Senior Financial Program Analyst

Overview

A privately owned organization specializing in the property and casualty program insurance market is seeking a Senior Financial Program Analyst. The company writes approximately $2 billion in premiums through A-rated and managed carriers and has over 100 employees headquartered in Austin, Texas.

Responsibilities

• Support the financial setup, system configuration, and lifecycle management of property and casualty insurance programs.
• Act as a liaison between Data, Underwriting, Insurance Operations Accounting, Financial Business Systems, and Treasury teams to ensure timely and accurate program setup in financial systems such as Duck Creek Reinsurance System and Workday Accounting Center.
• Partner with Insurance Operations Accounting and Treasury to enable downstream financial processes.
• Participate in program discussions to identify potential financial or system impacts early.
• Assist with onboarding new insurance programs and renewals, ensuring appropriate financial structures.
• Configure, maintain, and test program-related terms within financial systems.
• Create additional calculation models and calculation bases in Duck Creek as needed.
• Validate system setups to ensure accounting entries and financial flows operate correctly.
• Document program financial structures, assumptions, and system logic.
• Support credit risk assessments related to reinsurers and Managing General Agents (MGAs) during onboarding and renewals.
• Analyze collateral requirements, including trust account funding and minimum collateral thresholds.
• Coordinate with internal stakeholders to maintain appropriate collateralization.
• Support ongoing program reviews from finance and systems perspectives.
• Identify, document, and escalate setup or structural issues impacting financial reporting or controls.
• Assist with continuous improvement initiatives related to program financial processes, systems, and documentation.

Requirements

• Minimum 5 years of experience in reinsurance accounting, underwriting support, and/or financial systems.
• Bachelor's degree in Finance, Accounting, Economics, Risk Management, or a related field.
• Foundational understanding of accounting principles and financial transactions.
• Exposure to insurance or reinsurance program structures preferred.
• Experience or familiarity with financial or insurance systems such as Workday, Workday Accounting Center, Duck Creek Reinsurance, or similar platforms is a plus.
• Strong analytical skills with high attention to detail and process accuracy.
• Ability to work cross-functionally with both technical and non-technical stakeholders.
• Clear communication skills to translate program structures into financial and system requirements.
• Curious, detail-oriented, solutions-focused mindset with a strong sense of ownership and accountability.
• Willingness to learn and grow within a developing function.

Location

• This position is based in Austin, Texas.
• The role operates within a hybrid work model.

Compensation & Benefits

• Not specified in the original description.