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!


Job Title: Financial Analyst


Location: (Remote)


Employment Type: Direct Hire


Salary : $82,000-112,000


Role Overview

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 Allocation & Key Responsibilities

Performance in this role is structured around three primary functional areas:

1. Cash Reporting, Client Data, and Analysis (45% of Time)

• Treaty Alignment: Develop a strong understanding of reinsurance treaty structures, terms, and guidelines (specifically for assumed Health Solutions and related retrocessions) to determine operational expectations.
• Data Validation: Conduct detailed analysis of client-reported premium, bordereaux, and financial data, validating accuracy against treaty requirements.
• Client Engagement: Independently investigate reporting inconsistencies, deviations, or errors, and liaise directly with clients to understand and resolve data discrepancies.
• Balance Calculations: Calculate and analyze Experience Refunds, Loss Carryforwards, and premium-related balances to ensure alignment with treaty provisions.
• System Logging & Trend Analysis: Accurately record details of all client reporting across multiple company business systems to ensure validity , and analyze Trend Reports for reasonability and balance checks.
• Risk Escalation: Communicate actual or potential financial impacts, unusual trends, and business risks to stakeholders across finance, actuarial, and operations teams.

2. Statutory, IFRS, and Solvency II Financial Reporting (45% of Time)

• Quarterly Close: Prepare and analyze quarterly Statutory, IFRS, and Solvency II financial reports for assigned reinsurance treaties.
• Variance Analysis: Perform detailed variance analysis to explain reporting period fluctuations between actuals, prior periods, and expectations, providing clear drivers and insights.
• Cross-Functional Collaboration: Work closely with financial reporting, accounting, and actuarial teams during the close process to ensure amounts recorded are accurate.
• Audit Readiness: Prepare detailed financial workpapers, schedules, and supporting documentation for internal and external auditors to substantiate compliance with local and IFRS reporting standards.

3. Audit of Problematic Accounts & Process Improvement (10% of Time)

• Automation & Efficiency: Identify inefficiencies in current workflows and propose, design, or implement automation and process improvements to enhance reporting accuracy and turnaround time.
• Model Customization: Build and maintain advanced Excel models and automated templates (including pivot tables and macros) to streamline calculations and validations.

Core Corporate Competencies

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


Education & Compliance

• 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.

Experience

• 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.

Technical Skills

• 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. If you have visited our website in search of information on employment opportunities or to apply for a position, and you require an accommodation in using our website for a search or application, please contact our Employee Services Department at [email protected] or View phone number on click.appcast.io.


Everforth Apex is a world-class IT services company that serves thousands of clients across the globe. When you join Everforth Apex, you become part of a team that values innovation, collaboration, and continuous learning. We offer quality career resources, training, certifications, development opportunities, and a comprehensive benefits package. Our commitment to excellence is reflected in many awards, including ClearlyRateds Best of Staffing® in Talent Satisfaction in the United States and Great Place to Work® in the United Kingdom and Mexico.

Everforth Apex uses a virtual recruiter as part of the application process. Click here for more details. By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from Everforth Apex and its affiliates, and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy at

Everforth Apex Benefits Overview: Everforth Apex offers a range of supplemental benefits, including medical, dental, vision, life, disability, and other insurance plans that offer an optional layer of financial protection. We offer an ESPP (employee stock purchase program) and a 401K program which allows you to contribute typically within 30 days of starting, with a company match after 12 months of tenure. Everforth Apex also offers a HSA (Health Savings Account on the HDHP plan), a SupportLinc Employee Assistance Program (EAP) with up to 8 free counseling sessions, a corporate discount savings program and other discounts. In terms of professional development, Everforth Apex hosts an on-demand training program, provides access to certification prep and a library of technical and leadership courses/books/seminars once you have 6+ months of tenure, and certification discounts and other perks to associations that include CompTIA and IIBA. Everforth Apex has a dedicated customer service team for our Consultants that can address questions around benefits and other resources, as well as a certified Career Coach. You can access a full list of our benefits, programs, support teams and resources within our 'Welcome Packet' as well, which an Everforth Apex team member can provide.

Everforth 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. Everforth Apex will consider qualified applicants with criminal histories in a manner consistent with the requirements of applicable law.

If you require an accommodation under the Americans with Disabilities Act to participate in an interview with a virtual recruiter or to use our website for a search or application, please contact our Benefits Department at [email protected] or View phone number on click.appcast.io. Please note that this contact information is strictly to be used for medical ADA accommodations and that no other inquiries will be answered.

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