Reinsurance Accounting Specialist

Overview

This role is responsible for executing and accounting for low- to medium-complexity reinsurance contracts within the Reinsurance Accounting team. The position supports financial reporting through journal entry preparation, account reconciliations, and close analyses, while ensuring compliance with internal SOX controls and regulatory requirements.

This is a remote position for US-based work only. Occasional travel to corporate headquarters in Mayfield Village, OH is required for meetings and/or training.

In addition to the minimum requirements for the role, the candidate must meet requirements to work in the General Ledger, including completion of Principles of Accounting I and II -or- Financial Accounting I and II.

Responsibilities

• Execute and account for low- to medium-complexity reinsurance contracts
• Support financial reporting through journal entry preparation, account reconciliations, and close analyses
• Monitor contract, accounting, and reporting changes to ensure compliance with internal SOX controls and regulatory requirements
• Work with large and complex data sets and investigate historical financial information from multiple sources to support accurate reporting and business decisions
• Collaborate with internal and external partners to research accounting and regulatory guidance
• Support auditor and examiner requests
• Contribute to process improvements that drive accurate, timely, and compliant financial reporting

Minimum Qualifications

• Bachelor’s degree or higher in Accounting or related field of study (e.g., Finance)
• Minimum of 2 years of accounting work experience

Preferred Qualifications

• Experience working with quota share and XOL (excess of loss) reinsurance contracts
• Experience using Workday, reinsurance systems (e.g., Prima XL), and SAP BusinessObjects
• Strong proficiency in Excel and SQL, with the ability to research, analyze, and interpret complex data
• Comprehensive knowledge of Schedule F and related reporting schedules

Compensation & Benefits

• $61,300 - $98,700/year
• Gainshare annual cash incentive payment up to 24% or 30% (depending on position level) of your eligible earnings based on company performance

Benefits include:

• 401(k) with dollar-for-dollar company match up to 6%
• Medical, dental & vision, including free preventative care
• Wellness & mental health programs
• Health care flexible spending accounts, health savings accounts, & life insurance
• Paid time off, including volunteer time off
• Paid & unpaid sick leave where applicable, as well as short & long-term disability
• Parental & family leave; military leave & pay
• Career development & tuition assistance
• Onsite gym & healthcare at large locations

Location

• Remote position for US-based work only
• Occasional travel to corporate headquarters in Mayfield Village, OH for meetings and/or training

Work Authorization

Applicants must be authorized to work for any employer in the U.S. without the need or potential need, of current or future sponsorship for employment. Candidates with (e.g., F-1 CPT, OPT, or STEM OPT, H-1B, O-1, E-3, TN) statuses for this role are not hired.