Senior Financial Accountant

Reference Number:  2706
Contract Type:  Regular
Working Time:  Full-Time

Hannover Re - with around 3,900 employees at locations all over the world. Our strength? Connecting Power: We rely on each other. As a reinsurer, we protect customers in the event of a claim. This requires customised, innovative solutions. Solutions that worked yesterday may be outdated tomorrow. We challenge ourselves and continuously optimise our services, advice and products. All this makes us one of the leading and most profitable reinsurance groups in the world and a reliable employer.

Hannover Re (Bermuda) Ltd. is currently seeking candidates for our open Senior Financial Accountant position. This is a Full-Time role within the Finance & Accounting department. Reporting to the Chief Financial Officer this role is responsible for carrying out various aspects of the accounting function such as IFRS reporting, financial management, FP&A and process improvement/automation. The employee shall also undertake such additional or other duties as the Company may reasonably require from time to time.

You can look forward to

  • Manage relationships with banking partners and external asset manager.
  • Oversee company liquidity and managing the company's weekly/ad-hoc claims payment and operating expense processes.
  • Ensure asset liability matching (ALM) guideline adherence and manage FX risk exposure.
  • Monitor investment portfolio performance and prepare quarterly accounting reconciliations for the investment portfolio.
  • Manage the quarterly closing process and the financial forecast and planning processes (FP&A) for company costs and investments.
  • Monitor and clear cash, investment and expense control accounts and report any accounting discrepancies or unresolved items.
  • Maintain dashboards and tools to monitor investments, optimize liquidity and minimize FX risk exposure.
  • Maintain and follow the internal control framework, including documentation requirements and suggest changes to achieve efficiencies where appropriate.
  • Supervise and coach any direct reports and support them in reaching their full potential.

You come equipped with

  • Professional accounting designation such as CA, CPA or equivalent.
  • A minimum of five (5) years of relevant post-qualification experience with accounting and reporting in an international (re)insurance environment.
  • Excellent knowledge of financial accounting under the I FRS reporting framework.
  • Knowledge of P&C reinsurance business and the L&H Financial Solution business, investments and liquidity management would be considered an asset.
  • Versatile in working with accounting and Microsoft software packages, including SAP, Excel, Power Query and Power Bl.
  • Ability to multi-task and work under pressure with a great attention to detail.
  • Excellent communication skills both verbal and written.
  • Excellent organizational and time-management skills.
  • Willingness to work additional hours as needed to meet business objectives.

Hannover Re (Bermuda) Ltd. is an equal opportunity employer. Qualified persons should apply by 8 August 2025. No need to upload a photo – it won't impact your application. All applications will be held in the strictest of confidence.