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Island Employment Partners Ltd. is hiring an

Assistant Vice President, Finance

Permanent
Full-time
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Hamilton, underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world. Headquartered in Bermuda, Hamilton has over 600 employees with key underwriting operations in London, Bermuda, the US and Dublin. We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful – to our customers and our business. We believe we are ‘In good company.’ with everyone we interact with. We're looking for an Assistant Vice President, Finance based in Bermuda and reporting to the SVP, Head of Operations & Finance, you will be responsible for aspects of our related accounting, reporting, and systems processes and work in close collaboration across several areas of the business to add value across the relevant teams. Hamilton Re is our Bermuda-based company which provides both reinsurance and across property, casualty and specialty lines globally.

Requirements

requirements. Assist with leading the monthly/ quarterly close process and support strategic direction by working with the Senior management team, underwriting, actuarial and risk teams, to provide meaningful financial analysis. Review and/or assist with preparation of quarterly and annual financial statements in accordance with US GAAP. Review and/or support the preparation of Bermuda regulatory filings. Prepare technical accounting memos in accordance with US GAAP. Manage direct report(s) to ensure that goals and objectives are met, and direct report(s) receive appropriate training and developmentWork across teams to project manage and drive systems implementations, upgrades, and automation initiatives, with a focus on the integrity of the financial data, processes, and controls. Implement and maintain accounting policies and assess procedures to ensure financial statements and underwriting related transactions are prepared in accordance with US GAAP. Maintain our robust internal control environment and ensure appropriate SOX 404 processes exist and are consistently followed in the execution of operational processes. Support the preparation of the annual budget and forecasts. Maintain strong stakeholder relationships and drive the execution of team deliverables Liaise with our internal and external auditors. Assist with other ad hoc tasks and projects as required by Senior managementWhat you require for the role A university degree is required, preferably with an emphasis on business, finance, and accounting. A professional accounting designation (e.g., CA, ACA, CPA) is required. A minimum of five years post qualification experience in a similar role and prior relevant industry experience and technical expertise, at a property and casualty re/insurance company are required. In-depth knowledge of US GAAP and Bermuda regulatory requirements. Experience with public companies and SOX 404 is required. Strong working knowledge of reinsurance and insurance contract terms and structures, and the relevant accounting treatment. Knowledge and experience in accounting for transactions with third party capital vehicles. Prior experience with general ledger and reinsurance policy administration systems is required; SUN accounts and SICS experience would be an asset. Proven ability to project manage system implementations and improvements, and to develop automation processesProven experience in delivering automation solutions for operational process and accounting analysis using Excel knowledge and systems experience. Highly advanced MS Excel skills and the ability to navigate complex spreadsheetsOperational experience in areas including review and processing of proportional bordereaux and other reinsurance contracts, and letter of credit and other collateral tracking and processing would be an asset. Excellent communication skills at all levels of the organization.

Salary

Not specified

Benefits

Not specified

How to Apply

Click the Apply Now button to apply via BermudaJobConnect.bm. Please note: you may need to create an account on BermudaJobConnect.bm in order to submit your application.

⚠️ HOW TO APPLY - PLEASE READ: Follow the instructions found within this job listing:

➤ The "Apply Now" Button: If visible, this link may redirect you to an external website (not BermudaJobFinder) which may require you to create an account.

➤ Direct Application: If the job listing asks you to apply directly but the contact info is missing, please search for the hiring company online to find their details.

BermudaJobFinder is a job board and does not recruit, place candidates or accept applications. Please do not reply to email alerts with your resume.
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