Risk & Finance Analyst

Job Summary:

The Risk and Finance Analyst will play a critical role in supporting the operations and financial management of two captive insurance companies. This position is responsible for comprehensive risk analysis, financial reporting, and strategic support for the captive insurance program. This role requires a highly analytical, detail-oriented professional who can navigate complex financial landscapes while maintaining the utmost discretion and confidentiality.

Key Responsibilities:

• Conduct detailed financial analysis and risk assessments for the captive insurance companies.
• Prepare comprehensive financial reports and dashboards for leadership, highlighting key performance indicators, risk exposures, and financial performance.
• Assist in developing and maintaining underwriting guidelines and risk assessment methodologies.
• Support the actuarial process by analyzing claims data and challenging actuarial reports.
• Collaborate with internal stakeholders, including family office leadership and operating company representatives, to understand and address risk management needs.
• Perform in-depth research on insurance market trends, regulatory changes, and emerging risk factors that may impact the captive insurance strategy.
• Assist in the development and evaluation of potential new insurance lines or coverage expanses.
• Maintain detailed documentation of risk management processes, financial analyses, and strategic recommendations.
• Ensure compliance with regulatory requirements and reporting standards for captive insurance operations.
• Assist with budgets, forecasts, and other ad hoc risk and finance – related performance reporting.
• Perform other duties as assigned.

Required Skills, Knowledge and Abilities:

• Bachelor’s degree in finance, Risk Management, Actuarial Science, or related field.
• 3-5 years of experience in captive insurance, risk management, or financial analysis.
• Strong analytical skills with advanced proficiency in financial modeling and data analysis.
• Excellent understanding of insurance principles, risk management techniques, and financial reporting.
• Proficiency in advanced Excel, financial analysis software, and business intelligence tools.
• Ability to handle highly sensitive and confidential information with absolute discretion.
• Exceptional attention to detail and commitment to accuracy.
• Strong communication skills, able to translate complex financial and risk concepts for leadership.
• Demonstrated ability to work independently with a high degree of autonomy.
• Proven capability of maintaining strict confidentiality when dealing with family office matters.

Preferred Skills, Knowledge and Abilities:

• Professional certifications such as ARM (associate in risk management) or CPCU (Chartered Property Casualty Underwriter) preferred.

Working Conditions:

• Works in a normal office environment where there is no discomfort due to temperature, noise, dust and the like.