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Everest

Senior Manager, Reinsurance Accounting

Posted 6 Days Ago
Be an Early Applicant
In-Office or Remote
Hiring Remotely in Bermuda
116K-165K Annually
Senior level
In-Office or Remote
Hiring Remotely in Bermuda
116K-165K Annually
Senior level
Lead reinsurance accounting and financial reporting for the company and managed entities. Prepare and review financial statements, maintain reinsurance accounts and ledgers, perform bank reconciliations and reinsurance analysis, support audits and statutory/GAAP reporting, contribute to budgets/forecasts, implement process improvements, and complete ad hoc finance projects as required.
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Title:

Senior Manager, Reinsurance Accounting

Company:

Mt. Logan Capital Management, Ltd. (Bermuda)

Job Category:

Finance

Job Description:

Everest is a global leader in risk management, rooted in a rich, 50+ year heritage of enabling businesses to survive and thrive, and economies to function and flourish. We are underwriters of risk, growth, progress and opportunity. We are a global team focused on disciplined capital allocation and long-term value creation for all stakeholders, who care deeply about our impact on communities and the wider world.

Mt. Logan Capital Management, Ltd. (the “Company” or “Mt. Logan”) is an exempted company incorporated with limited liability and registered as an Insurance Manager in Bermuda. The Company has been formed as an Insurance Manager for Special Purpose and Collateralized Insurers that offers capital markets investors the opportunity to gain exposure to the risk-reward profile of diversifying, non-correlated (re)insurance risks via privately offered insurance linked securities. Mt. Logan is an Everest Group, Ltd. (NYSE:EG) company. 

The Company is expanding and is looking a dynamic, qualified CA/CPA to join the Finance team.  The Financial Accountant is a new role and will provide support in all facets of finance function for both the Company and managed entities, including reinsurance accounting, reporting to internal management, regulatory authorities and investors.  The successful candidate will report to the Financial Controller.   

Duties and Responsibilities:

  • Assist with the preparation and review of financial statements and reporting schedules
  • Review of (re)insurance contracts and maintain reinsurance accounts
  • Preparation of bank reconciliations, cashbooks and reinsurance analysis reports   
  • Help maintain a number of accounting ledgers
  • Support the internal audit, external audit, statutory reporting and GAAP reporting processes
  • Assist with the implementation of operational improvements and changes to relevant policies, procedures and processes
  • Assist in the preparation of annual budgets and forecasts
  • Various ad hoc projects and duties, as required

Minimum Qualifications, Skills & Experience:

  • An internationally recognized accounting designation preferred (ACA, CMA, CA, CPA, ACCA or equivalent)
  • 2+ years relevant post qualification experience within the Financial Services industry, experience in re(insurance) and investment management preferred
  • Knowledge of the Bermuda insurance market and regulatory environment is preferred
  • High level of competency with Microsoft Office and the aptitude to learn various systems
  • Extremely strong analytical ability, problem-solving skills and attention to detail
  • Excellent written and verbal communication skills
  • Self-motivated to learn new concepts and participate in new projects
  • Flexibility to work evenings, holidays and weekends, as required

The base salary range for this position is $116,000 - $165,000 annually. The offered rate of compensation will be based on individual education, experience, qualifications and work location. All offers include access to a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

What if I don’t meet every requirement? At Everest we are dedicated to building an inclusive and authentic workplace. So, if you are excited about this role but your past experience doesn’t align perfectly with every element in the job description, we still encourage you to apply. You may be just the right candidate for this or other roles. Please let us know if you need any accommodations throughout the application or interview process.

 

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture. 

  • Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Inclusion and Belonging.
  • Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.  

 

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve. 

Type:

Regular

Time Type:

Full time

Primary Location:

Bermuda

Additional Locations:

Dublin, Ireland, Warren, NJ

Privacy Notice | Everest (everestglobal.com)

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