Junior Associate Director, Client Operations, Reinsurance

• Full-time
• Rank: Senior Associate
• Employment Type: Permanent Full Time

Company Description

MUFG Investor Services provides asset servicing solutions to the global investment management industry. Leveraging the financial and intellectual capital of MUFG – one of the largest banks in the world with $2.8 trillion in assets – we provide clients access to a range of leading solutions from fund administration, middle-office outsourcing, custody, foreign exchange, trustee services and depository to securities lending and other banking services.

With a diverse and dynamic network of offices across the globe, MUFG Investor Services provides challenging and rewarding careers. We achieve this by offering continuous learning and development, collaborative team work environment, promotion of work-life integration, and exposure to a wide variety of work.

Imagine your future at MUFG Investor Services where you can grow professionally, in a diverse and inclusive workplace that rewards your contribution.

Job Description

• Manage a small team and oversee all day-to-day transaction bookings, cash and accounting management for a Bermuda based reinsurance company
• Review and analysis of a variety of catastrophe reinsurance contracts
• Support the reinsurance accounting team to ensure seamless integration of middle office and NAV functions
• Investigate issues pertaining to claims payment and premiums receipts, transaction settlements and reconciliation of trades
• Oversee 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 packages
• Actively participate in the preparation of annual audited financial statements and other regulatory reporting requirements
• Perform and oversee transactions from post-trade through to audit completion
• Be proactive in developing and maintaining client relationships
• Ensure that all client deliverables are on time and meet set quality standards
• Actively assist with internal and ISAE audit mandates as required
• Resolve and escalate issues and queries raised by the client in a timely manner and maintain a high level of client satisfaction
• Manage, train and develop junior team members as assigned
• Identify and highlight opportunities for internal process improvement and increase in efficiency
• Participate in various systems initiatives and projects and other duties as assigned
• Any other ad-hoc tasks as required
• Perform other duties as assigned and incidental to the work described above.

Additional Information

At MUFG Investor Services, we are exceptionally proud of our approach to Hybrid Working. It enables the flexibility to thrive from wherever our employees work and, stay connected to their team and our culture. When we make Hybrid Working plans, we get to know the individual and pride ourselves in underpinning all our decisions with fairness and consistency.

MUFG Investor Services provides all of its employees with an extremely attractive compensation package. In addition to base salary, there is a group medical insurance scheme, group pension scheme, reimbursement of professional subscriptions, paid holidays and assistance towards gym memberships.

We thank all candidates for applying; however, only those proceeding to the interview stage will be contacted. If you are contacted for a job opportunity, please advise us of any accommodations needed to ensure fair and equitable access throughout the recruitment and selection process. All accommodation information provided will be treated as confidential and used only to provide an accessible candidate experience.

MUFG is an equal opportunity employer.