Manager of Ceded Reinsurance Accounting
Everest Global Services, Inc.

Title:
Manager of Ceded Reinsurance Accounting

Company:
Everest Insurance Company

Job Category:
Finance

Job Description:

About 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 Ceded Reinsurance Accounting team of Everest Insurance, a member of the Everest Re Group, Ltd., is looking for a Manager of Ceded Reinsurance Accounting to join our team.

Role & Responsibilities (include but not limited to):

• Manage a team of professionals to facilitate execution that supports business strategy, team priorities, and department key initiatives.
  
• Provide change management leadership across the ceded reinsurance accounting team, facilitating the adoption of processes and system improvements, and driving optimal utilization of such methods and tools
  
• Effectively work in collaboration with multiple functional areas, including Ceded Re U/W, Direct U/W, Insurance Accounting and Finance, actuarial, and claims.
  
• Timely preparation of ceded accounts, bordereau production, and recording of ceded payable and recoverable amounts for domestic and foreign operations
  
• Liaise closely with the underwriting, claims, and actuarial departments to ensure the proper interpretation and recognition of complex reinsurance agreements.
  
• Responsible for setting up treaties (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
  
• Responsible for assisting with the quarterly financial reporting, analysis, and reconciliation of ceded reinsurance-related accounts in support of GAAP financial statement preparation.
  
• Drive improvements to Ceded Reinsurance accounting system and processes.
  
• Maintain Sarbanes-Oxley internal control documentation
  
• Coordination with outside departments to ensure timely and accurate reporting.
  
• Maintain positive relationships with and appropriately represent the Company to all reinsurance partners.
  
• Assist in additional projects as assigned
  

Qualifications:

• The successful candidate should have a BS/BA degree in accounting, finance, or business.
  
• A master's degree in accounting, finance, or business is preferred but not required.
  
• Ten (10) or more years of insurance finance/accounting experience.
  

Knowledge, Skills & Competencies:

• Relevant experience in the Accounting Department of a property and casualty insurance or reinsurance company is strongly preferred.
  
• Prior management experience is preferred but not required.
  
• Skilful interpersonal and collaboration abilities required to achieve results within and across diverse organizational units and disciplines.
  
• Strong Analytical skills with the ability to collect, organize, analyze, and disseminate information with attention to detail and accuracy.
  
• Understanding of functions pertaining to ceded reinsurance accounting is required.
  
• Strong organizational skills and the ability to effectively manage time and be able to multitask in an ever-changing environment.
  
• Excellent PC skills; must be proficient in Microsoft Excel (PivotTables & VLOOKUPS).
  
• Knowledge/experience with Global XL Pro system is highly desirable
  
• Knowledge of SQL is preferred.
  
• Strong analytical, problem-solving and technical skills.
  
• Self-starter; capable of working both independently and within a team environment.
  
• Strong Interpersonal skills, and excellent oral and written communication skills.
  

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.
  

All colleagues are held accountable to upholding and supporting our values and behaviors across the company. This includes day to day interactions with fellow colleagues, and the global communities we serve.

Type:
Regular

Time Type:
Full time

Primary Location:
Warren, NJ

Additional Locations:

Everest is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex (including pregnancy), sexual orientation, gender identity or expression, national origin or ancestry, citizenship, genetics, physical or mental disability, age, marital status, civil union status, family or parental status, veteran status, or any other characteristic protected by law. As part of this commitment, Everest will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact Everest Benefits at everestbenefits@everestglobal.com.

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