Financial Analyst – Insurance Accounting

While we appreciate all applicants, only applications received via Sagicor's career portal https://career4.successfactors.com/career?company=sagicorfinP2 will be considered. Career Opportunities

Looking for a diverse and rewarding career? If you're looking to grow your career within a stable and growing financial services company, then Sagicor may be right for you!"

Sagicor Group Jamaica Limited is seeking to identify a suitable candidate to join our Insurance Accounting team in the capacity of:

 Financial Analyst – Insurance Accounting

Assist the Finance division in the accounting, budgeting, reporting, analysis and documentation functions of the company.

Leverage a strong accounting and compliance background to explore financial statement analysis, historical financial data and predict future results.

Location: Kingston

 As A Financial Analyst – Insurance Accounting, you will:

• Prepare financial reports/ analyses for use in management decision making, budgeting and planning of the insurance entities in the Group.
  • Analyze financial data and create financial models to support reporting and decision making.
  • Provide analyses of trends and forecasts and recommend actions for optimization.
  • Prepare routine financial statements/ reports (including routine IFRS note disclosures and financial information/ reports requested by regulators or other statutory authorities.)
  • Assist with the preparation of monthly and quarterly management reports including written explanations of variances between budget and prior periods.
  • Prepare other financial reports as required or directed for use by management or the Board of Directors.
  • Prepare appropriate working papers and analyses to support the annual budgets.
• Utilize technology to build various executive financial dashboards and reports for administrative expenses.
• Prepare expense allocation files and related journals for financial reporting, IFRS 17, reporting packages and annual financial statements.
• Review expenses accounts and assist in reviewing accruals and prepayment schedules in order to conclude on completeness and accuracy of administrative expenses.
• Prepare list of one-off expense for specified periods for reporting.
• Prepare related budgeted expense schedules.
• Prepare audit schedules and assist with audit clearance.
• Prepare and review IFRS 17 reports and analyses.
• Review assigned processes and accounts and develop models for transfer to business units.
• Prepare other financial reports or other requirements for the insurance accounting department as the need arises.
• Perform any other related duties that may be assigned.

What do you need?

• Bachelor’s degree in Accounting, Economics, Management Studies or equivalent qualification from a recognized tertiary institution.
• Minimum of two (2) years’ working experience in the financial industry.
• Knowledge of IFRS 17 and risk integrity would be an asset.
• Knowledge of the company’s products, services, and operations.
• Knowledge of any relevant regulatory requirements and applicable tax law.
• Thorough knowledge of accounting principles and practices.
• High level of proficiency in the use of computer software packages such as spreadsheet applications.
• Proficiency in software used by the Group to record financial transactions.
• A working knowledge of a broad range of disciplines such as basic financial analysis/ modelling and process documentation techniques.
• Ability to deliver high quality documentation.
• Attention to detail.
• Ability to quickly grasp complex concepts and translate them into easily understandable documents and charts.
• Excellent communication skills.
• Excellent organizational and time management skills with the ability to work with multiple tasks simultaneously.

If this role is of interest to you, kindly submit an application via Sagicor's career portal no later than February 7, 2025. 

While we appreciate all applications, only shortlisted candidates will be contacted.