Finance & Compliance Analyst - Bermuda Operations in Hamilton
Finance & Compliance Analyst - Bermuda Operations

Finance & Compliance Analyst - Bermuda Operations in Hamilton

Hamilton Full-Time 60000 - 80000 £ / year (est.) No home office possible
Reinsurance Group of America, Incorporated

At a Glance

  • Tasks: Join RGA to manage finance and compliance projects in Bermuda's reinsurance sector.
  • Company: RGA, a Fortune 200 company focused on life and health solutions.
  • Benefits: Gain valuable experience, training opportunities, and a supportive work environment.
  • Other info: Collaborative culture with access to senior management and global operations.
  • Why this job: Make a real impact in financial protection while advancing your career.
  • Qualifications: Bachelor’s degree in finance or related field; 3+ years in finance/compliance roles required.

The predicted salary is between 60000 - 80000 £ per year.

You desire impactful work. You’re RGA ready. RGA is a purpose-driven organization working to solve today’s challenges through innovation and collaboration. A Fortune 200 Company and listed among its World’s Most Admired Companies, we’re the only global reinsurance company to focus primarily on life- and health-related solutions. Join our multinational team of intelligent, motivated, and collaborative people, and help us make financial protection accessible to all.

A Brief Overview

The role is an excellent opportunity to join RGA's growing team in Bermuda and to gain valuable in-depth experience in the fast-growing long term reinsurance sector on the island. Reporting directly to the Bermuda Chief Financial Officer, and working closely with the Bermuda Head of Compliance, the successful candidate will contribute to high-profile finance and regulatory compliance initiatives managed by both the finance and compliance teams, providing direct project management skills and direct day-to-day reporting support, whilst gaining a deep understanding of RGA's global business and operations. The role has excellent access to RGA's senior management, growth, training and development opportunities and would be perfect for an ambitious and motivated insurance professional keen to take the next step in their career on island.

What you will do

  • Financial Reporting: Contribute to the preparation of comprehensive finance management reports and Board presentations for senior leadership and the Board of Directors of RGA’s Bermuda registered legal entities.
  • Regulatory Reporting: Assist in preparation of materials, presentations and reports to be submitted to regulatory bodies, including the Bermuda Monetary Authority and Registrar of Companies.
  • Project Management: Lead and coordinate finance and compliance-related projects, ensuring timely delivery and stakeholder communication across RGA’s operations both in Bermuda and in other global RGA offices.
  • Compliance Process Development: Assist in designing and implementing compliance-specific internal control processes in line with Bermuda legal and regulatory requirements, and the RGA Global Compliance program.
  • Budget Management: Assist in developing, monitoring, and analyzing the operating expense budget of the Bermuda operations. Prepare ongoing analytical review and investigate variances.
  • Internal Controls: Support the continued design and implementation of legal entity-specific internal control processes and frameworks in compliance with international standards and local to ensure financial integrity.
  • Regulatory Reporting: Prepare compliance management reports and Board presentations in accordance with Bermuda regulatory requirements.
  • Treaty Compliance: Working with the Head of Compliance, Chief Pricing Officer and regional Business Development teams, develop and maintain and monitor a treaty compliance program, ensuring all internal and external reporting requirements established in reinsurance treaties are completed in a timely fashion.
  • Compliance Monitoring: Working with the Head of Compliance and RGA’s Global Compliance function to develop processes for ongoing monitoring of group compliance requirements, leveraging group compliance policies and procedures where practical.
  • Compliance Training: Coordinate regular and ad-hoc compliance training for Bermuda Home Office employees, including monitoring participation and ensuring the completion of scheduled mandatory training modules.

Qualifications

  • Bachelor’s Degree in Arts/Sciences (BA/BS) in Finance, Accounting, Business Administration, or related field required.
  • Post‑graduate or professional qualification in related field, or in process of obtaining such qualification preferred.
  • 3+ Years experience in finance, regulatory and/or compliance roles in the Bermuda insurance and reinsurance industry required.
  • Previous experience with regulatory reporting and compliance programs required.
  • Project management experience required.
  • 5+ Years experience in finance and/or compliance roles in the Bermuda insurance and reinsurance industry preferred.
  • Excellent numeracy skills required.
  • Excellent data management skills required.
  • Understanding of Bermuda insurance and reinsurance regulations; regulatory framework; insurance or reinsurance reporting requirements required.
  • Advanced oral and written communication skills, demonstrating the ability to convey business terminology that is meaningful and well received required.
  • Investigative, analytical and problem solving skills required.
  • Must be able to travel as required.
  • Advanced knowledge and proficiency in MS Office applications (Word, Excel, PowerPoint, Teams, OneDrive, Sharepoint), required.
  • Working knowledge of other key business technologies including Project Management tools, Workflow Management (Workiva), databases, Artificial Intelligence tools and CRM, required.
  • Understanding of US GAAP, and Bermuda Statutory Accounting reporting preferred.
  • Knowledge of life, health, or annuity insurance products preferred.
  • Knowledge of BMA‑issued regulations, filing requirements and guidance notes as applicable to a Long‑Term insurer/reinsurer preferred.
  • Advanced knowledge of key technologies including key business technologies including Project Management tools, Workflow Management (Workiva), databases, Artificial Intelligence tools and CRM preferred.
  • Insurance or reinsurance industry certifications preferred.

