The Virginia Society of CPAs
My client, a large Asset Owner, is seeking a contractor for 6-9 months (likely longer) to join their Residential Property Accounting team. Job Description Be responsible, in conjunction with colleagues, for the accounting book of records of the direct real estate portfolio, including residential, commercial, rural, strategic land, timber, and minerals. Ensure acquisitions, disposals, revaluations, income, expenses, and other transactions are accurately reflected in the SAP accounting system. Review information supplied by managing agents regarding income collection and expenses paid to ensure data completeness and accuracy. Collaborate with the Investment Operations team to manage daily treasury functions such as acquisitions, sales, calls, and distributions, ensuring accurate cash management. Work with the Property Finance Manager to perform quarter-end and year-end closing procedures and post monthly journals to NCI's SAP ERP system for various property portfolios. Assist in producing management reports for asset managers on a monthly, quarterly, and ad-hoc basis, and track direct asset management costs against budget. Support the preparation of year-end audit schedules to facilitate annual audits and financial statements. Attend regular service review meetings with managing agents, discuss queries/issues/requests, document minutes, and report progress to the Property Finance Manager and Head of Investment Accounting. Assist in managing the agent change project, including: Collaborating with the Contract and Vendor Manager and the Head of Investment Accounting to clarify managing agents' SLA data and reporting requirements. Working with existing and new managing agents to ensure accurate data transition through checks and controls. Preparing reconciliations between ERP systems and agents' data to ensure successful migration, and obtaining sign-off from the Head of Investment Accounting. Post go-live, ensuring accurate reporting from managing agents as per SLA documentation. Keeping stakeholders informed throughout the transition to prevent unintended impacts. Ensuring necessary procedural documents are in place for all work performed.
My client, a large Asset Owner, is seeking a contractor for 6-9 months (likely longer) to join their Residential Property Accounting team. Job Description Be responsible, in conjunction with colleagues, for the accounting book of records of the direct real estate portfolio, including residential, commercial, rural, strategic land, timber, and minerals. Ensure acquisitions, disposals, revaluations, income, expenses, and other transactions are accurately reflected in the SAP accounting system. Review information supplied by managing agents regarding income collection and expenses paid to ensure data completeness and accuracy. Collaborate with the Investment Operations team to manage daily treasury functions such as acquisitions, sales, calls, and distributions, ensuring accurate cash management. Work with the Property Finance Manager to perform quarter-end and year-end closing procedures and post monthly journals to NCI's SAP ERP system for various property portfolios. Assist in producing management reports for asset managers on a monthly, quarterly, and ad-hoc basis, and track direct asset management costs against budget. Support the preparation of year-end audit schedules to facilitate annual audits and financial statements. Attend regular service review meetings with managing agents, discuss queries/issues/requests, document minutes, and report progress to the Property Finance Manager and Head of Investment Accounting. Assist in managing the agent change project, including: Collaborating with the Contract and Vendor Manager and the Head of Investment Accounting to clarify managing agents' SLA data and reporting requirements. Working with existing and new managing agents to ensure accurate data transition through checks and controls. Preparing reconciliations between ERP systems and agents' data to ensure successful migration, and obtaining sign-off from the Head of Investment Accounting. Post go-live, ensuring accurate reporting from managing agents as per SLA documentation. Keeping stakeholders informed throughout the transition to prevent unintended impacts. Ensuring necessary procedural documents are in place for all work performed.
The Virginia Society of CPAs
Location: London, GB Are you keen to be part of the team to support the portfolio growth of the Financial Solutions Ambition announced as part of the L&H Ambition Reset? Are you savvy with financial reinsurance and capital solutions, and excited about optimizing performance under the updated regulatory frameworks for VA/GMxB and related product lines? About the Job Manage the in-force performance of VA/GMxB, Financial Market Transformation (FMT), and Remote Risk Transactions (RRT) portfolios Develop, enhance and maintain stochastic models for valuation and pricing of VA and GMxB riders under economic, International Financial Reporting Standards (IFRS), and US Statutory frameworks. Use scripting languages for regular production, performance optimization, management reporting, etc. Analyze biometric experience and propose assumption update for review and approval by Risk Management Present material for Quarterly Monitoring committees on transaction level experience. Perform regular and ad-hoc investigations into existing processes and data (such as policy data, Profit & Loss attribution, reserving and capital calculations etc.) Collaborate and consult with other groups in L&H and across the wider Swiss Re Group (LHSS, Client Markets, Finance, Risk, etc.) with a view to continually improve our ability to manage the financial and biometric exposures of the portfolio Support on-boarding of new transactions (e.g. Captive and Capital Relief) and new products (e.g. FIA, RILA), lead internal coordination across functions in L&H to ensure the smooth transition of models and processes into production Support standardizing and productionizing of transactions reporting for valuation, accounting, statutory, risk management and hedging purposes About the Team Major relationships include L&H FMI Pricing & Structuring L&H Structured Solutions Risk Management - Financial Risk Management, Valuations Finance Treasury Asset Management About You Mathematical / Computer Science / Financial modelling / Actuarial Sciences / Finance academic background Extensive understanding in life insurance business concepts. Experience with scripting and analytical languages e.g. Python, R, C++, C, Moses, Prophet, AXIS Quantitative technical abilities. Practical experience using a range of tools to perform data analytics Curious mind interested in investigating the underlying drivers and patterns Working level financial markets knowledge, collaboration with Treasury etc Performance minded - drive to grow new business, KPI focused About Swiss Re Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience. Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled. During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed. Reference Code: 134502 Open ZRH-23-13514-P10_Job_Advertisement_Benefits_UK in overlay Make an impact Start your career journey with Swiss Re.
