RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.

Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.

Job Description

The Senior Accountant - Investments is responsible for supporting the financial accounting, internal controls, budgeting, and financial reporting for the Company’s investment portfolio, including assuming responsibility for some areas. This role is also responsible for supporting projects to enhance the efficiency and effectiveness of reporting requirements in an increasingly complex environment, including leading smaller projects or certain workstreams within larger projects. The role may have close interaction across multiple functional areas of the business and work with the wider Finance Team to add value across relevant business areas. The role provides opportunities to develop specific skillsets and to progress within a dynamic team.

RESPONSIBILITIES INCLUDE:

Support the AVP, Controller – Investments in all aspects of monthly and quarterly investment portfolio reporting including, but not limited to, internal Management and Board reporting, external SEC reporting, GAAP and statutory reporting
Primary review of standard monthly investment reporting packages and posting of journal entries
Complete the periodic reconciliation of underlying investment data to general ledger and the analysis to support the valuation of the investment portfolio
Preparation of monthly journal entries to account for the valuation and transactions relating to the Company’s Private Credit & Private Equity funds
Complete periodic processes and internal controls to meet the requirements of Section 404 of Sarbanes-Oxley (SOX 404) and monitor and enhance the SOX 404 environment to ensure an efficient and effective internal control environment
Assist in the preparation of weekly investment analyses for senior management
Liaise with internal and external auditors to provide support required to conduct audits
Liaise with external investment accounting service provider with respect to the monthly close process, ensuring resolution of any identified issues, on an as needed basis
Assist in the research and preparation of accounting memoranda supporting the US GAAP treatment for complex investment and derivative transactions
Support the Global Finance function with strategic projects and initiatives, as needed
Support the Global Finance function with respect to the quarterly close and financial reporting process, as needed

EDUCATION, SKILLS & EXPERIENCE:

A University degree essential with emphasis on business, finance, or accounting
Professional accounting designation required (e.g. CPA, CA, ACA)
At least 2 years of Big Four audit experience, preferably with focus on investments or asset management engagements
Experience with public companies and SOX 404 is advantageous
Solid and demonstrable knowledge of US GAAP and experience of the specific working application of ASC 320, ASC 815, ASC 820, ASC 825
Proven problem solving and analytical skills
Proven ability to prioritize workload and meet deadlines
Ability to work on own initiative and complete work in a methodical, thorough and organized manner
Be an efficient and effective team member and participate fully to achieve team goals
Excellent numerical skills and keen attention to detail
Proficiency in the use of computer systems and applications (Microsoft Office Suite, etc.)
Strong working knowledge of general ledger and other accounting sub-systems is advantageous

Our people are our most valuable resource and core to our success. This is a fast-paced business environment, demanding a strong work ethic and a results-oriented approach. We offer competitive compensation and benefits, a comprehensive talent development program, and a reward system in which employees share in the success of the company. We are an engaged member of the communities in which we live and work and have a locally-led giving philosophy with generous employee matching program, global and local community grants and employee volunteerism.

We seek diversity, create equity, and practice inclusion. Our people are at the heart of everything we do. We are an equal opportunity employer. We provide equal opportunity to all qualified individuals regardless of race, color, religion, national origin, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.

Senior Accountant I

Job Description