POSITION SUMMARY:
The Accountant - Reinsurance is responsible for supporting the internal controls, financial reporting and accounting for the Company’s activities. This role participates in projects to enhance the efficiency and effectiveness of reporting requirements. The Accountant – Reinsurance will closely interact across several areas of the business and work with the wider Finance Team to add value across relevant teams.
PRINCIPAL ACCOUNTABILITIES:
Technical Accounting & Financial Reporting
- Help with preparation of accurate financial reporting, both for internal and external purposes following required GAAP and regulatory standards, including providing support for more technical areas.
- Work with relevant partners to ensure accuracy of transactions and financial disclosure.
- Support the continued enhancement and ongoing development of multiple financial systems ensuring that all Finance needs are met.
- Assist with completing aspects of the monthly and quarterly close, including financial reporting, in compliance with US, or other relevant GAAP, or other regulatory requirements.
- Help prepare and review detailed analysis and monthly/quarterly reconciliations, including reconciliation to the general ledger.
- Helping with the preparation of technical accounting memos observing US GAAP and help prepare more technically challenging accounting memos.
- Ensure appropriate SOX 404 processes exist and are followed for preparation and submission of financial data.
- Communicate with our auditors.
Strategic Projects
- Contribute to miscellaneous project work and provide general assistance to the Finance Department and other teams.
- Provide ad-hoc support to the CAO, Global Corporate Controller and Business Leads.
EXPECTED COMPETENCIES:
Educational/Professional Requirements:
- Degree in Accountancy/Finance or similar
- At least 2 to 5 years relevant prior experience (Ideally Big Four audit experience, preferably within (re)insurance).
Basic Competencies:
- Excellent numerical skills and keen attention to detail
- Strong Excel skills essential
- Applies strong technical skills and problem solving to achieve results
- Confident with both virtual and in-person communication
- Obtains feedback, learns from others’ experiences and takes responsibility for honing skills to improve job performance.
- Regularly shares information and engages in dialogue with manager and peers
- Works toward team goals and outcomes, contributing in ways that benefit the whole team.
- Consistently meets expectations, excels when it matters most, and responds quickly and effectively to resolve issues.
- Looks for opportunities to explore and gain new technical skills.
- Knowledge of US GAAP is advantageous
We are an equal opportunity employer. We provide equal opportunity to all applicants and employees regardless of race, colour, religion, national origin, age, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
Skills Required
- Degree in Accountancy or Finance (or similar)
- 2 to 5 years relevant accounting experience
- Big Four audit experience
- Experience within reinsurance or insurance accounting
- Strong Excel skills
- Knowledge of US GAAP
- Familiarity with SOX 404 controls and compliance
- Strong numerical skills and attention to detail
- Effective verbal and written communication (virtual and in-person)
What We Do
RenaissanceRe is one of the world’s leading reinsurance companies, consistently recognised for our innovation, technical excellence and creative problem-solving. Our clients are multi-national organizations and government entities who turn to us to help manage the risks of operating in a volatile and uncertain world, including climate change, natural hazards like wildfires and hurricanes, cyber threats and significant societal upheaval. We’re proud of our world-class reputation for exceptional performance and being a trusted partner, there for our clients when it matters most. Our corporate purpose is to protect communities and enable prosperity. When disaster strikes, the claims we pay help keep businesses open and communities rebuild. Ensuring that our technology ecosystem can anticipate and respond to unprecedented global change in the world order is an imperative. It is only through continuously seeking to innovate through transformative technology that we can deliver our strategic business priorities, aims, and objectives. RenaissanceRe’s name comes from our founders’ intention to create a renaissance in quantifying and managing risk. Our success depends on the unique way we combine information, experience and technology to empower our decisions. We have developed new and cutting-edge technologies since the day we started in 1993 and have long been recognized as pioneers and technical innovators; designing and engineering solutions to rapidly serve clients and help them dynamically manage their business
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