This job has closed.

Equitable · 2 weeks ago

Bermuda Chief Accounting Officer

Bermuda, VA

Full-time

Onsite

Senior Level

$100K/yr - $163K/yr

5+ years exp

Equitable is a company dedicated to helping clients secure their financial well-being. They are seeking a Chief Accounting Officer to oversee reinsurance accounting activities, ensure compliance with accounting standards, and provide strategic insights to leadership.

BankingConsultingFinancial Services

H1B Sponsor Likely

Responsibilities

Daily reinsurance accounting activities, including transaction recording, reconciliation, and ledger maintenance

Interpret and operationalize complex reinsurance contracts in accordance with applicable accounting standards

Establish and uphold internal policies and procedures for reinsurance financial operations

Ensure timely issuance of billing statements and collections from reinsurers

Identify trends and variances through financial data review; advise leadership on potential improvements

Perform routine account reconciliations and resolve discrepancies effectively

Maintain strict adherence to accounting standards, regulatory requirements, and internal control procedures

Prepare for internal and external audits, providing all necessary documentation and insights

Knowledge of contract provisions, reinsurance concepts and principles and general business trends

Use business process design tools, including process maps and flow charts, to clarify reinsurance problems, goals and requirements to various Reinsurance stakeholders

Provide extensive subject matter expertise to support our enterprise strategy for reinsurance data

Supports an agile project management framework to prioritize and pace projects with a cross-functional team

Monitor client accounts / statistics by using internal reports, perform data analysis and support Stakeholders with reports and statistics

Financial Reporting US GAAP/ US STAT/ Bermuda STAT, Schedule S, etc.)

Familiarity with BMA BSCR reporting

Monitor client accounts / statistics by using internal reports, perform data analysis and support Stakeholders with reports and statistics

Qualification

Reinsurance AccountingFinancial ReportingAccounting PrinciplesMicrosoft ExcelData AnalysisCPA CertificationOperational FunctionsReinsuranceCross-functional CollaborationDecision MakingProblem Solving

Required

Bachelor's degree in accounting, Finance or a related discipline

5+ years experience in reinsurance accounting, claims and reporting within the insurance industry, ideally in the Life and Annuities

Established technical knowledge of reinsurance arrangements, accounting principles, and regulatory frameworks

Proven knowledge working with Microsoft Excel and financial systems; experience with reinsurance tools (e.g., RMS, AIR) is an advantage

Demonstrated analytical skills, attention to detail, and ability to manage complex datasets

Effective communication and interpersonal skills for team leadership and collaboration with both internal and external stakeholders and team members

Ability to thrive in a dynamic, deadline-driven environment

Proactively seeks advice for new issues and suggests solutions

Preferred

CPA, industry designation (i.e. ALMI, FMLI) or equivalent certification

Business Objects, Analysis for Office, Power Bi, and Tableau

Benefits

Medical

Dental

Vision

A 401(k) plan

Paid time off

Company

Equitable

Glassdoor3.6

Equitable provides consulting services to secure the financial well-being and retirement strategies for individuals and families.

Founded in 1859

New York, New York, USA

5001-10000 employees

https://equitable.com/

H1B Sponsorship

Equitable has a track record of offering H1B sponsorships. Please note that this does not guarantee sponsorship for this specific role. Below presents additional info for your reference. (Data Powered by US Department of Labor)

Distribution of Different Job Fields Receiving Sponsorship

Represents job field similar to this job

Trends of Total Sponsorships

2025 (31)

2024 (18)

2023 (26)

2022 (37)

2021 (20)

2020 (12)