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Senior Finance Officer

€32,000–40,000 Yearly salary
Nicosia, Cyprus Location
On-site Work arrangement
Full Time Employment type
Mid-Level Seniority level
Permanent Contract type

Job Description

Universal Life is seeking to recruit a dynamic and detail oriented individual to join the Finance Department, at the Company’s Head Offices in Nicosia. The successful candidate will contribute to the smooth operation of the company's accounting and financial processes, ensuring compliance with accounting standards and internal policies.

 

Main responsibilities

  • Prepare consolidated financial statements under IFRS for the Group,

  • Prepare monthly results analysis comparing actuals to prior year, forecast, budget; support business decision-making

  • Monitor the Group’s KPIs and analyse variances

  • Monitor the Group’s solvency and liquidity metrics, explaining variances and suggesting ways to enhance them

  • Prepare the group's budget and regular forecasts.

  • Prepare papers supporting business decisions, as required

  • Prepare the Group’s projections aligned with the 3-5 year business plan

  • Produce monthly and quarterly management accounts.

  • Prepare all external reporting requirements (e.g. QRTs, NSTs, and other regulatory returns)

  • Prepare any ad-hoc reports as required

  • Prepare and maintain regular competitor analysis and market reports to identify market trends, opportunities and competitive developments.

  • Continuously document and financial processes and controls, suggest and implement process improvements

  • Perform any other duties or responsibilities as requested, in line with the company’s needs.

 

Requirements

  • ACA/ACCA Qualified or equivalent professional accounting qualification

  • Bachelor’s degree in accounting, Finance, Economics or a related field

  • 2-4 years of relevant post-qualification experience in Accounting, Finance or Audit.

  • Excellent understanding of accounting principles and IFRS.

  • Experience with IFRS 17 and the insurance industry considered an advantage.

  • Excellent analytical and problem-solving skills.

  • High attention to detail and accuracy.

  • Advanced Microsoft Excel skills.

  • Experience with SAP/FPSL systems will be considered as advantage.

  • Excellent command of Greek and English, both written and spoken.

 

What we offer

  • A supportive and collaborative working environment

  • Opportunities for professional development and continuous learning

  • An attractive remuneration package based on the candidate’s experience and qualifications plus other benefits like 13th Salary, Retirement scheme and membership to the following Group Schemes which are offered by the Company to its permanent staff

 

All applications will be treated in strict confidence.

 

Who we are

Universal Life was the first insurance company founded in Cyprus after the enactment of the local insurance legislation in 1970 with the vision to assist in the development of the life insurance industry on the island.  Having completed five decades of contribution to the Cypriot economy and its society in general, Universal Life has made its name synonymous with life and health insurance in Cyprus. Today, Universal Life is one of the largest insurance companies in Cyprus, possessing a special place in the Cyprus services sector.  We are proud of having been certified by the Gender Equality Certification Body for the Implementation of Good Practices on Gender Equality in the Work Environment which aim at the creation of a healthy working environment, that respects the diversity of the personnel, ensures equal opportunities for all its people and promotes the improvement of their living standards as well as their continuous improvement, strengthening and development.

 

Universal Life is an employer of choice for aspiring and accomplished professionals and was the first Insurance Company in Cyprus to attain the Great Place to Work® certification reflecting the Company’s aim to create an exceptional, high performing workplace where its employees thrive, grow and feel trusted and valued.

 

How to Apply

Interested applicants must complete the Online Application Form  by 27/9/2026.

Soft Skills
Negotiation Writing reports Critical thinking Desire to learn Problem-solving
Job Categories
Banking, Insurance & Financial Services Accounting / Bookkeeping Finance & Risk Management
Posted: 11 Sep 2026 Expires: 27 Sep 2026 Ref. No. 7014656

About Company

Universal Life Insurance Public Co Ltd
Universal Life Insurance Public Co Ltd
H Universal Life ήταν η πρώτη Κυπριακή ασφαλιστική εταιρεία που ιδρύθηκε το 1970 με βασικό στόχο την ανάπτυξη και πρόοδο του ασφαλιστικού τομέα στην Κύπρο. Συμπληρώνοντας πέντε δεκαετίες ζωής και προσφοράς προς την οικονομία και την κοινωνία του τόπου μας, η Universal Life κατέστησε το όνομά της συνώνυμο με την ασφάλεια ζωής και υγείας στην Κύπρο, πρωτοστατώντας στην εισαγωγή θεσμών και σύγχρονων ασφαλιστικών προγραμμάτων καθώς και στη δημιουργία και καλλιέργεια της ασφαλιστικής συνείδησης στους Κυπρίους. H Universal Life, ως ένας σοβαρός και αξιόπιστος οργανισμός, με πείρα και τεχνογνωσία, με ισχυρή μετοχική δομή και με επίκεντρο τον άνθρωπο, ακολουθεί μια συνεχή τροχιά ανάπτυξης και προόδου. Σήμερα, η Universal Life, μέλος του Ομίλου Φώτος Φωτιάδης, διαδραματίζει πρωταγωνιστικό ρόλο στα ασφαλιστικά δρώμενα του τόπου, ως μια από τις κορυφαίες εταιρείες στον Κλάδο Ζωής και ως η μεγαλύτερη ασφαλιστική εταιρεία στον Κλάδο Υγείας, με διαφορά προσφέροντας παράλληλα υψηλού επιπέδου υπηρεσίες στους πελάτες της. Δεν είναι λοιπόν τυχαίο που η Εταιρεία τα τελευταία χρόνια ψηφίζεται διαχρονικά από ανεξάρτητες έρευνες αγοράς ως η πλέον αξιόπιστη εταιρεία ανάμεσα σε όλες τις Ασφαλιστικές Εταιρείες του Κλάδου Ζωής στην Κύπρο. Με πνεύμα ανθρωποκεντρικό, η Universal Life διαχρονικά στηρίζει φιλανθρωπικούς οργανισμούς, την παιδεία, τον αθλητισμό και τον πολιτισμό, με σεβασμό στον άνθρωπο και στην κοινωνία.
Nicosia, Cyprus Location
101-250 Employees Company size
Insurance Industry sector
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