Senior Analyst Supervision (Insurance, Funds and Corporate Authorisations) Department

Senior Analyst
Supervision (Insurance, Funds and Corporate Authorisations)
Department
The Bermuda Monetary Authority (Authority or BMA) is seeking the
services of a skilled and capable individual to work as a Senior Analyst
in our Supervision (Insurance, Funds and Corporate Authorisations)
Department. Reporting to the Principal, the Senior Analyst will be
responsible for performing management reviews of a compliance nature,
statutory return analysis, solvency capital evaluation and monitoring of
selected businesses. They will report the findings and recommendations
to the Principal to discuss and develop an action plan.
This is a key role for the Authority and the postholder will be
responsible for but not limited to:
• Undertaking on-site reviews, supervisory colleges and analysis of
selected businesses and their respective capital models by utilising
various risk assessment methodologies and governance to evaluate
compliance with existing laws, regulations, policies, plans and
procedures
• Identifying risk issues and formulating reports on findings for
submission and discussion with management
• Developing agendas and schedules and attending prudential
meetings with financial entities to discuss findings of the review,
minute discussions/decisions and developing a corrective action plan
as appropriate
• Undertaking projects relating to the Department’s supervisory and
regulatory responsibilities, as requested
• Monitoring the market with a specific focus on developments in
the insurance industry (local and international), regulatory bodies/
regimes, accounting standards, as well as market information on
insurance companies via monitoring of key indicators, newspapers,
periodicals, media and relevant websites
• Monitoring identified high-risk registrants with compliance issues
by reviewing memoranda and timely direct follow-up with company
representatives
• Reviewing applications in accordance with existing legislation
• Performing other related work and special projects as assigned by
management in accordance with competencies normally associated
with the post
This position requires a proven technical and business background,
therefore, the post-holder must have:
• Bachelor’s degree in a business, finance or insurance-related field
and/or equivalent qualifications in insurance, finance, actuarial or
accounting from a recognised institution or professional body
• Minimum of five (5) years of relevant experience in the insurance,
financial services industry and/or work experience with a financial
regulatory body
The Bermuda Monetary Authority is the integrated regulator of
Bermuda’s financial services sector. We offer the opportunity for broad
exposure to international regulatory issues, special projects and a variety
of work experiences.
If you are looking for a challenging opportunity in a team environment,
we invite you to submit your application online via our ‘Careers at BMA’
page on www.bma.bm/vacancies. Applications for this position must be
received no later than 9 October 2026.
Bermuda Monetary Authority is an Equal Opportunity Employer
BMA House | 43 Victoria Street, Hamilton HM 12 | careers@bma.bm |
(441) 295 5278
Professionalism, Integrity, Accountability, Adaptability,
Collaboration