Title:

Accountant

Company:

Everest International Insurance

Job Category:

Finance

Job Description:

Who are we?

The Everest International Insurance Finance & Actuarial team provides high-profile services across Europe serving key stakeholders across Everest international Insurance and the wider Everest group.

The Finance function at Everest is expanding and building a stable foundation in preparation for significant growth of the business. As part of the expansion, the accounting and operational processes relating to the ceded reinsurance activities of Everest International Insurance, which is currently centralised, will transfer to the international finance team. This role supports the Senior Reinsurance Accountant in the day-to-day accounting activities relating to ceded reinsurance.

Everest is a leading global Reinsurance and Insurance organisation with extensive product and distribution capabilities, a strong balance sheet and an innovative culture. Throughout our history, Everest has maintained its discipline and focus on creating long term value through Underwriting excellence and strong risk and Capital Management.

Everest Insurance International (EII) is a fast-growing division of Everest Insurance, which is looking to expand into new geographies and new classes of business. At Everest, we believe that our future is determined by the actions we take today. Actions that go beyond business strategy and encompass the values important to our employees and the communities in which we operate. Everest’s value commitments include: providing an inclusive work environment that offers employees the opportunity to further their development, supporting our communities through the donation of time and financial resources, maintaining our integrity across all aspects of the group, and being an industry innovator to solve global complex risks.

Key responsibilities:

• Support the design, implementation and maintenance of a consistent control framework, which is compliant with Sarbanes-Oxley, covering both reinsurance placement and accounting
• Support the design and implementation of a closing calendar and controls relating to the ceded reinsurance operations which meet International and Divisional quarterly closing calendar deadlines
• 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
• Prepare on a timely basis, ceded accounts, bordereaux and recording of related ceded payable and recoverable amounts
• Ensure timely collection and payment of ceded reinsurance balances
• Deliver requested data to actuarial teams to meet reserving requirements
• Set-up treaty (Quota Share, Excess of Loss, Automatic Facultative, aggregates, retentions, inuring coverages, exclusions, adjustable features, etc.) and facultative reinsurance contracts in the ceded reinsurance accounting system
• Assist in additional projects as assigned
  
  

Professional Qualifications, Education & Experience:

• Proven accounting experience
• BSC degree in accounting, finance or business preferred
• Relevant experience in the finance operations accounting department of a financial services company (preferably insurance or reinsurance).
  
  

Knowledge, Skills & Competencies:

• Understanding of, or desire to learn about the functions pertaining to ceded reinsurance accounting
• Desire to join newly formed and growing team.
• Experience of large data sets and systems based data transformation/calculations in a finance environment.
• Knowledge of SQL is preferred.
• Excellent PC skills; must be proficient in Microsoft Excel (PivotTables & VLOOKUPS)
• Strong analytical, problem solving and technical skills
• Strong Interpersonal skills, excellent oral and written communication skills
• Strong organisational skills and the ability to effectively manage time and be able to multitask in an ever-changing environment
  
  

Our Culture

At Everest, our purpose is to provide the world with protection. We help clients and businesses thrive, fuel global economies, and create sustainable value for our colleagues, shareholders and the communities that we serve. We also pride ourselves on having a unique and inclusive culture which is driven by a unified set of values and behaviors. Click here to learn more about our culture.

• Our Values are the guiding principles that inform our decisions, actions and behaviors. They are an expression of our culture and an integral part of how we work: Talent. Thoughtful assumption of risk. Execution. Efficiency. Humility. Leadership. Collaboration. Diversity, Equity and Inclusion.
• Our Colleague Behaviors define how we operate and interact with each other no matter our location, level or function: Respect everyone. Pursue better. Lead by example. Own our outcomes. Win together.
  
  

Type:

Regular

Time Type:

Full time

Primary Location:

Dublin, Ireland

Additional Locations:

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