Reinsurance Accounting Manager

Job Summary:

We are seeking a highly skilled Reinsurance Accounting Manager to join our team at QBE Americas, Inc. The successful candidate will be responsible for leading the financial operations of our reinsurance accounting department, ensuring accurate and timely financial reporting, and collaborating with key stakeholders to drive business growth.

Key Responsibilities:

• Oversee the financial operations of our reinsurance accounting department, including premium and loss accounting, reinsurance premium and loss allocation, and reinsurance receipt and disbursement processes.
• Partner with key business units to ensure the proper interpretation, recognition, accounting, and operational implementation of internal and external reinsurance agreements.
• Establish and maintain strong working relationships with service providers, external brokers/reinsurers, and financial peers.
• Lead financial reporting, analysis, and reconciliation of reinsurance-related accounts in support of financial statement preparation for local, US Statutory, and Group requirements.
• Direct the assumption, settlement, and resolution of variances related to the reinsurance book of business.
• Establish and maintain effective processes and controls over collateral used to secure reinsurance exposures, including bad debt and reserve analyses, and to mitigate Schedule F penalties.
• Ensure compliance with regulatory and statutory, GAAP, and IFRS, and other company requirements and audit processes, developing and executing action plans designed to remediate internal control deficiencies.
• Lead the coordination of recurring audits and internal control reviews conducted by internal and external auditors. Analyze and develop effective responses to audit findings.
• Manage budgeted resources by anticipating expenditures, accurately forecasting resource needs/costs, and properly accounting for expenses to meet requirements and achieve fiscal responsibility.

Requirements:

• Bachelor's Degree or equivalent combination of education and work experience.
• 10+ years of relevant experience.
• High degree of financial acumen and awareness of financial responsibility.
• Effectively present thoughts to influence and persuade organizational leaders and key stakeholders to adopt innovative recommendations.
• Use multiple resources to gather and analyze information and use logic to address complex work-related issues and problems.
• Collaborate with internal and external customers; understand the needs and goals of a customer and actively look for ways to meet them.
• Monitor short and long-term impact of contributions and ensure accuracy and adherence to long-term goals.
• Prioritize interests of the company during decision-making.
• Influence and collaborate with people at different levels within the organization to accomplish a common goal.
• Motivational, inspirational, and enthusiastic approach to team leading and management.
• Use internal and external resources to gather, analyze, and reorganize information.
• Provide vision and think creatively and innovatively.

Preferred Qualifications:

• Extensive ceded reinsurance experience.
• Managing or leading others.
• Increasing levels of responsibility.
• Certified Public Accountant (CPA).
• Advanced working knowledge of reinsurance and related contracts and claim recovery processes and reinsurance systems.
• Advanced working knowledge of business and management principles involved in strategic planning, resource allocation, leadership technique, and coordination of people and resources.
• Advanced working knowledge of managing financial operations and reporting.
• Advanced working knowledge of relevant trends and information within the industry.
• Advanced working knowledge of financial analysis and financial modeling.
• Advanced knowledge of economic and accounting principles and practices, the financial markets, banking, and the analysis and reporting of financial data.
• Working knowledge of systems and technology utilized within the area of responsibility.

About QBE:

We can never really predict what's around the corner, but at QBE, we're asking the right questions to enable a more resilient future by helping those around us build strength and embrace change to their advantage.

We're an international insurer that's building momentum towards realizing our vision of becoming the most consistent and innovative risk partner.

And our people will be at the center of our success. We're proud to work together, and encourage each other to enable resilience for our customers, our environment, our economies, and our communities.

With more than 12,000 people working across 27 countries, we're big enough to make a real impact, but small enough to provide a friendly workplace, where people are down-to-earth, passionate, and kind.

We believe this is our moment: What if it was yours too?

Your career at QBE - let's make it happen

US Only - Travel Frequency:

Infrequent (approximately 1-4 trips annually)

US Only - Physical Demands:

General office jobs: Work is generally performed in an office environment in which there is not substantial exposure to adverse environmental conditions. Must have the ability to remain in a stationary position for extended periods of time. Must be able to operate basic office equipment including telephone, headset, and computer. Incumbent must be able to lift basic office equipment up to 20 lbs.

US Only - Disclaimer:

To successfully perform this job, the individual must be able to perform each essential job responsibility satisfactorily. Reasonable accommodations may be made to enable an individual with disabilities to perform the essential job responsibilities.

Job Type:

Manager

Global Disclaimer:

The duties listed in this job description do not limit the assignment of work. They are not to be construed as a complete list of the duties normally to be performed in the position or those occasionally assigned outside an employee's normal duties. Our Group Code of Ethics and Conduct addresses the responsibilities we all have at QBE to our company, to each other, and to our customers, suppliers, communities, and governments. It provides clear guidance to help us to make good judgment calls.

Inclusion of Diversity:

At QBE, we are deeply committed to fostering an inclusive workplace where each person is valued and respected for their authentic selves. If you require any assistance, such as alternative interview accommodations during the recruitment process, please do not hesitate to inform our Talent Acquisition team.

Compensation:

Base pay offered will vary depending on, but not limited to, education, experience, skills, geographic location, and business needs

Annual Salary Range: $146,000 - $220,000

AL, AR, AZ, CO (Remote), DE, FL, GA, IA, ID, IL (Remote), IN, KS, KY, LA, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NV, OH, OK, OR, PA, SC, SD, TN, TX (Remote, Plano), UT, VA, VT, WI, WV, and WY

Annual Salary Range: $161,000 - $242,000

CA (Remote, Fresno, Irvine, and Woodland), Greenwood Village CO, CT, Chicago IL, MA, MD, NY (Remote), RI, Houston TX, and WA

Annual Salary Range: $183,000 - $275,000

NJ and New York City NY

Benefit Highlights:

You are more than your work - and QBE is more than a workplace, which is why QBE provides you with the benefits, support, and flexibility to help you concentrate on living your best life personally and professionally. Employees scheduled over 30 hours a week will have access to comprehensive medical, dental, vision, and wellbeing benefits that enable you to take care of your health.

We also offer a competitive 401(k) contribution and a paid-time off program. In addition, our paid-family and care-giver leaves are available to support our employees and their families. Regular full-time and part-time employees will also be eligible for QBE's annual discretionary bonus plan based on business and individual performance.

At QBE, we understand that exceptional employee benefits go beyond mere coverage and compensation. We recognize the importance of flexibility in the work environment to promote a healthy balance, and we are committed to facilitating personal and professional integration for our employees. That's why we offer the opportunity for hybrid work arrangements.

If this role necessitates a hybrid working model, candidates must be open to attending the office 8-12 days per month. This approach ensures a collaborative and supportive work environment where team members can come together to innovate and drive success.

How to Apply:

To submit your application, click Apply and follow the step-by-step process.

Equal Employment Opportunity:

QBE is an equal opportunity employer and is required to comply with equal employment opportunity legislation in each jurisdiction it operates.