Job Status: Active
One of our client is looking to hire Financial Analyst (General Insurance) – Mid-Level
Key Responsibilities:
• Prepare financial reports highlighting key performance indicators (KPIs) such as premiums, claims ratios, loss ratios, and profitability metrics; present findings and recommendations to senior management.
• Collaborate with pricing and actuarial teams to evaluate and refine pricing strategies; conduct financial modeling and profitability analysis for insurance products.
• Analyze claims data to identify trends, cost drivers, and anomalies; track claims frequency, severity, and cost inflation.
• Assess the financial impact of reinsurance structures (quota share, surplus, XL) on net results and capital position.
• Support strategic planning by providing scenario analysis and financial impact assessments of new initiatives.
• Partner with cross-functional teams, including Underwriting, Actuarial, and Finance, to align financial analysis with business strategies.
• Provide ad-hoc financial analysis and reporting, including regulatory impact assessments and competitor benchmarking.
Requirements:
• Bachelor’s degree in Finance, Accounting, Economics, Actuarial Science, or related discipline.
• 3–5 years of relevant experience in financial analysis or planning, with prior experience in general insurance (mandatory).
• Strong understanding of insurance industry finance and terminology; knowledge of insurance financial statements, solvency concepts, and IFRS 17 fundamentals.
• Advanced Excel (modeling, pivot tables, Power Query) and solid SQL or equivalent data skills.
• Effective communication and presentation skills, with the ability to translate technical financial details into actionable business insights.
Preferred Qualifications:
• Master’s degree (MBA/Finance) or professional designation (CFA, CPA, CII, or actuarial exams in progress).
• Exposure to global insurance markets and familiarity with rating-agency frameworks (AM Best, S&P).
• Experience with business intelligence tools (Power BI, Tableau) and cloud-based data platforms.
• Working knowledge of Solvency II, Bermuda Solvency Capital Requirement, or equivalent regimes.
• Fluency in English required; Arabic is advantageous.
Interested contenders may apply by emailing their updated profiles to recruitment@metierme.net with the subject line mentioned as ‘Financial Analyst (General Insurance)’
Please note that only shortlisted candidates will be contacted for a further discussion.