Client is an A-rated, global provider of reinsurance and insurance, has been operating for almost 50 years through its subsidiaries in various territories such as Bermuda, Canada, Europe, Singapore, and the US. With $10BB+ in GWP, its strengths lie in its extensive product and distribution capabilities, strong balance sheet, and solid culture.
The client is dedicated to the professional development of its employees. They provide training and career development opportunities to help achieve your goals, including tuition and continuing education reimbursement, mentoring, flexible work arrangements, talent development initiatives, and networking groups.
Client is seeking is seeking a Manager of Insurance Accounting and Financial Analysis for its headquarters in New Jersey or its office in Philadelphia. Reporting to the Vice President, the successful candidate will be part of the Insurance Reporting team responsible for planning, coordinating, and executing the quarterly close process and controls for the Insurance segment. This role requires deep knowledge of insurance systems and processes, as well as strong technical finance and accounting expertise.
Managing the timing and accuracy of the quarterly close process
Establishing appropriate expense accruals, bad debt reserves, CECL provision
Reviewing, calculating, and recording deferred acquisition costs
Ensuring the appropriate consolidation of non-insurance entities
Providing timely internal reporting of P&C segment financial results and quarterly statutory financial results for the Board meetings
Identifying finance core processes for standardization/redesign, design and develop process improvements and automation to accelerate the close
Participating in the development and implementation of a new General Ledger system.
5+ years of experience
CPA and Insurance/Reinsurance experience is preferred