Reinsurance Accountant (HYBRID or REMOTE)

Overview

The organization is seeking a Reinsurance Accountant to support analysis and execution of complex reinsurance initiatives, including impact analysis, current and future state process flows, and assumed and ceded reinsurance strategies and functions. This role also includes implementation and testing of reinsurance-related processes.

Responsibilities

• Perform daily reinsurance accounting activities, including transaction recording, reconciliation, and ledger maintenance.
• Interpret and operationalize complex reinsurance contracts in accordance with applicable accounting standards.
• Establish and uphold internal policies and procedures for reinsurance financial operations.
• Ensure timely issuance of billing statements and collections from reinsurers.
• Identify trends and variances through financial data review; advise leadership on potential improvements.
• Complete routine account reconciliations and resolve discrepancies.
• Maintain strict adherence to accounting standards, regulatory requirements, and internal control procedures.
• Support internal and external audits by providing required documentation and insights.
• Use business process design tools (e.g., process maps and flow charts) to clarify reinsurance problems, goals, and requirements to relevant reinsurance stakeholders.
• Provide subject matter expertise to support enterprise strategy for reinsurance data.
• Support an agile project management framework to prioritize and pace projects with a cross-functional team.
• Monitor client accounts/statistics using internal reports, conduct data analysis, and support stakeholders with reports and statistics.
• Prepare and support financial reporting using US GAAP/US STAT/Bermuda STAT and Schedule S, etc.

What You’ll Be Doing (Additional Notes)

• This position includes responsibilities related to monitoring client accounts/statistics and performing data analysis; this work supports stakeholder reporting with internal reporting.

Requirements

• Bachelor’s degree in accounting, Finance or a related discipline.
• 5+ years experience in reinsurance accounting, claims and reporting within the insurance industry, ideally in the Life and Annuities.
• Established technical knowledge of reinsurance arrangements, accounting principles, and regulatory frameworks.
• Proven knowledge working with Microsoft Excel and financial systems; experience with reinsurance tools (e.g., RMS, AIR) is an advantage.
• Demonstrated analytical skills, attention to detail, and ability to manage complex datasets.
• Effective communication and interpersonal skills for collaboration with internal and external stakeholders.
• Ability to thrive in a dynamic, deadline-driven environment.
• Proactively seeks advice for new issues and suggests solutions.

Preferred Qualifications

• CPA, industry designation (i.e., ALMI, FMLI) or equivalent certification.
• Business Objects, Analysis for Office, Power BI, and Tableau.

Skills

• Accounting: Knowledge of accounting methods, processes, and tools; ability to maintain and prepare financial statements and reports.
• Cross-functional Collaboration: Ability to work across functions and promote continuous improvement.
• Decision Making and Critical Thinking: Ability to analyze situations and reach productive decisions based on informed judgment.
• Financial and Accounting Systems: Ability to use financial and accounting applications specific to the organization.
• General Ledger (GL): Ability to update and validate general ledger data.
• Generally Accepted Accounting Principles (GAAP): Ability to apply GAAP appropriately.
• Knowledge of Reinsurance: Ability to implement reinsurance practices following all standards, applicable laws, and regulations.
• Operational Functions: Ability to apply knowledge of operating requirements to diverse situations.
• Problem Solving: Ability to recognize, anticipate, and resolve organizational, operational, or process problems.

Compensation & Benefits

• Base salary range: $80,000–$125,000. Actual base salaries vary based on skills, experience, and geographical location.
• In addition to base pay, compensation may include base salary increases, spot bonuses, and short-term incentive compensation opportunities (eligibility depends on level and functional area of responsibility).
• Benefits (for eligible employees) include medical, dental, vision, a 401(k) plan, and paid time off.

Location & Schedule

• Schedule: Full-time.
• Primary location: UNITED STATES-NY-Syracuse.
• Other locations: UNITED STATES-NY-New York, UNITED STATES-Remote, UNITED STATES-NC-Charlotte.
• Work model: Flexible schedule; may be fully remote or hybrid. If located near an office (e.g., Charlotte, NC; New York, NY; Syracuse, NY), a hybrid schedule with 2–3 days on-site per week is expected.

Equal Employment Opportunity / Additional Notes

• The organization participates in the E-Verify program.
• Reasonable accommodations may be available for applicants and employees as needed to participate in the application/interview process or perform essential job functions.