Overview
The organization is seeking a Staff Accountant to join its reinsurance accounting team. This role supports the growth-focused reinsurance division by ensuring accurate accounting and administration of reinsurance agreements. The position collaborates with reinsurer staff, clients, finance staff, auditors, and internal teams to execute reinsurance transactions properly and support financial reporting through accurate data and stakeholder communications.
Responsibilities
- Record daily deposits and reconcile entries for reinsurance activity, ensuring accuracy and compliance with treaty terms.
- Maintain spreadsheets tracking deposits, claims fund tracking, and financial reporting.
- Perform timely and accurate recording, reporting, and matching of billings in accordance with reinsurance agreements.
- Identify and resolve reconciliation issues related to reinsurance activities, coordinating corrective actions as needed.
- Manage client, reinsurer, and internal stakeholder communications, including collaboration with claims, actuarial, and finance departments.
- Support audits by preparing relevant financial documentation and responding to audit queries.
- Assist the Reinsurance Accounting Supervisor with process improvement initiatives to enhance efficiency and accuracy of reinsurance accounting operations.
- Back up the Accounting (senior) for payables and month-end processing when needed.
Requirements
- Bachelor’s degree in accounting or a related field.
- Minimum of 5 years of relevant accounting experience, preferably within the insurance or reinsurance industry.
- Strong proficiency in Excel and experience using accounting software.
- Proven ability to manage multiple projects simultaneously in a deadline-driven environment.
- Excellent communication and interpersonal skills, with the ability to build and maintain relationships with clients, reinsurers, and internal stakeholders.
- Strong organizational and time-management skills with a keen attention to detail.
- Ability to work independently and as part of a team in a fast-paced, dynamic environment.
- Self-starter with a professional, assertive approach to problem-solving.
Compensation & Benefits
Pay Range: $65,000 - $65,000 Annual
Benefits may include:
- Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
- Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
- Mental Health & Wellness: Free Mental Health & Enhanced Advocacy Services
- Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts (and more)
Note: Not all benefits are reflected here. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Offerings may vary for subsidiary entities or specific geographic locations.
Location
Location not specified in the provided job description.