Reinsurance Accountant (HYBRID or REMOTE)

Overview

This position involves reinsurance accounting and analysis across complex reinsurance initiatives, including impact analysis and current/future state process flows. The role supports assumed and ceded reinsurance strategies and functions, including implementation and testing.

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 and advise leadership on potential improvements.
• Conduct 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 documentation and insights.
• Apply knowledge of contract provisions, reinsurance concepts and principles, and general business trends.
• Use business process design tools (e.g., process maps and flow charts) to clarify reinsurance problems, goals, and requirements to 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 and statistics using internal reports; perform data analysis and support stakeholders with reports and statistics.
• Support financial reporting under US GAAP/US STAT/Bermuda STAT, including Schedule S.

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 and attention to detail; ability to manage complex datasets.
• Effective communication and interpersonal skills for team leadership and 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.

Compensation & Benefits

• Base salary range: $80,000–$125,000. Actual base salaries vary based on skills, experience, and geographical location.
• Additional 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

• Full-time schedule.
• Primary location: UNITED STATES-NY-Syracuse.
• Other locations: UNITED STATES-NY-New York, UNITED STATES-Remote, UNITED STATES-NC-Charlotte.
• Work 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.