Reinsurance Reporting Principal

Oliver James Group; Florida; On-site; USD 120,000 - 150,000; Full time

Job summary

Oliver James Group is seeking a Reinsurance Reporting Principal to support complex financial analysis, forecasting, and reporting. The role requires deep financial knowledge and the ability to collaborate across teams to drive strategic decisions.

Responsibilities include leading bordereaux reporting, developing high-level statements, and guiding strategic initiatives while ensuring compliance and strong controls.

Qualifications

• Advanced degree in Finance, Accounting, Economics, Mathematics or related field.
• 5-7 years in reinsurance accounting, principal or senior role.
• Proven project management and strategic financial insights.

Responsibilities

• Lead bordereaux reporting and analysis.
• Develop and maintain financial reports with insights for decisions.
• Prepare monthly, quarterly, and annual statements including reports.
• Analyze historical data to forecast performance and model planning.
• Identify risks in processes and mitigate them.
• Ensure regulatory compliance and internal controls.
• Collaborate with internal/external auditors during reviews.
• Provide data-driven insights for strategic initiatives and KPIs.
• Manage financial projects to ensure timely delivery.
• Drive process improvements via automation and analytics.
• Work with IT to integrate financial systems and data.
• Lead upgrades to scalable financial processes.
• Collaborate with operations, IT, finance and leadership.
• Communicate complex data clearly to non-financial stakeholders.
• Mentor junior analysts and share best practices.

Skills

Analytical thinking

Problem-solving

Communication skills

Leadership

Mentorship

Team collaboration

Education

MSc or MBA preferred

Tools

Advanced Excel

ERP systems

SQL

Job description

The Reinsurance Reporting Principal plays a critical role in supporting complex financial analysis, forecasting, and reporting for the organization. This position requires a deep understanding of financial principles, advanced analytical skills, and the ability to work collaboratively with various cross-functional teams to drive strategic decisions.

Key Responsibilities:

• Financial Analysis and Reporting:
• Lead bordereaux reporting and analysis.
• Develop and maintain comprehensive financial reports, providing insights to inform key business decisions.
• Prepare high-level monthly, quarterly, and annual financial statements including management reports.
• Analyze historical data to project future financial performance and prepare financial models for forecasting and planning.
• Risk Management and Compliance:
• Identify potential risks in financial processes and recommend improvements for mitigating those risks.
• Ensure compliance with regulatory requirements and internal controls.
• Collaborate with internal and external auditors during reviews and audits.
• Strategic Support and Initiative Management:
• Provide data-driven insights to support strategic initiatives, mergers, acquisitions, and other complex projects.
• Assist in the development of strategic business plans and key performance indicators (KPIs).
• Manage and oversee assigned financial projects, ensuring timely and accurate delivery.
• Process Improvement and System Integration:
• Drive process efficiency improvements through the application of automation, AI, and advanced analytics.
• Work with IT and other departments to ensure seamless integration of financial systems and data reporting.
• Lead initiatives to upgrade financial processes, ensuring they're scalable and adaptable to business needs.
• Cross-Functional Collaboration:
• Collaborate closely with operations, IT, finance, and executive leadership to align financial plans with business goals.
• Communicate complex financial data and insights to non-financial stakeholders in a clear and actionable manner.
• Mentor and guide junior analysts and team members, sharing knowledge and best practices.

Required Skills and Qualifications:

Educational Background:

• Advanced degree in Finance, Accounting, Economics, Mathematics, or a related field (MSc, MBA preferred).

Professional Experience:

• Minimum of 5-7 years of experience in reinsurance accounting, preferably in a principal or senior role.
• Proven experience in managing complex projects and providing strategic financial insights.

Technical Skills:

• Proficiency in advanced Excel, ERP systems, SQL, and other relevant financial software.
• Strong understanding of financial modeling, valuation techniques, and regulatory frameworks.

Soft Skills:

• Analytical thinking and problem-solving skills with attention to detail.
• Excellent communication and presentation skills.
• Ability to work collaboratively with diverse teams and manage multiple projects simultaneously.
• Strong leadership and mentorship capabilities.
• Opportunity to develop further expertise in financial analysis, industry-specific knowledge, and leadership skills.
• Potential involvement in professional certification programs such as CPA, CFA, or similar designations.
• Participation in advanced training programs and workshops to keep abreast of the latest in financial analysis and technology trends.

Performance Metrics:

• Accuracy and timeliness of financial reports and analysis.
• Contribution to strategic projects and initiatives.
• Effectiveness in process improvements and efficiency gains.
• Quality of cross-departmental collaboration and communication.