Senior Financial Analyst I
Location
Bangalore | India
Job description
About the role:
You will be a part of a pool of analysts and will be responsible for analyzing the financial performance of the Business Unit Life & Health Reinsurance (BU L&H Re). We support our leading client managers and underwriter in managing and steering their client relationships and portfolios. Within your role, you will be initially focusing on either a specific region, resp. Client segment (Americas / EMEA / Asia / Global).
The core activities of the Financial Analyst in the Life & Health (L&H) FP&A team include:
- Coordinate quarterly L&H forecast with support from region controllers. Based on country submissions, review, and steer management from analysis of significant variances between actuals, forecast and Plan
- Assist to facilitate change activities as required for IFRS17 implementation for Finance, by having full understanding on the flow of the end-to-end business and finance operations, ledger closing and financial reporting (e.g., New Business and Business Plan)
- Support and manage tracking of Asia Growth initiatives (Solution/Transactions)
- Analyze market, client, and underwriting portfolios' performance, explain performance drivers, and regularly work on quickly emerging ad-hoc tasks
- Assist to facilitate change activities as required for IFRS17 implementation for Finance, by having full understanding on the flow of the end-to-end business and finance operations, ledger closing and financial reporting (e.g., New Business and Business Plan)
- Work in close collaboration with colleagues in Finance, Valuation & Analysis and Underwriting on topics related to the analysis of Renewal data, Economic Value Management, USGAAP/ IFRS
- Involve in the analysis of IFRS business results and outputs from the reporting system, ensuring consistent valuation is observed as compared to the analysis performed under the Business Impact workstream
- Communicate results in a way that is easily understood by people not dealing on an every-day basis with data/reports
- Have opportunities to work with senior management
About the team:
L&H FP&A drives sustainable performance as Performance Architect and Commercial Advisor of the BU by crafting transparency on the financial performance, driving performance strategy, enabling resource & capital allocation, supporting performance initiatives, and providing commercial advice. Within L&H Finance, Bangalore team is an integral part and supports the global FP&A functions through data management, performance analysis and reporting, forward-looking modelling, and analytics. The financial analyst is a key role within an agile and driven team, providing the opportunity to delve into financial performance data managing key stakeholder data requests
About you:
- Qualified Chartered Accountant/CFA, MBA (Finance)
- Successfully completed university degree, preferably in Mathematics, Actuarial Science, Finance or equivalent
- 7+ years work experience in FP&A preferably in Life and Health (Re)insurance (Prior experience in Insurance Industry will be added advantage)
- Basic understanding of financial reporting process or familiarity of the GAAP, IFRS and EVM accounting frameworks is preferable
- Strong curiosity about/motivation to learn about insurance/reinsurance
- Insurance products risk selection and risk reward framework understanding is preferable, Actuarial education is a plus
- Proficiency in MS Office applications (Excel, PowerPoint, Word, Access)
- Finance: source of earnings, income statement and balance sheet understanding / experience is preferable
Specific soft skills
- Mature & self-confident Able to work with internal clients, business partners or senior colleagues
- Approaches problems with curiosity and open-mindedness, fast learner
- Capacity to readily adapt to a changing and dynamic environment
- Team-player, willingness to contribute actively to the overall team spirit
- Ability and enthusiasm to work in a global and multicultural environment
- Very good communication and interpersonal skills
- Ability to express him-/herself effectively in one-on-one conversations and small groups
Specific technical skills
- Strong analytical skills and ability to focus on details without losing track of the bigger picture
- Strong analytical/data processing skills and methodological/conceptual understanding
- Ability to work independently and in conjunction with others.
- Excellent organizer, flexible and able to work optimally under tight timelines
Keywords: Reference Code: 127992
Job tags
Salary
