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Insurance Financial Analyst Jobs in Michigan (NOW HIRING)

FINANCIAL ANALYST Employment Type: Full Time, Onsite in a corporate office environment Benefits ... Supplemental Life Insurance, Critical Illness, Accident Coverage, & Pet Insurance Department:

FINANCIAL ANALYST Employment Type: Full Time, Onsite in a corporate office environment Benefits ... Supplemental Life Insurance, Critical Illness, Accident Coverage, & Pet Insurance Department:

We are seeking a Financial Analyst to join the team. This role will focus on cost estimating ... Medical, dental, and vision insurance * 401(k) with 3% company match

As a successful Financial Analyst, you will: * Conduct comprehensive underwriting and due diligence ... Life insurance * Generous paid time off (PTO) and holidays * Flexible spending accounts (FSA ...

As a successful Financial Analyst, you will: * Conduct comprehensive underwriting and due diligence ... Life insurance * Generous paid time off (PTO) and holidays * Flexible spending accounts (FSA ...

Financial Analyst #1061099 The energy at our company is contagious. We're driven by our immense ... Life Insurance (100% paid) * 401(k) with immediate vesting and 3% (of salary) dollar-for-dollar ...

... Insurance, Employee Assistance Program, Employee Wellness Program, Life Insurance, Tuition ... analyzing our manufacturing costs to support accurate financial reporting and business decision ...

... Insurance, Employee Assistance Program, Employee Wellness Program, Life Insurance, Tuition ... analyzing our manufacturing costs to support accurate financial reporting and business decision ...

Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability ... What we're looking for Financial Analyst: * Education: Bachelor's Degree in Accounting or Finance

Life, accident, critical illness, hospital indemnity insurance, short- and long-term disability ... What we're looking for Financial Analyst: * Education: Bachelor's Degree in Accounting or Finance

FINANCIAL ANALYST Employment Type: Full Time, Onsite in a corporate office environment Benefits ... Supplemental Life Insurance, Critical Illness, Accident Coverage, & Pet Insurance Department:

Analyze daily, weekly, and monthly financial results, forecasts, and key performance indicators ... An employer contribution, even if you don't contribute Income Protection & Insurance Options ...

Job Title Financial Specialist, Personal Lines Insurance FP&A - Remote Requisition Number R7946 Financial Specialist, Personal Lines Insurance FP&A - Remote (Open) Location Ohio - Home Teleworkers ...

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Showing results 1-20

Insurance Financial Analyst information

See Michigan salary details

$33.6K

$76.8K

$102.8K

How much do insurance financial analyst jobs pay per year?

As of Aug 27, 2026, the average yearly pay for insurance financial analyst in Michigan is $76,797.00, according to ZipRecruiter salary data. Most workers in this role earn between $61,000.00 and $96,300.00 per year, depending on experience, location, and employer.

What does an insurance financial analyst do?

An Insurance Financial Analyst is responsible for evaluating the financial performance and stability of insurance companies or insurance portfolios. They analyze financial statements, review investment strategies, assess risks, and help ensure regulatory compliance. Their insights assist in strategic planning, profitability forecasting, and maintaining the fiscal health of the organization. They often work closely with actuaries, underwriters, and management to provide data-driven recommendations.

What are the key skills and qualifications needed to thrive as an insurance financial analyst?

To thrive as an Insurance Financial Analyst, you need strong analytical skills, a solid background in finance or accounting, and typically a bachelor's degree in a related field. Proficiency with financial modeling tools, Excel, and insurance-specific software such as SAS or actuarial systems, as well as relevant certifications like CFA or CPA, is highly valued. Excellent communication, problem-solving abilities, and attention to detail are crucial soft skills for interpreting data and presenting insights. These competencies are essential for accurately assessing risk, guiding financial decisions, and ensuring regulatory compliance within insurance organizations.

What are the most common challenges faced by insurance financial analysts when forecasting future claims and liabilities?

Insurance Financial Analysts often encounter challenges in forecasting due to the complexity and unpredictability of claims data, changing regulations, and evolving market conditions. Accurately estimating future liabilities requires strong analytical skills and close attention to detail, especially when working with large datasets and actuarial models. Analysts regularly collaborate with underwriting, actuarial, and risk management teams to gather reliable information and refine projections, making communication and teamwork essential in overcoming these challenges.

What is the difference between Insurance Financial Analyst vs Actuary?

