Senior Manager, Reinsurance Accounting at MGT Insurance, overseeing reinsurance accounting and integrating systems. Collaborating with Finance and data science to ensure accurate reporting and process improvements.
Responsibilities
Direct all aspects of ceded and assumed reinsurance accounting, including treaty and facultative processing, recoverables, payables, settlements, and Schedule F reporting.
Manage reinsurance accounting operations in EAS and NetSuite general ledgers; oversee journal entries, reconciliations, roll-forwards, and reporting both externally to our reinsurance partners and internally to ensure accuracy and completeness.
Oversee use of reinsurance accounting software for bordereaux, statement reconciliations, and recoverable tracking; partner with Tech to optimize integrations with the GL.
Drive an efficient, accurate monthly/quarterly close process; review reconciliations and journal entries.
Support GAAP and statutory financial reporting, including NAIC filings; serve as a primary contact for auditors and reinsurers.
Foster a culture of accountability, collaboration, and continuous improvement.
Lead initiatives to automate and streamline reinsurance workflows, enhance data integrity, and strengthen internal controls.
Requirements
8–12+ years of progressive accounting experience in commercial P&C insurance/reinsurance, with at least 3–5 years in a management role.
Deep knowledge of reinsurance accounting (treaty & facultative, ceded & assumed).
Hands-on EAS general ledger experience.
Strong proficiency with reinsurance accounting software (e.g., Sapiens, SICS, SAP-FS-RI, or similar).
Solid grasp of GAAP and statutory/NAIC reporting requirements.
Demonstrated ability to lead teams, build processes, and partner effectively across Underwriting, and FP&A.
Strong problem-solving ability, attention to detail, and excellent written and verbal communication.
Entrepreneurial, process-improvement focused, and energized by building at scale.
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