Assistant Vice President, Insurance Management - Catastrophe Bonds

Arthur J. Gallagher & Co. (AJG); Hamilton; On-site; GBP 65,000 - 90,000; Full time

Job summary

Artex is seeking an Assistant Vice President, Insurance Management - Catastrophe Bonds to deliver high-quality management and administration for its catastrophe bond and ILS portfolio.

You will serve as a senior day-to-day contact for clients and stakeholders, overseeing lifecycle events, reporting, and regulatory compliance while supporting process improvements and system enhancements.

Qualifications

• Professional accounting designation (CA/CPA/ACA/ACCA) is required.
• Minimum 3 years’ recent (re)insurance experience in financial reporting or accounting.
• Experience in insurance-linked securities or catastrophe bond management is strongly preferred.
• Knowledge of Bermuda and/or Cayman (re)insurance market and regulatory environment.
• Strong IFRS and U.S. GAAP knowledge, including insurance and investment accounting standards.
• Advanced Excel, Word and PowerPoint skills; experience with general ledger reporting.

Responsibilities

• Provide accounting and administrative services to catastrophe bonds and other ILS entities.
• Oversee the full lifecycle of catastrophe bond transactions, including onboarding, reporting, and liquidation.
• Act as senior day-to-day contact for sponsors, structuring agents, counsel, trustees, regulators and service providers.
• Coordinate transaction activities, monitor premium receipts, coupons, and expense payments; handle KYC requests.
• Review client working papers, management accounts and IFRS/GAAP financial statements.
• Prepare regulatory filings and communicate compliance requirements to stakeholders.
• Collaborate with cross-functional teams to standardise processes and use of platforms.

Education

CA/CPA/ACA/ACCA

Job description

Introduction

At Artex, we reimagine what risk management can be and we do it with bold thinking, deep expertise, and an unwavering belief in what’s possible. As part of our global team, you’ll help clients navigate complex risks through creative, forward-looking solutions that go beyond the expected. This is a place where innovation is encouraged, ideas are welcomed, and no two days look the same. We’re a community of confidently curious problem-solvers, opportunity seizers, and collaborative thinkers, working together to challenge convention and shape the future of our industry. Here, you’ll be supported to explore your potential, grow your expertise, and make a meaningful impact on a global scale.

Overview

The Assistant Vice President, Insurance Management - Catastrophe Bonds is responsible for delivering high-quality management and administration services to a portfolio of catastrophe bond and other insurance linked security entities throughout their full life cycle. The role acts as a senior day-to-day contact for clients and transaction stakeholders, provides review and oversight across key deliverables, and supports the continued development of consistent processes, controls and technology-enabled service delivery

How you’ll make an impact

• Provide accounting and administrative services to a portfolio of catastrophe bonds and other insurance linked security entities.
• Oversee the full operational life cycle of assigned catastrophe bond transactions, including incorporation and onboarding, regulatory registration, issuance, ongoing reporting and servicing, and liquidation.
• Act as a senior day-to-day contact for a variety of catastrophe bond stakeholders, including (but not limited to); sponsors, structuring agents, deal counsel, trustees, banks, regulators and other service providers.
• Coordinate key transaction activities, including monitoring premium receipts, coupon payments, distribution of deal documentation, payment of expenses and completion of both internal and external KYC (Know Your Customer) requests.
• Monitor client compliance with relevant laws and regulations in conjunction with the Client Service Director and Compliance team, elevate issues promptly and support remedial action where required.
• Perform a review function on specific client working paper files, management accounts and IFRS/GAAP financial statements.
• Coordinate, prepare and review regulatory filings and communicate applicable compliance requirements to relevant stakeholders.
• Liaise with client personnel and service providers.
• Prepare meeting materials and deliver clear, professional presentations at client meetings
• Collaborate with cross-functional teams to develop and implement systems, tools and processes that support timely, accurate and consistent client service.
• Support the standardisation of processes, controls and the effective use of third-party applications and platforms, including Synergy.
• Follow all policies and procedures in accordance with applicable laws, rules, regulations and internal risk control standards.
• Contribute to ACS Dominant Priorities and the strategic direction of the company.
• Assist with development and monitoring of internal systems and controls to ensure they remain effective and fit for purpose.
• Maintain and enhance technical and industry knowledge through relevant professional and educational opportunities.
• Lead and contribute to other projects and business initiatives as assigned.

About you

• A professional accounting designation (CA, CPA, ACA, ACCA).
• At least 3 years’ recent (re)insurance experience in financial reporting or accounting with a (re)insurer, Insurance Manager or audit firm.
• Experience in insurance-linked securities or catastrophe bond insurance management is strongly preferred.
• Knowledge of the Bermuda and/or Cayman (re)insurance market and regulatory environment.
• Strong technical knowledge of IFRS and U.S. GAAP including an excellent understanding of insurance and investment accounting standards.
• Strong financial reporting, analytical, organizational and time-management skills.
• Advanced proficiency in Microsoft Excel, Word and PowerPoint.
• Experience and current working knowledge of reporting from general ledger systems.
• Ability to manage multiple priorities, respond to changing requirements and deliver accurately within deadlines across multiple time zones.
• Highly motivated individual who is deadline driven and committed to delivering an excellent level of client service.
• Excellent verbal, written, organizational skills with the ability to engage effectively at all levels.

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