Onsite Accountant III, Reinsurance

Posted 7 hours ago

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About the role

  • Reinsurance Accountant executing financial controlling activities within AIG’s Reinsurance team. Responsible for processing reinsurance programs and supporting inquiries while ensuring timely financial reporting.

Responsibilities

  • Process excess of loss and quota share cessions reinsurance programs across multiple lines of business
  • Perform allocations of deposit premiums on excess of loss contracts at a detailed code block level
  • Create journal entries on a monthly basis
  • Coordinate with Reinsurance Collections on settlements and cash application
  • Support responses to reinsurer inquiries by performing research and analysis
  • Monthly processing of assumed reinsurance programs based on SOA

Requirements

  • Bachelor’s degree in accounting required, CPA preferred
  • Minimum of 3 years accounting and/or financial reporting experience, with knowledge of reinsurance
  • Working knowledge of reinsurance operations, including underwriting, claims, accounting, finance and associated process, controls and systems
  • Insurance-technical accounting expertise
  • Experienced in collaborating with onshore and offshore management and staff resources
  • Strong interpersonal skills and ability to communicate and collaborate effectively
  • Systems-technical acumen

Benefits

  • Competitive benefits package
  • Health, wellbeing, and financial security benefits
  • Professional development opportunities
  • Total Rewards Program

Job title

Accountant III, Reinsurance

Job type

Experience level

Mid levelSenior

Salary

$81,000 - $102,000 per year

Degree requirement

Bachelor's Degree

Location requirements

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