FINANCE ANALYST - SENIOR

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.

The finance analyst will be responsible on the following business activities:

Cash application

• Recording cash payments in Accounts Receivable system
• Applying cash to open receivable transactions.
• Conduct research and resolve discrepancies with errant payments.
• Communicate with internal and external customers to obtain support for proper direction of incoming payments.
• Reconcile processed work by verifying entries and comparing system reports to balances
• Review and analyze reports.
• Prepare cession statements and process payments.

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 close

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

• Excellent communication and interpersonal skills
• Strong analytical skills with the ability to collect, organize, analyze, and disseminate significant amounts of information with attention to detail and accuracy
• In-depth knowledge of and experience with reporting packages and financial systems
• Insurance experience is desired but not a mandatory requirement
• Basic understanding of project management concepts and understanding of insurance terminology preferred
• Strong financial and analytical skills
• Great Plains general ledger knowledge

• Bachelor’s degree in Accounting, Business Administration, Finance (or equivalent discipline)
• Obtained or in the pursuit of a recognized accounting/auditing qualification (CPA)