Ceded Reinsurance Manager - Reporting - Axis Capital Holdings

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance.  We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture.  As a member of AXIS, you join a team that is among the best in the industry.

At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work. 

All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process.

Ceded Reinsurance Manager - Reporting
Job Family Grouping: Ceded Reinsurance
Job Family: Finance
How does this role contribute to our collective success?
The Ceded Reinsurance Reporting and Operations function is responsible for delivering a strategic and forward-looking global organization that will:
• Advance the Company’s growth and profitability goals through the enablement of the Ceded strategy.
• Provide clear accountability for outward reinsurance contracts administration, outwards reinsurance controls and outward reinsurance reporting.
• Drive process excellence and better data and analytics through technological enablement and partnership with Genpact.
What will you do in this role?
The Ceded Reinsurance Manager will report to the Ceded Lead - Finance. The Ceded Manager will provide oversight and operational support for ceded reinsurance reporting and collateral management.
• Ceded Reporting
• Manage, prepare and standardize analysis of ceded reinsurance results for Group/legal entities/business units for financial close and reporting
• Manage reinsurance reporting, including monthly or quarterly reports, to committees / boards and Group / legal entity
• Ceded regional reporting includes but not limited to - US STAT, Bermuda, Canada, Lloyds, Solvency II and US GAAP
• Regulatory reporting includes quarterly SEC supplement, Solvency II templates and QRTS, Singapore MAS reports, Syndicate reports and others
• Prepare other reports and analysis, including but not limited to reinsurance recoverable reports, risk transfer analysis and memos
• Lead ProCede Schedule F module administration
• Identify and drive reporting process efficiencies by leveraging technology and process improvements
• Ceded Collateral Management
• Collateral reviews and reporting related to ceded reinsurance contracts
• Market reporting and coordination to obtain collateral increases and return of overfunding per contract terms
• Quarterly review of balances and collateral for Captives
• Management and safe keeping of ceded collateral - letters of credit, trusts and funds withheld
• Monitor and support regulatory compliance
• Develop strong relationships with internal and external clients to ensure  accurate communication and timely response to inquiries
• Manage support team to ensure accurate and timely reporting
You may also be required to take on additional duties, responsibilities and activities appropriate to the nature of this role.
About You:
We encourage you to bring your own experience and expertise to the table, so while there are some qualifications and experiences, we need you to have, we are open to discussing how your individual knowledge might lend itself to fulfilling this role and help us achieve our goals.
• Highly motivated and organized to drive company initiatives, showing a strong level of accountability, integrity, and professionalism
• Proven ability to meet tight deadlines, work under pressure and respond to changing priorities
• Team player with ability to collaborate with internal and external customers, understand the needs and goals of a customer and actively look for ways to meet them
• Excellent oral and written communication skills, which will include report writing skills and the ability to develop and maintain effective working relationships.
What you need to have:
• Bachelor’s degree in Accounting or equivalent
• Range of 7-12 years’ experience in reinsurance reporting
• Strong analytical and reconciliation skills
• Proficiency in Microsoft Office suite of products applications (Outlook, Word, Excel, and PowerPoint).  Advanced excel knowledge a must.
What we prefer you to have:
• Internationally recognized accounting qualification pursuit or equivalent experience (CPA, ARe, CPCU) a plus
• Retrocession and / or third-party capital industry knowledge with operations and reporting experience a plus
• Experience with ceded reinsurance and financial systems a plus (ProCede and Oracle/SmartView)

For this position, we expect to offer a base salary in the range of USD $86K - $143K. The specific salary offer will be based on an assessment of a variety of factors, including the experience of the successful candidate and their work location.   In addition, all employees are eligible for competitive incentive targets, with awards based on overall corporate and individual performance. On top of this, we offer a comprehensive and competitive benefits package which includes medical plans for employees and their families, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more.