11 Aug
|
AXIS (AXIS Capital)
|
Nova Scotia
11 Aug
AXIS (AXIS Capital)
Nova Scotia
Job Description: Ceded Re reporting Analyst
Advance the Company’s growth and profitability goals through the enablement of the Ceded Reinsurance Strategy
Provide clear accountability for outward reinsurance contract administration, outward reinsurance controls and outward reinsurance reporting
Drive process excellence and better data and analytics through technological enablement and our partnership with Genpact
How does this role contribute to our collective success?
AXIS is a global insurer and reinsurer focused on specialty lines and treaty reinsurance. AXIS is headquartered in Bermuda and operates in North America, EMEA, Asia, and Global Markets (including Lloyd’s).
What will you do in this role?
The Ceded Re Analyst – Reporting (CRM) will report to the Ceded Re Lead who reports to the Global Head of Ceded Re Finance and Operations. The CRM will lead the global ceded reinsurance reporting and collateral function and ensure timely and accurate reporting per regulatory and corporate requirements.
Global Ceded Reporting and Collateral Management
Ceded Reporting
Assist in preparation and analysis of ceded reinsurance results for Group/legal entities/business units for financial close and reporting
Assist reinsurance reporting, including monthly or quarterly reports, to committees / boards and Group / legal entity
Ceded regional reporting includes but not limited to US STAT, Bermuda, Canada, Lloyds, Solvency II and US GAAP
Regulatory reports include quarterly SEC supplement, Solvency II templates and QRTS, Singapore MAS reports, Syndicate reports and others
Assist and support preparation of other reports and analysis, including but not limited to reinsurance recoverable reports, risk transfer analysis and memos
Support ProCede Schedule F module administration
Ceded Collateral Management
Assist in collateral reviews and reporting related to ceded reinsurance contracts
Market reporting and coordination to obtain collateral increases and return of overfunding per contract terms
Quarterly review of balances and collateral for Captives
Assist in management and safekeeping of ceded collateral – letters of credit, trusts and funds withheld
Assist and support regulatory compliance
Develop strong relationships with internal and external clients to ensure accurate communication and timely response to inquiries
Support reporting team to ensure accurate and timely reporting
Ensure departmental compliance with operational controls including SOX controls
What you need to have:
Bachelor’s degree in Accounting or equivalent
1-5 years of experience in reinsurance reporting
Strong analytical and reconciliation skills
Proficiency in Microsoft Office suite – Outlook, Word, PowerPoint
Advanced Excel knowledge required
Internationally recognized qualification pursuit or equivalent experience (CPA, CA, ARe, CPCU) a plus
Retrocession and/or third‑party capital industry knowledge with operations and reporting experience a plusExperience with ceded reinsurance and financial systems – ProCede and Oracle/SmartView a plus
What we prefer you to have:
Highly motivated and organized to drive company initiatives, showing a strong level of accountability, integrity, and professionalism
Ability to meet tight deadlines, work effectively during occasional challenging timelines and respond to changing priorities
Team player with ability to collaborate with internal and external customers, understand the needs and goals of a customer and actively look for ways to meet or exceed them
Good oral and written communication skills, which will include report writing skills and the ability to develop and maintain effective working relationships
Highly numerate with analytical and problem‑solving abilities
Role factors
In this role, you will typically be required to be in the office 3 days per week.
What we offer
You will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid annual leave, and much more. For this position, we currently expect to offer a base salary in the range of $65,000–$75,000 in Alpharetta and $45,000–$55,000 CAD in Halifax. Competitive target incentive compensation will be offered based on overall corporate and individual performance.
We are an equal prospect employer. All qualified applicants will receive consideration for employment without regard to any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern our operations.
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📌 Ceded Re Reporting Analyst (Nova Scotia)
🏢 AXIS (AXIS Capital)
📍 Nova Scotia