Reinsurance Accountant

EVEREST; Ciudad de México; Presencial; MXN 30,000 - 70,000; Jornada completa

Descripción de la vacante

Join a leading global reinsurance provider as a Reinsurance Accountant, where you'll manage reinsurance accounting for Mexico and ensure compliance with US GAAP and local standards. This role offers an exciting opportunity to collaborate with various departments, analyze financial reports, and contribute to the company's growth. With a commitment to developing its people, the company provides dynamic training, flexible work arrangements, and a culture that values diversity and inclusion. If you're self-motivated and eager to learn, this is the perfect opportunity to advance your career in a supportive environment.

Servicios

Pension scheme

Medical coverage

Travel loans

Gym subsidies

Support for professional qualifications

Formación

• Experience in property and casualty insurance or reinsurance accounting preferred.
• Understanding of ceded reinsurance accounting functions.

Responsabilidades

• Manage reinsurance accounting for Mexico, ensuring accuracy of contract details.
• Prepare financial reports related to reinsurance activities.

Conocimientos

Qualified accountant

Reinsurance accounting

Excel proficiency

Analytical skills

Interpersonal skills

SQL knowledge

Problem-solving skills

Educación

Bachelor's degree in Accounting or related field

Herramientas

XL Pro

Microsoft Excel

Descripción del empleo

Title: Reinsurance Accountant

Company:

Compañía De Seguros Generales Everest México

Job Category:

Finance

Job Description:

It’s an exciting time for Everest Re Group, Ltd. (“Everest”)! As we continue our journey, we see significant opportunities to expand our reach, build diversity, and enhance our capabilities in critical markets.

Everest is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in Bermuda, Canada, Europe, Singapore, US, and other territories. Our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture. Throughout our history, Everest has maintained discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management. Our most valuable asset is our people.

At Everest, we are committed to developing our people. We offer dynamic training and professional development, including:

• Continuing education
• Mentoring opportunities
• Flexible work arrangements
• Talent development initiatives
• Networking groups

Everest is a growth company with $14 billion in gross written premium, offering property, casualty, and specialty products through its subsidiaries worldwide. We are recognized for underwriting excellence, client relationships, and financial strength, with ratings of A+ (A. M. Best), A+ (S&P Global), and A1 (Moody’s).

Key Responsibilities:

1. Reinsurance Accounting
   • Manage reinsurance accounting for Mexico, including setting up treaties and facultative reinsurance contracts in the ceded reinsurance accounting system (XL Pro and VT), ensuring accuracy of contract details.
   • Validate contract setup and calculations, ensuring consistency with contract documentation.
   • Ensure timely quarterly financial reconciliations supporting US GAAP and local standards.
   • Collaborate with relevant departments to interpret and recognize complex reinsurance agreements.
   • Account for ceded balances outside of XL Pro.
2. Reporting and Statements
   • Prepare and analyze financial reports related to reinsurance activities.
   • Deliver management reports to guide reinsurance strategy.
   • Prepare ceded accounts, bordereaux, and related payments.
   • Support actuarial and financial reporting requirements.
   • Ensure timely collection and payment of balances.
   • Support system implementation and process improvements.
   • Maintain compliance with accounting standards and internal policies.
   • Assist with audits, MI, documentation, and reconciliations.
   • Review binding documentation for regulatory and tax compliance.
   • Coordinate regulatory submissions and reinsurance tax processes.
   • Validate reinsurance financial statement notes for compliance.

Skills and Experience:

• Qualified accountant or related field.
• Experience in property and casualty insurance or reinsurance accounting preferred.
• Understanding of ceded reinsurance accounting functions.
• Knowledge of XL Pro or similar RI systems is desirable.
• SQL knowledge is a plus.
• Proficiency in Microsoft Excel (PivotTables, VLOOKUPs).
• Strong analytical, problem-solving, and technical skills.
• Excellent interpersonal, communication, and organizational skills.
• Self-motivated with a desire for continuous learning.

The role requires embracing Everest’s core values: Agility, Success, Collaboration, and Development. We are committed to an inclusive, diverse workplace and offer competitive benefits, including a pension scheme, medical coverage, travel loans, gym subsidies, and support for professional qualifications.

Equal Opportunity Employment:

Everest is an equal opportunity employer. All qualified applicants will receive consideration without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or other protected characteristics. We provide reasonable accommodations for persons with disabilities. Contact Everest Talent Acquisition at 0203 887 2500 or [e-mail] for accommodations.

Additional Information:

If you do not meet every requirement but are excited about this role, we encourage you to apply. We value diversity and inclusion and are committed to supporting our employees.

Our Culture:

At Everest, our purpose is to provide protection worldwide. We foster a culture driven by our values: Talent, Risk, Execution, Efficiency, Humility, Leadership, Collaboration, Inclusion, and Belonging. Our behaviors include Respect, Pursuing Better, Leading by Example, Owning Outcomes, and Winning Together.