D'Angela Andrade
West Bay,Cayman Islands
Summary
Experienced insurance and regulatory professional specializing in risk-based supervision, financial compliance, and AML oversight. Expertise in insurance regulation, solvency assessment, and corporate governance. ACAMS-certified with strong skills in financial crime prevention and due diligence. Proficient in inspections, risk analysis, and regulatory compliance. Skilled in stakeholder engagement, policy development, and strategic risk management.
Overview
9
9
years of professional experience
1
1
Certification
Work History
Senior Analyst, Insurance Supervision
Cayman Islands Monetary Authority
09.2020 - Current
- Regulatory Compliance Monitoring: Oversee an assigned portfolio of insurance licensees to ensure adherence to Acts, policies and industry best practices
- Onsite-Inspections: Conduct risk focused inspections assessing compliance, solvency, internal controls, corporate governance, and risk management
- Financial Analysis: Review statutory filings, financial statements, solvency capital to evaluate financial health and risk exposure
- Licensing Process: Process new license applications, business plan amendments, and cancellations; prepare submissions and reports for management consideration
- Regulatory Inquires: Investigate and respond to queries from licensees, industry stakeholders, internal divisions, and overseas regulators
- Due Diligence: Access and process applications for directors, shareholders, and senior officers for fitness and propriety
- Supervisory Engagements: Lead and participate in supervisory collages, prudential meetings, and discussion with auditors, and legal representatives
- Industry Research: Monitor regulatory changes, industry developments and international insurance supervision trends
- Analysis Support: Provide coaching, guidance and supervision to Analyst, addressing performance issues and contributing to assessments and development plans
Associate Broker, Health Insurance & Personal Lines
Bogle Insurance Brokers
08.2019 - 09.2020
- Insurer Relations: Maintained relationships with underwriters and insurers to negotiate competitive to policy terms
- Client Advisory: Provided guidance on insurance coverage, risk mitigation and policy suitability
- Support clients in filing claims, liaising with insurers and ensuring fair settlements
- Policy Reviews: Conducted annual renewals and reviews to ensure alignment with clients' needs and industry standards
- Due Diligence & Compliance: Assisted with client due diligence, KYC processes and risk assessments for insurance applications
- Business Development: Identified and pursued opportunities to expand on client portfolios through networking and referrals
Practice Administrator
The Wellness Centre
07.2017 - 08.2019
- Insurance Verification & Billing: Verified insurance coverage, obtained preauthorization, and oversaw claims billing to insurer
- Operations Management: Oversaw daily functions, including appointment scheduling, financial reporting and administration
- Process Improvement: Implemented and updated policies and procedure to ensure efficiency and regulatory compliance
- Team Supervision: Managed support staff and provided guidance on administrative best practices
Administrative Assistant
Vanguard Risk Solutions
11.2015 - 07.2017
- Administrative Support: Managed records, schedule meeting, and processed insurance application
- Customer Service: Handled inquires, complains, policy updates and premium payments
- Claims Assistance: Verify policyholder details, assist with claims processing and coordinate approvals
- Due Diligence & Compliance: Assisted with client due diligence, KYC processes and risk assessments for insurance applications
Education
Bachelor of Science - International Management
University of The West Indies
07-2027
Skills
- Anti-Money Laundering (AML) Compliance
- Risk-Based Supervision
- Strategic Planning & Execution
- Complex Problem Solving
- Clear and Concise Report Writing
- Deadline Adherence & Prioritization
- Corporate Governance & Internal Controls
- Financial Reporting Knowledge
- Regulatory Framework
- Multitasking
- Data Analysis & Interpretation
- Risk Assessment
Certification
- Certificate in Insurance, CertCII
- Certified Anti-Money Laundering Specialist, ACAMS
Memberships
- Association of Certified Anti-Money Laundering Specialists
- Chartered Institute of Insurance
Timeline
Senior Analyst, Insurance Supervision
Cayman Islands Monetary Authority
09.2020 - Current
Associate Broker, Health Insurance & Personal Lines
Bogle Insurance Brokers
08.2019 - 09.2020
Practice Administrator
The Wellness Centre
07.2017 - 08.2019
Administrative Assistant
Vanguard Risk Solutions
11.2015 - 07.2017
Bachelor of Science - International Management
University of The West Indies
Similar Profiles
Tinashe MazhangaraTinashe Mazhangara
Senior Analyst I - Insurance Supervision Division at Cayman Islands Monetary Authority (CIMA)Senior Analyst I - Insurance Supervision Division at Cayman Islands Monetary Authority (CIMA)
Tinashe MazhangaraTinashe Mazhangara
Senior Analyst 1 - Insurance Division at Cayman Islands Monetary Authority (CIMA)Senior Analyst 1 - Insurance Division at Cayman Islands Monetary Authority (CIMA)
Amos Benjamin BenjiAmos Benjamin Benji
Chief Analyst at Cayman Islands Monetary AuthorityChief Analyst at Cayman Islands Monetary Authority