Reinsurance Accountant

Overview

This Captive Reinsurance Accountant role provides key support in the evaluation and management of reinsurance contracts, claims, and relationships with reinsurers. The position helps ensure compliance with internal policies, supports accurate and efficient claim settlement, and enables effective communication and collaboration with reinsurers. The role also contributes to the preparation of reinsurance reports and analysis to support informed decision-making.

Responsibilities

• Prepare technical and financial accounting for premium, claims, and reserves using statement of accounts and/or bordereaux.
• Review and analyze reinsurance contracts to ensure adherence to internal policies and guidelines.
• Manage processing and settlement of reinsurance claims, ensuring accuracy and efficiency.
• Generate reinsurance reports and perform related analysis to support organizational decision-making.
• Advise internal stakeholders on statutory and reinsurance accounting expertise and provide guidance.
• Develop and maintain effective working relationships with reinsurers.
• Drive continuous process improvement and standardization by identifying process improvement opportunities and inefficiencies.
• Participate in relevant training to stay current on systems, processes, and changes.
• Collaborate with Captive Account Executives to develop, maintain, and update SOPs and training guides for the role and associated processes.
• Perform other duties and special projects as requested.

Requirements

• Bachelor’s degree, preferably in Accounting or Finance.
• Minimum of 3 years of experience in reinsurance accounting, insurance, or a similar financial area.
• Proficiency in MS Office, primarily Excel, Outlook, and Teams.
• Ability to build and maintain internal and external (carrier) relationships.
• Strong attention to detail and a focus on metrics.
• Strong interpersonal, written, and verbal communication skills; fluent in English.
• Self-motivated with the ability to work in a fast-paced environment.
• Ability and willingness to travel by car or airplane for meetings, conferences, or other business-related functions.

Preferred Qualifications

• None specified.

Compensation & Benefits

• Not specified.

Location

• Not specified.