Jobs · Sales · New Jersey

Strategic Planning Analyst (Hybrid)

Selective Insurance · Short Hills, NJ · Yesterday
On-siteSales$76k/yrFull-time

At Selective, we don't just insure uniquely, we employ uniqueness. Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2025 and certification as a Great Place to Work® in 2025 for the sixth consecutive year. Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.

About the role

Responsible for playing a key role in supporting the development, preparation, and administration of the Corporate Commercial Operations reporting monthly/quarterly operational and all financial performance metrics, as well as assisting with the annual planning process. Understands the business needs of the Insurance Operations Unit and partners with other areas (Actuarial, Financial Planning, BSU, etc.) to support those needs. Responsible for the accurate, timely, and relevant business analysis of special projects (e.g., headcount reporting, staffing model development, process improvement surveys, productivity models). All job duties and responsibilities must be carried out in compliance with applicable legal and regulatory requirements.

Responsibilities

  • Works with Commercial Lines Operations Management team to assist with the preparation, analysis, and distribution of the Commercial Lines Operations annual planning process (premium plans, territory reviews, and operational expense management) and conducts tracking and variance analysis when appropriate.
  • Acts as a liaison with Actuarial, Financial Planning, Business Intelligence, BSU, and other units in the coordination and monitoring of special projects (e.g., UW Incentive Plans, Business Objectives, Matrix, AMS Contest) for Commercial Lines Operations.
  • Partners with business and functional leaders to identify and communicate key strategies, initiatives, opportunities, metrics, and goals (short-term/long-term) that effectively drive and improve business performance. Assists with the creation of resources to monitor and track results.
  • Supports business leaders' efforts to improve performance by partnering in the creation of Statement of Work templates and other projections utilized by the Field to increase revenue and/or reduce costs.
  • Establishes a strong relationship with Insurance Operations Management, Actuarial, Financial Planning, BSU, and peers.
  • Partners with the Management team to develop, design, and prepare documentation to support monthly and quarterly business requirements (e.g., Regional Scorecard/Commercial Lines Scorecards). Continually evaluates processes for ways to automate or improve.
  • Designs and conducts other complex ad-hoc analysis in support of key business objectives, as necessary.

Requirements

  • An understanding of financial and accounting concepts and modeling techniques.
  • Strong financial aptitude and acumen.
  • Ability to identify, interpret, and translate business analytics into successful and profitable business strategies.
  • Demonstrated ability to analyze problems, probe facts, identify and question assumptions, and analyze issues from different perspectives.
  • Good customer service, networking, and relationship-building skills.
  • Highly motivated self-starter with an ability to effectively manage a range of projects in an environment with changing priorities.
  • Exhibits flexibility working in a fast-paced environment requiring quick response.
  • Detail-oriented.
  • Ability to design, build, and manage financial models.
  • Strong PC skills (e.g., Excel, Access, macros, lookup formulas, pivot tables).

Qualifications

  • College degree in Accounting and/or Finance preferred.
  • 3+ years of experience in the insurance industry analyzing business needs, industry trends, and best practices.
  • 3+ years of experience in budgeting and planning.
  • 1+ years of experience assisting with the implementation of projects.

Benefits

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include:

  • Comprehensive health care plans.
  • Retirement savings plan with company match.
  • Discounted Employee Stock Purchase Program.
  • Tuition assistance and reimbursement programs.
  • 20 days of paid time off.

Pay

USD $76,000.00 – USD $98,000.00 per year. The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

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