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Insurance Financial Analyst Jobs in Rochester, NY

Nortera

Senior Financial Analyst

Brockport, NY

$80K - $85K/yr

Group Health Insurance program w/HSA or FSA * Dental/Vision Insurance and several supplemental ... Lead financial budgeting, forecasting, reporting, and performance analysis to support business ...

ELS

Senior Financial Reporting Analyst

Rochester, NY · Hybrid

$78K - $113K/yr

The Senior Financial Reporting & Systems Analyst serves as a key technical and analytical leader within the Financial Reporting function of a large, federally insured credit union. This role owns the ...

RadNet

Payment Recon Analyst

Fairport, NY

$20 - $23/hr

When you join RadNet as Payment Reconciliation Analyst , you will be joining a dedicated team of ... Daily reconciliation/recording of insurance and patient bank deposits to payment posting batches.

RadNet

Rev Cycle Performance Analyst

Fairport, NY

$60K - $70K/yr

Interpret basic revenue cycle and financial data. Maintain databases and templates ensuring data ... Minimum 3 years Health insurer industry experience, with business knowledge of benefits, claim ...

RadNet

Rev Cycle Performance Analyst

Fairport, NY

$60K - $70K/yr

Interpret basic revenue cycle and financial data. Maintain databases and templates ensuring data ... Minimum 3 years Health insurer industry experience, with business knowledge of benefits, claim ...

RadNet

Rev Cycle Performance Analyst

Fairport, NY · On-site

$60K - $70K/yr

Interpret basic revenue cycle and financial data. Maintain databases and templates ensuring data ... Minimum 3 years Health insurer industry experience, with business knowledge of benefits, claim ...

RadNet

Rev Cycle Performance Analyst

Fairport, NY

$60K - $70K/yr

Interpret basic revenue cycle and financial data. Maintain databases and templates ensuring data ... Minimum 3 years Health insurer industry experience, with business knowledge of benefits, claim ...

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All JobsInsurance Financial Analyst JobsInsurance Financial Analyst Jobs in Rochester, NY

Insurance Financial Analyst information

See Rochester, NY salary details

$38K

$87K

$116.5K

How much do insurance financial analyst jobs pay per year?

As of Jun 23, 2026, the average yearly pay for insurance financial analyst in Rochester, NY is $86,975.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,100.00 and $109,100.00 per year, depending on experience, location, and employer.

What's the highest paying job in insurance?

In insurance, executive roles such as Chief Actuary, Chief Underwriting Officer, or Chief Risk Officer tend to be the highest paying positions, often earning six-figure salaries or more. These roles require extensive experience, advanced certifications like FCAS or FCIA, and strong leadership skills within large organizations.

Is a financial analyst a high paying job?

A financial analyst, including those working in insurance, typically earns a competitive salary that varies by experience, location, and industry. Entry-level positions may have lower pay, while experienced analysts with certifications like CFA can earn higher salaries, often supplemented by bonuses and benefits.

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 are the key skills and qualifications needed to thrive as an Insurance Financial Analyst, and why are they important?

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 does a financial analyst do in insurance?

An insurance financial analyst evaluates the financial performance of insurance companies, assesses risk exposure, and develops models to forecast future financial outcomes. They analyze data using tools like Excel and actuarial software, and often require certifications such as CFA or actuarial credentials to perform their duties effectively.

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.

Is FP&A an entry level job?

Financial Planning and Analysis (FP&A) roles are often entry-level positions, especially for those with a bachelor's degree in finance, accounting, or related fields. However, some companies require prior experience or specific skills such as Excel proficiency and financial modeling, so the level can vary based on the company's requirements and the complexity of the role.

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 popular job titles related to Insurance Financial Analyst jobs in Rochester, NY? For Insurance Financial Analyst jobs in Rochester, NY, the most frequently searched job titles are:
What job categories do people searching Insurance Financial Analyst jobs in Rochester, NY look for? The top searched job categories for Insurance Financial Analyst jobs in Rochester, NY are:
What cities near Rochester, NY are hiring for Insurance Financial Analyst jobs? Cities near Rochester, NY with the most Insurance Financial Analyst job openings:
Insurance Financial Analyst jobs near you

Senior Financial Analyst

Nortera

Brockport, NY

$80K - $85K/yr

Full-time

Medical, Dental, Vision, Retirement, PTO

Posted 20 days ago

Job description

Joining Nortera means choosing opportunities to grow together!
As North America's leader in ready-to-cook vegetables, we are committed to contributing to the well-being of society by providing access to healthy and sustainable food. Nortera produces major private and retail brands and markets its own brand Arctic Gardens.
Why Choose Nortera:
  • Competitive salary and Annual bonus program
  • Group Health Insurance program w/HSA or FSA
  • Dental/Vision Insurance and several supplemental Insurance options
  • Retirement savings plan with employer contribution
  • Paid Vacation and Paid Holidays
  • Employee Assistance Program
  • Reimbursement for tuition fees and physical activity
  • Referral program
  • An environment that fosters learning and professional development
  • Opportunities to work on inspiring projects in a growing company!

Your Daily Role:
  • Lead financial budgeting, forecasting, reporting, and performance analysis to support business goals.
  • Monitor plant and operational financial results, identifying key risks, opportunities, and variance drivers.
  • Develop and maintain financial models, dashboards, KPIs, and reporting tools to improve decision-making.
  • Partner with production, packaging, accounting, and cross-functional teams to ensure accurate financial data and cost controls.
  • Drive continuous improvement initiatives, process enhancements, and finance transformation projects to increase efficiency and business value.

What qualifications and skills do I need to be successful?
  • Bachelor's degree in Finance, Accounting, Business Administration, or a related field.
  • 5-10 years of Financial Analyst experience with strong business acumen and analytical problem-solving skills.
  • Advanced proficiency in Microsoft Excel and other financial reporting and data analysis tools.
  • Excellent communication, organizational, and time-management skills with the ability to simplify complex financial information for various audiences.
  • Proven ability to manage multiple priorities in a fast-paced environment while collaborating effectively with cross-functional teams and driving results.

Pay Range: $80k to $85k
A link to the full job description can be found here.
We're looking for people like you!
Come grow with Nortera!
Nortera believes in Equal Opportunity for all and is committed to ensuring all individuals, including individuals with disabilities, have an opportunity to apply for those positions that they are interested in and qualify for without regard to race, religion, color, national origin, citizenship, sex, sexual orientation, gender identity, age, veteran status, disability, genetic information, or any other protected characteristic. Nortera is also committed to providing reasonable accommodations to qualified individuals so that an individual can perform their job-related duties. If you are interested in applying for an employment opportunity and require special assistance or an accommodation to apply due to a disability, please contact us at 585-434-0399.
Equal Opportunity Employer/Protected Veterans/Individuals with Disabilities
This employer is required to notify all applicants of their rights pursuant to federal employment laws.
For further information, please review the Know Your Rights notice from the Department of Labor.

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