Reinsurance Cash Manager

This is a fully remote position, open to applicants in France.

📋 Description

• Oversee daily operations related to reinsurance cash, encompassing premium payables, loss recoveries, receivables, payment tracking, reconciliations, and managing overdue balances.

• Collaborate with Treasury on cash forecasting and liquidity planning activities.

• Handle cash calls, collateral requirements, and accounts involving withheld funds.

• Address and resolve payment concerns with reinsurers and brokers.

• Generate management reports detailing reinsurance KPIs and cash positions.

• Provide analysis comparing actual results against budget and previous year figures.

• Assist in financial evaluations and business cases for new reinsurance initiatives.

• Aid in daily inquiries and discussions with reinsurers.

• Facilitate quarterly and annual meetings for settlement reconciliation.

• Resolve conflicts related to balances, payment schedules, and contract interpretations.

• Support treaty renewals concerning financial elements and maintain reinsurer performance scorecards.

• Promote the automation of cash tracking and reconciliation workflows.

• Contribute to the implementation, upkeep, and enhancement of xLayer.

• Spot opportunities for efficiency improvements and work with IT and Finance on system upgrades.

• Ensure compliance with cash management policies and maintain internal controls.

• Validate cash-related balance sheet accounts and assist in audits of reinsurance cash and recoverables.

⛳️ Requirements

• Solid background in finance or accounting.

• Experience in cash management, reconciliations, and financial analysis.

• Ideally, background in the insurance/reinsurance sector or another regulated financial field.

• Capability to manage operational workflows and create clear financial narratives.

• Ability to collaborate effectively with Treasury, Accounting, Reinsurance, brokers, and reinsurers.

• High proficiency in Excel along with financial systems and reporting tools.

• Strong communication skills in English.

• Good understanding of reinsurance processes, including treaties, statements, settlements, collateral, and withheld funds.

• Skill in managing deadlines and ensuring cash accuracy.

• Competence in interacting with external parties and de-escalating disputes.

• Ability to simplify complex cash and reinsurance concepts for non-experts.

• Comfort with digital tools for data extraction, anomaly detection, standard checks, traceability, productivity, governance, and auditability.

🏝️ Benefits

• Genuine remote work flexibility offered through the Wakam From Anywhere (WFA) program.

• Monthly Free.day: dedicated time allocated for personal growth and skill enhancement.

• Lunch vouchers provided via the Swile card.

• Collaborate with passionate professionals who share knowledge and foster career advancement.

• An inclusive atmosphere where diversity is embraced.

• Reasonable adjustments available during the recruitment process.