Controller, US Life

Job title:

Controller, US Life

Company

PartnerRe

Job description

Company DescriptionPartnerRe is a leading, privately owned, multi-line global reinsurer with a reputation of financial stability and strength, and a commitment to rebuilding businesses and communities after risk events around the world.Our mission is to continue to be a financially stable and predictable business partner, supporting our clients with solutions tailored to their needs, delivering superior returns to our owner, providing rewarding opportunities for our people and making a positive contribution to society. To achieve this, we live by our values of Integrity, Performance, Collaboration, Straightforward Communication and Respect and Care.Core to The PartnerRe Experience is our global nature. No matter where you sit in the company, you are part of something bigger. Our teams represent our truly international mindset, forging connections across office locations and all levels of the organization and building a network of mutual success. The result is a day-to-day experience that will allow you to:View to find out more about what it’s like to work at PartnerRe.We are always looking for bright, proactive individuals to join our team!Please follow our for all updates on new positions. We look forward to receiving your application.PartnerRe is an equal opportunities employer.Please join our company for all updates on new positions that are coming live.Job DescriptionAbout this job:This position has now arisen in our North America Life Finance team that involves the delivery of meaningful financial reporting and analysis focusing on our US life reinsurer. This role will primarily involve the following duties:

  • Prepare quarterly regulatory returns and other filings, including audited statements, and RBC metrics for PartnerRe Life Reinsurance Company of America (PLRA). Liaise with auditors to complete annual audit.
  • Manage the regulatory relationship and oversee the statutory quinquennial regulatory audit process.
  • Support the analysis and communication of technical and other financial results for various stakeholders including senior management and the Board.
  • Support the preparation of US corporate tax returns.
  • Monitor and project the capital requirements of the legal entity and affiliate retrocessionaire to ensure that regulatory and management capital requirements are maintained.
  • Analyze the impact of emerging accounting standards on PLRA (US GAAP, US STAT, other accounting standards as required)
  • Analyze the impact on processes and controls of new transactions. This may include complex structures, financial reinsurance and new lines of life business. Implement new process changes as needed to ensure appropriate controls are in place.
  • Monitor and reconcile the PeopleSoft General Ledger and SUN sub-ledger, collaborate with other PartnerRe group reporting teams to support quarterly reporting.
  • Liaise and collaborate with various functions (Valuation, Administration, Legal/Compliance, etc.) on operational and reporting matters.
  • Collaborate and work with global, regional (North American Life or NAL) and local US counterparts to ensure consistency and reliability of reports and processes. Be an active member of the team preparing quarterly analysis to L&H leadership at all levels.
  • Participate in the annual planning cycle.
  • Perform ad hoc projects as and when required, including review of operating procedures and the analysis of accounting transactions.
  • Maintain appropriate documentation related to new and existing processes, particularly SOX related processes. This includes process narratives and flow charts.
  • Manage US Life Reporting and Analysis team.

QualificationsAbout you:You are an experienced (10+ years of PQE) accountant with diverse financial reporting and operational finance skills. Ideally you have experience working in a global re/insurance organization and are looking to continue building on your skills in a dynamic and culturally diverse environment.You will also bring the following experience/profile:

  • CPA Designation
  • US Statutory and US GAAP reporting experience
  • Working knowledge of a major general ledger system and reporting tools, such as People Soft general ledger, Sun systems general ledger, NVision reporting, and Business Object is an asset.
  • Experience with US Corporate tax is also considered an asset.
  • Experience managing a team, ideally across multiple locations
  • Proficiency in Microsoft Office Suite with emphasis on Excel and Power Point.
  • Exposure to complex entity structures, with multicurrency reporting, multiple entities, and multiple accounting bases for the same entity.
  • Collaborative mindset, willing to work across various geographies and time zones.
  • Demonstrated ability to adapt to a fast-paced environment and willing to rise to new challenges.
  • Strong interpersonal skills & effective written and oral communication skills.
  • Demonstrated analytical, problem-identification and resolution skills with a high attention to detail.

Additional Information#LI-HybridPartnerRe provides a working environment in which diversity is valued, where all employees feel welcome, respected, and empowered to perform at their best. We invite you to about D&I at PartnerRe.Thank you,PartnerRe Hiring Team

Expected salary

Location

Toronto, ON

Job date

Fri, 16 May 2025 22:29:45 GMT

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