Principal

  • 37889
  • Life - Actuarial
  • |
  • Bermuda
  • |
  • Aug 5, 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
  • A Master’s Degree or equivalent qualification in Finance, Actuarial Science or Accounting from a recognised institution or professional body.
  • A 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.
  • The ability to work in a fast-paced environment, with a high degree of accuracy.
  • Accountability for work and proactive with assigned tasks.
  • A willingness to work outside normal business hours as required.