Job Description

Job Summary:

This position is responsible for managing the accurate cession processing, accounting, analysis, and regulatory reporting of Markel’s ceded reinsurance portfolio. The role is within Markel’s Finance group and reports to the Director, Reinsurance Accounting.

Job Responsibilities

Manage assigned monthly, quarterly, and annual general ledger and data warehouse closing and management reporting processes.
Manage and participate in monthly and quarterly accounting functions including cession analysis, manual reinsurance calculations, adjusting journal entries, financial analysis and review, and account reconciliations.
Manage the accurate preparation of ceded exposure reporting and related Schedules, Notes, and Interrogatories for multiple legal entities.
Manage collateralization process to accurately securitize the Corporation on a statutory and corporate funding requirement basis, including letters of credit, funds held, and trusts.
Ensure ceded reinsurance SOX controls and department processes and procedures are in place and functioning appropriately.
Partner with IT resources to ensure controlled and timely closing of the general ledger and data warehouse.
Manage the internal and external reinsurer audit process to ensure accuracy of data provided for review.Oversee audit and resolution of audit results.
Directly manage, mentor, and develop a team of senior and staff accountants.
Manage direct report participation in cross-functional project teams.
Work closely with other functional areas to resolve issues and support achievement of business goals.
Proactively identify and champion process improvements and ensure teams are continually working to improve both the efficiency and effectiveness of accounting processes.
Leverage technology to increase self-servicing of data and automate processes.
Assist with monitoring and interpreting emerging accounting guidance and implement new accounting and disclosure standards as appropriate.

Education/Certification:

Bachelor’s degree in Accounting required;
Certified Public Accountant (CPA) license preferred;
Insurance designations preferred (CPCU, AIAF, ARe).

Work Experience

7+ years of accounting experience required;
Experience in the insurance/reinsurance industry strongly preferred;
2+ years of managing direct reports to include performance management.

Skill Sets

Expert MS Excel, data sets/SQL proficiency required, MS PowerPoint proficiency desired;
Experience with Oracle and SmartView applications preferred;
Strong leadership and people management skills;
High degree of flexibility and responsiveness to change in a fast-paced environment
Detail-oriented with strong organizational skills;
Proven written and verbal communication skills to include written and verbal presentations to senior leadership;
Ability to work on multiple projects simultaneously under tight deadlines;
Strong technical accounting, research, analytical, and problem solving abilities;
Energetic, interactive, reliable, and respectful teammate.