Assistant Vice President Finance

We’re looking for a Assistant Vice President Finance 

Based in Bermuda and reporting to the SVP, Head of Operations & Finance, you will be responsible for aspects of our related accounting, reporting, and systems processes and work in close collaboration across several areas of the business to add value across the relevant teams.

Hamilton Re is our Bermuda-based company which provides both reinsurance and across property, casualty and specialty lines globally. 

What you will do

Manage the preparation of timely and accurate financial reporting, both for internal and external purposes, in accordance with required GAAP and regulatory standards

Ensure the integrity of all Hamilton Re financial information in conjunction with senior management

Ensure compliance of reported results with US GAAP and Bermuda regulatory reporting requirements

Assist with leading the monthly/ quarterly close process and support strategic direction by working with the Senior management team, underwriting, actuarial and risk teams, to provide meaningful financial analysis

Review and/or assist with preparation of quarterly and annual financial statements in accordance with US GAAP

Review and/or support the preparation of Bermuda regulatory filings

Prepare technical accounting memos in accordance with US GAAP

Manage direct report(s) to ensure that goals and objectives are met, and direct report(s) receive appropriate training and development

Work across teams to project manage and drive systems implementations, upgrades, and automation initiatives, with a focus on the integrity of the financial data, processes, and controls

Implement and maintain accounting policies and assess procedures to ensure financial statements and underwriting related transactions are prepared in accordance with US GAAP

Maintain our robust internal control environment and ensure appropriate SOX 404 processes exist and are consistently followed in the execution of operational processes

Support the preparation of the annual budget and forecasts

Maintain strong stakeholder relationships and drive the execution of team deliverables

Liaise with our internal and external auditors

Assist with other ad hoc tasks and projects as required by Senior management

What you require for the role

A university degree is required, preferably with an emphasis on business, finance, and accounting

A professional accounting designation (e.g., CA, ACA, CPA) is required

A minimum of five years post qualification experience in a similar role and prior relevant industry experience and technical expertise, at a property and casualty re/insurance company are required

In-depth knowledge of US GAAP and Bermuda regulatory requirements

Experience with public companies and SOX 404 is required

Strong working knowledge of reinsurance and insurance contract terms and structures, and the relevant accounting treatment

Knowledge and experience in accounting for transactions with third party capital vehicles

Prior experience with general ledger and reinsurance policy administration systems is required; SUN accounts and SICS experience would be an asset

Proven ability to project manage system implementations and improvements, and to develop automation processes

Proven experience in delivering automation solutions for operational process and accounting analysis using Excel knowledge and systems experience

Highly advanced MS Excel skills and the ability to navigate complex spreadsheets

Operational experience in areas including review and processing of proportional bordereaux and other reinsurance contracts, and letter of credit and other collateral tracking and processing would be an asset

Excellent communication skills at all levels of the organisation

What you can expect from us

We offer a vibrant, entrepreneurial, and collaborative culture guided by our values: Be Smart, Be Sensible, Be Open and Be More.

We know if we welcome and respect differences, we’ll attract and retain talent that brings a valuable diversity of perspectives and experience. We want all our colleagues to feel that they can bring their whole selves to work at Hamilton and know that they can be part of building a great company.

In Good Company

Hamilton (NYSE: HG) underwrites specialty insurance and reinsurance risks on a global basis through its wholly owned subsidiaries. Its three underwriting platforms: Hamilton Global Specialty, Hamilton Select and Hamilton Re, each with dedicated and experienced leadership, provide access to diversified and profitable business around the world.

Headquartered in Bermuda, Hamilton has over 600 employees with key underwriting operations in London, Bermuda, the US and Dublin. We work collaboratively, we share a passion for the service and results we deliver, and we know that what we do each day is meaningful – to our customers and our business. We believe we are ‘In good company.’ with everyone we interact with.