Description
We are seeking a highly skilled Business Analyst with deep expertise in insurance finance, regulatory compliance, and accounting standards. This role will support strategic initiatives including M&A due diligence, IFRS 17 implementation, risk management, and financial reporting across multiple insurance lines.
This role involves analysing business and regulatory requirements to ensure compliance with local and international insurance regulations. You will assist in the preparation of financial reports, ensuring accuracy and timeliness in delivery. Your contributions will support the implementation of regulatory frameworks and promote the establishment of best practices across financial reporting processes.
Our client is one of the largest insurance companies globally, known for its scale and commitment to excellence.
Key Responsibilities:
M&A Due Diligence & Audits
- Lead financial due diligence for insurance acquisitions and strategic partnerships.
- Manage large-scale on-site and remote audits, evaluating underwriting performance, claims reserves, and financial stability.
Accounting & IFRS (Including IFRS 17)
- Oversee implementation and compliance with IFRS 17 and related standards for statutory reporting.
- Identify and optimise accounting processes to ensure efficient booking flows and reduce manual interventions.
Risk Management & GRC (Insurance-Focused)
- Develop and refine Governance, Risk, and Compliance (GRC) frameworks aligned with regulatory bodies such as Solvency II.
- Monitor risk exposure across underwriting portfolios, claims, and reinsurance contracts.
Controlling & Reporting
- Supervise budgeting, forecasting, and variance analysis across Life, Non-Life, and Reinsurance lines.
- Design and deliver executive dashboards to communicate financial performance, claims ratios, and reserve adequacy.
Requirements
Qualifications:
- Financial Expertise
+ Proven experience in financial due diligence, audits, IFRS compliance, and controlling within the insurance sector. + Strong understanding of Solvency II, capital adequacy, and risk modeling.
- Analytical Tools & BI
+ Hands-on experience with BigQuery or similar data platforms. + Proficiency in dashboard creation tools (e.g., Power BI, Tableau) to generate actionable insights.
- Project Management & Leadership
+ Demonstrated success in managing cross-functional teams and facilitating stakeholder workshops. + Strong report writing, presentation, and communication skills.
- Professional Qualifications
+ CFA (completed or in progress); certifications such as CERA or other insurance risk credentials are a plus. + Deep knowledge of IFRS 17 and Solvency II frameworks
Benefits
Competitive compensation and benefits package:
- Competitive salary and performance-based bonuses
- Comprehensive benefits package
- Career development and training opportunities
- Flexible work arrangements (remote and/or office-based)
- Dynamic and inclusive work culture within a globally renowned group
- Private Health Insurance
- Retirement Benefits
- Paid Time Off
- Training & Development
- Performance Bonus
Note: Benefits differ based on employee level.