Financial Controller - Reinsurance

About the role

SIG Re, a Bermuda-based Class 3A reinsurer within the Susquehanna family, is looking for an experienced Financial Controller to join its management team. The role covers preparing and presenting monthly and annual financial statements to the Board of Directors and senior management, as well as strategic planning, budgeting, forecasting, cash management, financial modelling and contract and business analysis.

Key responsibilities

• Prepare general accounting entries, journal, bordereaux and statements, and handle cash booking and reconciliation
• Maintain accounting controls for premiums, cash receipts, losses, claims and vendor payments
• Report financial results to senior management via dashboards and prepare reports for the Board and its committees, ensuring compliance with GAAP
• File BSCR and statutory financial returns with the BMA or other regulators
• Support the forecasting team on short- and long-term earnings and cash flows, and ensure regulatory capital and liquidity requirements are met
• Manage cash, maintain banking relationships, liaise with rating agencies, clients and brokers, and work with internal auditors

Required profile

• Bachelor's degree in accounting, finance or a related subject, plus an internationally recognized accounting designation (CA, CPA or equivalent)
• 5+ years of relevant re/insurance experience and knowledge of Bermuda Statutory Accounting
• Reinsurance accounting experience, including journal preparation, posting and review
• Ability to drive continuous improvement of processes and controls

Required skills

• Financial reporting and US GAAP
• Internal controls and governance
• BSCR knowledge and experience
• Board reporting and cross-functional collaboration