Reinsurance Accountants

Partner Reinsurance Company; Toronto; Hybrid; CAD 60,000 - 90,000; Full time

Job summary

An established industry player in reinsurance is seeking a motivated Reinsurance Accountant to join their dynamic team in Toronto. This role offers an exciting opportunity to manage a diverse portfolio of insurance and reinsurance accounts, ensuring accuracy and compliance with treaty terms. The company values integrity and collaboration, providing a supportive environment for professional growth. As part of a global leader, you will gain valuable experience in a multinational financial setting, working closely with cross-functional teams to achieve common goals. If you are detail-oriented and thrive in a fast-paced environment, this is the perfect opportunity for you.

Benefits

Supportive work environment

Professional growth opportunities

Dynamic team atmosphere

Global industry leader exposure

Qualifications

• 3+ years of experience in Reinsurance accounting required.
• Strong technical and analytical skills with a focus on problem-solving.

Responsibilities

• Manage broker/cedent insurance/reinsurance portfolio and accounts.
• Monitor cash statements and communicate with brokers and cedants.

Skills

Technical Skills

Analytical Skills

Problem Solving

Communication Skills

Collaboration Skills

Education

Bachelor's degree in accounting or relevant discipline

CA/ARe/CPA/CFA certification

Tools

Excel

MS Office

SICS

eMessaging

Job description

Are you a motivated accountant looking to advance your career in a dynamic, global financial environment? PartnerRe, a leading global reinsurance company, is expanding its Reinsurance Accounting Team in Toronto, and we are looking for talented Reinsurance Accountants to join our team.

We offer a supportive work environment that fosters professional growth and development. Whether you are actively looking for your next opportunity or exploring future career possibilities, we invite you to submit your application.

Company Description

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.

Job Description

Job Summary

This role is based in our PartnerRe Toronto office and will report to the Local Head 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.

Accountabilities

Your mission will be to manage an assigned broker/cedent insurance/reinsurance facultative and treaty portfolio, which you will verify, process, monitor and analyse.

What You’ll Do:

• 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
• Work closely with cross-functional teams.
• 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

What We’re Looking For:

• Bachelor’s degree in accounting or relevant discipline. CA/ARe/CPA/CFA certification is a plus.
• At least 3 years’ experience in Reinsurance accounting field.
• Good technical and analytical skills, problem solving oriented and able to take decisions.
• Proficiency in Excel and MS Office.
• Experienced in eMessaging (electronic messaging) and the reinsurance data system SICS is a plus.

Who You are:

• A team player with strong communication and collaboration skills.
• Fluent in English (both written and spoken). 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 to be challenged, and your openness to new ideas and your can-do attitude are part of your strengths.

Additional Information

Why PartnerRe?

• Join a global industry leader in reinsurance with a strong corporate culture.
• Gain valuable experience in a multinational financial environment.
• Be part of a supportive, dynamic, and high-performing global team.

If you're interested in being considered for future Reinsurance Accountant roles at PartnerRe, we encourage you to apply today.

Apply today and take the next step with PartnerRe.

#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.