Junior Associate Director

• Manage a small team and oversee all day-to-day transaction bookings, cash and accounting management for a Bermuda based reinsurance company
• Review and analysis of a variety of catastrophe reinsurance contracts
• Support the reinsurance accounting team to ensure seamless integration of middle office and NAV functions
• Investigate issues pertaining to claims payment and premiums receipts, transaction settlements and reconciliation of trades
• Oversee and review accounting journal entries, balance sheet reconciliations, collateral/counterparty reconciliations and provisioning for Losses and Reserves
• Manage and assist in the preparation of daily/weekly/monthly management accounts and reporting packages
• Actively participate in the preparation of annual audited financial statements and other regulatory reporting requirements
• Perform and oversee transactions from post-trade through to audit completion
• Be proactive in developing and maintaining client relationships
• Ensure that all client deliverables are on time and meet set quality standards
• Actively assist with internal and ISAE audit mandates as required
• Resolve and escalate issues and queries raised by the client in a timely manner and maintain a high level of client satisfaction
• Manage, train and develop junior team members as assigned
• Identify and highlight opportunities for internal process improvement and increase in efficiency
• Participate in various systems initiatives and projects and other duties as assigned
• Any other ad-hoc tasks as required
• Perform other duties as assigned and incidental to the work described above.

Requirements

• A recognized professional accounting designation (e.g. CA/CPA/ACCA/CGA) with a minimum of 6 years post qualification experience
• Preference for a study toward a second professional designation or courses in the CPCU or ARe program
• Prior experience with an audit firm including audits of reinsurance and or fund entities.
• Strong, demonstrable working knowledge of reinsurance products and the insurance industry, including experience reviewing, accounting for and/or auditing reinsurance contracts and reinsurance entities.
• Advanced financial accounting and/or auditing skills including experience accounting for complex financial instruments
• Proven ability to gain and retain client confidence.
• Ability to work efficiently within strict deadlines, where significant overtime may be required
• Strong communication and interpersonal skills (oral, written and presentation)
• Have experience in leading team, strong in coordination and people management, possess excellent planning and organizational skills
• Be able to demonstrate a thorough understanding of ILS, transformers, funds, fund structures, trading strategies, financial instruments and fund offering documentation