Bermuda Finance Director in Pembroke

At Corebridge Financial, we believe action is everything. That’s why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

The Bermuda Finance Director serves as the lead Finance executive on-island and will be responsible to oversee, coordinate and ensure that all of the finance functions responsibilities and deliverables to support the Bermuda operations are being delivered on a timely and accurate basis. This includes responsibilities related to financial reporting, regulatory reporting and capital, liquidity management and forecasting and planning. This role will work closely with the General Manager of Bermuda and will lead and set goals for the local finance team, to organize the finance department of the Bermuda operations while embracing improvement of finance processes and run a ‘best in class’ finance function.

About the Role

• Ensure that all Economic Balance Sheet, Statutory Financial Statement and US GAAP reporting requirements (Annual, Quarterly, and ad hoc) of the Bermuda entity are met on time and to the standards required by the Bermuda Monetary Authority.
• Coordinate efforts and collaborate with other partners of Finance, including Controllership, Tax, Treasury, Capital Planning and FP&A to ensure Finance is delivering on all its deliverables and responsibilities to the Bermuda operations.
• Maintain current earnings, capital and liquidity projections for the Bermuda operations in partnership with FP&A, Treasury, Actuarial and Capital Planning.
• Foster excellent working relationships with other departments, such as Enterprise Risk Management, Internal Audit and others.
• Ensure requests from Internal and External Auditors are addressed, ensure full compliance, build and maintain controls as appropriate.
• Review and sign off on significant and/or adhoc transactions for the Bermuda entity such as dividends, loans, material accounting changes, commutations, capital events, etc.
• Oversee all elements of monthly, quarterly and year-end close processes.
• Ensure all accounts are reconciled and reviewed, review intercompany reconciliations and settlements.
• Coordinate with actuarial team for the quarterly assessment of reserves, and adhoc reserve studies, while ensuring compliance with actuarial practices and local standards.
• Review of new reinsurance deals, renewal of existing transactions, and any other material transactions to ensure profitability targets are achieved and assess impacts to Capital, Cash Flows and other significant financial metrics.

Experience Required

• Qualified accountant (CA CPA, ACCA or equivalent) with 10+ years post-qualification experience in the (re)insurance industry.
• Extensive current working knowledge of Bermuda regulatory account and reporting requirements for Class E Companies as well as proficiency with US GAAP.
• Strong financial acumen with ability to communicate and express ideas both clearly and concisely with Senior Executives, Regulators and Auditors.
• Operate with an enterprise mindset, leading with industry expertise, a strategic focus and capacity for calculated decision-making.
• Ability to adapt and innovate by evaluating the enterprise and industry environment for strategic shifts that can generate new opportunities for future success.

This role is deemed a “covered associate” under SEC Rule 206(4)-5, 17 CFR § 275.206(4)-5, Political contributions by certain investment advisers, and other federal and state pay-to-play rules. Candidates for the role must not have made any political contributions that, under 17 CFR § 275.206(4)-5 or other federal or state pay-to-play regulations, would disqualify the candidate or Corebridge Financial from conducting Corebridge Financial’s business, or that would otherwise create a conflict of interest for Corebridge Financial. Applicants who are selected to move forward with the application process will be required to disclose all U.S. political contributions they and their household family members have made over the past two years.

Why Corebridge?

At Corebridge Financial, we prioritise the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Volunteer Time Off: Employees may use up to 16 volunteer hours annually to support activities that enhance and serve communities where employees live and work.
• Paid Time Off: Eligible employees start off with at least 24 Paid Time Off (PTO) days so they can take time off for themselves and their families when they need it.

Eligibility for and participation in employer-sponsored benefit plans and Company programs will be subject to applicable law, governing Plan document(s) and Company policy. We are an Equal Opportunity Employer. Corebridge Financial is committed to being an equal opportunity employer and we comply with all applicable federal, state, and local fair employment laws. All applicants will be considered for employment based on job-related qualifications and without regard to race, color, religion, sex, gender, gender identity or expression, sexual orientation, national origin, disability, neurodivergence, age, veteran status, or any other protected characteristic. The Company is also committed to compliance with all fair employment practices regarding citizenship and immigration status. At Corebridge Financial, we believe that diversity and inclusion are critical to building a creative workplace that leads to innovation, growth, and profitability. Through a wide variety of programs and initiatives, we invest in each employee, seeking to ensure that our colleagues are respected as individuals and valued for their unique perspectives.

Corebridge Financial is committed to working with and providing reasonable accommodations to job applicants and employees, including any accommodations needed on the basis of physical or mental disabilities or sincerely held religious beliefs. If you believe you need a reasonable accommodation in order to search for a job opening or to complete any part of the application or hiring process, please send an email to . Reasonable accommodations will be determined on a case-by-case basis, in accordance with applicable federal, state, and local law. We will consider for employment qualified applicants with criminal histories, consistent with applicable law.