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Job ID: 34014
Job Openings by Title Principal
Location Bermuda
Description:
Position:	Principal

Company:	Other

Location:	Bermuda

Job ID:		34014


Responsibilities:

- Undertaking reviews of prudential and financial filings by regulated insurance entities to evaluate compliance with existing laws, regulations, policies, codes, plans and procedures, and preparing reports for discussion and action.
- Performing technical reviews and analysis on complex commercial and technical areas.
- Developing plans and executing on-site reviews and prudential meetings with insurance entities.
- Monitoring insurance entities for compliance through review, analysis and timely direct follow-up with company representatives.
- Preparing final reports and discussing review findings with management and insurers.
- Providing advice and senior level technical support to regulatory and operational teams.
- Providing first-line leadership to a team of Senior Analysts.
- Motivating, monitoring performance, and overseeing the development of team members in the achievement of departmental objectives.
- Carrying out other related work and special projects as assigned by management.

Qualifications:

- A Master’s Degree or equivalent qualification in Finance or Accounting from a recognized institution or professional body.
- A minimum of seven years’ relevant post graduate experience, of which at least three years should be at a senior level working within a regulated financial services business, preferably in general insurance/reinsurance and/or as a financial services regulator.
- Experience conducting and participating in on-site reviews, forensic accounting reviews, investigations and inspections.
- Proficiency with insurance accounting for reviewing and analyzing financial statements.
- Experience of evaluating corporate governance structures, risk management frameworks and/or internal controls.
- The ability to work in a fast-paced environment, with a high degree of accuracy.
- An understanding of the need for accountability.
- A willingness to work outside normal business hours as required.



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