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Insurance Financial Analyst Jobs in Rochester, NY

Program Financial Analyst Job Code: 42675 Job Location: Rochester, NY Job Schedule: 9/80 (Every ... L3Harris also offers a variety of benefits, including health and disability insurance, 401(k) match ...

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 ...

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 ...

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 ...

Rev Cycle Performance Analyst

Fairport, NY ยท 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 ...

Rev Cycle Performance Analyst

Fairport, NY ยท 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 ...

AVP, Planning and Analysis

Rochester, NY ยท On-site

$140 - $176/hr

Summary: The AVP of FP&A will serve as a strategic finance leader, responsible for translating ... Insurance, wealth management, financial services, distribution, or advisory industry experience ...

... and Insurance Planning. Advantages of contracting with us: * You'll be able to choose which ... Proficient in financial analysis, financial modeling, data analysis, and other reasoning exercises ...

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Showing results 1-20

Insurance Financial Analyst information

See Rochester, NY salary details

$38K

$86.9K

$116.4K

How much do insurance financial analyst jobs pay per year?

As of Aug 29, 2026, the average yearly pay for insurance financial analyst in Rochester, NY is $86,936.00, according to ZipRecruiter salary data. Most workers in this role earn between $69,100.00 and $109,000.00 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 Rochester, NY?

For Insurance Financial Analyst jobs in Rochester, NY, the most frequently searched job titles 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:

Infographic showing various Insurance Financial Analyst job openings in Rochester, NY as of August 2026, with employment types broken down into 1% As Needed, 68% Full Time, 23% Part Time, and 8% Contract. Highlights an 85% Physical, 1% Hybrid, and 14% Remote job distribution, with an average salary of $86,936 per year, or $41.8 per hour.

Senior Financial Analyst-USA-EX

Rochester, NY โ€ข On-site

$95 - $140/hr

Other

Posted 11 days ago


Job description

Join Starr, a global leader in commercial insurance with over a century of expertise. We empower our employees to innovate, make impactful decisions, and build lasting client relationships worldwide. At Starr, you'll work in an entrepreneurial culture alongside accessible leaders, leveraging our financial strength and vast industry experience to deliver solutions for our clients, no matter how complex. Grow your career with a rapidly growing company that invests in its people and their ability to drive real progress.

The Sr Financial Analyst will serve as a key strategic advisor to several business units within the Casualty business unit. They will provide support that includes, but it not limited to, the following: providing forward-looking financial analysis, influencing decision-making, and shaping the financial direction of the business. The role play a central role in tracking and communicating actual financial performance, financial planning and forecasting, and performance optimization. Our preference is for this position to be located in our New York or Chicago.

Key Responsibilities
  • Direct and develop financial analysis, insights, planning and forecasting
  • Utilize Power BI and other tools to develop a balance scorecard of KPIs for measuring and improving BU performance.
  • Ensure the integrity of accounting records and financial management reports and manage the BUs Internal Control Framework activities
  • Identify, develop, and expand business opportunities and long-term strategic relationships
  • Prepare and manage business and performance reviews from the Finance perspective on behalf of the Casualty Business Unit
  • Provide business insight and recommended actions to address Plan gaps
  • Assist in the development and lead the process for annual financial plans, including, but not limited to, reserve analyses, direct expense budgets and SSU service levels and allocations
  • Works with management and executives on a daily basis
Preferred Qualifications
  • Excellent finance and accounting skills with a command of insurance financial statements (i.e., income, balance sheet and cash flow) and financial and risk-adjusted return metrics.
  • Preference for strong understanding of U.S. Statutory Financial Accounting, U.S. GAAP, reporting standards.
  • Commercial Insurance experience.
  • Strong relationship building skills at all levels with demonstrated ability to influence and engage stakeholders
  • Knowledge of business models, objectives, financial metrics, etc. used in decision-making; ability to build sound business cases to support innovative initiatives
  • Solid understanding of insurance business models and the companyโ€™s market and business environment and how it impacts business decisions
  • Ability to identify improvement needs and drive improvements
  • Insurance industry experience
  • Detail oriented, strong prioritization and organizational skills
  • Strong verbal and written communication skills
  • Advanced degree in finance, economics or equivalent CPA, a plus

Starr is an equal opportunity employer, which means we'll consider all suitably qualified applicants regardless of gender identity or expression, ethnic origin, nationality, religion or beliefs, age, sexual orientation, disability status or any other protected characteristic.

We recruit and develop our people based on merit and we're committed to creating an inclusive environment for all employees.

We offer first class training and development opportunities to all employees. Our aim is to grow our own talent and bring out the best in people.

Starr is a global insurance and investment organization providing property and casualty insurance solutions to business and industry, and one of the fastest-growing insurance companies in the world. Our talented and experienced associates manage risk and ultimately support the profitable growth of organizations in a dynamic, competitive and ever-changing marketplace. Join us and become part of our talented and passionate workforce. https://starr.com/About/Careers

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