Reinsurance Finance Manager

JR United Kingdom; Cheltenham; Remote; GBP 40,000 - 80,000; Full time

Job summary

A leading technology-fuelled insurance platform seeks a Reinsurance Finance Operations Specialist to manage day-to-day operations, ensure compliance with financial controls, and coordinate stakeholder interactions. This role emphasizes financial reporting, process improvement, and effective collaboration across teams within the dynamic insurance sector. Candidates should possess strong finance expertise, preferably in a global insurance context, and be motivated self-starters.

Benefits

Flexible time off

High-quality health and dental benefits

Remote work options

In-person travel opportunities

Qualifications

• Experienced finance professional with depth of knowledge in both US GAAP and insurance.
• Degree in Accounting or Finance required, CPA preferred.
• Competent in Microsoft software packages.

Responsibilities

• Manage day-to-day operations of controls, audit, and SII reporting.
• Build and maintain Reinsurance SOX controls; perform control testing.
• Act as liaison between departments and coordinate stakeholders.

Skills

Knowledge of US GAAP

Insurance experience

Financial controls implementation

Competence in Microsoft software (Excel, Word, PowerPoint)

Education

Degree in Accounting or Finance

Certified Public Accountant

Job description

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Accelerant Insurance is a technology-fuelled insurance platform that empowers MGUs to more effectively and confidently serve small and medium enterprises (“SMEs”). We’re rebuilding the way that MGUs share and exchange risk by aligning incentives to improve outcomes for everyone, with a focus on the SMEs that power our global economy and their niche insurance needs. As the non-carrier carrier, we offer a full-service risk exchange that supports our carefully selected, best-in-class network of Member MGUs. Our members focus on serving the needs of small and medium-sized businesses, with a particular emphasis on property and casualty insurance. We leverage granular data to deliver unprecedented insight into opportunities, and our specialty portfolio is fully diversified with very low catastrophe, aggregation or systemic risk.

Job Overview:

We are seeking a highly organized and detail-oriented Reinsurance Finance Operations Specialist to join our dynamic reinsurance team. In this role, you will manage and support the day-to-day operations of our controls, audit and SII reporting, ensuring accurate reporting, and effective coordination between internal and external stakeholders.

Key Responsibilities:

• Build and maintain Reinsurance SOX controls
• Perform control testing and analysis

Audit point of contact

• Work with the internal audit team for all documents they need
• Work with external auditors and collect needed documents from the team

Maintain Reinsurance documentation

• Continuously update and create Reinsurance policy documents
• Create all needed flow charts and diagrams

Solvency II reporting

• Support financial reporting including quarterly and annual statutory statements,
• Complete all the S30 forms

Process improvement

• Actively contribute to strategic initiatives such as financial system implementations and executing on our target operating model
• Collaborate with cross-functional teams to implement best practices and enhance the overall operational performance of the reinsurance function.
• Perform a variety of analysis to support a growing business

Stakeholder Coordination

• Act as a liaison between various departments
• Provide expertise to internal teams on controls and SII

Qualifications:

• Experienced finance professional with depth of knowledge in both US GAAP, insurance experience and US Statutory Accounting Principles, preferred
• Degree in Accounting or Finance
• Certified Public Accountant, preferred
• Experience working in a Finance function within a Global Insurance Company or Insurance Agency, preferred
• Implementation of Financial controls and testing
• Highly motivated and takes pride in their work and has a conscientious and diligent work ethic
• Competent with Microsoft software packages (Excel, Word & PowerPoint)
• Approachable and works well both in a team and individually

Work-life balance: We believe that taking time to rest and recharge makes us all better. That’s why we offer flexible time off and encourage our team to take the time they need to prioritize their health and well-being.

Health and wellness: We offer high-quality health, dental, and other benefits to ensure our team members have access to the care they need.

Remote work: Work where you’re most productive and fulfilled. This position is open to remote candidates across the U.S. Canada, and UK, who have the flexibility to work with our teams distributed across Europe and North America. Most cross-team collaboration happens in the mornings of the Eastern Time Zone.

Travel: We value face-to-face connections and believe that in-person interactions can enhance collaboration and build stronger relationships. Travel could be a small part of your role, with opportunities to connect with your team and our members in person.