Financial Analyst

Financial Analyst

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. The role involves communicating information about client issues and unusual reporting trends to appropriate stakeholders and preparing quarterly Statutory, IFRS, and Solvency II financial reports for assigned accounts. This position requires strong technical accounting experience and advanced Excel skills for building and creating reports.

Key Responsibilities

• Develop an understanding of treaty guidelines specific to assigned treaties to determine the expectations of all parties.
• Conduct analysis of client-reported data to determine accuracy in accordance with treaty guidelines, investigating and resolving any deviations or errors.
• Communicate actual or potential financial consequences or business risks to the appropriate stakeholders to ensure accurate financial reporting.
• Calculate and analyze Experience Refunds and Loss Carryforwards.
• Prepare and analyze quarterly Statutory, IFRS, and Solvency II financial reports for assigned reinsurance treaties and related retrocessions.
• Provide clear explanations for reporting period variances and work with financial reporting and actuarial teams to ensure accuracy.
• Prepare financial workpaper documentation and schedules for external auditors to substantiate compliance with reporting standards.
• Independently analyze and identify client reporting inconsistencies to implement corrections and propose procedures to improve processing inefficiencies.

Required Qualifications

A college degree from an accredited institution in a related field is required. A minimum of 5 years of experience in Life, Health, or Property & Casualty (re)insurance is required. Candidates must have technical accounting experience and advanced business knowledge of (re)insurance concepts. Intermediate to advanced Microsoft Excel skills are required, including the ability to build and create new reports. Competency with Microsoft Office (Word, PowerPoint, Outlook) and Hyperion Reporting is also necessary.

Preferred Qualifications

• Knowledge of Health and Special Risk reinsurance practices and principles.
• Industry-relevant designations.
• Ability to conduct quantitative and qualitative analysis with large data sets.
• Knowledge of systems and data structures applicable to (re)insurance operations.
• Demonstrated appreciation of current issues affecting the profession and the health reinsurance industry.
• Business knowledge of accounting and finance.

This is a full-time, remote position that requires the ability to use standard office equipment such as computers and phones. Travel is minimal, estimated at less than 5% for one domestic, overnight client visit per year.

We are an equal opportunity employer and welcome applications from all qualified candidates regardless of race, color, religion, sex, sexual orientation, gender identity, national origin, disability, or veteran status.