Vice President, Analytics

Summary

Join Openly as their Vice President, Analytics, a critical new role for an analytical leader. This role is key to the company's data-driven decision-making and will advise the Board, executive team, and leadership. The VP will partner with leaders across the organization to drive strategy and results, setting OKRs and KPIs, and monitoring progress. Responsibilities include owning the financial plan, forecasting, and strategic financial model, as well as leading the Operational Analytics & Reporting, Business Intelligence & Data, and Financial Planning & Analysis teams. The ideal candidate will have 15+ years of relevant experience, a Bachelor's degree (Master's preferred), and expert technical skills in modeling and analytical techniques. Openly offers a competitive salary and benefits package, including a remote-first culture and various perks.

Requirements

• 15+ years relevant experience, Bachelor's Degree or equivalent combination of education and work experience; Master's Degree preferred
• Expert technical skills and proven experience with various modeling and analytical techniques and processes
• Advanced experience forecasting operational and financial metrics with a thorough understanding of their impact on financial statements, both on a GAAP and STAT basis
• Problem solving through advanced data and statistical analysis
• Work effectively with executive teams and Boards by utilizing clear, concise and analytical communication
• Make decisions by examining facts, applying expertise, analysis, and sound judgment
• Lead and influence through ambiguity, applying experience to drive creation and improvement of processes where necessary
• Strong interpersonal and communication skills to build relationships and trust at all levels with internal stakeholders

Responsibilities

• Key advisor to Board, executive team, and leadership. Understands what is happening and why across the business through an analytical lens
• Critical member of Finance & Strategy and Openly leadership team. Partner with leaders across the entire organization to help drive forward the company’s strategy and results
• Set our OKRs and KPIs and monitor progress against them; recommend actions that will improve our business for our stakeholders
• Own the Financial Plan, forecasting, and strategic financial model inputs and outputs. Need to understand what our key assumptions are and be able to back them up with analysis
• Set targets and monitor progress against these targets for critical initiatives
• Own data strategy, ensuring data is accurate and available when, where, and how it is needed to make decisions
• Drive efficiency in Analytics and across the business - delivering lower costs with scale is a critical element of Openly’s strategy
• Delivers analysis and reporting that consistently identifies actionable opportunities to drive incremental efficiency and/or growth for our business partners
• Influences strategic decision making and initiative prioritization through analysis-based recommendations (includes competitive intelligence and XFT related work)
• Takes data from its raw form and makes it actionable through self-service datasets, reports, and visualizations
• Shortens the time and effort from data —> insight —> decision
• Prepares annual financial planning, forecasting and financial performance analysis to support internal and external reporting needs. This includes, for example, investors, board of directors, executive management, rating agencies and reinsurers
• Drives financial modeling to support organizational strategic decisions , such as scenario modeling, 5-yr financial projections, and capital optimization analysis
• What should be our long-term target for metric “X”? What will it take to achieve it?
• Should we expand to new product line “Y”?
• Why is this metric deviating from plan? What actions could we take to impact it?
• Why are we projecting this KPI to accelerate in our forecast?
• What data is available to make better decisions and how could we surface that data?
• Teamwork - this role will influence all of Openly’s key decisions, but solely own few of them. Requires the ability to influence and work collaboratively
• Curiosity - bring and be open to new ideas on how things can be done in our business. Verify “common wisdom” or beliefs
• Willingness to innovate and try new things will be very important to help us drive scale in analytics and across the business
• Solve the right problem with the right tool - not every decision/question requires a heavily detailed model. But some do. The successful person in this role will ensure we are bringing the right analytical tools to the right decisions
• Stay lean - we highly value efficiency and our customers and agents demand that we keep our costs low. This means sometimes we have to forgo analysis for less important decisions to focus our resources on the most important questions
• Get into the details - at our stage, every member of the team is expected to be willing and able to dig into models, build analyses and recommendations, etc

Preferred Qualifications

Experience in pricing/product actuarial work is a plus

Benefits

• Remote-First Culture - We supported #remotelife long before it was a given. We'll keep promoting it
• Competitive Salary & Equity
• Comprehensive Medical, Dental, and Vision Plan Offerings
• Life and disability coverage including voluntary options
• Parental Leave - up to 8 weeks (320 hours) of paid parental leave based on meeting eligibility requirements
• 401K Company Contribution - Openly contributes 3% of the employee's gross income, even if the employee does not contribute
• Work-from-home stipend - We provide a $1,500 allowance to spend on setting up your home workplace
• Annual Professional Development Fund: Each employee has $2,000 in professional development (PD) funds to spend on activities or resources annually. We want each Openly employee to achieve personal and professional success and to feel supported, confident, and informed about improving their efficiency and productivity
• Be Well Program - Employees receive $50 per month to use towards your overall well-being
• Paid Volunteer Service Hours
• Referral Program and Reward
• Depending on position, Employees generally are eligible for cash incentive compensation, including commissions for sales eligible roles. In all cases, eligibility for compensation and benefits is subject to applicable plan and policy terms in effect from time to time