Financial Analyst I (Hybrid in Worcester, MA)

The Hanover Insurance Group is an insurance company committed to delivering dependable service and maintaining an inclusive workplace. The Financial Analyst I analyzes financial information, develops budgets and forecasts, interprets financial policies and regulations, and provides recommendations to improve profitability and financial performance.

What you'll do:

• 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

What they're looking for:

• * Typically has 0-2 years related experience and Bachelor's Degree or equivalent
• * Knows and applies well the fundamental concepts, practices and procedures of particular field or specialization
• 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

Benefits:

• 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)
• Personalized coaching
• Robust learning and development programs