Hybrid Copy of Treasury & Operations Analyst at Kuvare

About the role

• Reporting to the Treasury & Operations Manager, the Analyst is responsible for supporting the day-to-day aspects of treasury, liquidity, and collateral management across the KSB platform. Primary duties also involve operational support of the organization's reinsurance treaties., with a significant focus on Japanese-based treaties. Other areas of support include collaborating with the broader Finance, Investment Accounting, Legal, and Investments teams.

Additional responsibilities include but are not limited to:

• Prepare and run financial models and perform financial analysis.
• Support collaboration between cedants and internal departments (Actuarial, Finance, Investments, Risk, etc.) across multiple time zones/jurisdictions (Bermuda, USA, Japan, etc.).
• Collaborate with the Risk team to run tools that analyze, track, and report rates and market performance over time.
• Participate in process optimization, improvement, and automation projects.
• Work closely with various teams across the company and group (including Pricing, Investments, Finance, and third-party custodians) on collateral projects and onboarding new reinsurance treaties and accounts.
• Prepare liquidity forecasting, reporting, and management to meet investment portfolio and operational needs.
• Prepare cash and security asset transfers to maximize financial flexibility, minimize idle cash, and prepare documentation support to record activity accurately.
• Prepare internally created risk reports including but not limited to, Liquidity Risk Report, FX Summary Report, Market Summary Report, and Kuvare Bermuda Liquidity reports.
• Assist the Program Manager under the current FX Risk Policy and Derivatives frameworks.
• Prepare collateral reports and margin calls for hedges and prepare periodic settlements with counterparties.
• Review and monitor hedge performance and effectiveness under various risk metrics and compliance within defined risk tolerances.
• Monitoring of various trust, collateral, and operating accounts and portfolios.
• Delivery of reinsurance analysis of monthly premiums received for each treaty and evaluate the actual versus expected new business flow.
• Analyze, reconcile, and track monthly transaction data tying against the expected cost of liability assumed in pricing.
• Prepare settlement statements from each reinsurance treaty and ensure timely payment of settlement amounts.
• Liaise with outbound retrocessions and provide timely reinsurance settlement reports.
• Execute processes for onboarding new reinsurance clients, ensuring consistency across our various platforms.
• Ensure terms and timelines are adhered to in reinsurance and trust agreements.
• Cash processing and expense management, processing of internal and external invoices, and reviewing expense reports in line with company policy.
• Execute treasury policies, procedures, and internal controls.
• Assist in preparing monthly and quarterly working papers and schedules, including financial reporting journal entries and other related reporting calculations.
• Assist in preparing inputs used by the Finance team during the yearly, monthly, and quarterly close processes, Including US GAAP financial statements and Bermuda statutory reports.
• Ad-hoc support in other areas of treasury and operations as required.

What you'll do

• Describe the specific responsibilities and job functions of the role

Qualifications

• Bachelor’s degree in Business, Finance, Economics, or a related field.
• Minimum of 2 years of progressive operational, treasury, finance, and/or accounting experience.
• Knowledge and/or experience with systems related to area of responsibility, including but not limited to AP systems and Bank Portals, is a plus.
• Demonstrated experience and advanced skills working with and manipulating data using spreadsheets and software skills in MS Excel and Bloomberg, including macros. Database experience would be a plus.
• Proficiency in MS Office Suite, Access, and VBA.
• Experience programming in SQL or R is a plus.
• Knowledge of reinsurance and annuity products is a plus.
• Experience with US GAAP.
• Strong organizational, time-management, client management, and communication skills with a keen eye for detail.
• Strong understanding of financial mathematics.
• Excellent interpersonal and communication skills, both written and oral, with critical thinking and sound judgment with a strong attention to detail and ability to prioritize and manage multiple projects.
• Willingness and capacity to work overtime, including evenings, weekends, and public holidays, and on short notice when needed to meet time-sensitive tasks.

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