Manager, Reinsurance Accounting

corebridgefinancial; Houston (TX); Hybrid; USD 110,000 - 150,000; Full time

Benefits offered by this job

Health and Wellness benefits

401(k) matching up to 6% + 3% company

Employee Assistance Program

Matching charitable donations

Volunteer Time Off

Job summary

Corebridge Financial seeks a Manager of Reinsurance Accounting to lead a team delivering timely and accurate financial information for complex affiliate and external treaties. You will review settlements, coordinate disclosures, and drive standardization across GAAP and statutory reporting.

The role emphasizes collaboration, automation, and continuous process improvements within a hybrid Houston-based environment. Strong insurance industry background and reinsurance experience are required.

Qualifications

• Minimum of 5 years experience in the insurance industry, including hands-on experience with complex reinsurance treaties.
• Strong analytical abilities and practical problem-solving skills, excellent organizational skills and keen attention to detail.
• Experience in successful process improvements and automations.
• Ability to collaborate and interact effectively with all levels of staff.
• Ability to multitask with a variety of systems and processes.

Responsibilities

• Work with a team of professionals to complete monthly and quarterly reinsurance accounting closes on time and accurately.
• Review reinsurance cession calculations and settlements.
• Coordinate and review various financial statement disclosures and regulatory filing submissions.
• Assist in explaining monthly/quarterly reinsurance results to stakeholders.
• Support the implementation of accounting for new reinsurance deals or reinsurance related transactions.
• Maintain an effective control environment with control and process documentation and coordinate internal and external audits.
• Continuously assess existing processes to identify, recommend, and develop process improvements and standardization.
• Participate in special projects and ad hoc requests.

Skills

Insurance experience

Analytical skills

Process improvement

Collaboration

Multitasking

Adaptability

Tools

SAP

BPC

PowerBI

Alteryx

Excel

Job description

Who We Are

At Corebridge Financial, we believe action is everything. That's why every day we partner with financial professionals and institutions to make it possible for more people to take action in their financial lives, for today and tomorrow.

Values

• We are stronger as one: We collaborate across the enterprise, scale what works and act decisively for our customers and partners.
• We deliver on commitments: We are accountable, empower each other and go above and beyond for our stakeholders.
• We learn, improve and innovate: We get better each day by challenging the status quo and equipping ourselves for the future.
• We are inclusive: We embrace different perspectives, enabling our colleagues to make an impact and bring their whole selves to work.

About The Role

This role assists in overseeing a team dedicated to delivering timely and accurate financial information relating to complex affiliate and external reinsurance treaties. Key responsibilities include reviewing reinsurance settlement calculations and managing the monthly/quarterly close for reinsurance to ensure timely and accurate close for GAAP, U.S. Statutory, and Bermuda Statutory. The Manager, Reinsurance Accounting is also responsible for identifying, recommending, and developing process improvements, focusing on standardization, collaboration and innovation thinking.

Responsibilities

• Work with a team of professionals to complete monthly and quarter reinsurance accounting closes on time and accurately.
• Review reinsurance cession calculations and settlements.
• Coordinate and review various financial statement disclosures and as well as regulatory filing submissions.
• Assist in explaining monthly/quarterly reinsurance results to stakeholders.
• Support the implementation of accounting for new reinsurance deals or reinsurance related transactions.
• Maintain an effective control environment with control and process documentation and coordinate internal and external audits.
• Continuously assess existing processes to identify, recommend, and develop process improvements and standardization.
• Participate in special projects and ad hoc requests.

Skills and Qualifications

• Minimum of 5 years experience in the insurance industry, including hands-on experience with complex reinsurance treaties.
• Strong analytical abilities and practical problem-solving skills, excellent organizational skills and keen attention to detail.
• Experience in successful process improvements and automations.
• Ability to collaborate and interact effectively with all levels of staff.
• Ability to multitask with a variety of systems and processes.
• Adaptability to organizational changes and willingness to take on new responsibilities and assignments.
• Familiarity with financial systems is preferred, particularly SAP and BPC.
• Proficiency in data tools, including Excel, Word, PowerBI, and Alteryx.

Compensation

Corebridge also offers a range of competitive benefits as part of the total compensation package, as detailed below.

Work Location

If the position is based in one of Corebridge Financials' hub offices which are Houston, TX, Jersey City, NJ. or Woodland Hills, CA office the role is subject to our hybrid working policy, which gives colleagues the benefits of working both in an office and remotely. However, we are open to considering full remote candidates outside of these areas.

Why Corebridge?

At Corebridge Financial, we prioritize the health, well-being, and work-life balance of our employees. Our comprehensive benefits and wellness program is designed to support employees both personally and professionally, ensuring that they have the resources and flexibility needed to thrive.

Benefit Offerings Include:

• Health and Wellness: We offer a range of medical, dental and vision insurance plans, as well as mental health support and wellness initiatives to promote overall well-being.
• Retirement Savings: We offer retirement benefits options, which vary by location. In the U.S., our competitive 401(k) Plan offers a generous dollar-for-dollar Company matching contribution of up to 6% of eligible pay and a Company contribution equal to 3% of eligible pay (subject to annual IRS limits and Plan terms). These Company contributions vest immediately.
• Employee Assistance Program: Confidential counseling services and resources are available to all employees.
• Matching charitable donations: Corebridge matches donations to tax-exempt organizations 1:1, up to $5,000.
• Volunteer Time Off: Employees may use up