Iris M. Rivera

*** **** ***. *

ST Petersburg, FL 33703

EMAil: ad2xf3@r.postjobfree.com

Cell: 516-***-****

SUMMARY: Well-organized, diligent, and highly analytical professional, with extensive background in general accounting, finance, bookkeeping, and office management. Leverage outstanding skills in various aspects of accounting and bank reconciliation. Show competency in working independently or as part of a team, with a unique ability to relate and communicate well with all levels of professionals. Bilingual in Spanish and English.

EXPERIENCE: Clarendon Insurance Company, a subsidiary of Enstar Group, New York, NY

9/10 – 7/22 FINANCIAL ACCOUNTANT

*Prepare statutory quarterly and annual statements as well as internal financial statements, Sch P, Sch F, Sch X, Sch T, Pages 7, 8, 9, 10, 12, 13 & 15, RBC and AM Best Reports.

*Update and document collateral in the form of Letters of Credit and Trust Agreements. Scan documents and hyperlink to controls.

*Prepare advanced and complicated excel work papers by utilizing pivot tables and formulas, etc.

*Enter general ledger entries into CODA/ COGNOS.

*Run the trial balance and reconcile accounts against the general ledger, and income statements.

*Prepare financial information ensuring compliance with statutory accounting principles for Auditors and Senior Management.

*Do manual and electronic state filings.

*Utilize pivot tables, sumproduct, sumif, and VLookup / HLookup formulas in generating advanced and complicated Excel work papers.

*Organize and document companies’ collateral and take charge of validating financial statements and state filing submittals in accordance with National Association of Insurance Commission

AON Benfield Inc., New York, NY

12/06 – 4/10 DIRECTOR ASSISTANT VICE PRESIDENT/ACCOUNTING MANAGER

*Ensured integrity of financial accounting records by establishing and implementing effective internal controls ensuring timely and accurate business results.

*Monitored placement slip system for accuracy and timeliness, cash & account processing, accurate flow of information & flow of funds.

*Assisted staff with collections, difficult customer issues, inquiries, and resolve pending accounting issues. Traveled to client’s offices to improve relationships and resolve pending accounting issues.

*Attended requested audits. Assisted in the preparation of budget & expense reports.

*Managed a department of 8 accountants. Coached, hired, prepared performance reviews, accomplish work objectives, delegated, and conducted team meetings.

*Crossed trained employees.

*Achieved operational effectiveness through development, implementation and monitoring of departmental goals, policies and procedures.

*Reviewed financial, statistical and operational reports for revenue recognition.

*Identified and developed improvement of overall work efficiency and expand use of technology to archive paperless process while maintaining full documentation.

*Prepared quarterly Sarbanes Oxley Report and review with senior management.

*Reason for leaving: NY department closed. Severance package was received.

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AXA Liabilities Managers, Inc. New York, NY 11/98 – 12/06 SENIOR REINSURANCE TREATY COORDINATOR

*Reviewed all aspects of treaty and proportional account coding, cash receipt and disbursements.

*Reviewed calculations, verified premium, retrospective premium adjustments, reinstatement premiums, contingent, and sliding scale commission adjustments.

*Produced quarterly premium, and premium adjustment accruals.

*Analyze top forty ceding companies premiums and unearned premium reserves.

*Updated on a quarterly basis, contracts with catastrophes, or large losses.

*Produced quarterly intercompany reports for AXA Corporate Solutions and its subsidiaries.

*Prepared affiliated cash quarterly reports.

*Assisted in the statutory yellow book annual preparation of Schedule F, Schedule Y, and the BE 48 Report, Premium and Losses – Underwriting and Investment Exhibits pages 6, 7, 8 & 104. Losses pages 10, 11 & 20. Notes to the Financials, General Interrogatories, and Schedule H.

*Collaborated with various Brokers, as well as, internal departments such as claims, and underwriting.

*Gather pertinent claim data and file a voting proxy by required date for companies under solvent scheme of arrangement.

