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Senior Reinsurance Accountant

3 months ago

Old Toronto Ontario, CA PartnerRe Full time

PartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.

Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.

Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:

We are always looking for bright, proactive individuals to join our team

Please follow our Careers page for all updates on new positions. We look forward to receiving your application.

PartnerRe is an equal opportunities employer.

Please join our company LinkedIn Page for all updates on new positions that are coming live.

Job Description

About the role:

This role is based in our PartnerRe Toronto office and will report to the Team Leader of Reinsurance Accounting Non-Life 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 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 year-end 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
  • 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 in the DMS
  • 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, comfortable with data analysis, 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
  • Well-organized, attention to detail is critical, you like change and you like to be challenged, and your our openness to new ideas and your can-do attitude are part of your strengths
Additional Information

#LI-Hybrid

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.

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