FINANCIAL ANALYST STAFF - REINSURANCE

Job Description:

Support the production and delivery of accurate, timely financial and regulatory reporting for a general insurance business. Working within the Finance & Accounting team, this role spans monthly close activities, preparation of management and statutory accounts, regulatory submissions, and analysis of underwriting and financial results — with close collaboration across Underwriting, Claims and IT.

Key Responsibilities

1. Monthly Close & Financial Control

• Execute period-end close activities in line with the agreed timetable, including trial balance review, journal posting and sub-ledger to GL reconciliations
• Perform closing checks across key balance sheet accounts — premium debtors, unearned premium reserve (UPR), claims provisions, reinsurance balances and suspense accounts
• Prepare and post accruals, prepayments and reinsurance entries, ensuring completeness and accuracy of the general ledger at each period-end
• Maintain and update the close control checklist; escalate unresolved items with clear documentation of financial impact and proposed resolution
• Support the year-end audit process, preparing audit schedules, reconciliations and responses to external auditor queries.

2. Management Accounts & Reporting Pack

• Prepare monthly management accounts including P&L, balance sheet and cash flow for the general insurance entity or business units
• Produce finance packs for the CFO, ManCom and Board, incorporating commentary on performance against budget, prior year and rolling forecast
• Report GI-specific metrics — gross written premium (GWP), net earned premium (NEP), loss ratio, expense ratio and combined ratio — with segment-level breakdowns by line of business
• Collaborate with Claims and Consulting Actuary to ensure claims reserves, IBNR and liability movements are accurately reflected in management accounts
• Maintain and improve standard reporting templates, ensuring consistency and reducing manual effort at each close cycle.

3. Statutory, Regulatory & IFRS 17 Reporting

• Assist in the preparation of IFRS4 and IFRS 17-compliant statutory financial statements
• Support preparation of all regulatory reports required by the Insurance Commission, SEC, BSP
• Maintain consistency between IFRS 17 accounts, Solvency returns and management accounts, identifying and explaining any bridging items
• Prepare Companies Act annual report disclosures under IAS 1, IFRS 9 and IFRS 4 and 17, ensuring compliance with current accounting standards and regulatory guidance
• Coordinate with external auditors and the Appointed Actuary on the audit of insurance contract liabilities and actuarial assumptions.

Shift: Dayshift
Setup: Onsite
Location: Muntinlupa

By Applying, you give consent to collect, store, and/or process personal and/or sensitive information for the purpose of recruitment and employment may it be internal to Cobden & Carter International and/or to its clients.