Reinsurance Specialist
Reinsurance Accounting Specialist
About the Opportunity
Our client is a well-established insurance organization is seeking a Reinsurance Accounting Specialist to join its finance team. This position will play a key role in supporting reinsurance accounting, financial reporting, regulatory compliance, and audit activities. The ideal candidate will have a strong understanding of insurance accounting principles, reinsurance transactions, and financial reporting requirements within a complex and fast-paced environment.
Key Responsibilities
- Prepare and record reinsurance-related accounting transactions, including premiums, losses, commissions, and settlements.
- Perform account reconciliations, journal entries, and financial analysis to ensure accurate reporting.
- Assist with the preparation of GAAP, Statutory, and management reporting packages.
- Support regulatory filings, disclosures, and reinsurance reporting requirements.
- Coordinate with external auditors, reinsurers, brokers, and internal stakeholders to provide financial information and resolve accounting matters.
- Research and analyze complex accounting issues and recommend appropriate accounting treatment.
- Identify opportunities for process improvements and reporting efficiencies.
- Assist with special projects and other finance initiatives as needed.
Qualifications
- Bachelor's degree in Accounting, Finance, Business, or a related field.
- 5+ years of accounting experience, with significant exposure to reinsurance accounting preferred.
- Experience with premium and loss accounting, cash settlements, reconciliations, and financial reporting.
- Knowledge of GAAP and Statutory accounting principles.
- Advanced Excel skills, including Pivot Tables, XLOOKUPs, Power Query, and complex formulas.
- CPA and/or MBA is a plus.
- Strong analytical, organizational, and communication skills with the ability to manage multiple priorities and deadlines.
Why Consider This Opportunity?
This role offers the opportunity to join a collaborative finance team and gain exposure to a broad range of accounting, reporting, and reinsurance activities while contributing to key financial and operational initiatives across the organization.
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