.title: manager, reinsurance accounting - latamcompany: everest advisors (uk), sucursal en españajob category: financeabout everest:everest group, ltd. (everest), is a leading global reinsurance and insurance provider, operating for nearly 50 years through subsidiaries in north america, latin america, the uk & ireland, continental europe and asia pacific regions.
throughout our history, everest has maintained its discipline and focuses on creating long-term value through underwriting excellence and strong risk and capital management.
our strengths include extensive product and distribution capabilities, a strong balance sheet, and an innovative culture.
our most critical asset is our people.
we offer dynamic training & professional development to our employees.
we also offer generous tuition/continuing education reimbursement programs, mentoring opportunities, flexible work arrangements, and colleague resource groups.about the role:the reinsurance accounting team of everest international insurance, a member of the everest re group, ltd., is looking for a manager, reinsurance accounting to join our team.
this is a brand new role supporting our latam business.
this individual will have direct management responsibility for the ceded team located in the latam region.
the role is part of a truly international team; therefore, the successful candidate must be proficient in both english and spanish.
we offer a hybrid schedule of working two days remote each week.role & responsibilities (include but not limited to):reinsurance accounting:manage and oversee the reinsurance accounting across international for latam.set up treaties (quota share, surplus, excess of loss, automatic facultative) and facultative reinsurance contracts in the ceded reinsurance accounting system (xl pro), including relevant contract details (e.g.
aggregates, retentions, inuring coverage, exclusions, adjustable features, etc).validate reinsurance contracts set up and calculation (e.g.
qs, rips, adjustments premiums, etc) in xl pro ensuring consistency with the placement team's contract intention and contract documentations.ensure and deliver timely quarterly financial reconciliations of ceded reinsurance related accounts in support of the everest group's consolidated us gaap financial statements and local accounting and regulatory standards.liaise closely with the ceded buyers, underwriting, claims, and actuarial departments to ensure the proper interpretation and recognition of complex reinsurance agreements.accounting of ceded balances held outside of xl pro (e.g.
manual adjustments).reporting and statements:prepare and analyse financial reports related to reinsurance activities.deliver management reporting, as defined with the head of international ri accounting and international financial controller to guide reinsurance strategy.prepare on a timely basis, ceded accounts, bordereaux and recording of related ceded payable and recoverable amounts