Technical Accounting Analyst

Accounting/Finance New York, New York

Description

 

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Technical Accounting Analyst                                                                                                                             

Hybrid - New York, New York

 

Who We Are

SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as ‘One SiriusPoint’, to apply expertise and underwrite risks across our four operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance.

We have underwriting hubs in Bermuda, Liege, London, New York, Stockholm and Toronto, and licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally. 

Join Our Team  

You will be part of the Direct & Ceded Technical Accounting team supporting the global Finance organization

Your responsibilities will include:

  • Support the Insurance and Reinsurance accounting process, ensure business (direct, assumed, outwards) is properly coded; the data is correctly entered in SICS, reconciled, and reported accurately.
  • Communicate effectively with internal departments (underwriting, claims, actuarial, audit, finance/accounting), Brokers, Reinsurers, MGA/MGUs 
  • Documenting processes by creating SOPs.
  • Coordinate with Outwards accountants ensuring accurate recoverables, collections and cash application in SICS.
  • Oversee and process various Direct and Ceded programs including premium and claims bookings as well as payment processing in SICS and Workday.
  • Oversee imprest accounts, trusts, funds held, cash loss advances for various programs.
  • Allocation of incoming/outgoing settlements in the accounting system (SICS)
  • Maintaining financial records, keeping accounts up to date with current transactions
  • Weekly Control Reporting, (Unsettled balances, Unsettled Remittances, Transaction Control, Return Premium Control)
  • Ensuring timely and efficient settlement of Technical Payments
  • Filing of all technical accounting correspondence and support deck within iManage document management system.
  • Assist in the development and improvement of existing technical accounting processes.
  • Ability to manage and manipulate large amounts of data

 

 United behind common goals

At SiriusPoint we work as one team across our global business, and we unite that team behind common goals, understanding the positive impact we can all make at SiriusPoint. We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career.

Our Purpose is to provide security and resilience in an uncertain world.

Our Vision is to be recognized as a best-in-class insurer and reinsurer utilizing deep risk capabilities to protect our customers. Blending our talent, expertise and data to provide intelligent risk solutions.

Our culture is one of performance and accountability. Our people are our experts and you will be empowered to apply your expertise in a supportive, collaborative and purposeful environment.

Our Values are at the heart of our business, and which guide every day actions and decision making.

  • Integrity: Integrity, respect and trust are our core principles
  • Customer Focused: Our customers are the reason we exist
  • Solution Driven: Creating solutions is our mindset
  • Diversity: Diversity, inclusion and allyship make us stronger
  • Collaboration: Collaboration drives outperformance
     

Your skills and abilities should include:

  • Bachelor’s degree, preferably in Business or similar like Finance/Accounting
  • Up to 2 years of accounting and/or financial operations in insurance
  • Experience from the insurance and reinsurance sector is a merit as well as working in a global operation.
  • Oral and written proficiency in English
  • Analytical mindset with problem-solving skills
  • Excellent communication and interpersonal skills
  • Ability to work to tight timescales and meet strict business deadlines.
  • Good Microsoft Office knowledge, intermediate Excel, Word, Outlook etc.
  • SICS experience a plus
  •  Ability to take responsibility, work proactively and continuously improve activities in complex, quickly transforming environments.

 SALARY:  The estimated salary range for this position is $70,000 to $85,000 per year.  This is a good-faith assessment of the salary range for this position only.  In determining the actual salary within this range, SiriusPoint will consider a candidate’s relevant experience, location, and other job-related factors.

Why Should You Join SiriusPoint?
Our people are our experts, and from day one you will be empowered to apply your expertise in a supportive, collaborative, and purposeful environment. Our Values - Integrity, Customer Focused, Solution Driven, Diversity, and Collaboration - are at the heart of our business, and they guide our everyday actions and decision making. We also unite our global team behind common goals, ensuring you can make a meaningful impact.

We aim to retain and attract great people, knowing they can achieve a rewarding and enriching career. We offer a competitive and above market compensation package. The following are some of the benefits and perks we offer our employees:

  • Medical 
  • Dental 
  • Vision
  • FSA Medical and Dependent care
  • Health Savings Account (HSA)
  • EAP
  • Basic Life and AD&D (company paid)
  • Basic Long-Term Disability (employer) paid-Taxable income
  • Employee paid Long Term Disability(voluntary)
  • Company Medical Leave, Parental leave- 8 weeks full pay after 6 months of service
  • Voluntary benefits: short term disability, Critical illness, Hospital Indemnity, Accident
  • Travel assistance programs Company paid
  • 401(k) 6 % safe harbor match, fully vested after two years, pre- and post-tax contributions allowed
  • Gym reimbursement
  • Legal plan 
  • Pet Insurance 
  • Tuition reimbursement
  • Generous PTO
  • Flexible work arrangement
  • Fully stacked pantry on-site
  • Team outings
  • ERG Groups

We Achieve More Together
At SiriusPoint, we know that diversity, inclusion and allyship make us stronger. We value and are committed to supporting the unique voices, backgrounds, cultures, lifestyles, and contributions of the diverse global employee base that make up our business.

We know that a diverse and equitable culture, where all voices are included and heard, is critical to our success as an employer. We are committed to developing our DE&I strategy to ensure that SiriusPoint remains a supportive and empowering place of work.