JOB PURPOSE

 To perform end to end ledger work for US Programs with ownership of assigned program information.

KEY RESPONSIBILITIES

• Post manual journals in GL
• Processing of journals to reflect insurance contracts, including quota and non-quota reinsurance cost and contingent commissions
• Manual upload of external files in a standard SAP journal template – primary responsibility for program premium, claims, IBNR and related supplier activity
• Execute accruals / deferrals / reversal, including unearned premiums, IBNRs and deferred income
• Prepare Proof files for all assigned programs
• Reconcile Program controls for all assigned programs
• Reconciling and tracking MGA receivable/payable balances
• Post pre close adjustment entry
• Run reporting as required (e.g. TBs / extracts for Tax team)
• Assist US Accounting Manager where needed in reviewing other team members’ work
• Assist US Accounting Manager in analyzing drivers in program performance
• Other ad hoc projects as required

• To maintain compliance with any applicable US or International statutory or regulatory obligation as required by the role. This includes but is not limited to obligations arising from:
  • The prudent management of the business.
  • Placing due regard on the interests of customers.
  • Observing rules on Sanctions and financial crime.
  • Regulatory requirements and local licensing restrictions.
  • Promoting and follow the Group’s whistleblowing procedures.
  • Where applicable, following the Company’s Consumer Duty principles to deliver good outcomes for retail customers

    SKILLS / KNOWLEDGE

• Good knowledge and experience across ERP (sub-ledgers and ledgers) aspects of accounting systems and processes
• Knowledge of SAP would be an asset, though not required
• Fluent in MS Office, specifically Excel
• Good understanding of data analysis
• Excellent verbal and written communication skills
• Strong organizational skills with a strong attention to detail
• Pro-active mind-set to improve local and functional processes
• Ability to think critically and analytically, solve problems, and plan and organize activities
• Ability to deal with complex accounting issues with excellent analytical skills
• Ability to work in a fast-paced environment, take initiative, and multi-task effectively under strict deadlines
• Ability to work in the Orlando or NY office 3 days a week

  
  

  Education

• Bachelor’s degree in accounting or business administration with additional course work required to sit for the CPA exam completed or in process

Experience

• 4 years’ accounting experience in a commercial insurance/business setting preferred