[Remote] Reinsurance Financial Reporting Analyst
Note: The job is a remote job and is open to candidates in USA. No Limit Staffing, Inc. is seeking a Reinsurance Financial Reporting Analyst responsible for conducting in-depth analysis of client reported electronic data to ensure accuracy and timely reporting in accordance with treaty guidelines. The role includes preparing quarterly financial reports and communicating any issues or trends that may have financial consequences to stakeholders.ResponsibilitiesDevelops an understanding of treaty guidelines specific to assigned treaties to determine expectations of both partiesConducts analysis of client reported data to determine accuracy in accordance with treaty guidelinesInvestigates any deviations and/or errors and determines appropriate resolutionsLiaises with clients to understand and/or correct reporting deviations and/or errorsCommunicates actual or potential financial consequences or business risks to the appropriate stakeholders to ensure accurate financial reportingCalculates and analyses Experience Refunds and Loss Carry ForwardsAccurately records details of all client reporting using various company business systems to ensure the validity of the department’s financial reportsAnalyses Trend Reports for reasonability and balance checksPrepare and Analyze the quarterly Statutory, IFRS and Solvency II financial reports for assigned assumed Health Solutions reinsurance treaties and related retrocessions to ensure accurate and timely reportingProvide clear explanations for reporting period variancesWork closely with financial reporting and actuarial teams during the reporting process to ensure amounts recorded are accuratePrepare financial workpaper documentation and schedules as required for external auditors during the quarterly review and annual audit process to substantiate compliance with local and IFRS reporting standardsIndependently analyzes and identifies client reporting inconsistencies to implement correctionsProposes procedures to improve processing inefficienciesSkillsCollege Degree from an accredited institution in accounting or a related fieldMinimum 5 years of experience in an insurance-related fieldBusiness knowledge of (re)insurance conceptsExcellent verbal, written and interpersonal skills for establishing and maintaining professional client, reinsurer and internal relationshipsIntermediate Microsoft Office skills (Word, PowerPoint, Outlook); Intermediate/Advanced Microsoft Office skills (Excel); Competence in SAP, Power BI or equivalent systemsStrong organizational and analytical skills with attention to detailAbility to manage and prioritize workload effectively according to contractual obligations, volume, and/or urgencyAbility to act and operate independently with minimal daily direction from manager to accomplish objectivesProvides accurate and timely updates on status of work and escalates issues appropriatelyTakes responsibility for quality, completeness and accuracy of workKnowledge of Health and Special Risk reinsurance practices and principlesIndustry relevant designationsAbility to conduct quantitative and qualitative analysis with large data setsKnowledge of systems and data structures, with applicability towards (re)insurance operationsCompany OverviewWe are a boutique workforce solutions partner serving the Technology, Healthcare, Energy, and Finance sectors. Our team delivers more than resumes. It was founded in 2017, and is headquartered in St. Petersburg, Florida, USA, with a workforce of 11-50 employees. Its website is https://nolimitechnology.com.