Technical Accounting Manager

Description

Technical Accounting Manager

NY, London, Stockholm

Who We Are

SiriusPoint is a global underwriter of insurance and reinsurance. We utilize deep risk capabilities to protect our customers and provide intelligent risk solutions to clients and brokers around the world. Bermuda-headquartered and listed on the New York Stock Exchange (SPNT), we work as 'One SiriusPoint', to apply expertise and underwrite risks across our four operational areas - International Insurance, North American Insurance, Global Accident and Health, and Global Reinsurance.

We have underwriting hubs in Bermuda, Liege, London, New York, Zurich, and Stockholm, and licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.

Join Our Team

You will be our Technical Accounting Manager entrusted with the meticulous management of financial transactions and the maintenance of comprehensive financial records within the Company. This role necessitates an individual with exceptional attention to detail, capable of efficiently managing several finance functions including accounts payable, re / insurance accounting operations (direct, assumed and ceded), and credit control. You will maintain strong partnerships with all functions across the Company and will be expected to provide effective and efficient support to the business.

Your responsibilities will include the following :

• Lead a team responsible for multiple finance functions including accounts payable, cash management, (re)insurance accounting operations (Direct, Assumed and Ceded), credit control, collateral administration and management.
• Provide oversight and partner with external outsourcing vendors responsible for assisting with (re)insurance accounting, collateral management and accounts payable.
• Management and oversight of operations for significant transactions, administered by counterparties.
• Partner closely with underwriting operations to ensure data quality standards are met
• Ensure (re)insurance transactions / statements are processed and settled accurately and timely.
• Ensure that clients are meeting contractual obligations including due dates for statements, settlements, premium adjustments, variable commission calculation etc.
• Partner with various functions including other finance teams, actuarial, treasury, claims, to resolve exceptions and discrepancies related to the underwriting data.
• Manage various reconciliations pertaining to UW data.
• Manage collateral requirements, ensuring that excess collateral pledged is minimal.
• Oversite of accounts payable function, ensuring prompt settlement of incoming vendor invoices.
• Review for quality control of invoices and coding
• Maintain banking relationships, including those responsible for trust accounts and LOC facilities.
• Ensure operating controls are executed when setting up new vendors.
• Effectively and efficiently resolve vendor inquiries.
• Oversight and review of all bank reconciliations.
• Review and manage accounts receivable / payable balances for vendors and clients, and ensure that the application of cash remittances, credits, and adjustments are recorded timely and accurately.
• Liaise with internal and external auditors, as necessary, with regards to both the external and internal audits and SOX testing;
• Maintain and develop documentation for processes, operating controls and SOX controls.
• Project work with respect to the implementation of new technology and processes.
• Continuous review of process and recommend changes and improvements to procedures, and technology to meet internal and external reporting requirements, improve operation efficiency, and safeguard corporate assets.
• Responsible for performance management of the team members, by providing interim and annual performance reviews along with development plans.

Your Skills and Abilities Should Include :

SALARY : The estimated salary range for this position is $200,000.00 per year to $250,000.00 per year. This is a good-faith assessment of the salary range for this position only. In determining the actual salary within this range, SiriusPoint will consider a candidate's relevant experience, location, and other job-related factors.

We Achieve More Together

We value and support the unique voices, backgrounds, lifestyles, and contributions of a diverse global employee base that contributes to our culture every day. Diversity, Equity, Inclusion and Belonging (DEI&B) is imperative to our success.

We are building an environment that imbeds DEI&B into everything we do and enables us to unlock critical drivers of equality, innovation and success. We want everyone to be included, valued, respected and supported to unleash their full potential.

Salary : $200,000 - $250,000