Finance Operations, Reinsurance - Senior Associate

PricewaterhouseCoopersChicago, IL
110d$77,000 - $202,000

About The Position

A career in our Financial Operations practice, within Finance Consulting services, will provide the opportunity to work alongside CEOs, CFOs, controllers and treasurers to optimise the structure of their finance functions and improve their contribution to the business. We support our clients by addressing the challenges of achieving appropriate standards of control, efficient back office opportunities and support to the business through insight and challenge. Our team helps clients transform their finance function by executing strategies to reduce functional and operational complexity through streamlined processes, optimised use of technology, and efficient use of resources to deliver cost effective, high quality services to all stakeholders. To really stand out and make us fit for the future in a constantly changing world, each and every one of us at PwC needs to be a purpose-led and values-driven leader at every level. To help us achieve this we have the PwC Professional; our global leadership development framework. It gives us a single set of expectations across our lines, geographies and career paths, and provides transparency on the skills we need as individuals to be successful and progress in our careers, now and in the future. As a Senior Associate, you'll work as part of a team of problem solvers, helping to solve complex business issues from strategy to execution.

Requirements

  • Bachelor's Degree
  • 4 years of experience

Nice To Haves

  • Master's Degree in Accounting, Business Administration/Management, or Finance preferred
  • Certified Public Accountant (CPA)
  • Exhibiting proficiency in reinsurance contract analysis and interpretation
  • Possessing familiarity with reinsurance accounting systems and software (e.g. TAI)
  • Demonstrating experience with reinsurance financial statement preparation, including income statement, balance sheet, and cash flow statement
  • Understanding of reinsurance cash management and reconciliation processes
  • Demonstrating knowledge of reinsurance regulatory requirements and compliance
  • Demonstrates knowledge of management reporting techniques and tools, such as key performance indicators (KPIs), variance analysis, and forecasting
  • Utilizing problem-solving skills and attention to detail in identifying and resolving accounting discrepancies
  • Leveraging communication skills to effectively collaborate with internal finance teams and external stakeholders

Responsibilities

  • Demonstrate proficiency in analyzing reinsurance contracts
  • Utilize reinsurance accounting systems and software effectively
  • Mentor junior team members and uphold exemplary standards
  • Foster and maintain enduring client relationships
  • Gain a thorough understanding of the business context
  • Manage complex scenarios to achieve quality outcomes
  • Grow personal brand and technical skills
  • Apply critical thinking to address complex issues

Benefits

  • Medical
  • Dental
  • Vision
  • 401k
  • Holiday pay
  • Vacation
  • Personal and family sick leave

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What This Job Offers

Job Type

Full-time

Career Level

Senior

Industry

Professional, Scientific, and Technical Services

Education Level

Bachelor's degree

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