What you can expect from RGA:

  • Gain valuable knowledge from and experience with diverse, caring colleagues around the world.
  • Enjoy a respectful, welcoming environment that fosters individuality and encourages pioneering thought.
  • Join the bright and creative minds of RGA, and experience vast, endless career potential.

Finance & Compliance Analyst - Bermuda Operations in Hamilton employer: Reinsurance Group of America, Incorporated

RGA is an exceptional employer, offering a dynamic work environment in Bermuda that prioritises innovation and collaboration. Employees benefit from direct access to senior management, extensive training and development opportunities, and a culture that values individuality and pioneering thought, making it an ideal place for ambitious professionals seeking meaningful career growth in the reinsurance sector.
Reinsurance Group of America, Incorporated

Contact Detail:

Reinsurance Group of America, Incorporated Recruiting Team

StudySmarter Expert Advice 🤫

We think this is how you could land Finance & Compliance Analyst - Bermuda Operations in Hamilton

✨Tip Number 1

Network like a pro! Reach out to current employees at RGA or in the Bermuda insurance scene. A friendly chat can give you insider info and maybe even a referral, which is always a bonus!

✨Tip Number 2

Prepare for interviews by diving deep into RGA's values and recent projects. Show us that you’re not just another candidate; you’re genuinely excited about making financial protection accessible to all.

✨Tip Number 3

Practice your project management skills! Be ready to discuss how you've led finance or compliance projects in the past. We want to see your ability to coordinate and communicate effectively.

✨Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets the attention it deserves. Plus, it shows you’re serious about joining our team.

We think you need these skills to ace Finance & Compliance Analyst - Bermuda Operations in Hamilton

Financial Reporting
Regulatory Reporting
Project Management
Compliance Process Development
Budget Management
Internal Controls
Treaty Compliance
Compliance Monitoring
Compliance Training
Numeracy Skills
Data Management Skills
Understanding of Bermuda Insurance Regulations
Advanced Communication Skills
Analytical Skills
Problem-Solving Skills
Proficiency in MS Office Applications

Some tips for your application 🫡

Tailor Your CV: Make sure your CV is tailored to the Finance & Compliance Analyst role. Highlight relevant experience in finance, regulatory reporting, and project management. We want to see how your skills align with what we're looking for!

Craft a Compelling Cover Letter: Your cover letter is your chance to shine! Use it to explain why you're passionate about the role and how you can contribute to RGA's mission. Keep it concise but impactful – we love a good story!

Showcase Your Skills: Don’t forget to showcase your analytical and problem-solving skills in your application. Mention specific tools or technologies you've used, especially those related to compliance and finance. We’re keen on candidates who can hit the ground running!

Apply Through Our Website: We encourage you to apply through our website for a smoother process. It helps us keep track of your application and ensures you don’t miss out on any important updates. Plus, it’s super easy!

How to prepare for a job interview at Reinsurance Group of America, Incorporated

✨Know Your Numbers

As a Finance & Compliance Analyst, you'll be dealing with financial reports and regulatory compliance. Brush up on your numeracy skills and be prepared to discuss specific financial metrics or reports you've worked on in the past. This shows you’re not just familiar with numbers but can also interpret and analyse them effectively.

✨Understand Regulatory Frameworks

Familiarise yourself with Bermuda's insurance and reinsurance regulations. Be ready to discuss how these regulations impact financial reporting and compliance processes. Showing that you understand the local regulatory landscape will demonstrate your commitment to the role and the company.

✨Project Management Prowess

Since project management is a key part of this role, think of examples where you've successfully led finance or compliance projects. Be prepared to explain your approach to stakeholder communication and how you ensured timely delivery. This will highlight your organisational skills and ability to manage multiple priorities.

✨Communicate Clearly

Advanced oral and written communication skills are essential for this position. Practice articulating complex financial concepts in simple terms. During the interview, aim to convey your thoughts clearly and confidently, as this will reflect your ability to communicate effectively with senior management and regulatory bodies.

Finance & Compliance Analyst - Bermuda Operations in Hamilton
Reinsurance Group of America, Incorporated
Location: Hamilton

Land your dream job quicker with Premium

You’re marked as a top applicant with our partner companies
Individual CV and cover letter feedback including tailoring to specific job roles
Be among the first applications for new jobs with our AI application
1:1 support and career advice from our career coaches
Go Premium

Money-back if you don't land a job in 6-months

>