About Capco
Capco, a Wipro company, is a global technology and management consultancy specializing in driving digital transformation within the financial services industry.
Operating at the intersection of business and technology, Capco combines innovative thinking with deep industry expertise to deliver end-to-end, data-driven solutions for banking and payments, capital markets, wealth and asset management, insurance, and energy clients worldwide. With a client portfolio spanning more than 100 global organizations, Capco helps businesses accelerate digital initiatives and unlock value through technology innovation.
Our expertise spans Digital Transformation, Data & Analytics, Business and Finance Transformation, Technology Modernization, and Change Management. We are committed to maintaining our agile, entrepreneurial culture while attracting and developing exceptional talent.
"This posting is an expression of interest for potential future opportunities and does not represent a current vacancy. Suitable candidates may be contacted when a relevant position becomes available."
About the Job
We invite expressions of interest from experienced insurance accounting professionals with expertise in financial and regulatory reporting and period-end close activities within insurance or reinsurance environments.
The role would support accurate reporting under IFRS, provide technical accounting expertise and partner with Finance, Actuarial, Risk and Business teams. Experience with Bermuda insurance or reinsurance reporting will be highly regarded.
Responsibilities:
- Manage period-end close activities, including accounting entries and balance-sheet reconciliations.
- Ensure IFRS 17 and IFRS 9 compliance across statutory, management and regulatory reporting.
- Support Bermuda regulatory reporting, including the BMA’s Economic Balance Sheet (EBS) and BSCR frameworks.
- Apply appropriate accounting treatments for proportional and non-proportional reinsurance treaties.
- Analyze key balance-sheet and P&L movements and review accounting treatments for policy and regulatory compliance.
- Partner with Finance, Actuarial, Risk and Business teams and support internal and external audits.
- Strengthen accounting processes, controls and reporting automation.
Requirements:
- Bachelor’s degree in Accounting, Finance or a related discipline; CA, CPA, ACCA, ICAEW or equivalent is preferred.
- Proven insurance accounting experience within insurance, reinsurance or financial services.
- Strong IFRS knowledge, including hands-on IFRS 17 experience and working knowledge of IFRS 9.
- Bermuda/reinsurance reporting knowledge, including BMA EBS, BSCR and proportional/non-proportional treaty accounting.
- Ability to work independently, solve problems and manage competing priorities under tight deadlines.
Note:
The ideal candidate combines strong technical insurance accounting expertise with sound IFRS knowledge, attention to detail and the ability to work effectively with stakeholders in a fast-paced reporting environment.
Skills Required
- Bachelor's degree in Accounting, Finance, or a related discipline
- Proven insurance accounting experience within insurance, reinsurance, or financial services
- Strong IFRS knowledge, including hands-on IFRS 17 experience and working knowledge of IFRS 9
- Bermuda and reinsurance reporting knowledge, including BMA EBS, BSCR, and proportional/non-proportional treaty accounting
- Ability to work independently, solve problems, and manage competing priorities under tight deadlines
- CA, CPA, ACCA, ICAEW, or equivalent professional qualification
What the Team is Saying
Capco Compensation & Benefits Highlights
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Healthcare Strength — Health, dental, and vision coverage in the U.S. are characterized as strong, with good coverage and favorable costs. Mental health resources and broader wellbeing programs are also emphasized as part of a comprehensive package.
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Leave & Time Off Breadth — PTO and paid holidays are described as generous, with multiple mentions of strong vacation allowances. While client work can affect usage, the underlying entitlement is presented as solid.
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Parental & Family Support — Company materials highlight enhanced family-friendly policies, including substantial maternity and paternity leave. Flexibility and return-to-work support reinforce a family-oriented approach.
Capco Insights
What We Do
Capco, a Wipro company, is a global management and technology consultancy specializing in driving transformation in the energy and financial services industries. Capco operates at the intersection of business and technology by combining innovative thinking with unrivalled industry knowledge to fast-track digital initiatives for banking and payments, capital markets, wealth and asset management, insurance, and the energy sector. Capco’s cutting edge ingenuity is brought to life through its award-winning Be Yourself At Work culture and diverse talent. TRUSTED ADVISORS - Our collaborative and entrepreneurial approach position us as trusted long-term partners to our clients. DEEP EXPERTISE - Clients look to us for clear guidance, proven expertise, and the support they need to set their companies up for success. DISRUPTIVE SOLUTIONS- We do not provide off -the-shelf answers to clients’ challenges. Instead, we work in close collaboration to understand the issues, and craft disruptive, bespoke solutions. ACCOUNTABILITY AND OWNERSHIP - We recognize every client has distinct needs and expectations, and we take ownership and accountability for the solutions we design, build, and deliver.
Why Work With Us
We support and encourage an inclusive culture, entrepreneurial outlook and independent thinking. Capco is not about organizational charts and rigid hierarchies – we want all employees to feel that Capco is their firm to own and run. We believe diversity powers innovation. Be Yourself At Work (#BYAW) is an integral and underlying part of our culture
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Capco Offices
Hybrid Workspace
Employees engage in a combination of remote and on-site work.
