Junior Associate Director, Client Operations, Reinsurance

  • Full-time
  • Office Location: Halifax
  • Rank: Senior Associate
  • Employment Type: Permanent Full Time

Company Description

What's in it for you to join MUFG Investor Services?

Take a look at our careers site and you'll find everything you'd expect from a career with the fastest-growing business at one of the world's largest financial groups. Now take another look. Because it's how we defy expectations that really defines us. You'll feel that difference in all kinds of ways. Our vibrant CULTURE. Connected team. Love of innovation, laser client focus, and next-level LEARNING & DEVELOPMENT. Oh, and we really walk the talk when it comes to HYBRID WORKING. So why settle for the ordinary? Apply now for a Brilliantly Different career. We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted.

#LI-Hybrid

Job Description

 

  • Manage a small team and oversee all day-to-day transaction bookings, cash and accounting management for a Bermuda based reinsurance company
  • Review and analysis of a variety of catastrophe reinsurance contracts
  • Support the reinsurance accounting team to ensure seamless integration of middle office and NAV functions
  • Investigate issues pertaining to claims payment and premiums receipts, transaction settlements and reconciliation of trades
  • Oversee and review accounting journal entries, balance sheet reconciliations, collateral/counterparty reconciliations and provisioning for Losses and Reserves
  • Manage and assist in the preparation of daily/weekly/monthly management accounts and reporting packages
  • Actively participate in the preparation of annual audited financial statements and other regulatory reporting requirements
  • Perform and oversee transactions from post-trade through to audit completion
  • Be proactive in developing and maintaining client relationships
  • Ensure that all client deliverables are on time and meet set quality standards
  • Actively assist with internal and ISAE audit mandates as required
  • Resolve and escalate issues and queries raised by the client in a timely manner and maintain a high level of client satisfaction
  • Manage, train and develop junior team members as assigned
  • Identify and highlight opportunities for internal process improvement and increase in efficiency
  • Participate in various systems initiatives and projects and other duties as assigned
  • Any other ad-hoc tasks as required
  • Perform other duties as assigned and incidental to the work described above.

Qualifications

  • A recognized professional accounting designation (e.g. CA/CPA/ACCA/CGA) with a minimum of 6 years post qualification experience
  • Preference for a study toward a second professional designation or courses in the CPCU or ARe program
  • Prior experience with an audit firm including audits of reinsurance and or fund entities.
  • Strong, demonstrable working knowledge of reinsurance products and the insurance industry, including experience reviewing, accounting for and/or auditing reinsurance contracts and reinsurance entities.
  • Advanced financial accounting and/or auditing skills including experience accounting for complex financial instruments
  • Proven ability to gain and retain client confidence.
  • Ability to work efficiently within strict deadlines, where significant overtime may be required
  • Strong communication and interpersonal skills (oral, written and presentation)
  • Have experience in leading team, strong in coordination and people management, possess excellent planning and organizational skills
  • Be able to demonstrate a thorough understanding of ILS, transformers, funds, fund structures, trading strategies, financial instruments and fund offering documentation

Additional Information

Experience something Brilliantly Different with a career with MUFG Investor Services. Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group family, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking, and fund financing. We're in 14 global locations and provide an exceptional hub of Brilliantly Different talent to thrive. Still interested?

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