Expense Analyst

Job Purpose

Support the regular performance management processes for the total company- General and Life segments business unit’s expenses (Conventional and Takaful), providing sound financial analysis and enhanced business insight.

Job Responsibilities

• Complete regular monitoring of expense accounts, to ensure expenses to be parked appropriately to the respective accounts.
• To monitor recharges from Region, Group and shared services.
• Prepare monthly expense accruals.
• Prepare monthly expenses and FTE reporting with insightful commentary.
• To provide variance analysis and commentary on comparisons for Group, Regional and Local regulatory reporting.
• Provide input for monthly expense forecasts, to ensure inputs from stakeholders such as HR, IT CREWS and respective cost centre owner are prudence.
• Liaise with Financial Accounting team to ensure the accuracy of monthly financial results submission.
• To analyse the financial data and able to highlight the abnormally (if any) to the line manager.
• Assist in writes-up of commentaries for monthly performance packs and relevant segment reporting level.
• Assist in providing solutions to the queries from stakeholders.
• Assist in annual planning exercise by working closely with the business functions to develop robust expense plans.
• Be initiative to bring value to the business by enhancing the monthly reporting processes and providing insightful analysis to the businesses.
• To respond to Ad-hoc expense queries.

Key Relationships

To maintain a good relationship with respective cost centre owners, HR and other Finance teams, such as accounting and operations.

Qualifications/ Experience

• Candidate must possess at least a Bachelor’s degree in Accounting, Economics, Finance, Law or equivalent.
• Minimum of 3 years of working experience in relevant role.
• Experience in insurance industry is preferred.

Skills/ Knowledge

• Proficiency in balance sheet and Income Statement knowledge.
• Good analysis and writing skill for commentary.
• Strong numerical, analytical and problem-solving skills.
• Good sense or urgency and able to work under pressure.
• Basic knowledge in SAP.
• Excellent Excel skills.

You are the heart & soul of Zurich! 

At Zurich, we like to think outside the box and challenge the status quo. We take an optimistic approach by focusing on the positives and constantly asking What can go right? 

We highly value the experience and know-how of our employees and offer a wide range of opportunities across business areas to encourage you to apply for new opportunities within Zurich when you are ready for your next career step. 

Let’s continue to grow together!