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About Us

At Selective, we don't just insure uniquely, we employ uniqueness.Selective is a midsized U.S. domestic property and casualty insurance company with a history of strong, consistent financial performance for nearly 100 years. Selective's unique position as both a leading insurance group and an employer of choice is recognized in a wide variety of awards and honors, including listing in Forbes Best Midsize Employers in 2024 and certification as a Great Place to Work in 2024 for the fifth consecutive year.Employees are empowered and encouraged to Be Uniquely You by being their true, unique selves and contributing their diverse talents, experiences, and perspectives to our shared success. Together, we are a high-performing team working to serve our customers responsibly by helping to mitigate loss, keep them safe, and restore their lives and businesses after an insured loss occurs.

Selective is seeking an individual who will be responsible for supporting key IT Financial Management processes: planning, budgeting, forecasting, variance analysis, and reporting. This person acts as the day-to-day IT point of contract for key stakeholders including IT leadership team, cost center owners, financial planning, accounting, and the project management office. The key performance measure is an accurate budget and forecast, enabling business decisions to be made regarding funding.

• Assist in preparation of the annual budget and forecast for assigned areas. To include working with operational contacts to accumulate budget data and processing data into the planning software, updating / building budget templates, reports and management analysis as needed during the budget process.
• Prepare monthly variance analysis to compare actual financial results to budget throughout the year for cost centers assigned and related parent rollups. Work with operational contacts to obtain understanding of operational issues and resolve variances when appropriate.
• Assist Managers for assigned areas with questions during the budget process and throughout the year to include any special analysis requested (as approved by the Financial Planning Supervisor/Director).
• Assist in the preparation and gathering of support for the monthly Financial Planning journal entry and forward to Financial Accounting prior to the allocation run by Financial Accounting.
• Prepare monthly profitability package for the special segments of Flood and E&S in accordance with the Financial Planning month end calendar.
• Assist the Senior Financial Planning Systems Analyst as needed related to TM1 and Sharepoint issues and development.
• Special projects preparation, ad hoc analysis and meeting participation, as assigned.

Knowledge and Requirements

• Highly proficient with Microsoft Office/Excel. Prior experience with OLAP database software, Hyperion, PeopleSoft General Ledger, or Sharepoint highly desirable.
• Document analysis/ information and procedures in a concise manner.
• Communicate effectively in speech and written work.
• Excellent financial analytical skills and problem solving ability.
• Apptio experience is a plus

Education and Experience

• Bachelor's degree in Accounting, Finance, Business Administration or Economics preferred.
• Years of Experience: 5-7 Years

Selective Insurance offers a total rewards package that includes a competitive base salary, incentive plan eligibility at all levels, and a wide array of benefits designed to help you and your family stay healthy, achieve your financial goals, and balance the demands of your work and personal life. These benefits include comprehensive health care plans, retirement savings plan with company match, discounted Employee Stock Purchase Program, tuition assistance and reimbursement programs, and paid time off plans. Additional details about our total rewards package will be provided during the recruiting process.The actual base salary is based on geographic location, and the range is representative of salaries for this role throughout Selective's footprint. Additional considerations include relevant education, qualifications, experience, skills, performance, and business needs.

Selective is an Equal Employment Opportunity employer. That means we respect and value every individual’s unique opinions, beliefs, abilities, and perspectives. We are committed to promoting a welcoming culture that celebrates diverse talent, individual identity, different points of view and experiences - and empowers employees to contribute new ideas that support our continued and growing success. Building a highly engaged team is one of our core strategic imperatives, which we believe is enhanced by diversity, equity, and inclusion. We expect and encourage all employees and all of our business partners to embrace, practice, and monitor the attitudes, values, and goals of acceptance; address biases; and foster diversity of viewpoints and opinions.