Job Description

Overview

About the Company

SIG Re is the Bermuda-based Class 3A reinsurer within the Susquehanna family of companies. We bring the same scientific rigor, curiosity, and analytical discipline that define Susquehanna, a global quantitative trading firm, to pricing and underwriting specialty risk. We structure and model complex, often novel exposures, and stand behind that judgment as a dependable counterparty to our cedants and brokers. Our culture is intellectually driven and highly collaborative, bringing together professionals who value evidence, clear thinking, and long-term relationships. sig.com

About the Role

Based in Bermuda we are seeking an experienced and qualified Financial Controller to join the management team. The Financial Controller will be responsible for preparing and presenting monthly and annual financial statements to the Board of Directors and senior management.

Duties also include strategic planning, budgeting and forecasting, cash management, financial modeling, analyzing and reviewing contracts and business support. The Financial Controller will implement and maintain required financial controls and procedures.

Core Responsibilities

General Accounting and Month-End Close

• Journal preparation, bordereaux and statement processing.
• Cash booking and reconciliation.
• Accounting controls related to premiums, cash receipts, losses, claims, and vendor payments.

Reporting

• Develop and report financial results to senior management, including dashboards, and prepare reports for the Board and its committees.
• Ensure that reports are compliant with GAAP.
• File BSCR and statutory financial returns with the BMA or other applicable regulatory authorities.

Forecast and Budgeting

• Support the forecasting team on questions of short- and long-term earnings and cash flows. As part of this function, the Financial Controller ensures that the Company meets regulatory capital requirements and maintains sufficient liquidity to meet working capital requirements and pay claims.

Treasury

• Manage cash and work closely with the treasury department.
• Maintain banking relationships, work with rating agencies, and liaise with clients, brokers, and internal auditors.

What we’re looking for

Preferred skills, experience and qualifications:

• A Bachelor’s degree in accounting, finance, or a related subject, plus an internationally recognized accounting designation (CA, CPA, or equivalent).
• 5+ years relevant re/insurance industry and Bermuda Statutory Accounting knowledge.
• Reinsurance accounting experience, including hands-on experience with journal preparation, posting and review.
• BSCR knowledge and experience.
• Ability to initiate continuous improvements to enhance processes and controls.

Key Competencies:

• Financial Reporting and USGAAP
• Internal Controls and Governance
• Cross-Functional collaboration
• Communication and Board Reporting
• Ability to learn new tasks and skills quickly; comfortable asking questions and verifying information and requirements