Senior Accountant, Outward Reinsurance

Fluid - Solutions de Talents / Workforce Solutions; Montreal; On-site; CAD 70,000 - 90,000; Full time

Job summary

A leading company is seeking a Senior Accountant specializing in Outward Reinsurance in Montreal. The role demands high-quality accounting to manage reinsurance activities and ensure compliance with treaty terms. Candidates should have at least 5 years of experience and a Bachelor’s degree. The position fosters collaboration with various teams and stakeholders, making strong interpersonal skills essential.

Qualifications

• Minimum 5 years in outward reinsurance accounting or similar role.
• Strong analytical and critical thinking skills.
• Demonstrated client service efficiency.

Responsibilities

• Manage and analyze all outward reinsurance activities.
• Produce outward retrocession reporting, bordereaux and funding statements.
• Oversee accounts payable and receivables for contracts.

Skills

Analytical Skills

Critical Thinking

Client Service

Interpersonal Skills

Responsiveness

Education

Bachelors degree in accounting, Finance, or a related field

Tools

Microsoft Office

Job description

Role: Senior Accountant, Outward Reinsurance

Permanent position

Montreal, Quebec 5 days in office

Fully Bilingual

KEY OBJECTIVE:

Reporting to the AVP Reinsurance Accounting, the Senior Accountant, Outward Reinsurance is responsible for managing and analyzing all outward reinsurance activities. This role involves close collaboration with brokers, underwriters, actuaries, and claims teams to ensure accurate financial reporting and compliance with treaty terms as well overseeing the collection of loss recoveries. The position requires high-quality accounting work to meet monthly and quarterly closing deadlines.

MAJOR RESPONSIBILITIES:

• Responsible for producing the outward retrocession reporting, bordereaux and funding statements.
• Ensure that reinsurance accounts are reported in accordance with treaty terms.
• Oversee the accounts payable and receivables for the outward reinsurance contracts and ensure timely collection of loss recoveries.
• Build and foster strong relationships with internal and external partners.
• Accurately post accounts into the reinsurance accounting system.
• Process all related cash receipts and payments and verification of broker invoices.
• Oversee collateral funding to ensure adequate coverage.
• Identify gaps and make recommendations to improve efficiencies.
• Participate in department projects.

QUALIFICATIONS:

• Experience in outward reinsurance accounting or a similar financial role, minimum 5 years.
• Bachelors degree in accounting, Finance, or a related field.
• Strong analytical and critical thinking skills.
• Demonstrated elevated level of responsiveness, client service and efficiency when working with internal and external stakeholders.
• Excellent communication and interpersonal skills.
• Intermediate or Advanced knowledge of Microsoft.

Thank you for your interest in our posting.

Please note that only candidates whose qualifications closely align with the requirements of the role will be contacted.

Fluid is an equal opportunity employer committed to fostering an inclusive and diverse workplace. We welcome and encourage applications from individuals of all backgrounds.

Applicants must be legally authorized to work in Canada.