Manager, Reinsurance Accounting

Overview

This role assists in overseeing a team responsible for delivering timely and accurate financial information related to complex affiliate and external reinsurance treaties. Responsibilities include reviewing reinsurance settlement calculations and managing the monthly/quarterly close for reinsurance to ensure timely and accurate close for GAAP, U.S. Statutory, and Bermuda Statutory. The manager will also identify, recommend, and develop process improvements, with an emphasis on standardization, collaboration, and innovation.

Responsibilities

• Lead efforts with a team of professionals to complete monthly and quarter reinsurance accounting closes on time and accurately.
• Review reinsurance cession calculations and settlements.
• Coordinate and review financial statement disclosures and regulatory filing submissions.
• Assist in explaining monthly/quarterly reinsurance results to stakeholders.
• Support implementation of accounting for new reinsurance deals or reinsurance related transactions.
• Maintain an effective control environment, including control and process documentation, and coordinate internal and external audits.
• Continuously assess existing processes to identify, recommend, and develop process improvements and standardization.
• Participate in special projects and ad hoc requests.
• Collaborate with Business unit CFOs, CAO, investments, actuarial, strategic planning, accounting policy, and auditors.

Requirements

• Minimum of 5 years of experience in the insurance industry, including hands-on experience with complex reinsurance treaties.
• Strong analytical abilities and practical problem-solving skills.
• Excellent organizational skills and keen attention to detail.
• Experience in successful process improvements and automations.
• Ability to collaborate and interact effectively with all levels of staff.
• Ability to multitask across a variety of systems and processes.
• Adaptability to organizational changes and willingness to take on new responsibilities and assignments.
• Familiarity with financial systems is preferred, particularly SAP and BPC.
• Proficiency in data tools, including Excel, Word, PowerBI, and Alteryx.

Compensation & Benefits

The employer offers a competitive total compensation package and comprehensive benefits, including:

• Health and Wellness: Medical, dental, and vision insurance plans, mental health support, and wellness initiatives.
• Retirement Savings: Retirement benefits options vary by location. In the U.S., a 401(k) Plan offers a dollar-for-dollar company matching contribution of up to 6% of eligible pay and a company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources.
• Matching Charitable Donations: 1:1 match up to $5,000 to tax-exempt organizations.
• Volunteer Time Off: Up to 16 volunteer hours annually.
• Paid Time Off: At least 24 PTO days for eligible employees.

Participation in employer-sponsored benefit plans and company programs is subject to applicable law, governing plan documents, and company policy.

Location

• Hybrid work is available if based in one of the hub offices: Houston, TX, Jersey City, NJ, or Woodland Hills, CA.
• Full remote candidates may be considered outside of these areas.

Additional Information

• Estimated Travel Percentage: No Travel
• Relocation Provided: No

Equal Opportunity Employer

The employer is an Equal Opportunity Employer and complies with applicable federal, state, and local fair employment laws. All applicants are considered based on job-related qualifications without regard to protected characteristics.

Reasonable accommodations will be provided to applicants and employees with disabilities or religious beliefs, consistent with applicable law.

Applicants with criminal histories will be considered consistent with applicable law.