About RenaissanceRe
For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We’re experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre.com).
POSITION SUMMARY:
The Accountant is responsible for supporting the financial accounting, internal controls, budgeting, and financial reporting for the European entities of RenaissanceRe. The Accountant has close interaction across multiple areas of the business and works to add value across relevant teams. The Accountant will build relationships with multiple stakeholders including the London and Global Finance teams, underwriting, actuarial and operations teams, internal and external auditors and regulatory reporting contacts.
PRINCIPAL ACCOUNTABILITIES:
Regulatory Reporting
- Preparation of accurate financial reporting, both for internal and external purposes following required GAAP and regulatory standards. Specific focus on Regulatory submissions including Lloyd’s reporting, Solvency reporting and statutory financial statements.
- Assist with completing aspects of the monthly and/or quarterly close.
- Work with relevant partners to ensure accuracy of transactions and financial disclosure.
- Support the continued enhancement and ongoing development of multiple financial systems ensuring that all Finance needs are met.
- Other tasks as necessary to support day to day functioning of Accounting.
- Liaise with internal and external auditors.
Financial Planning and Analysis
- Analyse group and local results for management and board reporting
- Support the annual budgeting process
- Support business partnering to add value across relevant teams
- Contribute to project work and provide general assistance to the Finance Department and other teams as needed
EXPECTED COMPETENCIES:
Professional/Technical Experience:
- Experience within Insurance Industry (Lloyd’s experience preferable)
- Strong knowledge of US/UK GAAP
- Working knowledge of general ledger systems and policy administration/accounting systems
Basic Competencies:
- Proven problem solving and analytical skills
- Proven ability to prioritise workload and meet deadlines
- Ability to work on own initiative and complete work in a methodical, thorough, and organised manner.
- Excellent numerical skills and keen attention to detail
- Strong Excel skills essential
Educational/Professional Requirements:
- Professional accounting designation (ACA qualified or equivalent)
At RenaissanceRe, we believe in creating a workplace culture that fosters diversity, equity, and inclusion throughout our business. We have a zero-tolerance policy for harassment and discrimination and take proactive steps to make employees feel valued and empowered to contribute to our collective success. It is RenRe’s policy to ensure equal employment opportunity without discrimination or harassment based on race, color, religion, sex (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity or expression, age, disability, national origin, marital or domestic/ civil partnership status, genetic information, citizenship status, uniformed service member or veteran status, or any other characteristic protected by law.
Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.
