FP&A - Insurance

Hong Kong
28 Sep 2018
30 Sep 2018
Contract type
Full time

Key Responsibilities

Assists Manager and Head of FP&A to develop and implement business budget and the strategic plan process:

  • Work with department managers and actuaries to prepare the 3 years strategic plan and the yearly budget
  • Assist in the plan preparation discussions with internal departments, Regional Office and Head Office Planning departments
  • Conduct research necessary to prepare forecasts using multiple scenarios; reviews trends and regulatory changes impacting business
  • Conduct market benchmark to provide comparisons

Support the Managers in the control and execution of budget and strategic plan:

  • Prepare actual vs budget performance report and analyze the variances
  • Complete Group required templates for the review and analyze business performance, including a review of actual and budgeted data
  • Assist in developing policies & processes on budget monitoring and control
  • Support Managers to prepare special management reports for senior management with robust commentary and financial analysis

Ensuring efficient and timely on-going budget review & supporting the Managers & Head of Planning to serve the needs of business heads:

  • Prepare actual vs budget reports on a monthly/quarterly/annual basis in collaboration with the Business Units, Accounting, and Actuarial departments, identifying any areas of concern and remedial actions
  • Organize budget meetings with all departments.
  • Assist preparation of group reports to the Regional Office and Head Office departments
  • Review operational and financial reports, make recommendation for improvements; works with departments to compile data necessary to analyze and determine operational and financial efficiency;
  • Conducts cost-benefit analyses as required to assist in making management decisions regarding benefits of current and proposed program proposals, capital budgets, etc.; creates financial models
  • Reviews performance indicators of business activity, prepares comparisons with benchmarks;
  • Assists with the compilation of routine and ad hoc reports as needed

Qualification and Experience Requirement

Education: Degree holder in accounting and finance with accounting qualification

Experience: 5+ years of hands on experience in management / financial reporting and planning experience in insurance companies


  • Proficiency in PC skills (i.e. MS Excel, Word, Powerpoint); experience in Life400, SUN Accounting System, Cognos & Tm1.
  • Able to multi task regularly and meet tight deadlines. A natural team player and self-motivated with good attention to detail and accuracy.
  • Fluent in both English and Chinese.

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