About RenaissanceRe
For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We’re experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre.com).
POSITION SUMMARY:
The Accountant - Reinsurance is responsible for supporting the internal controls, financial reporting and accounting for the Company’s activities as appropriate based on a specific functional area. 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.
- Communicate with our auditors.
May also be responsible for:
- 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.
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:
- A bachelors or university degree preferred, or comparable experience.
- A professional accounting designation required or being currently pursued (e.g. ACA, ACCA, CPA),
- At least 2 to 5 years relevant prior experience (Ideally Big Four audit experience, preferably within the relevant functional area (ie, (re)insurance, financial services)
- Prioritises responsibilities, makes effective use of time and remains flexible to changing work needs/demands
- Performs with minimal supervision.
- Applies strong technical skills to achieve results.
- Looks for opportunities to explore and gain new technical skills.
- Knows and meets industry standards.
- Consistently meets expectations, excels when it matters most and responds quickly and effectively to resolve issues.
- Works toward team goals and end result and contributes in ways that benefit the entire team.
- Regularly shares information and engages in dialogue with manager and peers.
- Experience with public companies and SOX 404 is advantageous
- A strong working knowledge of general ledger and other accounting sub-systems is advantageous
- Strong knowledge of US GAAP, and other relevant GAAP as applicable
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.
We believe that meeting these requirements will position you for success in the role. However, if you fulfill most – but not all – of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn.
At RenaissanceRe, we believe in creating a workplace culture that fosters diversity, equity, and inclusion throughout our business. We have a zero-tolerance policy for harassment and discrimination and take proactive steps to make employees feel valued and empowered to contribute to our collective success. It is RenRe’s policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/ civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
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
- Professional accounting designation (ACA, ACCA, CPA) required or currently pursuing
- 2 to 5 years relevant prior experience (ideally Big Four audit; preferably in reinsurance or financial services)
- Strong knowledge of US GAAP and other relevant GAAP as applicable
- Experience with public companies and SOX 404
- Bachelor's or university degree preferred, or comparable experience
- Working knowledge of general ledger and other accounting sub-systems
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
