Director, Reinsurance Accounting

Role Overview

• Provide strategic direction and oversight for all reinsurance accounting functions, including premiums, losses, commissions, and related financial reporting.
• Lead and develop a high-performing reinsurance accounting team, fostering professional growth, accountability, and collaboration.
• Drive the implementation of best practices and standardized processes across reinsurance accounting to enhance accuracy, efficiency, and internal control.
• Partner with Finance leadership to align reinsurance accounting initiatives with enterprise objectives, ensuring consistent communication of financial results and impacts.
• Oversee the preparation, review, and analysis of reinsurance financial reports under both GAAP and statutory accounting frameworks.
• Interpret complex treaty agreements to ensure proper accounting and administrative treatment.
• Communicate financial implications of reinsurance structures and transactions to executive management and key stakeholders.
• Ensure timely and accurate completion of monthly, quarterly, and annual reinsurance close processes, including settlements, reconciliations, and reporting.
• Support the development and maintenance of accounting policies and procedures related to reinsurance, ensuring compliance with internal controls and Sarbanes-Oxley (SOX) requirements.
• Oversee coordination of internal and external audits related to reinsurance accounting.
• Collaborate closely with Actuarial, Underwriting, Claims, Legal, and Technology teams to ensure accurate integration of treaty terms into financial systems and reporting processes.
• Partner with the Finance Systems and Data teams to identify and implement tools or automation that improve the accuracy and efficiency of reinsurance accounting processes.
• Maintain a proactive understanding of emerging accounting standards, industry regulations, and reinsurance market trends; assess their impact on financial reporting and business operations.
• Lead or participate in enterprise-level modernization and transformation initiatives, including the implementation of reinsurance accounting systems and enhancements to reporting tools.
• Identify and drive opportunities for process improvement, automation, and data standardization across reinsurance accounting.
• Develop and monitor metrics to evaluate the quality, efficiency, and timeliness of reinsurance accounting deliverables.

Requirements

• Bachelor’s degree in Accounting or Finance required
• Certified Public Accountant (CPA) strongly preferred
• 10+ years of reinsurance accounting experience, including GAAP and statutory reporting
• 8+ years of progressive leadership experience managing teams within a financial or insurance organization
• Deep understanding of property and casualty reinsurance structures, treaty accounting, and regulatory compliance
• Proven experience leading complex reinsurance accounting operations, including systems implementations or process transformation initiatives
• Proficiency in data and reporting tools (e.g., Excel, Power BI, Alteryx) and experience with reinsurance subledger or ERP systems.
• Must be fluent in English.

Tech Stack

• ERP

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.