Senior Analyst

  • 33426
  • Non-Life - Other
  • |
  • Bermuda
  • |
  • Mar 12, 2018
  • Undertaking on-site reviews and analysis of selected businesses, and their respective capital models, by utilizing various risk assessment methodologies to evaluate compliance with existing laws, regulations, policies, plans and procedures, and/or identifying risk issues, and formulating reports on findings for submission and discussion with management;
  • Developing agendas, schedules and attending prudential meetings with financial entities to discuss findings of reviews, minute discussions/decisions and developing corrective action plans as appropriate;
  • Undertaking projects utilizing skills related to meeting the department’s supervisory and regulatory responsibilities;
  • Monitoring the market with specific focus on developments in the insurance industry (local and international), regulatory bodies/regimes, accounting standards, as well as market information on insurance companies via monitoring of key indicators, newspapers, periodicals, media and relevant websites;
  • Monitoring identified companies with compliance issues by review, memoranda and timely direct follow up with company representatives;
  • Working as part of the Insurance Supervision team to achieve departmental objectives; and
  • Performing other related work and special projects as assigned by management.
  • A Bachelor’s Degree or equivalent qualification in a financial or accounting discipline from a recognized institution or professional body;
  • A minimum of five years’ relevant experience working within a regulated financial services business, preferably in general Insurance/Reinsurance and/or Long-Term Insurance, or a financial services regulator;
  • Experience conducting or participating in on-site reviews, forensic accounting reviews, investigations or inspections;
  • Experience in the evaluation of corporate governance structures, risk management frameworks and/or internal controls; and
  • A willingness to work outside normal business hours if required.