Accounting and Claims Associate

Howden; La France (SC); On-site; USD 59,000 - 72,000; Full time

Job summary

Howden Re, a global reinsurance broker, seeks a detail‑oriented professional to manage loss notices, verify treaty coverage, and handle claims accounting for key clients.

You will review contracts, prepare loss calculations, and monitor settlements and reporting to ensure timely, accurate processing and compliance with terms.

Qualifications

• Bachelor’s degree required; strong numeric and analytical skills.
• Proficient with Microsoft Office products, including Excel.
• Proven team player with excellent communication and organizing abilities.
• Strong attention to detail and understanding of accounting/financial reporting.
• Legally authorized to work in the US.

Responsibilities

• Receive loss notices, updates and proofs of loss from clients and forward to reinsurers.
• Confirm coverage under treaty wording for retention, limits, and LAE treatment.
• Prepare/review loss calculations for accuracy and contract compliance.
• Process claims transactions in accounting and claims systems.
• Track settlements and forward funds to clients; assist with audits as needed.
• Review new contract wordings for key terms and input into systems.
• Monitor reporting and due dates; request premiums and accounts to ensure timely receipt.

Skills

Team player

Excellent communication skills

Attention to detail

Analytical acumen

Accounting basics

Education

Bachelor’s Degree

Tools

Microsoft Office

Excel

Job description

Howden Re is the global reinsurance broker and risk, capital & strategic advisor focused on relentless innovation & superior analytics for top client service.

About Role

Primary Responsibilities:

• Receive initial loss notices, loss status updates and proofs of loss from clients and forward to applicable reinsurers.
• Confirm coverage under treaty review contract wording for retention & limit, LAE treatment, loss reporting requirements, loss attachment basis, etc.
• Prepare / review loss calculations to ensure accuracy and compliance with contract terms
• Process claims transactions in accounting and claims system
• Track the status of reinsurer settlements, periodically following for payment as necessary; promptly forward collected funds to client
• Attendance at client claims audits as needed
• Perform all reinsurance accounting functions for selected client accounts and provide backup coverage for other accounts as needed.
• Review new contract wordings for key terms and input into the accounting and claims system
• Monitor contractual reporting and payment due dates and request premiums and accounts from clients to ensure timely receipt
• Prepare reporting forms and adjustment calculations for client use as needed
• Review client accounts and adjustment calculations for accuracy and compliance with contract terms; process accounting transactions in accounting and claims system
• Assist Clients with calculation of their Schedule F funding requirements and obtain Letters of Credit from Reinsurers, ensuring that all beneficiary requirements are met, and documents are received prior to company deadline
• Promptly forward all funds to payees in a timely manner
• Monitor brokerage revenue forecast and update as needed
• Monitor approval status of reinsurers and obtain approval of new reinsurers as needed
• Assist in the maintenance of reinsurer database

Qualifications

• Bachelor’s Degree
• Proficient with Microsoft Office Products, including Excel
• Proven team player
• Excellent communication skills
• Outstanding organizing abilities
• Strong attention to detail
• Solid analytical acumen
• Understanding of accounting and financial reporting principles and
• Legally authorized to work in the US

The expected compensation range for this role is $65,000 per year.