- Location
- Crow Lane, Bermuda
- Type
- Full-time
- Department
- Finance
- Experience
- 25+ years
- Source
- Workday
Description
RenaissanceRe is a leading writer of Property & Casualty Reinsurance. For over 25 years, we have helped customers and communities recover and build resilience through our industry-leading ability to understand risk, source efficient capital and rapidly pay claims.
Our global team shares a passion for solving our customers’ biggest problems through a collaborative and entrepreneurial culture that empowers employees and rewards creative thinking.
The Treasury Analyst supports collateral management activities within Treasury, including the day-to-day administration, reporting, and control of collateral activity across RenaissanceRe’ s assumed and ceded reinsurance portfolios. This role is responsible for managing core collateral processes across letters of credit and trust structures, supporting accurate reporting and reconciliations, and helping to maintain a strong control environment. The position works closely with internal stakeholders, banking partners, and counterparties, while also contributing to process improvement, governance, and broader operational efficiency initiatives within Treasury Collateral.
PRINCIPAL ACCOUNTABILITIES / KEY RESPONSIBILITIES:
- Manage day-to-day collateral activity across assumed and ceded portfolios, including collateral calls, settlements, releases, substitutions, and related transaction execution.
- Oversee the collateral lifecycle across letters of credit and trust structures, ensuring collateral levels are maintained in accordance with contractual, regulatory, and internal requirements.
- Prepare collateral reporting, reconciliations, and management information across positions, movements, disputes, and concentrations, and investigate and resolve breaks across internal systems and external statements.
- Support collateral forecasting, analytics, and period-end reporting by producing accurate schedules, commentary, and insights for Treasury and Finance stakeholders.
- Apply collateral controls and documentation standards, including approvals, segregation of duties, evidence retention, and data quality requirements.
- Maintain procedures, templates, supporting documentation, and audit-ready records, and assist with regulatory, internal, and external reporting requirements.
- Partner with stakeholders across Treasury, Investments, Finance, Legal, Underwriting, Ceded, Operations, and Claims to support collateral activity, resolve issues, and anticipate collateral requirements.
- Liaise with banking partners and external counterparties to manage collateral enquiries, support transaction execution, and resolve issues on a timely basis.
- Identify opportunities to enhance collateral processes, reporting, controls, and data quality through standardisation, simplification, and automation.
- Contribute to broader technology and process improvement initiatives across collateral management and reinsurance administration activities.
- QUALIFICATIONS AND EXPERIENCE:Required Qualifications
- Bachelor’s degree in Finance, Accounting, Economics, Mathematics, or a related field.
- Strong analytical and numerical skills, with a high level of accuracy and attention to detail.
- Strong organisational skills, with the ability to manage multiple priorities, meet deadlines, and follow through on outstanding items.
- Clear written and verbal communication skills, with the ability to work effectively across teams and functions.
- Strong Microsoft Excel skills, including data analysis, reconciliations, and reporting.
- Ability to operate effectively in a fast-paced, deadline-driven environment while managing multiple stakeholders and workstreams.
- Working familiarity with securities, trust-held assets, and collateral funding mechanics.
- Preferred Experience
- Experience in collateral management, treasury operations, reinsurance, insurance, finance, or a similar financial services environment.
- Familiarity with reinsurance collateral and regulatory frameworks, including U.S. Credit for Reinsurance, NAIC, or OSFI.
- Exposure to collateral processes, financial controls, reconciliations, reporting, or related operational activities within a finance or insurance environment.
- Familiarity with Power BI, Tableau, Python, or process automation tools.
- Familiarity with AI tools and their practical use in analysis, reporting, and process improvement.
- We are an equal opportunity employer. We provide equal opportunity to all applicants and employees regardless of race, colour, religion, national origin, age, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.