Qualifications
Responsibilities
Benefits
Industry/Sector
Not ApplicableSpecialism
FinanceManagement Level
Senior AssociateJob Description & Summary
A career in our Financial Operations practice, within Finance Consulting services, will provide the opportunity to work alongside CEOs, CFOs, controllers and treasurers to optimise the structure of their finance functions and improve their contribution to the business. We support our clients by addressing the challenges of achieving appropriate standards of control, efficient back office opportunities and support to the business through insight and challenge.As a Senior Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution. PwC Professional skills and responsibilities for this management level include but are not limited to:
The Opportunity
As part of the Financial Operations team you exhibit proficiency in reinsurance contract analysis and interpretation, and possess familiarity with reinsurance accounting systems and software. As a Senior Associate you are responsible for analyzing complex problems, mentoring others, and maintaining elevated standards. You focus on building client relationships and developing a deeper understanding of the business context, while navigating increasingly complex situations and growing your personal brand and technical knowledge.
Responsibilities
- Demonstrate proficiency in analyzing reinsurance contracts
- Demonstrate knowledge of L&A insurance products, underwriting practices, and risk management concepts
- Utilize reinsurance accounting systems and software effectively
- Mentor junior team members and uphold exemplary standards
- Foster and maintain enduring client relationships
- Gain a thorough understanding of the business context
- Manage complex scenarios to achieve quality outcomes
- Grow personal brand and technical skills
- Apply critical thinking to address complex issues
What You Must Have
- Bachelor's Degree
- 4 years of experience
What Sets You Apart
- Master's Degree in Accounting, Business Administration/Management, or Finance preferred
- Certified Public Accountant (CPA)
- Exhibiting proficiency in reinsurance contract analysis and interpretation
- Possessing familiarity with reinsurance accounting systems and software (e.g. TAI)
- Demonstrates understanding of L&A insurance company financial statements, including income statement, balance sheet, and cash flow statement, with a focus on underwriting profitability, claims analysis, and reserve adequacy
- Demonstrates familiarity with L&A insurance regulatory requirements and compliance, including industry-specific frameworks such as LDTI
- Demonstrating experience with reinsurance financial statement preparation, including income statement, balance sheet, and cash flow statement
- Understanding of reinsurance cash management and reconciliation processes
- Demonstrating knowledge of reinsurance regulatory requirements and compliance
- Demonstrates knowledge of management reporting techniques and tools, such as key performance indicators (KPIs), variance analysis, and forecasting
- Utilizing problem-solving skills and attention to detail in identifying and resolving accounting discrepancies
- Leveraging communication skills to effectively collaborate with internal finance teams and external stakeholders
Travel Requirements
Up to 60%Job Posting End Date
The salary range for this position is: $77,000 - $202,000. Actual compensation within the range will be dependent upon the individual's skills, experience, qualifications and location, and applicable employment laws. All hired individuals are eligible for an annual discretionary bonus. PwC offers a wide range of benefits, including medical, dental, vision, 401k, holiday pay, vacation, personal and family sick leave, and more. To view our benefits at a glance, please visit the following link: https://pwc.to/benefits-at-a-glanceAbout PWC
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