Reinsurance Accountant
Reinsurance Accountant
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Job Description
About this job:
This role is based in our PartnerRe Toronto office and will report to the Local Head of Reinsurance Accounting NonLife based in Stamford. The Reinsurance Accounting Department is responsible to handle premiums and claims accounts received from reinsurance brokers and cedents.
Your mission will be to manage an assigned broker/cedent insurance/reinsurance facultative and treaty portfolio which you will verify process monitor and analyse.
In more detail your responsibilities will include:
- Identify verify and process regular accounts commutation accounts cash losses profit & loss calculations as well as yearend related documents against treaty terms and contractual conditions.
- Cedant premium and loss reserve handling cedant statistic analysis and Letter of Credit & Pledged Securities handling
- Monitoring and managing of cash statements including confirmation letters as well as active communication with brokers and cedants
- Monitoring and managing open balances identify incoming payment and initiate outgoing payment.
- Close collaboration with the Claims Department Payments & Collections Department Underwriting Administration Department and other functional areas.
- Electronic messaging management and archiving of accounting relevant documents.
- Performing periodic SOX and operational controls and assuring correctness of quarterly closing tasks as assigned.
Qualifications :
About you:
To be successful in this role you should have the following background skills and mindset:
- 3 to 5 years of working experience in the reinsurance accounting field.
- Good technical and analytical skills problem solving oriented and able to take decisions.
- Advanced knowledge of Excel good knowledge of Word and PowerPoint
- Experienced in eMessaging (electronic messaging) and the reinsurance data system SICS is a plus.
- Strong communication and interaction skills.
- Fluent in English (verbal and written) other languages are a plus.
- Able to work on common goals both independently and as part of a team.
- Wellorganized attention to detail is critical you like to be challenged and your openness to new ideas and your cando attitude are part of your strengths.
Additional Information :
#LIHybrid
PartnerRe provides a working environment in which diversity is valued where all employees feel welcome respected and empowered to perform at their best. We invite you to learn more about D&I at PartnerRe.
Thank you
PartnerRe Hiring Team
Remote Work :
No
Employment Type :
Fulltime
Employment Type
Full-time
