Risk Funding Sr Analyst

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work. All qualified applicants will receive consideration for employment without regard to race, color, religion or creed, sex, pregnancy, sexual orientation, gender identity or expression, national origin or ancestry, citizenship, physical or mental disability, age, marital status, civil union status, family or parental status, or any other characteristic protected by law. Accommodation is available upon request for candidates taking part in the selection process. AXIS is a global insurer and reinsurer focused on specialty lines and treaty reinsurance. AXIS is headquartered in Bermuda and operates in North America, EMEA, Asia, and Global Markets (including Lloyd’s). The Risk Funding Finance and Operations function is responsible for delivering a strategic and forward-looking organization that will: • Advance the Company’s growth and profitability goals through the enablement of the Risk Funding strategy. • Provide clear accountability for outward reinsurance contracts, outwards reinsurance controls and outward reinsurance reporting. • Drive process excellence and better data and analytics through technological enablement and expanding partnership with Genpact. The Risk Funding Sr Analysts (RFSA) will report to the Risk Funding Operations Lead - Ceded. The RFSA will provide project and operational support for ceded premiums, accounting, and other related ceded activities. KEY DUTIES AND RESPONSIBILITIES: Global Operational, Close and Reporting Support • Have a working knowledge of reinsurance contracts and resulting reporting requirements to assure ceded premiums and loss calculations are compliant • Support reading and interpreting ceded contracts to setup treaty contract terms for processing in reinsurance systems (ProCede and ARC) • Coordinate ceded premium month end close process including review and validate reinsurance transactions • Perform ceded premium analysis to validate, investigate and explain ceded results • Manage contractual obligation processing and market communications (premium adjustments/profit commissions/Reinstatement premiums) • Calculate brokerage per treaty agreements • Develop strong relationships with internal and external clients to ensure timely responses to inquiries and communications • Coordinate the billing and collecting of ceded bordereaux as well as assisting the team to resolve related complex challenges and inquiries • Assist with cash bordereaux administration including system allocations, GL postings and reconciliations • Assist with claims and underwriting when necessary to resolve inquiries • Internal status or KPI reporting for various ceded activities • Work with foreign currencies related to conversions and settlements • Support departmental compliance with operational controls including, but not limited to SOX controls • Other ad-hoc requests as required KEY SKILLS AND EXPERIENCE: • Bachelor’s degree in Accounting or equivalent • Minimum 5 years’ experience in reinsurance operations • Strong analytical and reconciliation skills • Proficiency in Microsoft Office suite of products applications (Outlook, Word, Excel, and PowerPoint). Advanced excel knowledge a must • Internationally recognized accounting qualification pursuit or equivalent experience (CPA, ARe, CPCU) a plus • Retrocession and / or third-party capital industry knowledge with operations and reporting experience a plus • Experience with ceded reinsurance and financial systems a plus (ProCede and Oracle/SmartView) KEY PERSONAL SKILLS REQUIRED: • Highly motivated and organized to drive company initiatives, showing a strong level of accountability, integrity, and professionalism • Proven ability to meet tight deadlines, work under pressure and respond to changing priorities • Team player with ability to collaborate with internal and external customers, understand the needs and goals of a customer and actively look for ways to meet them • Excellent oral and written communication skills, which will include report writing skills and the ability to develop and maintain effective working relationships. • Highly numerate with analytical and problem solvency abilities