We’re hiring a Manager, Corporate FP&A (Forecasting) in Columbus, OH

The position.
Root is looking for a finance manager with expertise in corporate finance, consumer unit economics, and complex financial modeling. This finance manager will own our financial forecasting process to deliver a trusted source of truth for the organization. Our financial model forecasts the expected business results for the complex entity structure within Root in financial statement format. The lifetime value model evaluates unit economics to drive customer acquisition strategies. The right person will be able to leverage their exceptional quantitative skills to build and maintain a robust forecast. This individual must remain cool under pressure when explaining financial model details and methodology to c-level leadership. 

What you'll do.

  • Provide overall forecasting and modeling leadership including weighing architectural tradeoffs, managing and owning all inputs and outputs, and presenting and defending results to leadership. 
  • Deeply understand, maintain, and improve complex financial models using GAAP and STAT modeling to determine capital needs and evaluate unit economics, while maintaining and performing variance analysis to explain changes.
  • Improve confidence in forecasted metrics through the relentless pursuit of errors, implementation of tests and checks, and continuous dialogue with business experts.
  • Interface with business unit leaders to develop, pressure test, and maintain key forecast assumptions.
  • Develop and execute operational processes to actualize financial forecasts on a monthly cadence, socialize forecast outputs with business units, and engage with engineering and finance systems teams to ensure data integrity and automate processes across multiple systems (e.g. Oracle Smartview/PBCS, internal Data Warehouse, visualization tools).
  • Understand and model reinsurance contracts, evaluate new reinsurance structures, and improve accuracy of forecasted reinsurance cash flows.
  • Develop and execute reproducible scenario and sensitivity analyses on key drivers of growth, profit, and capital to inform decision-making and communicate results in presentations for executive and investor audiences.
  • Foster productive relationships with accounting counterparts to evaluate and implement evolving accounting policies into the forecasting process.
  • Support evolving capital strategy through scenario testing and implementation of complex legal entity structures and associated financial statements into models.
  • Lead a team of finance analyst(s) responsible for operational improvements across forecasting processes through coaching, mentoring, and ongoing training and development.
  • Support management and investor relations requests with clear explanations of drivers and changes, telling the complete story.

What we're looking for.

  • 4-7 years of progressive responsibility and experience in quantitative or financial analysis. 
  • A bachelor’s degree in Finance, Economics, Business or a related quantitative field. 
  • Highly analytical, with proven ability in data-intensive financial analysis backed by strong financial modeling skills in Excel, experience maintaining complex driver-based financial forecast with fully integrated financial statements for corporate entity or otherwise complex business structure. 
  • Proficiency with financial statement analysis and forecasting, including a basic understanding of GAAP and Statutory Accounting principles and the ability to communicate with experts. 
  • Self-starter with a high degree of responsibility and ownership. 
  • Excellent presentation and communication skills. 
  • Approaches problem solving with natural intellectual curiosity, open-mindedness, and comfort with ambiguity. 
  • Proven ability to execute on projects quickly and has a “get things done” mentality. 
  • Expert knowledge of enterprise-class planning tools (e.g. Oracle PBCS, Anaplan, SAP) is required. Experience writing SQL queries and an understanding of data warehouse structures is a plus.

Get in touch

Finding the right people to help us build Root is a top priority. Whether you would like to explore the possibility of working together or simply learn more about the position, we’d love to hear from you!

Apply now
Who we are.
Root Insurance is the nation’s first licensed insurance carrier powered entirely by mobile. We were founded on the belief that the services you need for everyday life should serve you better. That’s why we base insurance coverages on you, not your demographic. It’s the way insurance should be. And it’s all conveniently in an app.

What draws people to Root.
Our early success is in large part due to our unwavering standards in hiring. We recognize that our product is only as good as the people building and promoting it. We look for individuals who find solutions by going through the cycle of ideation to implementation with curiosity, rigor, and a highly analytical lens. Ask anyone who works here and you’ll hear similar reasons for why they joined:

Autonomy. For assertive self-starters, the opportunities to contribute are limitless.

Impact. By challenging the way it’s always been done, we solve problems that have a big impact on our business.

Collaboration. We encourage rich discussion and civil debate at every turn.

People. We are inspired by the collection of crazy-smart people around us.

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If you’d like to be a part of what we are building but don’t see an opening that suits you, email us at jobs@inc.joinroot.com.