Treasury Analyst - Investments

Job Description

Job Description

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• Employment Eligibility (e-Verify): English & Spanish
• Right to work: English / Spanish

It's fun to work in a company where people truly BELIEVE in what they're doing!

We're committed to bringing passion and customer focus to the business.

The Finance Department of Universal Insurance Holdings, Inc. is seeking a Treasury Analyst, whose primary responsibilities will include the timely and accurate handling of day-to-day treasury and cash operating transactions, as well as the monitoring, reporting, accounting and analysis of the company’s cash and investment portfolios. General responsibilities include, but are not limited to:

Duties and Responsibilities:

• Provide management with key internal reporting, including a weekly cash position report and weekly and monthly investment portfolio reports.

• Assist with daily bank reconciliations and the posting of ad hoc transactions.

• Assist with the compilation of the cash flow projection by ensuring completeness of recorded transactions, assessing appropriateness of assumptions, and liaising with key stakeholders from other departments.

• Daily review and monitoring of cash balances.

• Maintain consistent communication with treasury and banking contacts to address any ongoing matters and ensure that objectives are being met.

• Research and propose new investment and cash management opportunities as needed.

• Keep up to date on market and treasury trends.

• Ensure compliance is maintained with operational procedures.

• Engage in premium collection process and related tasks.

• Handle operational transactions in Workday.

• Prepare the investment reconciliation on a monthly basis and post any entries needed to correct the accounting for investments.

• Prepare list of securities to send to third party on a quarterly basis in order to estimate current expected credit losses (CECL).

• Record CECL journal entries quarterly based on third party’s estimate.

• Prepare the investments presentation for the board of directors’ meeting on a quarterly basis.

• Analyze the investment income forecasts received from external portfolio managers, comparing against Clearwater’s forecast.

• Other activities may include, but are not limited to, assisting with investment accounting tasks, unclaimed property reporting, 1099 reporting, and investment research and due diligence.

Qualifications:

Candidate must be a professional with strong analytical and organizational skills, who employs professional skepticism and works well under pressure with the ability to multi-task. The candidate must prioritize to meet deadlines, while ensuring all work is timely and accurate. The candidate must also possess a high attention to detail. Specific qualifications include:

Education and Certifications

• Bachelor’s degree in Accounting or Finance.

• Graduate degree a plus.

• Relevant certifications a plus.

Experience

• Preferably 3 to 5 years of related work experience in a financial/analytical role.

• Demonstrable understanding of treasury, banking and accounting concepts and principles.

• Transactional and analytical experience.

• Familiar with banking systems, platforms and products.

• Strong attention to detail and solid organizational skills mandatory.

• Excellent time management and communication skills.

Technical Skills

• Proficient in Microsoft Office (Word, Excel and PowerPoint).

• Workday G/L, Clearwater Analytics, Workiva Wdesk and Microsoft Power BI experience a plus.

Benefit Highlights:

• Industry leading medical, dental and vision insurance plan

• 401(k) Retirement Plan with a company match of 100% on up to 5% of compensation (match is fully-vested immediately)

• Generous PTO policy

• Eligible for performance-based bonuses

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Benefit Highlights

• Industry leading medical, dental and vision insurance plan
• 401(k) Retirement Plan with a company match of 100% on up to 5% of compensation (match is fully-vested immediately)
• Generous PTO policy
• Eligible for performance based bonuses