Senior Reinsurance Accountant performing all aspects of treaty assumed accounting in the reinsurance industry. Required experience in reinsurance accounting with strong excel skills and a relevant accounting degree.
Responsibilities
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
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