Logistics - FP&A

Chicago, IL $85,900.00-$179,500.00 2 days ago

Vice President, Financial Planning & Analysis – Management Company Accounting

Chicago, IL $118,400.00-$148,000.00 5 days ago

Northbrook, IL $46,988.00-$112,200.00 4 days ago

Chicago, IL $140,000.00-$150,000.00 6 days ago

Chicago, IL $120,000.00-$150,000.00 1 week ago

Financial Analysis Vice President - Finance & Business Management

Oak Brook, IL $90,000.00-$105,000.00 3 days ago

Chicago, IL $110,000.00-$125,000.00 4 days ago

Chicago, IL $100,000.00-$115,000.00 1 week ago

Chicago, IL $130,000.00-$150,000.00 1 week ago

Chicago, IL $120,000.00-$121,000.00 1 month ago

We’re unlocking community knowledge in a new way. Experts add insights directly into each article, started with the help of AI.

#J-18808-Ljbffr