Jobs
>
Greenwich

    AVP, Global Reinsurance Accounting - Greenwich, United States - Berkley

    Berkley
    Berkley Greenwich, United States

    3 weeks ago

    Default job background
    Description

    Company Details:

    "Our Company provides a state of predictability which allows brokers and agents to act with confidence."

    Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.

    Along the way, weve been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $10 billion.

    Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William. R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W. R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

    Responsibilities:

    The AVP, Global Reinsurance Accounting position will be responsible for supervising and hands on leading the ceded reinsurance accounting and operations department, including managing the processing and administration of the enterprise ceded reinsurance agreements, transformational change, internal facilities and overarching ownership of all ceded reinsurance administrative outcomes. This role involves close collaboration with divisional and subsidiary personnel on all ceded operational aspects, close partnership with Insurance Risk Management (IRM) who handles underwriting of these contracts and our reinsurance partners. Additionally, the position will play a crucial role in developing and implementing operating systems and processes globally.

    • Communicate and collaborate globally and within the Finance & Accounting function in a visible management level role with Corporate finance, IRM, operating unit CFOs and controllers, actuarial, treasury, claims, legal, systems, reinsurance intermediaries and reinsurers.
    • Lead transformational change project agenda to drive value, efficiency, accuracy, and stakeholder management throughout the entire global ceded reinsurance ecosystem.
    • Maintain and enhance financial planning and analysis capabilities within the Ceded Re team. Provide monthly and quarterly analysis on ceded results and build and monitor the departments budget.
    • Oversee Ceded Reinsurance accounting and operations, including:
      • Accountable for full accounting lifecycle accuracy and timeliness
      • Review treaty structure contract terms
      • Manage ceded reinsurance system via liaising with technology and business teams
      • Managing global collateral requirements
      • Billing and collection of recoveries.
      • Calculating recoveries/reinstatement premiums.
      • Maintain an adequate control environment and ensure SOX compliance.
      • Prepare and manage Schedule F and bad debt reports.
    • Participate in the SEC and non-SEC financial statement footnote process and preparation in areas Ceded Re data is impactful.
    • Address inquiries from corporate finance, actuarial, underwriting, treasury, legal, and claims departments.
    • Manage and maintain all external and internal reinsurance facilities, including special purpose vehicles.
    • Manage the reinsurance close schedule to ensure timely monthly, quarterly, and year-end closing processes and communicating with all stakeholders receiving data throughout this process and adequately addressing stakeholder inquiries as they arise.
    Qualifications:
    • 15+ years of experience with focus on reinsurance financial reporting and operations in Property Casualty Insurance industry, both GAAP and Statutory knowledge is preferred
    • Proven track record in team management and leadership required.
    • Led transformational change projects.
    • Deep knowledge and understanding of all types of reinsurance contracts required.
    • Professional communication skills, written and verbal.
    • Detail oriented approach.
    • The ability to work independently and in a team environment.
    • Strong problem-solving skills.
    • Advanced Excel skills, reinsurance systems, and other supporting applications.
    • Experience with XL Pro Reinsurance System and Freedom Reinsurance System, a plus.
    • Some travel may be required as needed.

    Education Requirements

    • Bachelors degree in finance or accounting preferred.
    • CPA and/or MBA preferred.

    The Company is an equal employment opportunity employer.



  • The Hartford Stamford, United States

    Reinsurance Analyst - RB08CE · We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals - and to help others accomplish theirs, too. Join our tea ...


  • Istituto Marangoni Stamford, United States

    Reinsurance Analyst - RB08CE · We're determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our tea ...


  • W. R. Berkley Stamford, United States

    Berkley Re is a specialty P&C reinsurer that provides solutions for insurers with a successful business model built upon specialization in the products they underwrite. Our experienced underwriting staff partners closely with clients to provide innovative reinsurance solutions th ...


  • Berkley Re (a Berkley Company) Stamford, United States

    Company Details · Berkley Re is a specialty P&C reinsurer that provides solutions for insurers with a successful business model built upon specialization in the products they underwrite. Our experienced underwriting staff partners closely with clients to provide innovative reins ...


  • Berkley Re (a Berkley Company) Stamford, United States

    Company Details · Berkley Re is a specialty P&C reinsurer that provides solutions for insurers with a successful business model built upon specialization in the products they underwrite. Our experienced underwriting staff partners closely with clients to provide innovative reins ...


  • W. R. Berkley Stamford, United States

    Berkley Re is a specialty P&C reinsurer that provides solutions for insurers with a successful business model built upon specialization in the products they underwrite. Our experienced underwriting staff partners closely with clients to provide innovative reinsurance solutions th ...


  • W. R. Berkley Greenwich, United States

    Company Details · "Our Company provides a state of predictability which allows brokers and agents to act with confidence." · Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casual ...


  • Macpower Digital Assets Edge Stamford, United States

    Job Summary:As a Reinsurance Accounting Analyst will be responsible for technical accounting duties including high level analysis, processing, and booking assumed reinsurance statements in the sub-ledger system of record which includes monthly, quarterly, and annual reporting. · ...


  • W. R. Berkley Greenwich, United States

    The AVP, Global Reinsurance Accounting position will be responsible for supervising and hands on leading the ceded reinsurance accounting and operations department, including managing the processing and administration of the enterprise ceded reinsura Accounting, Insurance, Global ...


  • Berkley Greenwich, United States

    Company Details: · **"Our Company provides a state of predictability which allows brokers and agents to act with confidence."** · Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and cas ...


  • Krafted By KC Stamford, United States Full time

    We are looking for a Bilingual Spanish Reinsurance Accounting Analyst with at least 3 years of experience. · You will be responsible for technical accounting duties including high-level analysis, processing, and booking of assumed reinsurance statements in the sub-ledger system o ...


  • JCW Group New Jersey, United States

    JCW is currently recruiting on behalf of a global insurance firm looking to bring a Senior Reinsurance Accountant onto their growing Finance function. As a key player in the finance department, you will have the chance to work alongside industry experts, shape strategies, and con ...


  • Lemonade New York, United States

    Not your everyday company · Lemonade completely reinvented how insurance works. As a customer-centric tech company, we created an insurance experience that is smart, instant, and delightful. · At Lemonade, you'll be working with a group of like-minded makers, who get a kick out ...


  • Starr Companies New York, United States

    Starr Insurance Companies is a leading insurance and investment organization, providing commercial property and casualty insurance, including travel and accident coverage, to almost every imaginable business and industry in virtually every part of the world. · Cornelius Vander St ...


  • The Ladders New York, United States

    · Senior Reinsurance Accountant · New York - Hybrid · Who We Are · SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Berm ...


  • Assurant New York, United States

    Overview of Position · The Accountant will perform reinsurance operations and accounting duties to provide accurate and timely financial and client accounting and reporting to meet internal and external deadlines and achieve departmental goals. · What will be my responsibilitie ...


  • Sompo International Holdings Ltd New York, United States

    As a leading provider of insurance and reinsurance with worldwide operations and employees in Bermuda, U.S., U.K., Continental Europe and Asia, we recognize that our success is derived directly from those who matter the most: our people. At Sompo International, our values of inte ...


  • AIG Wilton, United States

    Senior Manager Reinsurance Accounting · Who we areAmerican International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retirement ...


  • American International Group Wilton, United States

    Senior Accountant, Reinsurance Finance · Who we are · American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retire ...


  • AIG Wilton, United States

    Senior Accountant, Reinsurance Finance · Who we are · American International Group, Inc. (AIG) is a leading global insurance organization. Building on 100 years of experience, today AIG member companies provide a wide range of property casualty insurance, life insurance, retire ...