Hamilton Recruitment

FINANCE DIRECTOR – LIFE AND ANNUITIES – BERMUDA – 10% TAX – HR302

About this opportunity

Our client is a Bermuda-based reinsurance company. Reporting to the Bermuda Controller, this position is responsible for driving transformation of processes and controls in Bermuda Controllership function, as well as involvement in the day-to-day operations of the Bermuda Financial Reporting team, including onboarding reinsurance transactions, ledger close, and financial reporting for GAAP, STAT and BSCR.

Accountabilities:

  • Drive transformation of processes and controls in Bermuda Controllership function through review and challenge of existing reporting processes
  • Lead team of managers and other qualified accountants in managing the financial reporting process for nine regulated legal entities and other Group companies
  • Determine proper accounting treatment for complex reinsurance and other strategic transactions on all bases – GAAP, BSTAT and EBS
  • Support transaction teams in review of financial implications of new transactions, including capital impact
  • Coordinate between finance, tax, actuarial, and legal departments on reinsurance and other complex transaction matters
  • Review financial reporting disclosures related to Bermuda legal entity activities, as required in Group SEC 10-K and 10-Q filings, as well as Bermuda legal entity GAAP and Statutory reporting
  • Implement, document, and maintain appropriate processes and controls in accordance with Sarbanes Oxley (SOX) requirements
  • Manage internal and external audit examinations
  • Participate in other ad hoc projects as required

What you’ll need

  • Bachelor’s degree plus a recognised accounting qualification (CPA, ACCA, etc.)
  • 7+ years of professional experience, including 5+ years of recent life and annuity insurance and reinsurance accounting experience
  • 4+ years of demonstrated leadership experience
  • Experience with US GAAP and Bermuda regulatory reporting for reinsurance/insurance companies and life/annuity products
  • Strong controls background, including experience with Sarbanes Oxley
  • Ability to establish and maintain effective working relationships with other employees
  • Perceptive, self-starter with excellent problem-solving abilities
  • Ability to manage multiple projects at once and know how to prioritise deadlines
  • Willingness to work overtime when required to meet deadlines
  • Dedicated team player who is flexible and adaptable to change
  • Organized and has good attention to detail

How to apply

  • To apply, attach your résumé or include a link to your LinkedIn profile
  • If you don't provide one of the above, we can't progress your application

For reasons of confidentiality and to ensure best match for positions, our normal practice is to submit applications to employers only after we have had a Career Consultation with candidates. In the event that you are not shortlisted for this particular vacancy, your details will be held on file and considered for other relevant opportunities.

Our clients are equal opportunity employers and value diversity. They do not discriminate on the basis of race, religion, colour, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. If you believe you deserve an exceptional career, we’ll help make it happen.