Junior Associate Director, Client Operations, Reinsurance

Company:  MUFG Investor Services
Location: Halifax
Closing Date: 06/08/2024
Hours: Full Time
Type: Permanent
Job Requirements / Description
Job Description Manage a small team and oversee all day-to-day transaction bookings, cash and accounting management for a Bermuda based reinsurance companyReview and analysis of a variety of catastrophe reinsurance contractsSupport the reinsurance accounting team to ensure seamless integration of middle office and NAV functionsInvestigate issues pertaining to claims payment and premiums receipts, transaction settlements and reconciliation of tradesOversee and review accounting journal entries, balance sheet reconciliations, collateral/counterparty reconciliations and provisioning for Losses and Reserves Manage and assist in the preparation of daily/weekly/monthly management accounts and reporting packagesActively participate in the preparation of annual audited financial statements and other regulatory reporting requirementsPerform and oversee transactions from post-trade through to audit completionBe proactive in developing and maintaining client relationshipsEnsure that all client deliverables are on time and meet set quality standardsActively assist with internal and ISAE audit mandates as requiredResolve and escalate issues and queries raised by the client in a timely manner and maintain a high level of client satisfactionManage, train and develop junior team members as assignedIdentify and highlight opportunities for internal process improvement and increase in efficiencyParticipate in various systems initiatives and projects and other duties as assignedAny other ad-hoc tasks as requiredPerform other duties as assigned and incidental to the work described above.QualificationsA recognized professional accounting designation (e.g. CA/CPA/ACCA/CGA) with a minimum of 6 years post qualification experiencePreference for a study toward a second professional designation or courses in the CPCU or ARe programPrior experience with an audit firm including audits of reinsurance and or fund entities.Strong, demonstrable working knowledge of reinsurance products and the insurance industry, including experience reviewing, accounting for and/or auditing reinsurance contracts and reinsurance entities.Advanced financial accounting and/or auditing skills including experience accounting for complex financial instrumentsProven ability to gain and retain client confidence.Ability to work efficiently within strict deadlines, where significant overtime may be requiredStrong communication and interpersonal skills (oral, written and presentation)Have experience in leading team, strong in coordination and people management, possess excellent planning and organizational skillsBe able to demonstrate a thorough understanding of ILS, transformers, funds, fund structures, trading strategies, financial instruments and fund offering documentationAdditional InformationExperience something Brilliantly Different with a career with MUFG Investor Services. Who are we? In a nutshell, MUFG Investor Services is part of the Mitsubishi UFJ Financial Group family, and we partner with over 480 loyal global investment firms to provide them with administration, asset services, banking, and fund financing. We're in 14 global locations and provide an exceptional hub of Brilliantly Different talent to thrive. Still interested?
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