M Financial Group is a community of leaders comprising the best and brightest minds in our industry. By combining individuals’ expertise and skill, M Financial Group has become a powerful force committed to advancing the interests of our industry, communities, and clients for over 40 years. M’s solutions are rooted in the diverse expertise of our team, our collaborative approach to innovation and our comprehensive support.
We embrace a progressive, dynamic mindset for every role. M Financial Group provides a professional community that actively supports individuals with diverse backgrounds and perspectives who come together to build and support best-in-class solutions. If you’re looking to be a part of a high performing, collaborative, and dedicated team, M Financial Group is in search of our next Sr. Financial Analyst to join our team.
This position is responsible for financial analysis of corporate owned life insurance (COLI) products and nonqualified employee benefit plans for potential new and existing corporate clients.
Project Management/Case Development
- Identify information needed to develop client ready presentations using financial analyses based on COLI and other investment based products
- Prepare proposals for COLI and executive benefits marketing to for-profit and nonprofit corporations
- Provide support to Member Firms and Marketers, including analysis and technical solutions, in the design of executive benefit plans and COLI financing strategies
- Use a variety of software programs to create COLI illustrations and financial exhibits to project earnings, cash flows, yields, and internal rates of return of COLI
- Complete analysis of COLI illustrations, making recommendations regarding plan design, insurance carrier selection, product selection and configuration to maximize COLI and benefit performance within applicable constraints
- Coordinate work from other departments (Actuarial, Publications, Client Administration) to complete marketing proposals
- Ability to review, mentor and coach junior Financial Analysts
- Review, assess, and summarize COLI-based solutions and make recommendations to stakeholders based on the financial analyses compiled
- Experience modeling and analyzing insurance company owned life insurance (ICOLI) a plus
- Perform other duties as assigned
QUALIFICATIONS
- Bachelor’s degree in Finance, Accounting, Economics, Business, Math, or related area
- Minimum of seven to ten years of related work experience in actuarial, accounting, finance or insurance environment with demonstrated ability to progressively assume increased responsibility
- Strong project management skills
- Life Insurance and securities licenses are a plus (must be able to obtain within 6 months of employment)
- Deep understanding of mathematical analysis and terms
- Strong attention to detail, analytical and project management skills
- Well-developed computer skills, including the use of the internet and Microsoft Word, Excel, and PowerPoint
- Ability to establish and maintain effective working relationships with M Team members, carriers, Member Firms, and Marketers
- Excellent problem-solving skills as well as ability to exercise independent judgment and make decisions
- Excellent oral and written communication skills
- Ability to work independently, demonstrating initiative, drive, orientation to goal accomplishment, attention to detail and organization skills
COMPENSATION AND BENEFITS
Salary will be commensurate with relevant experience, knowledge, and skills.
You will also be eligible for an annual incentive plan bonus.
M Financial offers a comprehensive benefits package, including:
- Medical/Vision Insurance
- Dental Insurance
- Short-Term and Long-Term Disability Insurance
- Life Insurance
- Modern Health (Mental Health Therapy and Coaching)
- Empathy (Bereavement Support)
- Employee Assistance Program
- FSA (Health and Dependent Care)
- HSA (for qualified medical plan)
- Long-Term Care Insurance
- 401(k) Match
- Tuition Assistance
JOB CONDITIONS AND ENVIRONMENT
- Normal office environment/desk assignment and/or work from home
- Extensive close work with documents, spreadsheets, and presentation materials
- Extensive use of PC’s, computer terminal, display, keyboard, and mouse
This position description is not intended to be and should not be construed as an all-inclusive list of responsibilities, skills or working conditions associated with this position. While this description is intended to accurately reflect the position’s activities and requirements, management reserves the right to modify, add or remove duties as necessary.
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