Location: London, GB Are you keen to be part of the team to support the portfolio growth of the Financial Solutions Ambition announced as part of the L&H Ambition Reset? Are you savvy with financial reinsurance and capital solutions, and excited about optimizing performance under the updated regulatory frameworks for VA/GMxB and related product lines? About the Job Manage the in-force performance of VA/GMxB, Financial Market Transformation (FMT), and Remote Risk Transactions (RRT) portfolios Develop, enhance and maintain stochastic models for valuation and pricing of VA and GMxB riders under economic, International Financial Reporting Standards (IFRS), and US Statutory frameworks. Use scripting languages for regular production, performance optimization, management reporting, etc. Analyze biometric experience and propose assumption update for review and approval by Risk Management Present material for Quarterly Monitoring committees on transaction level experience. Perform regular and ad-hoc investigations into existing processes and data (such as policy data, Profit & Loss attribution, reserving and capital calculations etc.) Collaborate and consult with other groups in L&H and across the wider Swiss Re Group (LHSS, Client Markets, Finance, Risk, etc.) with a view to continually improve our ability to manage the financial and biometric exposures of the portfolio Support on-boarding of new transactions (e.g. Captive and Capital Relief) and new products (e.g. FIA, RILA), lead internal coordination across functions in L&H to ensure the smooth transition of models and processes into production Support standardizing and productionizing of transactions reporting for valuation, accounting, statutory, risk management and hedging purposes About the Team Major relationships include L&H FMI Pricing & Structuring L&H Structured Solutions Risk Management - Financial Risk Management, Valuations Finance Treasury Asset Management About You Mathematical / Computer Science / Financial modelling / Actuarial Sciences / Finance academic background Extensive understanding in life insurance business concepts. Experience with scripting and analytical languages e.g. Python, R, C++, C, Moses, Prophet, AXIS Quantitative technical abilities. Practical experience using a range of tools to perform data analytics Curious mind interested in investigating the underlying drivers and patterns Working level financial markets knowledge, collaboration with Treasury etc Performance minded - drive to grow new business, KPI focused About Swiss Re Swiss Re is one of the world's leading providers of reinsurance, insurance and other forms of insurance-based risk transfer, working to make the world more resilient. We anticipate and manage a wide variety of risks, from natural catastrophes and climate change to cybercrime. We cover both Property & Casualty and Life & Health. Combining experience with creative thinking and cutting-edge expertise, we create new opportunities and solutions for our clients. This is possible thanks to the collaboration of more than 14,000 employees across the world. Our success depends on our ability to build an inclusive culture encouraging fresh perspectives and innovative thinking. We embrace a workplace where everyone has equal opportunities to thrive and develop professionally regardless of their age, gender, race, ethnicity, gender identity and/or expression, sexual orientation, physical or mental ability, skillset, thought or other characteristics. In our inclusive and flexible environment everyone can bring their authentic selves to work and their passion for sustainability. If you are an experienced professional returning to the workforce after a career break, we encourage you to apply for open positions that match your skills and experience. Swiss Re is an equal opportunity employer. It is our practice to recruit, hire and promote without regard to race, religion, color, national origin, sex, disability, age, pregnancy, sexual orientations, marital status, military status, or any other characteristic protected by law. Decisions on employment are solely based on an individual's qualifications for the position being filled. During the recruitment process, reasonable accommodations for disabilities are available upon request. If contacted for an interview, please inform the Recruiter/HR Professional of the accommodation needed. Reference Code: 134502 Open ZRH-23-13514-P10_Job_Advertisement_Benefits_UK in overlay Make an impact Start your career journey with Swiss Re.