Reinsurance Accountant

Role Overview

• Prepare ceded and/or assumed reinsurance journal entries, reconciliations, and supporting schedules for monthly, quarterly, and annual closings.
• Assist with the preparation of reinsurance-related financial statement disclosures, statutory schedules, and management reports.
• Prepare reinsurance results and analyze variances, providing insights and explanations to team members.
• Review treaty terms and documentation to understand accounting treatment (i.e., GAAP, statutory accounting principles).
• Collaborate with business partners across actuarial, underwriting, claims, and finance to resolve discrepancies and ensure data integrity.
• Support cash settlement processes, including billing, collections, and reconciliations of reinsurance receivables and payables.

Requirements

• Bachelor’s degree in Accounting or Finance required
• Certified Public Accountant (CPA) or progress toward certification preferred
• 1
• 3 years of reinsurance or insurance accounting experience
• Principle understanding of GAAP and statutory accounting principles
• Analytical and problem-solving skills with attention to accuracy and detail
• Strong proficiency in Microsoft Excel (pivot tables, VLOOKUP, complex formulas)
• Experience with financial systems or reinsurance subledgers desirable.

Benefits

• Annual incentive compensation
• Medical, dental, vision & life insurance
• Accident, critical Illness & short-term disability insurance
• Retirement plans with employer contributions
• Generous time-off program
• Programs designed to support the employee well-being and financial security.