At a Glance
- Tasks: Lead all accounting operations and ensure compliance with financial regulations.
- Company: Join SiriusPoint, a global leader in insurance solutions with a strong financial foundation.
- Benefits: Competitive salary, career growth opportunities, and a dynamic work environment.
- Other info: Collaborative culture focused on continuous improvement and innovation.
- Why this job: Make a significant impact in a senior role within a reputable insurance company.
- Qualifications: 15+ years in insurance accounting with strong leadership and analytical skills.
The predicted salary is between 150000 - 200000 £ per year.
Sirius Point is a specialty underwriter providing solutions to clients and brokers around the world.
Bermuda-headquartered with offices in New York, London, Stockholm and other locations, we are listed on the New York Stock Exchange (SPNT).
We have licenses to write Property & Casualty and Accident & Health insurance and reinsurance globally.
Our offering and distribution capabilities are strengthened by a portfolio of strategic partnerships with Managing General Agents and program managers.
With over $3.0 billion total capital, Sirius Point’s operating companies have a financial strength rating of A from AM Best, Fitch and S&P, and A3 from Moody’s.
The Chief Accounting Officer (CAO) is a senior executive responsible for overseeing all accounting, statutory reporting, and financial governance functions for the insurance enterprise.
This includes GAAP and STAT reporting, NAIC regulatory compliance, internal controls, and oversight of premium, reinsurance, investments, reserves, and financial close processes.
This role will be reporting to the Deputy CFO.
Your responsibilities will include
- Financial Reporting & Regulatory Compliance
- Direct oversight of all STAT and GAAP financial reporting across insurance subsidiaries.
- Ensure accurate, timely NAIC filings, state regulatory filings, and audit‑ready financial disclosures.
- Maintain compliance with GAAP/IFRS and all federal, state, and industry‑specific regulations.
- Oversee preparation of quarterly and annual regulatory financial statements.
- Accounting Operations Leadership
- Lead all accounting operations, including general ledger, accounts payable/receivable, premium accounting, payroll, investment and reinsurance accounting.
- Manage monthly and quarterly close processes ensuring ledger integrity and accurate reporting.
- Oversee reserves in collaboration with actuarial teams.
- Implement and maintain robust internal controls.
- Internal Control, Audit, and Risk Management
- Lead ICFR/SOX governance, ensuring documentation and audit preparedness.
- Engage proactively with internal and external auditors.
- Oversee internal audits for compliance with internal controls and regulations.
- Provide financial insights supporting long‑term planning and decision‑making.
- Support Deputy CFO on M&A integration, system implementations, and modernization.
- Partner with HR, Actuarial, Underwriting, Claims, Tax, Treasury, and FP&A departments.
- Lead system integration and automation initiatives to enhance accuracy, efficiency, and timing.
- Evaluate and implement emerging technologies affecting accounting operations.
- Leadership & Team Development
- Manage teams including controllers, reporting managers, and compliance personnel.
- Foster a culture of excellence, continuous improvement, and development.
Qualifications
Education & Credentials
- Bachelor’s degree in Accounting, Finance, or related field required.
- CPA preferred
Experience
- 15+ years of progressive insurance accounting/finance experience.
- 5+ years in senior/executive leadership overseeing STAT & GAAP reporting.
- Experience with NAIC filings, statutory accounting, reserves, and reinsurance accounting.
- Strong background in internal controls, audit, and regulatory compliance.
- P&C Insurance Technical Accounting Mastery
- Strong Finance Operating Model Experience
- Extensive Transformation/Project Experience - Success executing on finance-specific and cross-functional transformation projects.
- Personal Attributes
- Strategic thinker with strong analytical skills.
- Strong leadership, communication, and stakeholder‑management skills.
- Collaborative with strong cross‑functional effectiveness.
- Resilient, detail‑oriented, and effective in a regulated insurance environment.
- High degree of integrity, accuracy, and strategic judgment.
- Flexible, Low-ego, Adaptable, and Collaborative.
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Chief Accounting Officer New London employer: Sirius Group
SiriusPoint is an exceptional employer, offering a dynamic work environment in the heart of London, where innovation meets tradition in the insurance sector. With a strong focus on employee growth and development, we provide ample opportunities for career advancement while fostering a collaborative culture that values strategic thinking and effective communication. Join us to be part of a financially robust company with a commitment to excellence and a supportive team dedicated to achieving meaningful outcomes in the London Market Specialty.