Senior Analyst, Supervision (Insurance, Funds and Corporate Authorisations)
Bermuda Monetary Authority
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 the regulatory supervision activities for insurance managers and intermediaries, including monitoring performance, analysing regulatory reporting, performing on-sites and undertaking appropriate supervisory actions in accordance with legislation.
This is a key role for the Authority, and the postholder will be responsible for, but not limited to:
- Undertaking on-site reviews and analysis of insurance managers and intermediaries, by utilising various risk assessment methodologies to evaluate compliance with existing laws, regulations, policies, plans and procedures and/or identifying risk issues and formulating reports on findings for submission and discussion with management
- Developing agendas, schedules and attending prudential meetings with insurance managers and intermediaries to discuss findings of reviews, minute discussions/decisions and developing corrective action plans, as appropriate
- Undertaking projects utilising skills related to meeting the department’s supervisory and regulatory responsibilities
- 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
- Working as part of the Supervision team to achieve departmental objectives
- Performing other related work and special projects 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:
- A bachelor’s degree or equivalent qualification in a financial or accounting discipline from a recognised institution or professional body
- A minimum of five (5) years relevant experience working within a regulated financial services business, preferably as an insurance manager or intermediary
- Experience conducting or participating in on-site reviews
- Experience in the evaluation of corporate governance structures, risk management frameworks and/or internal controls
- A willingness to work outside of normal business hours if required
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 22 June 2026.
Bermuda Monetary Authority is an Equal Opportunity Employer
BMA House | 43 Victoria Street, Hamilton HM 12 | [email protected] | (441) 295 5278
Professionalism, Integrity, Accountability, Adaptability, Collaboration