Reinsurance Manager

Accounting Houston, Texas


  • Job Category:

    Accounting

  • Location:

    Houston, Texas

  • Job Type:

    Full Time

  • Group:

    Corporate

  • Number of Openings:

    1

Description

Position at Tokio Marine HCC

Job Summary:
Responsible for all activities related to the management of Accounting/Reinsurance professionals including administering the company's reinsurance accounting policies and practices and the preparation of its financial statements.

Key Responsibilities:

  • Manage reinsurance reporting for assigned companies including allocated supervisory and analytical staff.
  • Review and approve analysis and reports for assigned companies including treaty settlements/billings, profit commissions, etc.
  • Review and approve journal entries for general ledger, sub-ledgers, and reconciliations to the general ledger. Review sub-ledgers.
  • Approve financial documents in the SharePoint system.
  • Manage intercompany payables and receivables
  • Manage letters of credit and related funding requirements.
  • Respond to inquiries from reinsurers, reinsurance brokers, auditors and issuing companies.
  • Analyze, propose, and implement changes to business processes and systems.
  • Manage the preparation of ad hoc reports for Senior Management, Auditors, Actuaries, and Accounting.
  • Oversee timely collection of receivables and payables to reinsurers/brokers.
  • Works with manager for final hiring decisions and equity of workload distributions.

Planning

  • Develop work plans, establish timelines, and set goals for assigned work unit.
  • Assign resources as needed.
  • Meet commitments on deadlines.

Communication

  • Communicate team or group results to management and make appropriate recommendations.
  • Prepare written and verbal presentations to convey information.

Cost Management

  • Drive improvement in existing business processes and assist in the identification and implementation of new processes.
  • Assist in development and is accountable for budget for work unit.
  • Work within financial objectives set by management.

Business Controls and Policies

  • Comply with all corporate policies and procedures.
  • Identify control objectives for designated function and implement cost-effective controls designed to meet those objectives.
  • Test controls to determine if they are performing as intended.

People Management

• Has full HR responsibility for direct reports including making hiring decisions, training, coordinating work, establishing standards, reviewing work, conducting performance appraisals, and providing coaching or counseling.

Minimum Qualifications:
  • Bachelor's degree in Accounting, Finance, a related field or the equivalent education and/or experience
  • 6 years of relevant and progressive experience in Accounting and/or Finance that includes at least three years in Reinsurance Reporting.
  • 3 years of leadership experience

Other desired skills / qualifications:

  • Possess and have ability to apply advanced knowledge of principles, practices, and procedures
  • Excellent written and verbal communications skills with an emphasis on confidentiality, tact, and diplomacy
  • Superior organizational and analytical skills; demonstrated ability to manage multiple tasks simultaneously
  • Knowledgeable of industry changes, legal updates, and technical developments related to applicable area of the Company's business to proactively respond to changing business environment
  • Advanced proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)


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