ACCOUNTANT

PROFILE SUMMARY

Dependable, energetic and result-driven professional with 23+ years' background in reinsurance accounting and underwriting. Knowledgeable in general accounting and bookkeeping practices with a track record of driving business growth through a systematic approach in achieving accurate financial records. Skilled in cultivating productive client’s relationships, and prospecting new businesses. Seeking a role in a global organization that leverages my experience, education and skills to contribute to the continued success.

PROFESSIONAL EXPERIENCE

GUY CARPENTER, LLC Hoboken, NJ

Senior Reinsurance Accounting and Claims Technician May 2017 - December 2017

Managed settlement of funds to and from Client in a timely manner ensuring all applicable payment warranties and conditions are met.

Reviewed and processed invoices from clients to markets on proprietary system (GRAIL). Generated invoices utilizing EPIC system.

Maintained specific client Excess of Loss accounts to handle contract, claims and accounting.

Facilitated technical processing of premium and claims for specifically assigned client accounts.

TRANSATLANTIC REINSURANCE COMPANY New York, NY

Supervisor/Team Lead: Underwriting December 2012 - December 2016

Assisted CRO with the modification of the Overall Financial Report to capture potential financial obligations due to Special Termination.

Provided Underwriters and Underwriting Managers with Quality Control findings and made recommendations as needed.

Helped CRO with modification to the special termination screen, which provided an improved and more efficient method of gathering potentials triggers that could impact financial stability.

Developed training classes for Technical Assistant improvement of data accuracy in TIRS.

Provided Underwriters and Underwriting Managers with Quality Control findings and made recommendations as needed.

Assisted Accounting with the Quarterly Premium Waterfall report, ensuring North American Operations quarterly reporting requirements are met by securing bound submissions and communicating with Operations on deadlines to TA’s.

Supported and maintained Quality Control initiatives across various internal processes.

Liaison between TA’s, underwriting, accounting, claims and IT to assist in resolving TIRS and accounting issues.

Team Lead: Underwriting August 2010 - December 2012

Collaborated with COO, SVP of Facultative Administration and IT to test new products implementation and system changes to improved Workflow efficiencies.

Reviewed and provided confirmation to Underwriter on Commutations, Sliding Scale Commission calculation, Profit Commission calculation, No Claims Bonuses, and Premiums Adjustments prior to accounting processing these accounts.

Provided TAs with training on Deposit Premium coding, Sliding Scale Commission calculations, Profit Commission calculations and Premium Adjustments.

Created and implemented new procedure for Technical Assistants and Underwriters to forward specific documents to department specific public folders thereby eliminating lag time between email date and document management date.

Performed analysis and evaluation of various underwriting books of business for Transatlantic Reinsurance Company to be recorded in the system (TIRS).

Inputted underwriting data for various Divisions: General Casualty, Surety & Credit, Special Casualty (Med Mal, A&H and D&O/E&O), Marine and Assumed business accurately and timely into the Transatlantic International Reinsurance System (TIRS) for Management, Underwriting, Actuarial, Accounting and claims to assess.

Increase efficiencies and implementing changes between TA’s, system and underwriting.

Senior Technical Assistant for Special Casualty Division May 2004 - August 2010

Verified and provided my confirmation to Underwriter for financial statistics to facilitate the processing of Commutations, Sliding Scale Commission calculation, Profit Commission calculation, No Claims Bonuses, and Premiums Adjustments prior to accounting processing these accounts.

Held the responsibility of creating and executing several Assumed and Ceded GRM reports to assist underwriters.

Reviewed Collaborated with IT to create several electronic system alerts to allow a timelier response for TA’s to make corrections in TIRS abstract. This helped streamline the process of the overall TIRS file maintenance (DMS).

Provided training of TA’s staff as well as global users on new system enhancements.

Go-to person for main Operational inquiries for various departments (underwriting, claims, contracts, accounting, Senior Management, internal and external Auditors and compliance).

Technical Assistant for Surety, Credit & Political Risk Division February 1996 - May 2004

Ensured data accuracy for Retrocession treaties including the coordination of reconciliation of treaty result with assumed accounting department.

Performed analysis and evaluation of various underwriting books of business for Transatlantic Reinsurance Company to be recorded in the system (TIRS).

Created and maintained database of exposures by Principal, Buyers and Countries.

Worked with Underwriters and IT department on the creation and implementation of the Transatlantic International Reinsurance System (TIRS).

Liaison between internal and external auditors for year-end reporting and Sarbanes Oxley compliance.

Assisted the Contract Department with the preparation of documents for signature and returned documents to Client.

Prepared, executed and maintained a database of Powers of Attorneys (on Access).

Assumed Treaty Reinsurance Accountant October 1993 - February 1996

Facilitated the accuracy and timely analysis and processing of financial and statistical data from statement of accounts received from affiliates, brokers, in-house, and direct reinsurance companies onto a UNIX reinsurance data processing system (Assumed Business Pro-Rata and Excess of Loss treaties) for monthly and quarterly closings.

Prepared quarterly financial spreadsheets on Lotus 1-2-3 later to Excel for comparison of quarterly and year-to-date changes of premium, contingent, sliding scale commissions for analysis by management and underwriters.

Monitored quarterly and inception-to-date changes of unearned premium, outstanding loss reserves, loss, and expense and combined ratios.

Managed Request from brokers loss details for analysis of fluctuations of loss reserves.

Periodic interaction with underwriters and brokers regarding contract ambiguities.

EDUCATION

SAINT PETER’S COLLEGE Jersey City, NJ May 1993

Bachelor of Science, Accounting

COMPUTER SKILLS

Proficient in MS Office 2010: Excel (Pivot tables, Charts, V-lookup), Word, PowerPoint, Transatlantic Reinsurance System (TIRS), Global Reinsurance System (GRM), Guy Carpenter’s Proprietary system (GRAIL), EPIC, Document Management System (DMS).

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