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Our client, Relm Insurance is looking for a Finance Manager to join our team and play a key role in this mission. This role offers a dynamic blend of strategic and operational responsibilities, and the opportunity to work at the forefront of innovation, tackle complex challenges, and contribute to shaping the future of insurance.
Requirements
Duties and Responsibilities:Assist with the group month-end and year-end close processes, ensuring timely and accurate reporting of financial data ensuring compliance with company policies, both local and international accounting regulations, as well as requirements specific to the insurance industry.Perform monthly solvency calculations under Class IIGB and 3B BMA BSCR models.Manage the year end regulatory reporting requirements for group entities, under Class IIGB and 3B models.Manage and maintain forecasting models used in conjunction with regulatory reporting.Perform and review reconciliations of key accounts, including bank reconciliations, premium and claims accounts, and intercompany transactions.Oversee the daily execution of the company's credit control procedures for insurance related balances.Assist with the preparation of periodic bordereaux reporting for submission to various external partners.Ensure accurate and timely preparation of financial statements, management reports and performance analyses, on a monthly, quarterly, basis.Manage and optimize accounting processes, identifying areas for improvement and implementing best practices for operational efficiency.Support the Financial Controller in strategic planning, budgeting, and financial forecasting processes.Assist in the design and implementation of control processes and procedures.Assist with internal and external audits, providing necessary documentation, explanations, and supporting schedules as required.Ensure timely and accurate submission of tax returns and regulatory filings related to the insurance sector.Collaborate closely with cross-functional teams, such as underwriting, claims, and product development, to ensure alignment of financial reporting with business operations.Provide guidance and mentorship to junior accounting staff, sharing best practices and supporting their development.Requirements, Desired Skills and Experience:Professional accounting qualification (CPA, ACCA, CIMA, or equivalent) with 5+ years of post qualification industry experience, preferably within the insurance or financial services sector.Experience with financial reporting, general ledger management, and budgeting processes.Strong understanding of insurance-specific accounting principles, including knowledge of regulatory requirements.Strong knowledge of Class IIGB, Class 3B, and SAC workings and BSCR models.Proficient in accounting software and Microsoft Office, particularly Excel.Excellent analytical and problem-solving skills, with a strong attention to detail and accuracy.Ability to work under pressure and meet tight deadlines in a fast-paced environment.Strong communication skills, with the ability to translate complex financial information to non- financial stakeholders and senior leadership.A proactive, results-driven approach with the ability to drive financial performance and process improvements.
Salary
Not specified
Benefits
Not specified
How to Apply
To apply please send your resume to jobs@expertisegroup.com. All applications are handled in a confidential manner and in accordance with Expertise’s Privacy Policy, available on our website.
⚠️ HOW TO APPLY - PLEASE READ: Follow the instructions found within this job listing:
➤ The "Apply Now" Button: If visible, this link may redirect you to an external website (not BermudaJobFinder) which may require you to create an account.
➤ Direct Application: If the job listing asks you to apply directly but the contact info is missing, please search for the hiring company online to find their details.
BermudaJobFinder is a job board and does not recruit, place candidates or accept applications. Please do not reply to email alerts with your resume.