Careers

Careers at Bahamas First

A career in the insurance industry can provide an exciting adventure.
At Bahamas First, we’re always looking people to fit a variety of roles
requiring a diverse range of skills and talents, from a variety of backgrounds.

Are you future-driven and compassionate? If you think you can embody
our core values and want to make a meaningful difference to the people
and communities that we serve, then a career with Bahamas First could
be for you. Whether you’re just starting out, or looking for a new company
to evolve your experience, Bahamas First is waiting for you.

We Are F.I.R.S.T

Current Opportunities

Intermediary Audit Officer

 

Job Summary

The primary objective of the Intermediary Audit Officer is to conduct inspections of intermediary operations and report on an intermediary’s compliance within the bounds of its delegated responsibilities, legislative and regulatory guidelines.

 

Core Responsibilities 

  • Prepare Intermediary Audit Schedule.
  • Conduct Intermediary Audits by inspecting records for compliance with Underwriting and regulatory requirements.
  • Examine, analyze, and interpret records, using relevant information and individual judgment to determine whether events or processes comply with laws, regulations, or standards and make recommendations.
  • Prepare detailed reports, action lists on findings and conduct follow-up reviews interviews with Intermediaries.
  • Communicate audit findings deficiencies to the appropriate Business Unit and assist with the design of solutions.
  • Prepare audit summary reports (quarterly) and review and update Intermediary Audit Procedures Manual and other intermediary compliance related requirements (annually).
  • Confirm all regulatory requirements are current and adequate.
  • Upon request, conduct impromptu investigations, produce findings report and follow up on implementation of solutions.
  • Confirm all requirements are in place to support issuance of Letter of Good standing.
  • Monitor Service Level Agreement thresholds and action.
  • Assist with the Intermediary On-Boarding Process of Bahamas First Agent/Brokers.
  • Assist with the review of new Sub Agent requests and new Salesperson requests.

Education & Experience

  • Bachelor’s Degree or higher in Business-related field
  • Certificate In Insurance (CII) designation
  • Minimum 2 years of relevant work experience
  • Minimum 3-5 years of Insurance industry work experience
  • Understanding of Insurance Industry Legislation and Regulatory guidelines

Core Competencies & Skills

  • Proficient in Microsoft Office
  • Confidential
  • Strong work ethic and self-motivated
  • Excellent oral and written communication skills
  • Strong customer service skills
  • Strong analytical skills and attention to details
  • Excellent time management skills
  • Effective Team player.

 

TO APPLY: Interested persons should apply in writing to careers@bahamasfirst.com by Thursday, November 26th, 2021.

Interested in joining our team?
Send us your resume.