Director of Financial Planning and Analysis

We are seeking a highly analytical and detail-oriented Financial Planning & Reporting Head to join our finance team within the insurance industry. Lead the financial planning, budgeting, and reporting functions for a non-life insurance company, ensuring accurate financial analysis, regulatory compliance, and strategic decision support for senior management and stakeholders.Financial Planning & BudgetingDevelop and oversee annual budgets, financial forecasts, and strategic plans across all business linesLead the quarterly and annual planning processes, coordinating with underwriting, claims, and investment teamsPrepare variance analysis and provide insights on budget performance against actualsSupport business development initiatives with financial modeling and profitability analysisFinancial Reporting & AnalysisOversee 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 bodiesPrepare management reporting packages including key performance indicators, profitability analysis by product line, and trend analysisDevelop and maintain financial dashboards for executive leadership and board reportingRisk Management & ComplianceCollaborate with actuarial teams on reserve adequacy analysis and loss ratio monitoringEnsure compliance with solvency requirements and capital adequacy regulationsSupport internal and external audit processes, addressing findings and implementing recommendationsMonitor and report on key financial risks including underwriting, investment, and operational risksTeam Leadership & DevelopmentLead and develop a team of financial analysts and reporting specialistsEstablish and maintain financial policies, procedures, and internal controlsProvide training and guidance to team members on insurance accounting principles and regulatory requirementsFoster cross-functional collaboration with underwriting, claims, actuarial, and investment departmentsRequired Qualifications:Education & CertificationsBachelor's degree in Finance, AccountingProfessional qualification (CPA, CFA, ACCA, or equivalent) preferredExperience8-12 years of progressive financial management experience, with at least 5 years in insurance industryProven experience in financial planning, budgeting, and reporting within non-life insuranceStrong background in insurance accounting principles and regulatory frameworksExperience with statutory reporting requirements and solvency regulationsTechnical SkillsAdvanced proficiency in financial modeling and analysis tools Knowledge of insurance core systems and accounting softwareUnderstanding of actuarial concepts and insurance mathematicsFamiliarity with regulatory reporting standards (IFRS 17, local regulations)