Assistant Director (Licensing and Authorizations)

at Bermuda Monetary Authority

Bermuda

Bermuda Monetary Authority is committed to attracting and developing the very best people who are dedicated to providing exceptional service.

Assistant Director
(LICENSING AND AUTHORIZATIONS)
Insurance Department

In this key role, you will be responsible for:
• Managing a team of professionals and carrying forward the Authority’s supervisory, regulatory and inspectorial responsibilities for Department regulated entities.
• Evaluation and analysis of confidential returns applications and the compilation of reports based on the submitted information
• Conduct meetings pertaining to the licensure of insurance entities, agents, brokers and salesmen
• Liaison with the overseas supervisory and regulatory bodies
• Representation on various committees and conferences

This position requires a proven technical and business background:
• Candidates for this position must be mature persons with a minimum of 10 years’ demonstrable experience within the insurance industry and/or insurance regulatory environment
• Relevant operational and managerial experience in a financial services environment (with particular regard to the insurance industry)
• Ability to interpret, administer and discuss at a high level, legal statues and similar material
• A relevant professional qualification or equivalent training/experience in a regulatory
• Strong analytical and communication skills
• Experience and understanding of computerized data-based systems
• Excellent management, leadership and interpersonal skills

To apply:

If you are looking for a challenging opportunity in a team environment, we invite you to submit your application via our email address at careers@bma.bm, including a detailed resume and a completed Bermuda Monetary Authority Application Forms, available at www.bma.bm.  Applications for this position must clearly bear the reference 820-034/10 and be received no later than August 4, 2010.