We’re hiring a Finance Forecasting Analyst in Columbus, OH

The Company: Root was founded on the belief that insurance is a broken industry, and we set out to change it. By getting to the “root” of the issue—the unfair, archaic, complicated insurance business model—and solving it entirely, we set out to transform the insurance world.

We believe our customers deserve insurance that is:
Fair. We lean on data, not demographic labels.
Affordable. We base rates on good driver performance.
Personal. We give our customers the power to affect their rates.
Easy. We create an intuitive experience.
Accessible. We make information clear.
Beyond. We are never, ever satisfied with the status quo.

The Role: We’re looking for a highly analytical, forward-thinking, problem solver who will bring their intellectual curiosity, insurance business knowledge, and financial acumen to our growing finance team. The perfect candidate will have experience building forecasts and analysis to determine strategic and operational goals.  The Forecasting Analyst will play a large role in the maintenance and continuous improvement of our driver-based forecast. Root has experienced significant growth in a short period of time, building from 60 to over 650 people in roughly a year and raising $178M in Venture Capital funding. Given this rapid growth, the most successful candidate will be able to step into our fast-paced environment and improve our ability to guide and influence the financial and business decisions that will impact Root's future.

Reports To: Vice President of Finance (in the interim, then Forecasting Manager)

Responsibilities

  • Assists ongoing maintenance and continuous improvement of the driver-based model used for short- and long-term forecasting of Root’s business results and financial statements
  • Supports the quarterly forecast update process, gathering inputs from business areas, and sharing forecast results
  • Works cross-functionally to determine requirements, build, and maintain a dynamic connection between the forecast model and the data warehouse environment
  • Performs rigorous, detailed financial analysis (including understanding scenario and sensitivity impacts) on key drivers of growth, profit, and capital to inform decision-making and strategy
  • Builds analytical frameworks to address new and emerging business questions and identifies and implements more consistent, efficient approaches on recurring analyses
  • Develops a deep understanding of key drivers of insurance company operations, financial performance, and product economics
  • Performs ad hoc analysis as requested

Skills and Qualifications

  • Bachelor’s degree in Finance, Analytics, Economics, or related fields required
  • 3+ years of work experience in financial/business analysis, with a preference for some experience in insurance/financial services or a fast-paced technology environment
  • Highly analytical, with strong Excel and financial modeling skills
  • Knowledge of relational tables, data models, and/or complex data querying using SQL
  • Self-starter who can work independently, manage multiple projects concurrently, adapt quickly when changes occur
  • Exceptional interpersonal and teamwork skills, with the ability to easily build collaborative working relationships
  • Great attention to detail
  • Ability to work with all levels in an organization

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

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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 [email protected].