Accounting Manager responsible for billing and contract management at Niyam IT. Joining a technology company focused on smart, innovative solutions across various sectors.
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Hybrid Senior Manager, Reinsurance Accounting
Posted 2 months ago
About the role
- 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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