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Our client is a specialty insurance and reinsurance provider, and is the centre of competence for alternative risk transfer business within the Group. Our client invites applications for the position of Accountant, working out of the Hamilton office in Bermuda. The role reports to the CFO, North America and will be responsible for a range of transaction and financial accounting functions of the Bermuda legal entity and certain of its affiliates. Specific Duties: - Calculating and posting the accounting entries for a portfolio of alternative risk transactions - Oversight of the local operating cash and investment accounts, including reconciliation to the SAP general ledger - Upkeep of the SAP ledger for local operating entities - Assistance with all matters in connection with the year-end financial audit and compilation of data required by international regulators - Assistance with internal control sign-off and process documentation - Ensuring the accuracy and timeliness of all financial reporting of the Bermuda legal entity and its affiliates, including preparation and filing of annual statutory financial statements - Responsible for certain financial accounting tasks for the group including consolidation entries, intercompany reconciliations, revaluation and FX, deferred tax, reconciliations and variance analysis - Supporting the CFO, North America, in financial closings and ad-hoc requests - Assisting in special projects as they arise Qualifications: - CA, CPA, ACA or other equivalent accounting designation - A minimum of three years experience in the (re)insurance or financial services industries - Experience of multi-national accounting frameworks including IFRS - Knowledge of SAP would be a valuable asset - Strong technical ability and working knowledge of (re)insurance accounting - Excellent communication, task management and problem-solving skills Working in a dynamic and fast-paced environment the successful candidate must be detail oriented and highly organized. The candidate must be self-motivated and be prepared to work flexible hours to meet deadlines which may include evenings, weekends and public holidays. In addition, the candidate must be willing to travel as necessary.
Salary: Highly Competitive tax-free, plus bens
Responsibilities include:- Preparation of monthly management accounts package. Ensure accounting entries for consolidation of group companies performed in a timely fashion. Preparation of annual budget for holding company and Ensuring foreign currency transactions revalued and entered accurately into general ledger. Maintenance of general ledger for holding company. Ad hoc projects as assigned by senior management. Requirements for the role include:- A recognized accounting qualification eg ACA, ACCA, CPA, CA etc. Degree qualified preferably in a related field. 5+ years PQE. Insurance/reinsurance experience preferred. SOX experience preferred. Experience of a multi-company, multi-currency, consolidation environment. Excellent communication skills and proven experience of communicating at board level. Proven organizational skills and ability to work with limited supervision.
Salary: Highly Competetive, plus bonus, plus bens
Our client is Big 4 audit firm in Cayman that has a requirement for Audit Seniors for its September 2012 intake. Our client provides audit and assurance services to both the insuranceand investment sectors and successful candidates can expect to be engaged on a variety of clients including captive insurance managers, international banks, and fund administrators through to smaller businesses in these areas. Requirements for the role include:- ACA, ACCA, CA or equivalent. Educated to degree level. Financial services experience is an advantage. Exposure to US GAAP is an advantage. Big 4 or medium sized firm background preferred. Our client is offering a starting salary of c$72,000 USD, tax-free, discretionary bonus, health insurance, and relocation assistance*. Our client places high emphasis on training and development and a full program of initial training will be provided along with ongoing tailored development and support. *Relocation assistance includes provision of one return flight during the duration of the contract, provision of work permit, initial accommodation for a period following arrival, a relocation allowance.
Salary: c$72k, plus bonus, plus full relocation assistance
Our client is Big 4 audit firm in Bermuda that has a requirement for Audit Seniors for its September 2012 intake. Our client provides audit and assurance services to both the insurance/reinsurance and investment sectors and successful candidates can expect to be engaged on a variety of clients including listed reinsurance/insurance companies, captive insurance managers, international banks, and fund administrators through to smaller businesses in these areas. Requirements for the role include:- ACA, ACCA, CA or equivalent. Educated to degree level. Financial services experience is an advantage. Exposure to US GAAP is an advantage. Big 4 or medium sized firm background preferred. Our client is offering a starting salary of c$72,000 USD, tax-free, discretionary bonus, health insurance, and relocation assistance*. Our client places high emphasis on training and development and a full program of initial training will be provided along with ongoing tailored development and support. *Relocation assistance includes provision of one return flight during the duration of the contract, provision of work permit, initial accommodation for a period following arrival, a relocation allowance.
