Michelle Brown

Experience

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  Ecclesiastical Insurance

  Sept 2000 - Aug 2005

  Senior Financial Accountant

  • Preparation of the company’s entire financial statements on a monthly basis. • Preparation of Property and Casualty (P&C2) reports on a quarterly and annual basis• Completion of the Test of Adequacy on a monthly basis• Reconciliation of reinsurance accounts and collection of outstanding balances• Provision of variance analysis of expense and balance sheet accounts versus budget.• Preparation of expense budgeting and forecasting• Supervision and training of the Financial Accountant • Preparation of audit working papers at yearend for the audit team Show less

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  SCOR

  Aug 2005 - May 2007

  Senior Reinsurance Accountant

  • Provision of control, analysis, processing and recording of Treaty accounts into Omega (In-house reinsurance system) for direct client and broker accounts as per the terms of the contract• Inputting and processing, billing and settlements of accounts for Retrocessionnaires• Performance of premium and commission adjustments• Preparation of Facultative reconciliations on monthly basis and resolve differences.• Preparation of working papers for premiums, commissions and claims for Property and Casualty (P&C2) on a quarterly and annual basis. Show less

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  AIG

  May 2007 - Mar 2008

  Intermediate Accountant

  • Preparation of general ledger reconciliations, aging component items and follow-up for timely clearance of outstanding reconciling items with applicable departments.• Preparation and posting monthly journal entries with detailed cross-referencing and maintenance of general ledger including quarterly conversion process.• Preparation of detailed working papers and supporting schedules for annual reporting to OSFI• Preparation of monthly testing to ensure computer interfaces to SAP is performing accurately.• Preparation of Stats Canada and other ad-hoc reports for internal or external sources as required. Show less

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  Arch Insurance Group

  Mar 2008 - now

  Assistant Accounting Manager

  • Maintenance of reinsurance accounts and collection of letters of credit or trust funds from reinsurers.• Collection of facultative claims recoveries, as well reconciling, aging and following up on overdue items.• Preparation of Facultative premium reconciliations on a monthly basis and resolving discrepancies via direct communication with underwriters and/or clients.• Preparation and reconciliation of the claims sub-ledger to the general ledger.• Development of various reports for budgeting and expense analysis using COGNOS• Provision of various training and work process documentation to coworkers and new employees• Preparation of detailed working papers and supporting schedules relating to reinsurance and claims for annual and quarterly reporting to OSFI• Provision of analysis on reinsurance and claims values on a quarterly basis• Collaboration with the Director to ensure compliance on financial reporting requirements.• Reconciliation and analysis of various General Ledger Accounts.• Provision of clarification and working papers to internal and external auditors.• Review of journals and wire payments for completeness and accuracy. Show less