Treasury Manager

Fergus Reinsurance Limited (Fergus Re), a Bermuda-based Class 3B Segregated Account Company licensed and regulated by the Bermuda Monetary Authority, is seeking an experienced Treasury Manager to join its finance team. Reporting directly to the Chief Financial Officer, the successful candidate will support the Company's treasury, cash management, liquidity, investment accounting and capital management activities.

ESSENTIAL RESPONSIBILITIES

• Manage the Company's day-to-day treasury operations, including monitoring daily cash flows, adjusting cash positions and preparing short- and long-term cash flow forecasts.

• Coordinate cash settlements and funding requirements related to reinsurance transactions, claims payments, premiums, collateral arrangements and investment activities.

• Manage banking, investment trustee and custodial relationships, including account management and payment processing, and support oversight and administration of the investment portfolio with the Company’s investment manager.

• Prepare treasury-related journal entries, reconciliations, schedules and supporting analyses as part of quarterly and annual close processes.

• Assist with Bermuda Statutory Financial Returns (BSFR), Economic Balance Sheet (EBS), Bermuda Solvency Capital Requirement (BSCR), and other regulatory and management reporting related to treasury, investments and capital management.

• Develop and maintain treasury policies, procedures, controls and reporting processes; manage audit requests, regulatory examinations and treasury-related inquiries.

• Identify opportunities for process improvement, automation and treasury transformation, and support Board and Audit Committee reporting related to treasury, investments and liquidity.

QUALIFICATIONS, SKILLS & EXPERIENCE

• Bachelor's degree in Accounting, Finance, Economics or a related discipline, together with a recognized professional accounting or treasury designation such as CPA, CA, ACCA, ACA, CFA, CTP or equivalent.

• Minimum 5 years of progressive treasury, accounting, finance, investment operations or financial reporting experience within the (re)insurance, banking, asset management or financial services industry.

• Strong understanding of treasury operations, cash management, liquidity forecasting and capital management, including banking relationships, payment processes, cash forecasting and treasury controls.

• Knowledge of investment accounting and experience supporting investment portfolios within insurance, reinsurance or financial services organizations.

• Familiarity with Bermuda regulatory requirements, including BMA reporting, EBS, BSCR and BSFR, is advantageous, together with an understanding of capital management, collateral arrangements and liquidity requirements applicable to (re)insurance.

• Advanced proficiency in Microsoft Excel, including financial modeling, cash flow forecasting, data analysis and reporting. Experience with Power Query, Power BI, treasury management systems, investment accounting platforms or similar tools is advantageous.

• Strong analytical, problem-solving, critical-thinking and communication skills, with exceptional attention to detail and the ability to work independently, collaborate across functions and interact effectively with senior management, banking partners, investment managers, auditors, regulators and external service providers.