Cancel
This job is expired
Apply Now
Regulatory Accountant
Beacon Insurance Company Limited
- Port-of-Spain
- Not disclosed
- Permanent full-time
- Updated 23/09/2025
- Human Resources
The incumbent is expected to provide timely and accurate reports to the Chief Financial Officer; ensure the external audit is completed on time and all relevant regulatory reporting is submitted within the stipulated time frame throughout the financial year.
POSITION KEY RESPONSIBILITIES:
- Work with Internal Audit and Auditors to ensure the external audit is completed in a timely manner
- Provide audit schedules
- Prepare Annual Financial Statements in accordance with IFRS and regulatory standards
- Review and submit quarterly regulatory reporting forms to the regulators in all territories in which we operate.
- Respond to queries from regulators on reports submitted
- Review and prepare the monthly report for the CFO.
- Review the Unearned Premium Calculations
- Review Claims Outstanding schedule
- Prepare and review relevant schedules for completion of BOD reports
- Review calculation and analysis for quarterly tax payment
- Review calculation of annual tax calculations provided by consultants
- Prepare statutory calculations monthly for all territories
- Review Investment Schedule monthly
- Monitor statutory and regulatory requirements relating to investing activities
- To respond to any ad hoc requests that may arise from the CFO or Regulators.
- Manage time and attendance of staff members
- Conduct performance evaluation
- Set and monitor the achievement of SMART goals and initiatives within the Divisions.
- Manage staff members in line with company policies and procedures
- Create performance goals, training plans and professional development plans for staff members.
KEY TECHNICAL COMPETENCIES:
- Knowledge and understanding of the core principles of insurance and how this is applied on a day-to-day basis.
- Knowledge and understanding of the range of insurance products and services available in the market .
- Knowledge and understanding of regulatory requirements and how to meet these on a day-to-day basis. It is also about understanding the concept of operational risk and how this is controlled within organizations.
- Knowledge of claims and underwriting process.
- Knowledge of Beacon and the wider insurance market place and how this is applied on day-to-day basis.
KEY JOB SPECIFIC COMPENTENCIES:
- High knowledge and understanding of financial transactions and how it is applied on a day-to-day basis.
- High knowledge and understanding of financial reports such as statements and understanding of same.
- Considerable knowledge and understanding of the set of programs which is required for the day to day operations.
QUALIFICATIONS AND EXPERIENCE:
- ACCA qualified member or affiliate; or similar degree
- Certificate in Supervisory Management
- Minimum 7- 13 years Technical experience
- Minimum 3-7 years Supervisory Experience (Grade I -III)
Ref: BICL 134
Apply Now
Beacon Insurance Company Limited
- #13 Stanmore Avenue, Port of Spain, Trinidad West Indies
- 1 (868) 625-1113
Similar Jobs for you
Show More