Senior Financial Analyst

For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, ESG initiatives and IDE journey.

Our Finance team is currently seeking a Senior Financial Analyst in our Worcester, MA location. Position is eligible for Hybrid work arrangement. This is a full time, exempt role.

POSITION OVERVIEW:

• Develops, interprets, and implements complex financial and accounting concepts, or techniques for financial planning and control, by performing the following duties.
• Conducts special studies to analyze complex financial actions and prepares recommendations for policy, procedure, control, or action.
• Provides interpretation of financial policies, governmental legislation, accounting theory, or customer financial regulations.
• Analyzes financial information to determine present and future financial performance.
• Identifies trends and recommends improvements accordingly.
• Evaluates complex profit plans, operating records, and financial statements.
• Directs preparation of studies, reports, and analyses in areas such as budgets, forecasts, financial plans, governmental requirements, statistical reports, cash flow projections, and business forecasts.
• Interprets and applies corporate financial policies, government legislation, and accounting theory.
• Establishes databases of pertinent information for use in analyzing future plans and forecasts.
• Makes recommendations to management regarding cost saving or profit generating opportunities and profitability improvement strategies.
• Coordinates with all levels of management to gather, analyze, summarize, and prepare recommendations regarding financial plans, acquisition activity, new business planning, trended future requirements, government requirements, and operating forecasts.
• Researches and prepares economic reports on subjects such as rate of return, depreciation, working capital requirements, investment opportunities, investment performance, and impact of governmental requirements.
• Assists organization's controller in the development of the budget, planning, and other corporate financial requirements.

IN THIS ROLE, YOU WILL:

• Within established guidelines, plans, conducts and may supervise assignments.
• Reviews progress and evaluates results.
• May train less experienced employees in technical complexities of assigned work.
• Recommends changes in procedures.
• Operates with substantial latitude for un-reviewed action or decision.
• Reviews progress with management.
• May be assigned to one or more larger projects and be accountable for reporting on project status. 

WHAT YOU NEED TO APPLY:

• Typically has 4-6 years professional experience.
• Bachelor's degree or equivalent experience.
• Higher level degree may be desired.

Physical Demands and Work Environment:

• Able to use a personal computer and other standard office equipment
• Able to work in a fast paced or stressful environment
• Able to travel as necessary
• Able to sit and/or stand for extended periods (75%-90%, as appropriate)
• Required to work on-site
• Able to work cooperatively

This job posting provides cursory examples of some of the job duties associated with this position.  The examples provided are not complete, and the position may entail other essential and job-related functions and responsibilities that employees will be required to perform. 

CAREER DEVELOPMENT:

It’s not just a job, it’s a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you – at every level – to grow and develop.

BENEFITS:

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.

Benefits include:

• Medical, dental, vision, life, and disability insurance
• 401K with a company match
• Tuition reimbursement
• PTO
• Company paid holidays
• Flexible work arrangements
• Cultural Awareness Day in support of IDE
• On-site medical/wellness center (Worcester only)
• Click here for the full list of Benefits

EEO statement:

The Hanover values diversity in the workplace and among our customers.  The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.  

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.” 

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities.  Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at: HRServices@hanover.com and include the link of the job posting in which you are interested.

Privacy Policy:

To view our privacy policy and online privacy statement, click here.  

Applicants who are California residents: To see the types of information we may collect from applicants and employees and how we use it, please click here.