Senior Reinsurance Accountant

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

📋 Description

• Prepare and oversee the preparation of ceded and assumed reinsurance journal entries, reconciliations, and accompanying schedules for monthly, quarterly, and annual closings

• Assist in the creation of reinsurance-related financial statement disclosures, statutory schedules, and management reports

• Analyze reinsurance outcomes and variances, delivering insights and explanations to management

• Review treaty agreements and documentation to guarantee appropriate accounting treatment under GAAP and statutory accounting principles

• Collaborate with actuarial, underwriting, claims, and finance teams to address discrepancies and ensure data integrity

• Support cash settlement processes, including billing, collections, and reconciliations of reinsurance receivables and payables

• Maintain documentation compliant with SOX and adhere to internal control requirements

• Assist with audit requests, including internal controls and testing evidence

• Engage in process improvement, reporting standardization, and data-flow automation initiatives

• Mentor team members by imparting knowledge on reinsurance accounting and reporting best practices

• Support system enhancements and testing for reinsurance accounting and financial reporting applications

• Contribute to Finance transformation initiatives aimed at modernizing systems and standardizing financial processes

⛳️ Requirements

• A Bachelor’s degree in accounting or finance is required

• Certified Public Accountant (CPA) or progress toward certification is preferred

• 3–6 years of experience in reinsurance or insurance accounting

• Previous experience in property and casualty insurance is preferred

• Strong knowledge of GAAP and statutory principles

• Excellent analytical and problem-solving skills with a focus on accuracy and detail

• Proficiency in Microsoft Excel

• Experience with financial systems or reinsurance subledgers is desirable

• Outstanding communication and collaboration abilities across cross-functional teams

• Capability to manage multiple priorities, meet deadlines, and work effectively in a dynamic setting

• Infrequent travel, as necessary

🏝️ Benefits

• Annual incentive compensation

• Medical, dental, vision & life insurance

• Accident, critical illness & short-term disability insurance

• Retirement plans with employer contributions

• Generous time-off program

• Programs designed to support employee well-being and financial security