Financial Analyst
Apex Systems Inc
Financial Analyst
Apex Systems is sourcing for a Financial Analyst along with one of our clients based in Orlando, FL. Please see details below and apply if you are interested!
This position is responsible for conducting in-depth analysis of client-reported electronic data to ensure it is accurate and timely in accordance with treaty guidelines. Operating with minimal daily direction, the role involves monitoring and communicating client issues and unusual reporting trends to appropriate stakeholders, and preparing quarterly Statutory, IFRS, and Solvency II financial reports for assigned assumed Health Solutions accounts.
This role requires a strong blend of reinsurance knowledge, financial analysis, and data-driven problem-solving, alongside advanced Excel skills and the ability to work independently across multiple systems to validate, analyze, and improve reporting processes.
Performance in this role is structured around three primary functional areas:
- Cash Reporting, Client Data, and Analysis (45% of Time)
- Statutory, IFRS, and Solvency II Financial Reporting (45% of Time)
- Audit of Problematic Accounts & Process Improvement (10% of Time)
Candidates will be evaluated on their ability to demonstrate the following core competencies required by Hannover Re:
- Manages Complexity: Making sense of complex, high-quantity, and sometimes contradictory information to effectively solve problems.
- Communicates Effectively: Developing and delivering multi-mode communications that convey a clear understanding of the unique needs of different audiences.
- Manages Ambiguity: Operating effectively, even when things are not certain or the way forward is not clear.
- Action Oriented: Taking on new opportunities and tough challenges with a sense of urgency, high energy, and enthusiasm.
- Financial Acumen: Utilizing financial data and professional knowledge to impact financial accuracy, support company policy, and maximize shareholder value.
Required Qualifications:
- Bachelor's degree in Accounting, Finance, Business, or an accredited related field required.
- Accountability for the quality, completeness, and accuracy of work, with a commitment to adhering to company policies, procedures, and rules of conduct.
- Minimum 5+ years of experience in Life, Health, or Property & Casualty (re)insurance or insurance.
- Strong background in reinsurance accounting, financial close cycles, financial analysis, or premium reporting/analytics.
- Proven capability to act and operate independently with minimal daily direction to accomplish objectives.
- Advanced Microsoft Excel skills required, including pivot tables, advanced formulas, data manipulation, and experience creating macros or automated reporting tools.
- Experience working with financial and reporting systems such as SAP, Oracle, TM1, or similar platforms, alongside competency using Hyperion Reporting.
- Excellent verbal, written, and interpersonal skills for establishing and maintaining professional client, reinsurer, and internal relationships.
Preferred Qualifications:
- Specific business knowledge of Health and Special Risk reinsurance practices and principles.
- Knowledge of Statutory accounting (STAT), GAAP, and IFRS (with modern IFRS 17 exposure preferred).
- Experience analyzing very large datasets to identify trends, anomalies, and root causes.
- Exposure to reinsurance contract modeling, participation calculations, or funds withheld structures.
- Relevant industry professional designations.
Work Environment & Logistics:
- Workstyle: This is a full-time, remote position. Candidates must be able to work independently using standard remote office equipment (computers, phones, telepresence).
- Travel: Minimal, estimated at less than 5%. Requires approximately one domestic trip per year with an overnight stay for periodic client visits or team meetings.
EEO Employer
Apex Systems is an equal opportunity employer. We do not discriminate or allow discrimination on the basis of race, color, religion, creed, sex (including pregnancy, childbirth, breastfeeding, or related medical conditions), age, sexual orientation, gender identity, national origin, ancestry, citizenship, genetic information, registered domestic partner status, marital status, disability, status as a crime victim, protected veteran status, political affiliation, union membership, or any other characteristic protected by law. Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law.
Apex Systems$80k - $100k
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