About the Company
Vantage Group Holdings Ltd. (Vantage) was established in late 2020 as a re/insurance partner designed for the future. Driven by relentless curiosity, our team of trusted experts provides a fresh perspective on our clients’ risks. We add creativity to tech-enabled efficiency and robust analytics to address risks others avoid. Vantage provides specialty re/insurance through its operating subsidiaries in Bermuda and the U.S.
Vantage has approximately 365 colleagues in both the United States and Bermuda. We have offices in Chicago, IL, Norwalk, CT, Arlington, VA, Boston, MA, New York, NY, Atlanta, GA and Hamilton, Bermuda. Additionally, we are a highly geographically diverse workforce with colleagues based in 35 states and counting. We fully support work flexibility including remote and hybrid work arrangements.
About the role:
At Vantage, the Senior Accountant, Ceded Reinsurance is a member of the insurance finance team. This position will assist with all accounting activities for the Company’s insurance segments. Additionally, the Senior Accountant will assist with GAAP and STAT reporting responsibilities, design and execution of the control framework, and tactical process improvement initiatives.
This is an exciting opportunity for a dynamic self-starter who can be successful in a fast-paced environment, is able to balance multiple daily priorities, and is excited to be exposed to all aspects of commercial (re)insurance. You will be a part of a highly collaborative team where your contribution is crucial to the ambitious goals of this fast-growing Specialty Insurance and Reinsurance carrier. We’re looking for someone who is relentlessly curious, energized by continuous learning, and eager to dive into new challenges as the business evolves.
The base salary expectation for this role is between $95,000 and $105,000. Actual base salary for the selected candidate may be higher commensurate with candidate experience and expectations. Additionally, Vantage offers its colleagues performance-based bonus potential, strong health & welfare benefits, retirement plans with company match, competitive time off plans, a highly flexible work environment, and much more.
Responsibilities & Accountabilities:
- Actively participate in the monthly and quarterly close process, to include preparing detailed monthly and quarterly journal entries and variance analysis and account reconciliations.
- Prepare monthly and quarterly ceded reinsurance statements.
- Prepare treaty, FAC, and proportional calculations, entries, billing, receipts, and disbursements.
- Assist in the preparation of financial statements and related footnotes.
- Prepare and maintain the appropriate level of workpapers and process & control documentation.
- Improve documentation and streamline processes around month-end/quarter-end close.
- Liaise with external and internal audit teams. Coordinate with various departments across the firm to gather audit support.
- Support special project work and perform ad-hoc analysis as needed.
Ideal Candidate Profile:
- Bachelor’s degree in Accounting or Finance required or equivalent professional experience.
- 3+ years of accounting experience at a Property/Casualty Insurer.
- Ceded Reinsurance accounting experience preferred but not required.
- US GAAP and Statutory basis accounting knowledge.
- Experience with preparing US GAAP and/or US Statutory financial statements and footnotes.
- Strong analytical and problem-solving skills.
- Highly detail-oriented and organized.
- Excellent communication skills.
- Self-starter – self-motivated.
Our Vantage Values
Do What’s Right – be a force for good, for our customers, shareholders, colleagues, industry and communities.
Be Relentlessly Curious – ask questions, listen to understand, challenge the status quo, look for ways to say YES, drive innovation, be opportunistic and disciplined.
We’re Better Together – collaborate, be inclusive, supportive, respectful and humble, be a trusted partner internally and externally.
Be Transparent – in who you are, what you think, and how you work, seek and provide alternative points of view, be true to yourself.
Make A Difference – focus on impact, embrace technology, leverage data and analytics as critical assets, act intentionally to deliver on our mission.
We value diversity and are committed to creating an inclusive environment for all employees. At Vantage, we strive to build and foster a culture where inclusiveness is ingrained, not just an initiative. All colleagues support building an inclusive environment where employees feel empowered to share their experiences and ideas to foster an environment which encourages you to "Be You!" We are proud to be an equal opportunity employer.
In connection with our business, Vantage may collect and process your personal data. For further information regarding how we use this data, please see our online privacy notice at Vantage Recruiting Privacy Notice.
ADA Notice: All applications shall be submitted online through our applicant tracking system. Candidates needing reasonable disability accommodation to enable them to apply and/or fully participate in the selection process are encouraged to email [email protected] with the subject Candidate ADA Request detailing their needs. Please note the above email box is for candidates needing reasonable disability accommodation only, emails submitting resumes will not be considered and those seeking application status updates will go unanswered.