Principal

  • 36833
  • Life - Actuarial
  • |
  • Bermuda
  • |
  • Feb 18, 2020
Other
RESPONSIBILITIES
  • Undertaking reviews of prudential and financial filings by regulated insurance entities to evaluate compliance with existing laws, regulations, policies, codes, plans and procedures, and preparing reports for discussion and action
  • Performing technical reviews and analysis on more complex commercial or technical areas
  • Developing plans and executing on-site reviews and prudential meetings with insurance entities
  • Monitoring insurance entities for compliance by review, analysis and timely, direct follow-up with company representatives
  • Communicating review findings by preparing final reports and discussing findings with management and insurers
  • Providing advice and senior level technical support to regulatory or operational teams
  • Providing first-line leadership to a team of Senior Analysts
  • Motivating and monitoring performance, and overseeing the development of team members in the achievement of departmental objectives
  • Performing other related work and special projects as assigned by management
QUALIFICATIONS
  • Master’s Degree or equivalent qualification in Finance, Actuarial Science or Accounting from a recognised institution or professional body
  • Minimum of seven years’ relevant postgraduate experience, of which at least three years should be at a senior level working within a regulated financial services sector, preferably in insurance/reinsurance and/or as a financial services regulator; life insurance knowledge will be an advantage
  • Experience conducting or participating in on-site reviews, forensic accounting reviews, investigations or inspections
  • Proficiency with insurance and investment accounting for reviewing and analysing financial statements
  • Knowledge in evaluating corporate governance structures, risk management frameworks and/or internal controls
  • Ability to work in a fast-paced environment, with a high degree of accuracy
  • Accountability for work and proactive with assigned tasks
  • Willingness to work outside normal business hours as required