Financial Modeling Specialist (Insurance Industry)

Position Title: Senior Finance Analyst
Work Location: Alabang, Muntinlupa City
Work Setup: Onsite
Work Schedule: Day Shift

Qualifications:
-Bachelor’s degree in Finance, Accounting, Economics, or a related field; CPA or CFA preferred.
-5+ years of experience in financial analysis, preferably within the insurance industry (P&C, life, or health).
-Strong knowledge of non-life insurance financial statements and key industry metrics.
-Advanced Excel skills and proficiency with financial systems (e.g. SAP, Inforsun).
-Highly organized with attention to detail.
-Ability to multitask, prioritize and deliver results on time under pressure.
-Flexibility to meet continuously changing priorities and challenges.
-Good written and verbal communication skills.
-Ability to work independently and as part of a team

Job Summary/Description
-We are seeking a highly analytical and detail-oriented Senior Finance Analyst to join our finance team within the insurance industry. This role will play a key part in financial planning, analysis, and reporting processes. The ideal candidate will have a strong understanding of insurance operations, financial modeling, and regulatory requirements, and will provide actionable insights to support strategic decision-making.

Responsibilities/Duties
-Develop and maintain complex financial models to support business forecasting, budgeting, and strategic planning.
-Analyze underwriting performance, claims trends, loss ratios, and reserve adequacy to identify business risks and opportunities.
-Prepare monthly, quarterly, and annual financial reports, including variance analysis and commentary for senior leadership.
-Collaborate with actuarial, underwriting, and claims teams to ensure alignment of financial metrics with operational performance
-Monitor key financial and operational KPIs specific to the insurance industry, such as combined ratio, expense ratio, and policy retention rates.
-Assist with regulatory reporting requirements (e.g., IFRS 17) and ensure compliance with applicable standards.
-Participate in the development of annual business plans and rolling forecasts.
-Support ad-hoc financial analysis and business case development for new initiatives or market expansion.
-Analyze the booking of reinsurance premiums, expense, income, and losses.
-Supervise reinsurance accounting.
-Financial Reporting (Reinsurance):
>Preparation of profit and loss analysis.
>Preparation of balance sheet analysis.
>Preparation of cash flow forecast analysis.
>Preparation of assigned financial reports and ensures accuracy and compliance with
set KPI.