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:
• 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 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 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