LD
Leonardo DRSSenior Accountant
Senior Accountant at Leonardo DRS responsible for general ledger journal entries and various accounting tasks. Collaborating with Finance team to support month - end closing and financial reporting.
About the role
- Perform all aspects of treaty assumed accounting of assigned brokers including thorough account analysis of complex reinsurance contracts
- Participate in the preparation of monthly closing reports and quarterly underwriting results
- Lead or assist with special projects, system enhancements, testing, and ad-hoc reporting requests
- Analyze & process complex monthly/quarterly treaty reinsurance accounts
- Reconcile broker invoices and prepare cash disbursements
- Review premium & loss bordereaux to ensure compliance with treaty terms & to identify catastrophe or large loss activity
- Document and resolve account or cash issues
- Confirm and process adjustable features on contingent and sliding scale commissions as well as retrospectively rated premium adjustments
- Prepare and update pro-rata claims automatic upload template
- Analyze and process retro QS accounts
- Employ process improvements and efficiencies to facilitate execution and analysis
- Ensure effective SOX controls are maintained and followed
- Assist in the preparation of Assumed & Ceded Schedule F
Requirements
- Bachelor’s degree in Accounting required; MBA or professional certifications (CPCU) a plus
- 5+ years of experience in assumed or ceded reinsurance accounting, with a focus on property & casualty
- In-depth knowledge of treaty reinsurance accounting concepts
- Microsoft Excel – proficient in pivot table & v-lookup functionality
- Snowflake – Query creation a plus
Benefits
- multiple medical plans plus dental, vision and prescription drug coverage
- a competitive 401k with generous matching
- PTO beginning at 20 days per year
- up to 12 paid company holidays per year plus 2 paid days of Volunteer Time Offer
- basic Life and AD&D Insurance as well as Short and Long-Term Disability
- Paid Parental Leave of up to 10 weeks
- Student Loan Assistance and Tuition Reimbursement
- Backup Child and Elder Care
- and more.
Job title
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