Financial Analyst

About the role:

You will be a part of a pool of analysts and will be responsible for analyzing the financial performance of the Business Unit Life & Health Reinsurance (BU L&H Re). We support our leading client managers and underwriter in managing and steering their client relationships and portfolios. Within your role, you will be initially focusing on either a specific region, resp. Client segment (Americas / EMEA / Asia / Global).

The core activities of the Financial Analyst in the Life & Health (L&H) FP&A team include:

• Liaison with Finance Operations on quarterly L&H projections process. Based on market unit submissions, review, and steer management from analysis of significant variances between Actuals, Projections and Plan  

• Work in close collaboration with colleagues in Finance Operations, Valuation & Analysis and Underwriting on topics related to the analysis of deals in pipelines, renewal data etc

• Business partnering with stakeholders/client markets by communicating key performance metrics to business in a way that is easily understood by people not dealing on an every-day basis with data/reports

• Assist to streamline activities as required for IFRS17 implementation for Finance, by having full understanding on the flow of the end-to-end business and finance operations, ledger closing and financial reporting (e.g., New Business and Business Plan)

• Analyze market, client, and underwriting portfolios' performance, explain performance drivers, and regularly work on quickly emerging ad-hoc tasks

• Involve in the analysis of IFRS business results and outputs from the reporting system, ensuring consistent valuation is observed as compared to the analysis performed under the Business Impact workstream

• Support on carving out the plan numbers for the next year in coordination with the Client Markets, BU FP&A, Valuation and Pricing Team.    

About the team:

L&H FP&A drives sustainable performance as Performance Architect and Commercial Advisor of the BU by crafting transparency on the financial performance, driving performance strategy, enabling resource & capital allocation, supporting performance initiatives, and providing commercial advice. Within L&H Finance, Bangalore team is an integral part and supports the global FP&A functions through data management, performance analysis and reporting, forward-looking modelling, and analytics. The financial analyst is a key role within an agile and driven team, providing the opportunity to delve into financial performance data managing key stakeholder data requests