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Associate Financial Operations Analyst

Cheshire, Connecticut (Hybrid)

Position Overview

Reporting to the Manager of Financial Operations, this role supports key operational functions across Accounts Receivable, Treasury, and Compliance within the insurance industry.The Financial Operations Analyst will be working closely with the Accounts Receivable Specialist and Senior Treasury Analyst to perform daily and monthly processes while gaining exposure to accounts receivable, treasury, banking operations and compliance. In addition, this role focuses on problem-solving, financial analysis, and driving operational efficiency.

Essential Functions

  • Prepare and post journal entries to the General Ledger.
  • Perform daily and monthly account reconciliations and support month-end close activities.
  • Analyze and reconcile intercompany balances across multiple legal entities and assist with weekly intercompany premium settlements.
  • Support daily banking operations, liquidity transfers, bank reconciliations, and treasury activities.
  • Assist with premium tax filings, compliance reporting, and documentation requirements.
  • Support banking and insurance systems implementations, enhancements, testing, and process improvement initiatives.
  • Collaborate with cross-functional teams to identify process improvements and resolve financial discrepancies.
  • Serve as operational backup for critical Accounts Receivable, Treasury and Compliance functions.
  • Conduct financial research and analysis to investigate operational discrepancies, resolve exceptions, and support informed business decisions across Accounts Receivable, Treasury, and Compliance.
  • Perform Ad hoc financial analysis, operational projects, and process improvement initiatives as business needs arise.
  • Demonstrate flexibility, initiative, and the ability to quickly learn and contribute across multiple areas of Financial Operations.

Job Requirements

  • Bachelor’s degree in finance or accounting, required
  • 0-1+ years of relevant experience, preferred
  • Proficiency in Microsoft excel and Microsoft Office
  • Excellent communication and collaboration skills
  • Strong attention to detail and commitment to accuracy

Work Environment and Physical Demands

  • Inside climate-controlled office building
  • Prolonged sitting and using a PC
  • <10% Travel
  • Ability to lift 25lbs

Please note this job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this job. Duties, responsibilities, and activities may change at any time with or without notice.

Department Overview

The Finance Team aligns best practice financial concepts and intended outcomes to the benefit and regulation of the HAI Group enterprise, Board of Directors and Strategic Committee. The source of financial decisions, the Finance Team builds partnerships across the enterprise and are seen as value added business partners providing advice and counsel. It is a cohesive team that values honest and open communication. A shared services department, the team produces actions for the successful business outcomes with internal constituents and with banks, brokers and re-insurers using critical thinking and complex problem-solving techniques.  Empowered to take time to make the right decision, the Finance Team is committed to open, honest communications to all business partners.

Company Overview

 HAI Group®[1],  is the nation’s leading property-casualty insurance company founded by and dedicated to affordable housing organizations. While we are recognized as a pioneer of affordable housing insurance programs, insurance is not our only strength. We protect, preserve, and promote the sustainability of affordable housing with an array of products and services that support the challenges housing organizations face. Besides insurance, we offer risk management services, online training, and consulting services used by more than 1,500 housing organizations nationwide. Headquartered in Cheshire, Connecticut, HAI Group® was recognized as a Top Workplace from 2020-2025.

Cultural Objective

HAI Group contributes to a culture that creates a safe and healthy working environment and a space of inclusiveness and belonging for all by: exceeding our customers’ expectations, working collaboratively across the organization, embracing diversity, and demonstrating mutual respect and empathy.

HAI Group Benefits and Perks

  • Bonus program eligibility
  • Annual merit program
  • Outstanding 401(k) program and non-elective contribution
  • Flexible work schedules
  • Generous paid time off, paid volunteer days and paid holidays
  • Medical, vision and dental Insurance 
  • Company paid life, AD&D, short-term disability, and long-term disability coverage
  • HSA, FSA and dependent care options
  • On-Site wellness: Full gym and locker rooms, wellness initiatives, outdoor basketball and tennis court, picnic pavilion area
  • Tuition reimbursement and loan repayment
  • Professional development 
  • Community outreach 

 

HAI Group is an Equal Opportunity Employer.


HARRG Inc., reserves the right to fill this position at a level above or below the level included in this posting.

No agency submissions please. Resumes submitted to any HAI Group employee without a current, signed, and valid contract in place with the HAI Group Recruiting team for this position will become the property of HAI Group and no agency fees will be paid.

HAI Group's Notice of Collection of Personal Information: https://resources.haigroup.com/hubfs/2023-HAI-Notice-of-Collection-Employees_1099_Applicants.pdf

 

[1] HAI Group® is a marketing name used to refer to insurers, a producer, and related service providers affiliated through a common mission, management, and governance. Property-casualty insurance and related services are written or provided by Housing Authority Risk Retention Group, Inc.; Housing Authority Property Insurance, A Mutual Company; Housing Enterprise Insurance Company, Inc.; Housing Specialty Insurance Company, Inc.; Innovative Housing Insurance Company Inc.; Housing Investment Group, Inc.; and Housing Insurance Services, Inc. (DBA Housing Insurance Agency Services, Inc. in NY and MI).

 

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