AspectInsurance Financial AnalystActuary
Required CredentialsBachelor's degree, often in finance, economics, or related fields; certifications like CFA or CPCUBachelor's degree in mathematics, statistics, or actuarial science; professional actuarial exams and credentials (e.g., ASA, FSA)
Work EnvironmentInsurance companies, financial firms, consulting firms; focus on financial analysis and reportingInsurance companies, consulting firms; focus on risk assessment and pricing
Industry UsageCommonly employed in insurance and financial sectors for financial planning and analysisPrimarily in insurance, pension, and risk management sectors for actuarial modeling

While both roles involve financial analysis within the insurance industry, Insurance Financial Analysts focus on financial reporting and planning, whereas Actuaries specialize in risk assessment and pricing through advanced mathematical modeling. Both careers require strong analytical skills and relevant certifications, but their core responsibilities differ significantly.

What are popular job titles related to Insurance Financial Analyst jobs in Michigan?

For Insurance Financial Analyst jobs in Michigan, the most frequently searched job titles are:

What job categories do people searching Insurance Financial Analyst jobs in Michigan look for?

The top searched job categories for Insurance Financial Analyst jobs in Michigan are:

Infographic showing various Insurance Financial Analyst job openings in Michigan as of August 2026, with employment types broken down into 100% Full Time. Highlights an 100% In-person job distribution, with an average salary of $76,797 per year, or $36.9 per hour.

Financial Analyst

Kalamazoo, MI โ€ข On-site

Arbor Financial Credit Union
Commercial Bankingย โ€ขย 51 - 200 employees

$54K/yr

Full-time

Medical, Dental, Vision, Life, Retirement, PTO

Posted 13 days ago


Job description

Description:

Financial Analyst Benefit Highlights

  • Hybrid work schedule
  • Paid vacation, personal, sick, holiday, volunteer & birthday time off
  • 401(k) with 6% match and 4% profit-sharing contribution
  • Top-notch health insurance, dental, and vision
  • HSA, Flexible spending plans, life insurance, and short-term/long-term disability coverage

Starting Wage: $54,512/year, based on experience

Location: Kalamazoo, MI


About The Role

The Financial Analyst helps drive Arbor's financial success by transforming complex financial and statistical data into actionable recommendations that support growth, profitability, and strategic initiatives. This role collaborates with leaders, departments, and external partners to position the credit union for long-term success while enhancing the financial wellbeing of our members.


Where You’re Headed

Grow right where you are – opportunities for promotion to Senior Financial Analyst are available. You’ll also build valuable experience that can open doors to future leadership roles in Payment Systems, Card Services, or Accounting. 


What You’ll Do

  • Analyze financial, statistical, and industry data to identify trends, develop forecasts, and provide recommendations that support strategic decision-making
  • Prepare and maintain financial analyses, budgets, and recurring reports/processes
  • Monitor and support the credit union's asset liability management, investment portfolio, liquidity, and overall financial performance
  • Conduct financial modeling, ratio analysis, what-if analyses, and competitive market research to help guide pricing and business decisions
  • Present financial insights, findings, and recommendations to leadership
  • Partner with internal departments (including cross-functional initiatives), vendors, auditors, and external partners 
  • Maintain compliance with applicable regulations, policies, and reporting requirements

Is This You?

  • Bachelor's degree in accounting, finance, or related field, or equivalent combination of education and experience 
  • 3+ years finance/accounting-related experience, with strong accounting/finance knowledge
  • Financial services industry experience
  • Ability to synthesize information into clear, concise recommendations
  • Results orientation with strong organization, prioritization, project management, problem solving, and analytical skills
  • Excellent oral and written communication skills
  • Strong interpersonal and relationship-building skills, with ability to effectively manage vendor relationships
  • Professionalism in conduct, communication, and appearance
  • Ability to be bonded
  • Preferred But Not Required: Payment systems and card services knowledge; finance-related professional designation/certification; experience with CECL, ALM, profitability analysis, investment or regulatory reporting

Why Join Arbor?

For over 90 years, Arbor Financial Credit Union has helped members and employees thrive. We’ve built a workplace grounded in our core values: Work Together, Do the Right Thing, Be Creative, and Have Fun. Here, you’ll enjoy meaningful work, growth opportunities, caring teams, and great benefits. Visit our website to discover what makes us exceptional and apply in minutes: www.arborfcu.org/careers.

Requirements: