The posting
Full onsite - Head Office, Alabang
Mondays-Fridays 8AM-5PM
Job Description
We are seeking a highly analytical and detail-oriented Financial Planning & Reporting Head to lead the financial planning, budgeting, and reporting functions within the insurance sector. This role will ensure accurate financial analysis, regulatory compliance, and provide strategic decision-making support to senior management and key stakeholders.
Financial Planning & Budgeting
- Develop and manage annual budgets, financial forecasts, and strategic plans across all business lines.
- Lead quarterly and annual planning processes in collaboration with underwriting, claims, and investment teams.
- Prepare variance analyses and deliver insights on budget performance versus actual results.
- Support business development activities through financial modeling and profitability analysis.
Financial Reporting & Analysis
- Oversee preparation of monthly, quarterly, and annual financial statements in line with applicable accounting standards (IFRS/local GAAP).
- Ensure timely and accurate submission of regulatory reports to relevant authorities.
- Prepare management reporting packages, including KPIs, profitability analysis by product line, and trend analyses.
- Develop and maintain financial dashboards for executive and board-level reporting.
Risk Management & Compliance
- Collaborate with actuarial teams to analyze reserve adequacy and monitor loss ratios.
- Ensure compliance with solvency and capital adequacy requirements.
- Support internal and external audits, address findings, and implement recommendations.
- Monitor and report on key financial risks such as underwriting, investment, and operational risks.
Team Leadership & Development
- Lead, mentor, and develop a team of financial analysts and reporting specialists.
- Establish and maintain financial policies, procedures, and internal controls.
- Provide training on insurance accounting principles and regulatory requirements.
- Promote cross-functional collaboration with underwriting, claims, actuarial, and investment teams.
Required Qualifications
Education & Certifications
- Bachelors degree in Finance, Accounting, Economics, or related field.
- Professional certification (CPA, CFA, ACCA, or equivalent) preferred.
Experience
- 8 to12 years of progressive financial management experience, including at least 5 years in the insurance industry.
- Proven track record in financial planning, budgeting, and reporting in non-life insurance.
- Strong knowledge of insurance accounting principles and regulatory frameworks.
- Experience with statutory reporting and solvency regulations.
- Technical Skills
- Advanced proficiency in financial modeling and analysis tools.
- Familiarity with insurance core systems and accounting software.
- Understanding of actuarial concepts and insurance mathematics.
- Knowledge of regulatory reporting standards (IFRS 17, local regulations).



