Reinsurance Finance Senior Manager
Location: USA –New York
Work Arrangement: Hybrid
The salary range for this role is: $190,00-285,000K
The Opportunity:
The purpose of this role is to oversee and manage financial operations for ceded and assumed reinsurance accounting, ensuring the implementation of strategic vision, collaboration with key stakeholders, leadership of the finance team, and accurate production of financial statements to meet department standards and service level expectations.
Responsibilities:
- Oversee finance operations for all ceded and assumed reinsurance programs, including premium and loss accounting, allocation, and receipt processes.
- Partner with key business units to ensure proper interpretation, recognition, and reporting of reinsurance agreements.
- Lead financial reporting, analysis, and reconciliation of reinsurance accounts for financial statement preparation.
- Direct assumption, settlement, and resolution of variances in the reinsurance book of business.
- Establish and maintain processes and controls for collateral used to secure reinsurance exposures.
- Ensure compliance with regulatory, statutory and company requirements, developing action plans for deficiencies.
- Lead coordination of audits and internal control reviews by auditors, responding effectively to findings.
- Manage budgeted resources by forecasting needs, and costs, and accurately accounting for expenses.
Work Experience:
Necessary Work Experience includes:
- Significant relevant experience.
Preferred Work Experience includes:
- Extensive experience in ceded reinsurance.
- Experience in managing or leading teams.
- Experience with increasing levels of responsibility.
Qualifications:
Necessary Qualifications include:
- Tertiary Degree or equivalent combination of education and work experience.
Compensation Package: The salary range for this role is provided above. This is the national range for location(s) listed. The salary offer will be decided based on the role's complexity, its location, and the candidate’s professional background, including their education and experience. Beyond the base salary, regular full-time and part-time employees will also be eligible for QBE’s annual discretionary bonus plan based on business and individual performance. We encourage all candidates to apply, even if their salary expectations fall outside of this range, as we are committed to finding the right fit for our team.
QBE Benefits: We offer a range of benefits to help provide holistic support for your work life, whatever your circumstances. As a QBE employee you will have access to:
Hybrid Working – a mix of working from home and in the office
22 weeks of paid leave for family growth, with 12 weeks available to all parents on a gender-equal basis
Competitive 401(k) program with company match up to 8%
Well-being program including holistic wellbeing coaching, gym membership, confidential counselling, financial and legal advice
Tuition Reimbursement for professional certifications, and continuing education
Employee Network and Community – QBE actively supports six Employee Networks, and many ways to give back to your community
To learn more, click here: Benefits | QBE US.
Why QBE? What if you could have a positive impact – at work and in the world?
At QBE, we’re enabling a more resilient future – for our customers, communities, environment, and for our people. We’re building momentum to achieve something significant and know our people are at the center of our success.
Our industry offers interesting and varied careers where you can help people to protect what matters most. As part of the QBE team, you’ll get to spend every day working with people who are passionate, talented and kind. And our international scale means we’re big enough for your ambitions, yet small enough for you to make a real impact.
Join us now, so you can be part of our success – and we can be part of yours!
https://www.linkedin.com/company/qbe-north-america/
QBE is committed to providing reasonable accommodation to, among others, individuals with disabilities and disabled veterans. If you need an accommodation because of a disability to search and apply for a career opportunity with QBE, please inform our Talent Acquisition team to let us know the nature of your accommodation request and your contact information.
Equal Employment Opportunity:
QBE provides equal employment opportunities to applicants and employees without regard to race; color; gender; gender identity; sexual orientation; religious practices and observances; national origin; pregnancy, childbirth, or related medical conditions; protected veteran status; or disability or any other legally protected status.
position is not eligible for visa sponsorship. Applicants must be authorized to work in the United States on a full-time basis without the need for current or future sponsorship.
Supplementary information
Skills:
Coaching for success, Communication, Critical Thinking, Customer Service, Financial Management, Financial Markets, Financial Modeling, Influencing, Intentional collaboration, Managing performance, Navigating ambiguity, Sourcing Analytics, Stakeholder Management, Strategic Leadership, Strategic ManagementHow to Apply:
To submit your application, click "Apply" and follow the step by step process.
Equal Employment Opportunity:
QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.
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What We Do
QBE Insurance Group is one of the world's top 20 general insurance and reinsurance companies, with operations in all the key insurance markets. QBE is listed on the Australian Securities Exchange and is headquartered in Sydney. We employ more than 11,000 people in 27 countries.
