FBS FP&A Analyst

FBS – Farmer Business Services is part of Farmers operations with the purpose of building a global approach to identifying, recruiting, hiring, and retaining top talent. By combining international reach with US expertise, we build diverse and high-performing teams that are equipped to thrive in today’s competitive marketplace.

We believe that the foundation of every successful business lies in having the right people with the right skills. That is where we come in—helping Farmers build a winning team that delivers consistent and sustainable results.

Since we don’t have a local legal entity, we’ve partnered with Capgemini, which acts as the Employer of Record. Capgemini is responsible for managing local payroll and benefits.

What to expect on your journey with us:

• A solid and innovative company with a strong market presence

• A dynamic, diverse, and multicultural work environment

• Leaders with deep market knowledge and strategic vision

• Continuous learning and development

Team Function

The FP&A team is responsible for driving financial planning, forecasting, and performance analysis across the insurance business. With a strong focus on reporting, dashboard generation, and business case development, the team transforms complex data into actionable insights for senior leadership. Analysts contribute to recurring reporting cycles, variance analysis, and model maintenance, while progressively taking ownership of more complex deliverables. Given the high exposure to senior management, this environment accelerates professional growth but also demands rigor, precision, and a consistently high standard of delivery.

Role Description

As an FP&A Analyst, you will join the Financial Planning & Analysis team with exposure to Finance, Actuarial, Product, and Distribution areas. This opportunity is designed for professionals ready to take responsibilities and grow into a senior FP&A career path. The role offers high exposure to senior management, which accelerates professional development but requires a consistently high standard of deliverables. You will focus on recurring reporting cycles, management updates, and cross functional collaboration, progressively taking ownership of more complex deliverables and providing insights that influence leadership decisions.

More specifically, you will:

• Analyze, interpret, and project quarterly and annual financial plan data for reporting.
• Produce monthly budget monitoring report for Budget Committee review, providing detailed expense ratio analysis for all Management Company functions.
• Maintain systematic flow of budget requests and budget deviation materials from the Service Centers to Home Office personnel.
• Determine current year financial statement impact for all special project submissions, reviewing and monitoring the spending on all approved projects.
• Correspond regularly with all Service Center Accounting Managers, Budget Representatives and Home Office Accounting personnel on budget and coding matters as well as accounting entries and procedures.
• Handle all technical matters on the Excel version of this program, develop procedures and fields all questions, problems, etc. from Budget Reps.
• Prepare and ensure timely compliance of all quarterly and annual reporting requirements.

Requirements

• Bachelor’s degree with a major in Actuarial Science, Finance, Statistics, Economics or related field.
• At least 1 year of experience in finance, actuarial, pricing or analytical roles involving financial analysis, reporting and forecasting.
• Fluency in English
• Availability to work according to Pacific Standard Time (PST) time zone.
• Preferred Insurance industry experience

Skills & Competencies

• Solid analytical and quantitative skills with growing autonomy in financial reporting and modeling
• Strong communication skills to present insights clearly to semi senior and senior stakeholders
• Ability to work collaboratively while progressively taking ownership of deliverables
• Commitment to maintaining a high standard of output, given the role’s visibility to senior management.
• Understanding of insurance industry metrics (Premium, Loss Ratio, Expense Ratio, Conversion, Renewal Rates) - Nice to Have
• Interest in automation, data management, or AI applications in finance.

Data Management & Analytics

• Advanced Excel skills (pivot tables, formulas, charts, scenario analysis)
• Intermediate SQL (SAS, MySQL, Microsoft Access)
• Intermediate Power BI
• SAP Analytics Cloud (nice to have)

Benefits

This position comes with a competitive compensation and benefits package.

• A competitive salary and performance-based bonuses.
• Comprehensive benefits package.
• Flexible work arrangements (remote and/or office-based).
• You will also enjoy a dynamic and inclusive work culture within a globally renowned group.
• Private Health Insurance.
• Paid Time Off.
• Training & Development opportunities in partnership with renowned companies.