Product Support Associate - Finance

Posted 2 Days Ago
Be an Early Applicant
Wayne, PA
70K-100K Annually
Entry level
Fintech • Payments • Financial Services
The Role
The Product Support Associate will assist the product management team by preparing financial models and conducting expense analysis to aid in product strategy and decision-making. Responsibilities include managing ongoing expense efforts, conducting profitability analysis, reviewing legal agreements, and coordinating deliverables among departments.
Summary Generated by Built In

Finance Associate - 87FF7N

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

Overview of role: This role will support the product management team at Hartford Funds by providing financial modeling and expense analysis to help drive product strategy and inform decision-making.

Responsibilities:

  • Work closely with members of the product management team to prepare financial modeling for new product launches, fund enhancements and repurposes, and expense structure changes.
  • Support ongoing expense management efforts and long-term financial planning through economic analysis of potential strategic initiatives and growth opportunities.
  • Contribute to the strength of the firm’s product lineup by running profitability analysis for potential product offerings driven by industry demand for particular strategies, asset classes, and investment vehicles.
  • Lead annual review of fund expense limitation arrangements, facilitate discussions between finance and product management teams, and present estimated financial impact of proposed arrangements to senior leadership.
  • Maintain ongoing record of all fund expense changes and communicate updates to all impacted teams (fund treasury, accounting, forecasting and planning, etc.).
  • Review legal agreements and regulatory filings to ensure all expense changes and fund updates are accurately reflected.
  • Undertake special projects and additional tasks as needed.

Qualifications:

  • Bachelor’s degree in accounting, finance, or related field.
  • 0-5 years of industry experience.
  • Strong Microsoft Excel skills, including proficiency writing formulas, creating pivot tables, and using flexible models.
  • Highly detail-oriented and superior organizational skills.
  • Ability to manage multiple ongoing deliverables and meet deadlines.
  • Excellent communication skills with the ability to coordinate deliverables across departments and facilitate information sharing across teams.
  • Hands-on mentality and willingness to learn.

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$70,000 - $100,000

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

About Us | Culture & Employee Insights | Diversity, Equity and Inclusion | Benefits

Top Skills

Excel
The Company
HQ: Hartford, Connecticut
20,002 Employees
On-site Workplace
Year Founded: 1810

What We Do

Human achievement is at the heart of what we do. We put our belief into action by not only ensuring individuals and businesses are well protected, but by going even further – making an impact in ways that go beyond an insurance policy

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