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Reinsurance Accountant

Selby Jennings Miami, United States
Posted 1 day ago In-Office Job Permanent USD120000 - USD160000 per year

Reinsurance Accountant

Selby Jennings Miami, United States
Our client is a growing asset management firm with a focus on the life and annuity insurance space. As the firm continues to expand its investment platform and insurance partnerships, they are looking to add a Reinsurance Accountant to the team. This is an exciting opportunity to join a collaborative, entrepreneurial organization at a pivotal point in its growth.

Primary Responsibilities

  • Prepare monthly and quarterly accounting entries and account reconciliations related to ceded/assumed reinsurance activity, including premiums, allowances, settlements, reserves, and receivables arising under treaty agreements.
  • Support the monthly and quarterly financial close process through the preparation of accurate and timely reinsurance accounting and supporting analyses.
  • Assist with the preparation of U.S. GAAP and Statutory financial reporting related to reinsurance transactions and balances.
  • Reconcile reinsurance activity with actuarial reporting, policy administration systems, and general ledger balances.
  • Prepare settlement statements and coordinate timely settlement of balances with reinsurance counterparties.
  • Support the onboarding and implementation of new reinsurance treaties and third-party reinsurance arrangements.
  • Collaborate cross-functionally with Accounting, Actuarial, Investments, and Operations teams, as well as external reinsurance partners.
  • Help identify and implement process improvements, controls, and reporting infrastructure to support the team as it scales.
  • Assist with ad hoc requests, audit support, and special projects as needed.

Qualifications

  • Bachelor's degree in Accounting, Finance, or a related field.
  • Experience in reinsurance accounting required, ideally gained within the life and annuity insurance industry.
  • Working knowledge of U.S. GAAP and Statutory accounting principles as they relate to reinsurance.
  • CPA (active or in progress) preferred, but not required.
  • Strong analytical and reconciliation skills with high attention to detail.
  • Strong written and verbal communication skills, with the ability to collaborate across teams and with external counterparties.
  • A self-starter mindset with comfort operating in a lean, fast-paced, and growing environment.
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Job ID  PR/604936
ABOUT COMPANY
New York, United States
1000 Employees HR & Recruitment
We support the Financial Sciences & Services industry with talent that can truly shape the future of a business. Whether that be Quantitative Analyti...
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