The finance analyst is responsible for collection, organization, interpretation, analysis, recording, documentation and dissemination of financial information. The candidate will process and reconcile finance related transactions with a strong focus on accuracy, timeliness, customer service and the ability to work in a fast-paced environment. The candidate will provide support during night shift corresponding to Bermuda working hours and be part of the Finance team.
Job Responsibilities
The finance analyst will be responsible on the following business activities:
Underwriting
- Reviews and validates the insurance policy for its accuracy and correctness in the underwriting system
- Ability to settle any issues and recommend solutions
- To work closely with the underwriting team in the completion of monthly closes
Claims
- Will assist in the review of claims and validate supporting documents
- Will perform monthly/quarterly analysis
- To work closely with the underwriting team in the completion of monthly closes
Cash management
- Accurate and timely turnaround on all payables (return premiums, claims, refunds)
- Recording of daily cash transactions and pairing in the underwriting system
- To identify tax and forex components of remittance
BDX reporting
- Prepares and draft bordereaux reporting for review
Financial Reporting
- Prepares and draft bordereaux reporting for review
- Assist with journal entries
- Assist in the preparation of Insurance Premium Tax filling
- Implement GAAP standards and Sarbanes-Oxley (SOX) audit requirements
- Provide customer service to internal and external customers
- Assist with various projects that entail analysis and reconciliation
- Assist in the quarterly management reports (preparation, review and analysis of reports)
- Meet various deliverables for monthly and quarterly financial close
Collaborate with both onshore and offshore teams to meet departmental goals
