This is a fully remote position, open to applicants in United States.

📋 Description

• Take ownership of the comprehensive accounting for both assumed and ceded reinsurance transactions related to two Ledgebrook carrier entities, encompassing premiums, losses, commissions, reinstatement premiums, profit commissions, and associated entries.

• Oversee reinsurance balances, including funds withheld, premiums payable/receivable, and loss recoverables.

• Enhance the production and reconciliation processes of reinsurance statements, bordereaux, and settlements by developing automated workflows and utilizing AI tools.

• Assist with the current expected credit loss (CECL) analysis pertaining to reinsurance accounts.

• Generate statutory reporting, including Schedule F, and aid in fulfilling audit requests.

• Ensure that processes adhere to company policies and regulatory standards while remaining up-to-date with accounting guidelines for intricate reinsurance structures.

• Report directly to the Group Controller and collaborate closely with the Finance Team and Ledgebrook Re Team.

⛳️ Requirements

• A Bachelor’s degree in accounting, finance, or a related discipline is required.

• A minimum of 5-7 years of experience in reinsurance accounting, with a thorough understanding of reinsurance principles, accounting standards, and regulatory requirements.

• Familiarity with accounting software.

• Proficient in Microsoft Excel.

• Experience in utilizing AI tools to enhance or automate financial processes.

• Strong analytical, problem-solving, and organizational skills, with a keen attention to detail.

• Capability to manage multiple tasks, prioritize effectively, and work independently within a collaborative and fast-paced environment.