Overview
Nascent Group is an independent and technology-driven (re)insurance service provider dedicated to the success of its clients. The company leverages innovation to deliver tailored solutions for its clients in the insurance and reinsurance industry. By focusing on excellence and client-centric strategies, Nascent Group has established itself as a trusted partner. Committed to advancing industry standards, the organization supports its clients in achieving sustainable growth and operational efficiency.
Role Description
* Oversee the overall management and regulatory compliance of a portfolio of re/insurance management clients;
* Serve as the main point of contact for a portfolio of insurance management clients;
* Develop and maintain strong relationships with clients;
* Support the internal teams on complex transactions by providing insight and recommendations on vehicle formation;
* Responsible for the day-to-day administration, accounting function, regulatory reporting and all other required filings and reporting, for all classes of re/insurance entities;
* Provide advice to clients and deliver customized service to suit individual needs;
* Manage and build relationships with internal and external service providers;
* Prepare monthly / quarterly financial reporting, as required;
* Conduct peer review for the internal team;
* Lead the annual GAAP / IFRS audits for re/insurance vehicles;
* Complete the applicable statutory filings;
* Drive operational efficiencies within the team and make recommendations on improvements;
* Work with Business Development team to promote the business;
* Contribute to tech improvement initiatives;
* Promote a positive work environment and contribute to continuous improvements, collaboration and innovation;
* Other task as requested by senior management
Qualifications
* At least 10 years of experience in the re/insurance industry in Bermuda;
* CPA, CMA, CA or equivalent professional qualifications;
* Reinsurance qualifications is preferred;
* Knowledgeable and efficient in risk and insurance accounting (US GAAP and IFRS);
* Strong understanding of the Bermuda insurance regulatory framework and requirements, particularly as it applies to commercial reinsurance vehicles;
* Proven experience in preparing and submitting BSCR filings;
* Ability to work with minimum supervision and meet strict deadlines;
* Creative problem-solving skills and solution oriented;
* Detail oriented accounting professional with strong IT proficiency, capable leveraging technology to streamline financial reporting and drive innovation;
* Strong ability to work and collaborate in a team environment;
* Ability to administer complexre/insurance structures;
* Proficient in Microsoft Excel and other Microsoft products;
* Skilled in accounting software such as SUN or Oracle
* Comfortable working with cloud-based financial platforms and digital document management systems
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