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HR305: Reinsurance Accountant | Bermuda

hamilton-recruitment · 10 days ago
Negotiable
Full-time
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REINSURANCE ACCOUNTANT – FINANCE – BERMUDA – 10% TAX – HR305

About this opportunity

Our client is a global insurance and investment organization that provides property, casualty and other, the company is currently seeking applicants for their Reinsurance Accountant position.

Roles and responsibilities:

  • To assist in running and maintenance of reinsurance processes and accounting for our client Insurance & Reinsurance Limited and its branches
  • Assist in managing financial control activities
  • To assist in ensuring that the company meets it’s group reporting, statutory, regulatory and internal requirements
  • Assist with the implementation and maintenance of appropriate controls and procedures over the accounting and reinsurance reporting
  • Assist with all operational aspects of the production of ledgers, including the preparation of account reconciliations and analysis
  • Assist with the interpretation and implementation of accounting standards and accounting rules
  • Preparation of quarterly management information and quarterly external reports
  • Assist with process improvements in collaboration with counterpart Finance leadership group members in order to ensure the efficient and accurate production of data
  • The preparation of ad-hoc information necessary for statutory accounts and regulatory returns
  • Assist with the following activities:
    • Preparation and maintenance of timetables and KPIs
    • Handling of all technical aspects affecting the regulatory and Group returns
    • Performing the technical review of all regulatory returns
  • Follow all requirements of the company internal control framework
  • To assist with the creation and maintenance of timely and accurate information to enable completion of all company returns
  • To assist with the maintenance of the general ledger to ensure integrity of data
  • Ensure all agreements are processed according to the Company’s compliance, regulatory and legal obligations
  • Report any suspicion of financial crime to the Money Laundering Reporting Officer immediately
  • Manage any potential conflicts of interest to avoid disrepute to the Company’s integrity
  • Immediately advise Compliance of any complaints

What you’ll need

  • Recognised accounting qualification (CPA / ACA / ACCA)
  • Educated to degree level or equivalent, with 4 – 6 years’ professional accounting experience
  • Working knowledge of reporting requirements imposed by UK GAAP, US GAAP and IFRS
  • BMA and local processing arrangements and reporting
  • Reinsurance accounting practices and procedures
  • Building and maintaining accounting procedures and systems
  • Analysis and problem solving, change orientated, flexible thinking style, advanced numeracy, balanced judgment and decision making ability, project planning, professional business writing and presentation skills, strong communicator: verbal and written; and Pragmatic
  • Microsoft Office: advanced Excel, with an intermediate level of understanding in Word, PowerPoint and Outlook
  • Microsoft Dynamics and 4 URS / SAP

How to apply

  • To apply, attach your résumé or include a link to your LinkedIn profile
  • If you don't provide one of the above, we can't progress your application

For reasons of confidentiality and to ensure best match for positions, our normal practice is to submit applications to employers only after we have had a Career Consultation with candidates. In the event that you are not shortlisted for this particular vacancy, your details will be held on file and considered for other relevant opportunities.

Our clients are equal opportunity employers and value diversity. They do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you believe you deserve an exceptional career, we’ll help make it happen.

Last updated on Jul 6, 2024

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