US Crdt Control & Treasury Ops Manager

Location: New York
US Crdt Control & Treasury Ops Manager page is loaded## US Crdt Control & Treasury Ops Manager locations:
NY - 1140 Avenue of Americas, New Yorktime type:
Full time posted on:
Posted Todayjob requisition :
We’re thrilled that you are interested in joining us here at the Amynta Group!

Refer to the job description below
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* JOB TITLE:

** Manager, Financial Operations
** DEPARTMENT:
** Finance
- Ambridge
** JOB HOLDER:
** TBD
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* REPORTS TO:

** Ambridge US Head of Financial Operations
** Purpose of the Job:
** The role requires a detail oriented, driven leader with proven experience in a P&C insurance carrier or MGU/MGA environment with hands-on knowledge of specialty insurance and reinsurance products and related credit control, bordereau processing and related cash management activities. Will be the primary responsible position for overseeing financial control and process optimization efforts in all assigned financial operations areas. Position will be business partner Ambridge Senior Finance Director in respect of financial operations, processes, and controls;
Ambridge Legal in respect of delegated authority operations, claims funding & processing, third party administration reporting & funding;
Ambridge Operations in respect of system implementation and other process optimization opportunities. The individual will assist Ambridge finance in critical key projects affecting Ambridge finance and alignment with Ambridge and Amynta initiatives.

They will need to display excellent analytical skills with the ability to go beyond the numbers and understand key business and performance drivers, balance the need to work collaboratively with all colleagues and manage certain resources and projects not directly under their control in a diplomatic and collegial manner.

Individual will need to have the aptitude to evaluate requirements, clearly design and frame outputs, identify “root cause: issues and direct remediation or enhancement efforts as required.
** Budget and Headcount Information:
*** Ambridge Financial operations staff and resources
* To assist in the recruitment of new team members in conjunction with HR and the Ambridge financial leadership team.
* To lead and motivate team members providing support and guidance for their overall development.
** Regulatory Conduct Rules
** Act with integrity.

Act with due skill, care and  open and co-operative with all regulators.

Pay due regard to the interests of customers and treat them professionally.

Observe proper standards of market conduct.
** Principal Accountabilities:**-     Manage all assigned areas of Ambridge financial operations including but not limited to technical accounting, disbursements, credit control and controls.
* Liaise directly with Ambridge finance managers and Amynta colleagues on process optimization, assist with efforts on financial control design, execution and implementation.
* Manage the written premium booked to the (P&L) and premium signed (balance sheet) bordereau processed to capacity partners delivering reporting accuracy for analysis and trends.
* Manage our offshore and onshore teams who create premium invoices as well as match cash that is applied to open invoices in our underwriting system.
* Prepare flux analysis explanations on material items related to the Transactional P&L and balance sheet.
* Liaise with internal departments (operations, underwriting, claims) to resolve premium related billing/collection discrepancies.
* Monthly review of the aged receivable items on the balance sheet which is provided to management.
* Ensure Ambridge financial, legal and corporate operations strive for and optimally support the Amynta financial reporting process in a well-controlled and efficient manner.
* Assist with the development and implementation of Ambridge credit control area leveraging existing technology and skills and establishing and maintaining positive and proactive relationships with product teams, brokers and internal colleagues, as required.
* Oversee assigned staff and provide review and control over credit control reporting, AR aging, unapplied cash and oversee and assist with the development of necessary reporting, communication, and follow-up activities with product teams.
* Work collaboratively with Ambridge COO and operations team on the development and/or refinement enhancement of operational reporting as it relates to premium, claims, reinsurance products, delegated authority and related operational information, including how best to support new programs/projects, and structures.
* Provide oversight of key technical accounting areas in reinsurance accounting and credit control, insurance credit control, delegated authority operations, and claims operations, inclusive of funding requirements.
* Assist Claims operations with claims payment and related systems and work with staff to ensure appropriate controls are efficient and effective and document in accordance with local and Amynta requirements.
* Assist with Amynta financial controls teams to align…