Company Overview

Our client is one of the main financial institutions on the island. They are looking for an Insurance Agency Operations Analyst.

Job Summary

Validate accounting and operations activities to guarantee the business information accuracy, continuity, and compliance, including but not limited to, GL transactions, payments, audits, budgets/forecast, business results reporting, IT systems development and contingency plans. Work closely with Insurance Director to establish the strategic plan, including marketing, sales, and financial results, complying with all laws and regulations.

Responsibilities and Duties

• Responsible for preparing and sending the daily penetration reports of credit related products.
• Prepare and analyze monthly closing process including, but not limited to monthly revenue report, account receivable monthly report, aging report, Agencies’ revenue summary report.

• Responsible for preparing and analyzing the weekly scorecard report to be presented to management. Prepare and deliver monthly presentations to Management for Business Committees and Board of Directors, with monthly Insurance Agency’s financial and marketing results.
• Analyze the business development by preparing the monthly forecast report by company and line of business. Update spreadsheets and Agency’s databases with statistical, financial, and non-financial information.
• Accountable of reviewing regulatory process to comply with the Office of the Commissioner of Insurance due dates and present recommendation to develop and strengthen the process.
• Prepares and/or approves financial activities, such as journal entries, cancellations, reconciliations, check requests and accounts receivable. Interacts and works together with the Controllership Department and assures the accounting cycle is properly managed.

• Prepare and update operational procedure (Manual).
• Coordinate efficient processes through IT enhancements and projects
• Responsible for reviewing and maintaining the Agency’s Contingency Plan.
• Responsible for renewing the Agency’s corporate licenses with the Office of the Insurance Commissioner and submitting regulatory report to the Office of the Commissioner of Insurance.
• Undertake daily administrative tasks to ensure the functionality and coordination of the Agency’s activities.

• Bachelor’s degree in business administration, mayor in accounting preferable or equivalent
• Broad and deep knowledge of a discipline, such as sales, finance, or business administration, and that requires the use of broad theoretical knowledge.
• Insurance Licenses required: Miscellaneous(P&C), Life and Disability.
• (5) years in a similar position

• Strong knowledge about insurance industry and products
• Available to work extended hours when required.
• Solid computer skills, including MS Office
• Excellent communication and presentation skills
• Experience in Insurance Industry
• Fully bilingual (English and Spanish)
• Accuracy and attention to detail
• Attention to detail.
• Ability to read and understand financial statements that present accounting issues reasonably expected
• Agile Product Delivery
• Strategic Planning and Organization
• Critical and Analytical Thinking