Job Title

Job Description

The Role

We are seeking a highly motivated individual to join the Treasury team to carry out global treasury operations processes and support strategic projects. This role will report to the Treasury Manager within the PL Re FMT function.

This role will support the Treasury Manager in managing and overseeing activities related to the cash management and banking related services for PL Re Group Companies, domiciled in the UK and Bermuda.  This includes responsibility for managing cash positions and ensuring the availability of adequate funds to meet plans and obligations, while ensuring accurate and timely transmission of cash payments and receipts. Strategic Treasury Projects involve business readiness for unique transactions and advising best practices for treasury operations supporting on-going reinsurance treaties.

In addition, the role will support our back-office transformation Project which seeks to redesign and modernise global treasury processes.

Qualifications & Experience

• 3+ years of Treasury experience.
• High level of attention to detail, with the ability to deliver accurate, high‑quality work within agreed deadlines.
• Well‑organised and able to prioritise tasks effectively in an environment with competing deadlines and changing priorities.
• Proactive and adaptable, with the ability to operate effectively in a fast‑paced and evolving treasury or finance function.
• Comfortable working across multiple stakeholders, functions, and time zones, demonstrating professionalism and responsiveness.
• Strong written and verbal communication skills, with the ability to convey information in a clear, concise, and practical manner.
• Collaborative team player who builds and maintains effective working relationships across the organisation.
• Willingness to learn, develop, and take on increasing responsibility over time, with an openness to feedback and continuous improvement.
• Demonstrates a constructive mindset, with the confidence to question processes and suggest improvements in a professional and considered manner.

Key Responsibilities

• Execute domestic and cross‑border payments in line with approved processes, internal controls, and delegated authorities.
• Process multicurrency bank transactions accurately and on time, ensuring compliance with local regulatory and banking requirements.
• Maintain bank account signatory lists and support bank account administration activities.
• Support daily cash positioning across group entities, including monitoring balances and movements across bank accounts and currencies.
• Assist in the preparation of short‑term cash forecasts to support liquidity planning and operational funding requirements.
• Escalate potential cash shortfalls or timing issues to senior treasury team members in a timely manner.
• Prepare monthly bank reconciliations and investigate reconciling items, working with internal stakeholders to resolve discrepancies.
• Adhere to treasury policies, procedures, and internal control requirements in day‑to‑day activities.
• Support updates to treasury process documentation and control evidence as required.
• Assist with the preparation of regular treasury management information, including cash, liquidity, and banking metrics.
• Support month‑end and audit processes by providing required treasury data, reconciliations, and supporting documentation.
• Liaise with internal finance, tax, and operational teams to ensure smooth execution of treasury activities.
• Support the execution and settlement of foreign exchange transactions in accordance with approved processes and instructions
• Maintain accurate records of FX trades and settlements for reporting and audit purposes.
• Support with the end-to-end Company Credit Card process including administration of existing and new cards under the guidance of senior team members.
• Support treasury‑related projects and transformation initiatives under the guidance of senior team members.
• Undertake ad‑hoc treasury analysis and tasks as required to support the wider finance function.
• Maintain high standards of accuracy, documentation, and timeliness across all treasury activities.
  

Working For Pacific Life Re

Every person in our global team is valued for the unique qualities they bring to our business and we seek to build their expertise and support their individual ambitions at every step. Of course, we take our work seriously and we know our team can operate under great pressure. We work hard and thrive on achievement, but we also know how to have fun and relax too. We regularly host a range of team building days to strengthen our team's connection with each other and reflect on their successes.

Providing employees with a healthy work-life balance is very important to our culture. We have a wide range of employee benefits and we host regular social activities and well being initiatives. We are also committed to supporting our employee's involvement in their communities, by actively fundraising, hosting charity events and overseeing volunteering opportunities.

Benefits (Only for Permanent and Fixed Term Employees)

Leave

• 25 days of annual leave with option to buy/sell more days 

• Adoption and fertility leave 

• Generous enhanced parental leave 

Healthcare

• Comprehensive private insurance coverage for employee and dependents

• Group Life Insurance coverage of 9x basic annual salary and Group Income Protection up to 75% of basic annual salary 

• Optical benefits 

Savings & Retirement

• 15% combined employee/employer contributions 

Wellness

• Subsidized gym membership 

• Access to Employee Assistance Program 

• Cycle to Work and Electric Car Salary Sacrifice Scheme 

• Time off for volunteering 

• Charitable matching of employee donations 

You Can Be Who You Are

We are committed to a culture of diversity and inclusion that embraces the authenticity of all employees, partners and communities. We support all employees to thrive and achieve their fullest potential.

As part of our commitment to diversity and inclusion, we will provide reasonable adjustments during the recruitment process to ensure equal access to applicants with disabilities. Please contact us about your needs so that we can discuss these with you to make sure that suitable adjustments are made, where possible.

Pacific Life Re Values

Please click here to view our company values