Reinsurance Operations Manager

Location London
Discipline: Finance & Strategy
Job type: Permanent
Contact email: george@weareedenbrook.com
Job ref: J4713
Published: 22 days ago
New opportunity with a leading reinsurer, whereby the successful candidate will require strong analytical, technical and communication skills, as well as a high level of information systems literacy with a strong focus on attention to detail. The candidate will also be responsible for leading the Company’s reinsurance accountants who are directly responsible for handling all contract bookings, cash transactions and processing aspects of claim notifications. Key responsibilities & Accountabilities • Build, enhance and maintain process documentation to facilitate training, learning and support of the reinsurance accounting team • Provide technical support to reinsurance accountants and the underwriting team in relation to treatment of complex or unique contracts, documenting such support in a manner to facilitate learning and future ease of application • Foster and support a culture within the reinsurance accounting team that strives for the highest quality technical data • Set goals, monitor performance, and conduct formal performance appraisals for the reinsurance accounting team • Monitor the reinsurance accounting team to ensure reinsurance accounting transactions are captured appropriately, accurately, and completely in a timely manner in the reinsurance accounting system • Ensure that all relevant deadlines and SOX requirements are met • Provide support to internal / external auditors, directly or at the request of colleagues, as required • Attend and participate in QCR (quarterly change review) meetings • Continuously seek process efficiencies and propose implementation / work re-organization plans • Undertake / support internal projects related to reinsurance transactional data, processes, systems migrations, or enhancements, etc. as required • Undertake / support the integration and development of external initiatives i.e., electronic data interchange • Assist with finance project work, initiatives and implementations To be successful in this role, you will need to be/have • Extensive operations experience in a large commercial reinsurer • Experience in assessing technical accounting queries and providing guidance • Knowledge of SQL/database coding, Reinsurance Accounting systems a distinct advantage • Professional accounting qualification (CA, CPA, ACA) is required with a minimum of 5 – 8 years of post-qualification experience • Proficient with Microsoft Office products and advanced Excel skills • Proficiency / working knowledge of US GAAP / IFRS for insurance and reinsurance • Strong communication skills in written and verbal formats; ability to address broad range of audiences including senior management and technical experts