Vice President, Insurance Management.

Reporting to: Client Service Director

Introduction:

Artex, Gallagher's wholly-owned subsidiary for alternative risk and capital, including fund administration, is a trusted leader and provider of diverse alternative risk and capital solutions. Established in more than 35 domiciles internationally, our global team provides creative thinking and deep expertise for our clients in the (re)insurance and alternative capital marketplace. We’re here to help our clients find a better way to reduce their total cost of risk and improve their return on capital.

Role Overview:

The Vice President, Insurance Management will have responsibility for client business relationships and will lead a team focused on all aspects of the provision of client services to a portfolio of insurance linked security entities.

Responsibilities:

• Act as the primary contact for clients and take the lead on client service delivery and relationship building
• Identify and proactively provide/suggest solutions to client service issues or technical queries
• Coordination of collateralized reinsurance transformer process
• Ensuring ILS-related insurance vehicles comply with all contractual obligations, including interest and dividend payments and provision of required information
• Oversight of the preparation of timely and accurate financial statements
• Perform a review function on specific client working paper files, management accounts and IFRS/GAAP financial statements
• Monitoring compliance with clients’ obligations and controls as well as all applicable laws, regulations and statutory filing requirements
• Coordination and management of audit process
• Interaction with client personnel and service providers
• Assisting with proposal and marketing activities
• Review meeting materials and make presentations at client meetings
• Assist with the development and maintenance of client service systems and procedures, identifying efficiencies and cost control opportunities.
• Manage and develop the team through effective delegation, communication, performance management, individual development plans and reward/recognition practices.
• Provide mentoring, coaching, technical support and training to the team
• Monitor staff performance, providing training and motivation, and periodically review processes, procedures
• Other responsibilities as needed to ensure quality client service

Qualifications and skills required:

• An accounting designation (CA, CPA, ACA, ACCA).
• At least 5 years’ recent (re)insurance experience in a financial reporting, accounting or auditing role with a (re)insurer, Insurance Manager or audit firm including 3 years’ experience of post-qualifying experience.
• 2 years of demonstrable people management experience, preferred
• Significant knowledge of the Bermuda insurance market and regulatory environment.
• Strong technical knowledge of IFRS and U.S. GAAP including an excellent understanding of insurance and investment accounting standards.
• Strong financial reporting and analytical skills.
• Advanced computer literacy skills, including Excel, Word and PowerPoint.
• Experience and current working knowledge of reporting from general ledger systems.
• Ability to manage teams, multi-task and adapt to changing priorities.
• Highly motivated individual who is deadline driven and committed to delivering an excellent level of client service.
• Excellent verbal, written, organizational skills with the ability to engage effectively at all levels.