Reinsurance Accountant


Boston
Permanent
USD100000 - USD125000
Finance and Accounting
PR/556628_1755003589
Reinsurance Accountant

Our client, a top global life insurance firm, is seeking a Reinsurance Accountant who will be responsible for accurate and timely processing of reinsurance transactions, reconciliations, and reporting. The ideal candidate will have strong analytical skills, attention to detail, and a solid understanding of insurance and reinsurance accounting principles.

Key Responsibilities:

  • Prepare and reconcile reinsurance statements and bordereaux.
  • Assist in month-end and quarter-end close processes, including journal entries and account reconciliations.
  • Monitor and follow up on outstanding balances with brokers and reinsurers.
  • Support internal and external audits by providing documentation and explanations as needed.
  • Collaborate with underwriting, claims, and finance teams to ensure accurate data flow and reporting.
  • Assist in the preparation of regulatory and management reports related to reinsurance.

Qualifications:

  • Bachelor's degree in Accounting, Finance, or related field.
  • 3-5 years of experience in insurance or reinsurance accounting preferred.
  • Strong understanding of STAT and reinsurance principles.
  • Proficiency in Microsoft Excel and accounting software (e.g., SAP, Oracle, or similar).
  • Excellent organizational and communication skills.
  • Ability to work independently and as part of a team in a fast-paced environment.
  • Detail-oriented with strong analytical and problem-solving abilities.

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