Claims Finance Analyst

About the role

The Claims Finance Analyst owns the recurring financial reporting for Branch's claims organization. This is the person who takes claims data from raw inputs all the way to a finished, accurate, on-time report, every month and every quarter, and then makes that reporting better over time. You will own a monthly report and a larger quarterly report on claims performance: efficiency metrics, expense components, and the revenue streams tied to claims. You will work across the claims, accounting, actuarial, and data analytics teams to gather what you need, and you will be the person who can explain what the numbers say about how claims is running.

What You'll Do

• Reporting and Ownership

  • Own monthly and quarterly reporting on claims performance, including efficiency metrics, expense components, and revenue streams such as TPA fees, recoveries, subrogation, and salvage.
  • Take reporting from raw data to finished deliverable, on time, accurately, and with the right stakeholders pulled in when data is missing.
  • Identify anomalies in the data and chase them down before they reach the report.

• Analysis and Improvement

  • Conduct detailed analysis of expense components and revenue-generating activities to support accurate, timely financial reporting.
  • Identify trends and patterns in claims data to support decision-making and process improvement.
  • Aid in developing financial models and tools that improve claims analysis and forecasting.
  • Run continuous improvement on the recurring deliverables, including automating manual steps so errors do not recur.

• Collaboration

  • Work closely with the claims, accounting, actuarial, and data analytics teams to gather data on cycle time, processing efficiency, and other KPIs.
  • Present complex information clearly to both technical and non-technical stakeholders.
  • Stay informed on industry practices and regulatory changes that affect reporting.

What We're Looking For

• 2 to 4 years as a financial analyst, data analyst, or in a similar role.
• General analytical experience.
• Insurance experience is not required.
• A track record of owning a recurring reporting process end to end.
• You have taken a monthly or quarterly deliverable from raw data to finished report, met the deadlines, and managed expectations.
• Proficiency in Excel and SQL.
• You can construct and manipulate tables, build a model, and navigate data without hand-holding.
• Familiarity with data visualization tools is a plus.
• A detail-oriented mindset.
• The reporting is large and easy to get wrong, and accuracy is the job.
• Ownership and initiative.
• You move work forward proactively and take responsibility for the quality of what you ship.
• Strong problem-solving.
• You can take an open-ended data or business question and reason through it, working independently and navigating ambiguity.
• Clear communication.
• You can present a finding in a few sentences a non-analyst will understand, and you work well across cross-functional teams.

Why join us at Branch?

• Above-market salary - Branch is a data-driven company, so we do the math on salaries, too. If you get an offer from Branch, you can expect compensation that hits above the mark.
• Pay equity and transparency - Our pay isn’t just market-driven, it’s equitable. We let experience and performance drive your success, never your gender, race, orientation, or beliefs.
• Remote-first (with perks) - Work from where you’re most comfortable. We’ll take care of your work from home set-up and monthly internet. We also have a Columbus headquarters if you’d like to join us in an office.
• Flexible YouTime - We don’t just let you control your own time off. We actually encourage you to use it. After your first year at Branch, we’ll give you $1000 toward your next vacation.
• Employee stock options - You’re not just an employee. If you’re full-time, you’re also a part-owner. You’ll have stock options so you can invest in the company you’re helping to grow.
• Medical, vision, dental - Get all the coverage you need for a healthy, happy life.
• 401k and contribution matching - Invest in your future. Branch helps you get to retirement on time with a portion of your contributions matched each month.