Job Description

Key Responsibilities:

Financial Planning & Budgeting

• Develop and oversee annual budgets, financial forecasts, and strategic plans across all business lines
• Lead the quarterly and annual planning processes, coordinating with underwriting, claims, and investment teams
  Prepare variance analysis and provide insights on budget performance against actuals
• Support business development initiatives with financial modeling and profitability analysis

Financial Reporting & Analysis

• Oversee preparation of monthly, quarterly, and annual financial statements in  accordance with applicable accounting standards (IFRS/local GAAP)
• Ensure timely and accurate regulatory reporting to insurance authorities and other regulatory bodies
• Prepare management reporting packages including key performance indicators, profitability analysis by product line, and trend analysis
  Develop and maintain financial dashboards for executive leadership and board reporting

Risk Management & Compliance

• Collaborate with actuarial teams on reserve adequacy analysis and loss ratio monitoring
• Ensure compliance with solvency requirements and capital adequacy regulations
• Support internal and external audit processes, addressing findings and implementing recommendations
• Monitor and report on key financial risks including underwriting, investment, and operational risks

Team Leadership & Development

• Lead and develop a team of financial analysts and reporting specialists
• Establish and maintain financial policies, procedures, and internal controls
• Provide training and guidance to team members on insurance accounting principles and regulatory requirements
• Foster cross-functional collaboration with underwriting, claims, actuarial, and investment departments

Qualifications:

• Bachelor's degree in Finance, Accounting, Economics, or related field
• Professional qualification (CPA, CFA, ACCA, or equivalent) preferred
• 8-12 years of progressive financial management experience, with at least 5 years in insurance industry
• Proven experience in financial planning, budgeting, and reporting within non-life insurance
• Strong background in insurance accounting principles and regulatory frameworks
• Experience with statutory reporting requirements and solvency regulations

Work set up: Onsite, Muntinlupa Office