Financial Analyst I (Hybrid in Worcester, MA)

For more than 170 years, The Hanover has been committed to delivering on our promises and being there when it matters the most. We live our values every day, demonstrating we CARE through our values, Sustainability initiatives and inclusive corporate culture.

Our Financial Analyst and Planning team is currently seeking a Financial Analyst I in our Worcester, MA location. This is a full-time, exempt role. Position is eligible for a Hybrid/Flex work arrangement.

POSITION OVERVIEW:

Develops, interprets, and implements complex financial and accounting concepts, or techniques for financial planning and control, by performing the following duties:

• 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.

IN THIS ROLE, YOU WILL:

• Under supervision, performs work that is varied and that may be somewhat difficult in nature, but usually involves limited responsibility.

• Minimal administrative duties.

• Some evaluation, originality or ingenuity is required.

WHAT YOU NEED TO APPLY:

• 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.

Physical Demands and Work Environment:

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

This job posting provides cursory examples of some of the job duties associated with this position. The examples provided are not complete, and the position may entail other essential and job-related functions and responsibilities that employees will be required to perform.

CAREER DEVELOPMENT:

It’s not just a job, it’s a career, and we are here to support you every step of the way. We want you to be successful and fulfilled. Through on-the-job experiences, personalized coaching and our robust learning and development programs, we encourage you – at every level – to grow and develop.

BENEFITS:

We offer comprehensive benefits to help you be healthy, build financial security, and balance work and home life. At The Hanover, you’ll enjoy what you do and have the support you need to succeed.

Benefits include:

• 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)

• Click here for the full list of Benefits

EEO statement:

The Hanover values diversity in the workplace and among our customers. The company provides equal opportunity for employment and promotion to all qualified employees and applicants on the basis of experience, training, education, and ability to do the available work without regard to race, religion, color, age, sex/gender, sexual orientation, national origin, gender identity, disability, marital status, veteran status, genetic information, ancestry or any other status protected by law.

Furthermore, The Hanover Insurance Group is committed to providing an equal opportunity workplace that is free of discrimination and harassment based on national origin, race, color, religion, gender, ancestry, age, sexual orientation, gender identity, disability, marital status, veteran status, genetic information or any other status protected by law.”

As an equal opportunity employer, Hanover does not discriminate against qualified individuals with disabilities. Individuals with disabilities who wish to request a reasonable accommodation to participate in the job application or interview process, or to perform essential job functions, should contact us at:HRServices@hanover.com and include the link of the job posting in which you are interested.

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Compensation:

The target hiring range for this role may vary based on geographic location and other factors, including merit or performance, demonstrated proficiency, skills for the role, education, travel requirements, and experience. Additional compensation may include an annual bonus (which could take the form of a general bonus, sales incentive, or short-term incentive), long-term incentive or spot recognition awards. The posted range reflects our ability to hire at different position titles and levels depending on background and experience.