Salary: c$72k, plus bonus, plus full relocation assistance
If you are a qualified accountant with Bermuda market insurance/reinsurance experience please contact us regarding roles with Bermuda related London insurers/reinsurers.
Salary: Highly Competetive, plus bonus, plus bens
Our client in Bermuda seeks Senior Managers to join its Insurance and Investments & Banking audit practices. The firm employs more than 180 people from around the world. For many years, we have been relocating overseas professionals attracted by the superb climate, social and sporting life, and the opportunity to work on a diverse portfolio of local and international financial services clients. The firms client base includes Bermuda-based insurance, reinsurance and captive re/insurance companies, international banks and a variety of investment funds. The firms clients range from relatively small businesses through to listed companies and subsidiaries of international clients. As a Senior Manager you will have responsibility for the engagement management of a portfolio of clients. This position will encompass significant technical (US GAAP/IFRS/Regulatory) experience together with Audit Committee and Board exposure. You will be responsible for the supervision and review of Audit Seniors and Staff Accountants to ensure a professional, efficient and cost effective service is provided to clients within your portfolio and your team. In addition to the responsibilities relating to clients you will also carry out some non-client related duties assigned to you to assist in the overall management of the firm. We require the following: Minimum of two years experience at Manager grade and excellent performance ratings Significant experience in a U.S. GAAP environment and/or IFRS experience SEC experience an advantage but not required Strong written and verbal communication skills Strong understanding of risk management Supervision and motivation of engagement teams, including education on technical matters Experience in managing and completing multiple engagements We look for highly motivated individuals who will enjoy the opportunities that Bermuda can offer professionally, culturally and socially, in a multinational business environment.
Salary: Highly Competitive
If you have expertise or exposure to Solvency II we would be very interested in hearing from you. We have a current need from our portfolio of clients, including Big 4 accountancy firms to Insurance and Reinsurance firms within Bermuda, for experience practioners in the implementation of Solvency II.
Salary: Competitive tax free packages
An insurance management company seeks a Senior Accountant for a new position reporting to the Vice President. Duties & Responsibilities:- Accounting for reinsurance and derivative transactions in accordance with GAAP and Bermuda statutory regulations. Maintain accounting records including recording journal entries in the accounting system. Assist with the preparation of the quarterly and annual GAAP financial statements and statutory returns. Assist with the preparation of the quarterly and annual reports to the Bermuda Stock Exchange. Assist in establishment and maintenance of systems and controls, preparation and update of procedures and coordination with internal auditors. Audit assistance, including liaising with external auditors and actuaries. Research of technical issues and assist with monitoring and implementation of new GAAP and statutory regulations. Maintain the accounting/GL and report generating systems. Maintenance with complex financial spreadsheets. Assistance with preparation of annual company budget. Complete special projects as they arise. Qualifications & Experience:- CA, CPA, ACA or equivalent. A minimum of 2 years PQE including audit experience. A minimum of 2 years insurance/reinsurance experience. Proven experience with US GAAP and reinsurance accounting and disclosure requirements. Strong technical background in the insurance/reinsurance industry. Proficient in Microsoft Office suite. Ability to use initiative and self manage whilst being able to work well in a fast-paced and dynamic environment. Strong analytical and organizational skills and excellent attention to detail. Effective interpersonal and communication skills. Some experience in a financial guaranty insurance/reinsurance company would be an advantage. Willingness to work additional hours as needed including evenings and weekends.
Salary: On application
Our client, an accounting and management services company in Bermuda is looking for a qualified accountant with a "can do" attitude for a period of between 6 months and 2 years.
Salary: on application
Our client, a Big Four accounting firm, is looking for newly or recently qualified accountants (ACA/CA/ACCA/CPA) to assist its clients on the Island, either through provision of in-house accounting services or via client secondments.
Salary: on application
