Senior Accountant, Reinsurance
Overview
A financial services organization is seeking a Senior Reinsurance Accountant to join their Reinsurance Finance team. This role is responsible for reinsurance administration, accounting, and reporting, providing visibility across finance and opportunities to collaborate with internal teams and external reinsurers.
Responsibilities
- Administer reinsurance agreements, including preparing and compiling settlements using administrative systems and ledger data.
- Analyze reinsurance results and record reinsurance activities.
- Contribute to financial close cycles by reviewing and analyzing reinsurance operating results.
- Participate in onboarding new reinsurance treaties by reviewing draft agreements, creating reports, partnering with internal teams to finalize accounting conclusions, and operationalizing agreements.
- Maintain and configure new agreements in the reinsurance system.
- Interact with reinsurers and third-party administrators to ensure report quality, accuracy, and completeness.
- Deliver clear and concise summaries of analysis tailored to different audiences.
- Participate in internal and external audit testing.
- Ensure compliance with SOX and audit standards in reinsurance processes, accounting, and reporting activities, maintaining effective controls and efficient operations.
- Identify, design, and implement process improvements using technical expertise.
- Support team members, including reviewing work performed offshore.
- Manage multiple competing priorities under tight deadlines.
- Work with large, complex Excel files and translate data into meaningful analysis.
Requirements
- Bachelor’s degree in finance or accounting; CPA preferred.
- Minimum of 4 years of experience in reinsurance analysis, financial reporting, and accounting.
- Strong understanding of accounting principles and financial reporting.
- Experience working with administrative systems and ledger data.
- Proficiency in Microsoft Excel.
- Working knowledge of AI tools used to support financial analysis, reporting, and productivity (e.g., Microsoft Copilot or similar AI-driven platforms).
Preferred Qualifications
- Knowledge of GAAP and Statutory reporting.
- Strong analytical skills with attention to detail and ability to work independently.
- Ability to balance quantitative and qualitative analysis.
- Excellent oral and written communication skills.
- Familiarity with Oracle or other complex ERP financial systems and Excel-based financial reporting tools (e.g., Oracle Smart View or equivalent EPM/ERP add-ins).
- Experience with Oracle Fusion Data Intelligence (FDI) or similar financial analytics platforms.
Compensation & Benefits
- Annual base salary range: $78,990 - $98,740 USD.
- Incentive opportunities including annual cash incentives, sales incentives, and/or long-term incentives based on role and performance.
- Health, dental, vision, and life insurance plans.
- 401(k) savings plan with company matching contributions up to 6%.
- Employer-paid cash balance retirement plan (4%).
- Tuition reimbursement up to $5,250 per year.
- Paid time off including 20 days PTO, nine paid company holidays, and a flexible Diversity Celebration Day.
- Paid volunteer time: 40 hours per calendar year.
Location
This position is open to candidates working within the specified salary range locations. Actual compensation may vary based on geographic location, experience, education, licensure, and skill level. Salaries for part-time roles will be prorated based on agreed hours.
Equal Employment Opportunity
The employer provides equal opportunity to qualified individuals regardless of race, color, sex, national origin, citizenship status, religion, age, disability, veteran status, creed, marital status, sexual orientation, gender identity, genetic information, or any other status protected by law.
Reasonable Accommodations
Reasonable accommodations are available for qualified individuals with disabilities to participate in the application process, perform essential job functions, and receive employment benefits.