At a Glance
- Tasks: Manage finance operations, controls, audits, and reporting for reinsurance.
- Company: Accelerant Insurance is a tech-driven platform supporting SMEs with innovative insurance solutions.
- Benefits: Enjoy flexible remote work, health benefits, and generous time off to recharge.
- Why this job: Join a dynamic team focused on improving outcomes for SMEs while enhancing your finance skills.
- Qualifications: Finance degree preferred; experience in insurance and knowledge of US GAAP required.
- Other info: Remote role open to candidates in the U.S., Canada, and UK with occasional travel opportunities.
The predicted salary is between 43200 - 72000 £ per year.
About Accelerant
Accelerant Insurance is a technology-fuelled insurance platform that empowers MGUs to more effectively and confidently serve small and medium enterprises (“SMEs”). We’re rebuilding the way that MGUs share and exchange risk by aligning incentives to improve outcomes for everyone, with a focus on the SMEs that power our global economy and their niche insurance needs. As the non-carrier carrier, we offer a full-service risk exchange that supports our carefully selected, best-in-class network of Member MGUs. Our members focus on serving the needs of small and medium-sized businesses, with a particular emphasis on property and casualty insurance. We leverage granular data to deliver unprecedented insight into opportunities, and our specialty portfolio is fully diversified with very low catastrophe, aggregation or systemic risk.
Job Overview:
We are seeking a highly organized and detail-oriented Reinsurance Finance Operations Specialist to join our dynamic reinsurance team. In this role, you will manage and support the day-to-day operations of our controls, audit and SII reporting, ensuring accurate reporting, and effective coordination between internal and external stakeholders.
Key Responsibilities:
- SOX Level Controls
- Build and maintain Reinsurance SOX controls
- Perform control testing and analysis
- Audit point of contact
- Work with the internal audit team for all documents they need
- Work with external auditors and collect needed documents from the team
- Maintain Reinsurance documentation
- Continuously update and create Reinsurance policy documents
- Create all needed flow charts and diagrams
- Solvency II reporting
- Support financial reporting including quarterly and annual statutory statements
- Complete all the S30 forms
- Process improvement
- Actively contribute to strategic initiatives such as financial system implementations and executing on our target operating model
- Collaborate with cross-functional teams to implement best practices and enhance the overall operational performance of the reinsurance function
- Perform a variety of analysis to support a growing business
- Stakeholder Coordination
- Act as a liaison between various departments
- Provide expertise to internal teams on controls and SII
Qualifications:
- Experienced finance professional with depth of knowledge in both US GAAP, insurance experience and US Statutory Accounting Principles, preferred
- Degree in Accounting or Finance
- Certified Public Accountant, preferred
- Experience working in a Finance function within a Global Insurance Company or Insurance Agency, preferred
- Implementation of Financial controls and testing
- Prior SII Reporting for Reinsurance
- Highly motivated and takes pride in their work and has a conscientious and diligent work ethic
- Competent with Microsoft software packages (Excel, Word & PowerPoint)
- Approachable and works well both in a team and individually
Work-life balance: We believe that taking time to rest and recharge makes us all better. That’s why we offer flexible time off and encourage our team to take the time they need to prioritize their health and well-being.
Health and wellness: We offer high-quality health, dental, and other benefits to ensure our team members have access to the care they need.
Remote work: Work where you’re most productive and fulfilled. This position is open to remote candidates across the U.S., Canada, and UK, who have the flexibility to work with our teams distributed across Europe and North America. Most cross-team collaboration happens in the mornings of the Eastern Time Zone.
Travel: We value face-to-face connections and believe that in-person interactions can enhance collaboration and build stronger relationships. Travel could be a small part of your role, with opportunities to connect with your team and our members in person.
Contact Detail:
Accelerant Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Head of Finance Remote
✨Tip Number 1
Familiarise yourself with the specific financial regulations and reporting standards relevant to the insurance industry, particularly US GAAP and Solvency II. This knowledge will not only help you in interviews but also demonstrate your commitment to understanding the role.
✨Tip Number 2
Network with professionals in the insurance finance sector, especially those who have experience with reinsurance operations. Engaging in conversations can provide insights into the company culture and expectations, which can be invaluable during the interview process.
✨Tip Number 3
Prepare to discuss your experience with implementing financial controls and conducting audits. Be ready to share specific examples of how you've improved processes in previous roles, as this aligns closely with the responsibilities outlined in the job description.
✨Tip Number 4
Showcase your proficiency with Microsoft software, particularly Excel, by being prepared to discuss how you've used these tools for financial analysis and reporting. Highlighting your technical skills can set you apart from other candidates.
We think you need these skills to ace Head of Finance Remote
Some tips for your application 🫡
Understand the Company: Familiarise yourself with Accelerant Insurance and their unique approach to serving SMEs. Highlight your understanding of their technology-driven platform and how it aligns with your experience in finance.
Tailor Your CV: Ensure your CV reflects relevant experience in finance, particularly in areas like US GAAP, insurance, and SII reporting. Use specific examples that demonstrate your expertise in financial controls and stakeholder coordination.
Craft a Compelling Cover Letter: Write a cover letter that showcases your passion for the role and the company. Discuss your previous experience in a global insurance company and how you can contribute to their reinsurance team.
Highlight Relevant Skills: In your application, emphasise your proficiency with Microsoft software packages and your ability to work both independently and as part of a team. Mention any certifications, such as CPA, that enhance your candidacy.
How to prepare for a job interview at Accelerant
✨Understand the Company and Its Values
Before your interview, take some time to research Accelerant Insurance. Familiarise yourself with their mission, values, and the specific role they play in the insurance industry. This will help you align your answers with their goals and demonstrate your genuine interest in the company.
✨Showcase Your Financial Expertise
As a Head of Finance, you'll need to highlight your experience with US GAAP and statutory accounting principles. Be prepared to discuss specific examples from your past roles where you've successfully implemented financial controls or contributed to SII reporting.
✨Prepare for Stakeholder Coordination Questions
Given the importance of stakeholder coordination in this role, think of instances where you've acted as a liaison between departments. Be ready to share how you facilitated communication and collaboration to achieve common goals.
✨Emphasise Your Process Improvement Skills
The job description mentions a focus on process improvement. Prepare to discuss any strategic initiatives you've led or contributed to in previous positions. Highlight your ability to analyse processes and implement best practices that enhance operational performance.