Industry/Sector

Not Applicable

Specialism

Finance

Management Level

Senior Associate

Job 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.

Our team helps clients transform their finance function by executing strategies to reduce functional and operational complexity through streamlined processes, optimise d use of technology, and efficient use of resources to deliver cost effective, high quality services to all stakeholders.

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