Financial Analyst, 3255

Overview

This full-time Financial Analyst role sits within the CSS – Financial Reporting & Valuation department. The position is responsible for analyzing client-reported electronic data to ensure accuracy and timeliness in accordance with treaty guidelines, and for preparing quarterly financial reporting across multiple standards.

Responsibilities

Cash Reporting, Client Data, and Analysis (45%)

• Develop an understanding of treaty guidelines specific to assigned treaties to determine expectations of both parties.
• Analyze client reported data to determine accuracy in accordance with treaty guidelines.
• Investigate deviations and/or errors and determine appropriate resolutions; liaise with clients to understand and/or correct reporting deviations and/or errors.
• Communicate actual or potential financial consequences or business risks to the appropriate stakeholders to support accurate financial reporting.
• Calculate and analyze Experience Refunds and Loss Carry Forwards.
• Accurately record details of client reporting using company business systems to ensure the validity of department financial reports.
• Analyze Trend Reports for reasonability and balance checks.

Statutory, IFRS and Solvency II Financial Reporting (45%)

• Prepare and analyze quarterly Statutory, IFRS and Solvency II financial reports for assigned assumed Health Solutions reinsurance treaties and related retrocessions.
• Provide clear explanations for reporting period variances.
• Coordinate with financial reporting and actuarial teams during the reporting process to ensure amounts recorded are accurate.
• Prepare financial workpaper documentation and schedules required for external auditors during the quarterly review and annual audit process to substantiate compliance with local and IFRS reporting standards.

Audit of Problematic Accounts (10%)

• Independently analyze and identify client reporting inconsistencies to implement corrections.
• Propose procedures to improve processing inefficiencies.

Requirements

• College degree from an accredited institution in accounting or a related field.
• Minimum 5 years of experience in an insurance-related field.
• Business knowledge of (re)insurance concepts.
• Excellent verbal, written, and interpersonal skills to establish and maintain professional client, reinsurer, and internal relationships.
• Intermediate Microsoft Office skills (Word, PowerPoint, Outlook); Intermediate/Advanced Microsoft Office skills (Excel).
• Competence in SAP, Power BI or equivalent systems.
• Strong organizational and analytical skills with attention to detail.
• Ability to manage and prioritize workload effectively according to contractual obligations, volume, and/or urgency.
• Ability to act and operate independently with minimal daily direction from a manager.
• Provides accurate and timely updates on the status of work and escalates issues appropriately.
• Takes responsibility for the quality, completeness, and accuracy of work.

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.

Competencies

• Manages complexity
• Communicates effectively
• Manages ambiguity
• Action oriented
• Financial acumen

Compensation & Benefits

Compensation (base + bonus inclusive)

• $82,900 - $112,100

Benefits include

• Comprehensive medical, dental, and vision
• Paid Time Off (PTO)
• Company provided life insurance and disability benefits
• 401(k) and profit sharing
• Additional ancillary benefits available

Location & Travel

• Travel: < 5% (client visits or travel to/from the Orlando office, depending on remote location)

Equal Employment Opportunity

The employer is an equal employment opportunity organization and provides equal employment opportunities to all employees and applicants without regard to race, color, creed, religion, sex, age, national origin, citizenship, sexual orientation, gender identity and expression, physical or mental disability, marital, familial or parental status, genetic information, military status, veteran status, or any other legally protected classification.

Accessibility

The employer is committed to making the application process and workplace accessible for individuals with disabilities and will reasonably accommodate applicants upon request, unless doing so would create an undue hardship or threat to individuals or the organization.

Application Deadline

Applications will be accepted until a candidate has been identified and selected to fill this position.