Overview
This role involves leading reinsurance administration for the life and annuity business, ensuring accurate and effective administration of reinsurance arrangements. Responsibilities cover end-to-end administration, financial reporting, and execution of reinsurance activities, with an emphasis on operational excellence, strong controls, and audit-ready documentation.
The position is flexible and may be fully remote or hybrid. If located near an office (Charlotte, NC; New York, NY; Syracuse, NY), a hybrid schedule with 2–3 days on-site per week is expected.
Responsibilities
- Lead end-to-end administration of reinsurance treaties, including setup, interpretation, and ongoing maintenance
- Own and coordinate monthly, quarterly, and annual close activities related to reinsurance
- Review and validate settlement calculations, including revenue sharing, fee components, and ownership-based allocations
- Perform and oversee reconciliations between administrative systems, investment data, and general ledger outputs
- Investigate and resolve data discrepancies, variances, and breaks across multiple data sources
- Maintain and enhance SOX/MAR controls, including documentation and evidence supporting key processes
- Partner with Actuarial, Finance, Investments, and IT to ensure accurate data flows and reporting alignment
- Serve as a key contact for internal and external audits
- Support implementation and enhancement of reinsurance administration platforms
- Drive process standardization, automation, and efficiency initiatives
- Provide guidance and mentorship to junior team members
Requirements
- Bachelor’s degree in Accounting, Finance, or related field
- 8+ years of experience in insurance and/or accounting, reinsurance administration, or financial reporting
- Established knowledge of reinsurance structures
- Experience supporting financial close and reconciliation processes
- Proven understanding of reinsurance treaty mechanics and accounting implications
- Demonstrated ownership and execution mindset
- Experience with reconciliations and control frameworks
- Familiarity with subledger systems and large data environments
Preferred Qualifications
- CPA
- Driven analytical and detail-oriented approach
- Strong cross-functional collaboration skills
- Proactive problem-solving capabilities
- Experience with reinsurance administration systems (e.g., TAI)
- Exposure to Bermuda statutory reporting
- Experience working with external reinsurers and asset managers
- Knowledge of SOX and audit requirements
- Demonstrated functional ownership and subject matter expertise
- Experience driving execution and continuous improvement
- Ability to influence effectively in a matrixed organization
- Experience mentoring and developing team members
Compensation & Benefits
- Base salary range: $145,000 - $170,000 (actual base salary varies 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)
- Full benefits for eligible employees, including medical, dental, vision, a 401(k) plan, and paid time off
Location
- Primary location: UNITED STATES-NY-Syracuse
- Other locations: UNITED STATES-NY-New York, UNITED STATES-Remote, UNITED STATES-NC-Charlotte
Schedule
Full-time