*Reason for leaving: Company was in run-off.

Swiss Re of America, New York, NY 1996–1998 REINSURANCE ACCOUNTING SUPERVISOR

*Reviewed all aspects of assumed treaty and proportional, account coding and account rendering.

*Reconciled assumed and ceded contracts.

*Approved cash disbursements, monitor accounts receivable and payable balances.

*Created monthly cash flow forecast. Reviewed various contractual calculations.

*Produced and review quarterly accruals of deposit premiums, paid loss and loss expense, premium adjustments, contingent commissions, sliding scale adjustments, and retrospective adjustments.

*Assisted in the statutory reporting of the yellow book.

*Reason for leaving: Company relocated to Armonk, NY-excessive commute from Long Island, NY

CNA Insurance Co., formerly Continental Insurance, New York, NY 1989–1996 RISK MANAGEMENT GROUP OPERATIONS MANAGER

*Assessed effectiveness of underwriting workflow processes, and provided development and delivery of appropriate training, as well as workflow enhancements.

*Identified issues and obstacles for effective collections, developed strategies and monitored results.

*Collaborated with brokers, agents and intermediaries in collections of aging balances.

*Provided general administrative supervision to ensured optimum physical facilities were set up and maintained.

*Developed the budget and monitored monthly expense and revenue.

*Accomplished quick and smooth transition of company merger with the department.

CNA Insurance Co., New York, NY

ASSISTANT MANAGER Corporate Reinsurance Accounting (1992 -1994)

*Reviewed all ceded treaty and proportional accounts, and monitored new accounts.

*Ensured completion of account rendering cash application, and reconciliation.

*Liaison with the Finance/Treasury departments preparing cash flow forecast.

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*Monitored departmental correspondences with various brokers and reinsurer’s.

*Reviewed calculations, and maintained controls.

*Prepared and monitored portfolio transfers, bankrupted and commuted balances, funds held, foreign exchange balances, and general ledger entries.

*Prepared notes to the annual Financial Statement and Yearly Interrogatories for the statutory reporting of the yellow book, and analyzed and prepared aging balances reports, specifically for Schedule F.

*Established procedures for new accounts and all functions of departmental work responsibilities.

CNA Insurance Co., New York, NY

PREMIUM ACCOUNTING/GENERAL LEDGER SUPERVISOR (1989 –1992)

*Controlled aspects for ceded treaty premium accounting, processing, lines of business distribution, yearly accruals, calculation of premium adjustments, as well as analysis of yearly financial impact.

*Monitored all general ledger accounting entries.

*Monitored internal corporate treaties and settled balances with intercompany profit centers.

*Effectively trained and managed the department with minimal supervision meeting schedules deadlines.

AMERICAN INTERNATIONAL GROUP, New York, NY 1987–1989 SUPERVISOR Domestic Investment

*Prepared quarterly and annually the statutory reporting of the yellow book Schedule D, M and H.

*Filed securities with the NAIC

*Reconciled the Banks fiduciary statements for AIG’s Investment.

*Adapted to a new investment computerized system, controlled, monitored and set procedures.

EDUCATION

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CREDENTIALS: Briarcliffe College, Long Island, New York LaGuardia Community College

Bachelor of Science in Management, 8/05 Bachelor of Science in Accounting, 9/79

Minor: Accounting GPA: 3.90 ~ Honors

GPA: 3.93/4.0 ~ Honors

*Notary Public – Nassau County

Training: *Nassau Community College

QuickBooks Classes

Bookkeeping Classes

TECHNICAL ACUMEN: Proficient in Microsoft Office Suite (Excel, Word, PowerPoint, and Outlook), PeopleSoft, and QuickBooks, Access

Industry-specific software, such as AS400, Arena, REX, SICS, EFreedom, AS2000, Oracle, Citrix, ADI, Cognos-CODA, Fundtrac, and Prism

PRESENT SALARY: $85,000 + Bonus

SALARY DESIRED: $ Open

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