Director, Head of Regulatory Reporting

Title: Director, Head of Regulatory Reporting
Location: Hamilton, Bermuda
Alternate Location: No other locations will be considered at this time
Setting: This is a hybrid role requiring a minimum of 3 days per week in office.
Reports to Title: AVP, Reinsurance Regulatory Reporting

The Team You Will Join
Ready to make an impact? Our Controls, Analysis and Reporting team, led by the Chief Accounting Officer, is an integral part of the larger Financial Management Group at MetLife. Whether it’s taking charge of external financial reporting - from SEC filings to US GAAP and local regulatory standards - owning and supporting the general ledger and other financial systems, diving into accounting and internal controls, or leading expense management and corporate financial planning, you’ll play a vital force in shaping the financial future of one of the world’s leading institutions.

The Opportunity

The Director, Regulatory Reporting will lead financial and regulatory reporting for a Bermuda Class E reinsurance company, with primary responsibility for BMA filings, solvency reporting, statutory financial statements, and board-level reporting. The role ensures accurate, well-controlled reporting processes and effective coordination across finance, actuarial, risk, audit, and regulatory stakeholders.

Key Responsibilities

• Lead Bermuda Monetary Authority reporting for a Class E reinsurance company, including timely preparation, review, and submission of the Statutory Financial Return and Capital and Solvency Return.
• Oversee Bermuda Solvency Capital Requirement reporting, Economic Balance Sheet schedules, Eligible Capital analysis, Schedule of Solvency, and related supporting schedules.
• Coordinate preparation of the Commercial Insurer Solvency Self-Assessment, Financial Condition Report, statutory declarations, and director-level reporting packages.
• Manage the regulatory reporting calendar, filing requirements, review checkpoints, governance approvals, and communications with the principal representative, auditors, actuaries, and BMA-facing stakeholders.
• Review Class E reinsurance accounting and statutory reporting treatment for new treaties, recaptures, funds withheld, modified coinsurance, deposit accounting, and other complex reinsurance transactions.
• Ensure completeness and accuracy of statutory financial statements, regulatory schedules, notes, reconciliations, management review evidence, and audit support documentation.
• Monitor BMA guidance, filing instructions, prudential standard changes, and regulatory developments affecting Class E long-term reinsurers.
• Maintain strong internal controls over regulatory reporting, including SOX-aligned review controls, issue remediation, process documentation, and evidence retention.
• Partner with actuarial, investment, tax, treasury, legal, risk, and corporate reporting teams to validate inputs used in EBS, BSCR, technical provisions, capital analysis, and statutory disclosures.
• Prepare executive and board-level summaries explaining solvency position, capital drivers, regulatory reporting results, key judgments, and emerging reporting risks.

Required Skills:

• Bachelor’s degree in Accounting, Finance, Business, Economics, or a related field.
• Internationally recognized professional accounting designation, such as CPA, CA, ACA, ACCA, or equivalent.
• 10+ years of relevant finance, accounting, regulatory reporting, audit, or controllership experience, preferably within the insurance or reinsurance industry.
• Strong experience with Bermuda Monetary Authority reporting requirements for Bermuda reinsurers, including statutory financial statements, EBS, BSCR, CISSA, FCR, and related solvency reporting.
• Practical knowledge of Bermuda statutory accounting and U.S. GAAP reporting for life, annuity, or long-term reinsurance business.
• Experience leading quarterly and annual close, regulatory filing, external audit, and board reporting processes under tight deadlines.
• Demonstrated ability to maintain effective reporting processes, internal controls, reconciliations, review evidence, and audit-ready documentation.
• Ability to translate financial, actuarial, capital, and regulatory results into clear executive and board-level reporting.
• Excellent analytical judgment, attention to detail, and ability to challenge source data, assumptions, reconciliations, and reporting outputs.
• Strong project management, stakeholder management, and communication skills, including experience working with senior management, boards, auditors, actuaries, regulators, and cross-functional teams.
• AI fluency with the ability to effectively leverage emerging technologies to enhance productivity and support informed decision-making.

 Preferred Skills:

• Advanced Excel and financial reporting system skills; experience with SAP, Workiva, Power BI, or similar reporting platforms.
• Experience partnering with actuarial, risk, investments, treasury, tax, legal, auditors, and external service providers on statutory, solvency, capital, and governance matters.
• Strong technical accounting capability across Bermuda statutory reporting, U.S. GAAP, reinsurance accounting, technical provisions, and complex transaction analysis.
• Continuous improvement mindset with the ability to strengthen reporting controls, automate repeatable processes, and improve the quality and efficiency of regulatory reporting.

Note that resumes from recruiting firms will not be considered.