Reinsurance Accountant

Roessel Joy; Boston (MA); On-site; USD 90,000 - 120,000; Full time

Job summary

Roessel Joy is partnering with an insurance company in Boston, MA to hire a Reinsurance Accountant. The role focuses on supporting reinsurance accounting activities, claims processing, reconciliations and financial reporting.

The ideal candidate will have insurance industry experience with hands-on reinsurance claims experience and a Bachelor's degree in Accounting or Finance, plus 3+ years of accounting experience. Compensation ranges from $90K-$120K depending on experience.

Qualifications

• Bachelor’s degree in Accounting, Finance or related field is required.
• 3+ years of accounting experience.
• Insurance industry experience is required.
• Reinsurance claims experience is required.
• Strong understanding of reinsurance accounting and claims processes.
• Experience with journal entries, reconciliations and financial reporting.
• Strong Excel and accounting systems experience.

Responsibilities

• Manage and maintain reinsurance accounting activities.
• Process and reconcile reinsurance claims and related transactions.
• Review reinsurance agreements and ensure transactions are recorded accurately.
• Prepare journal entries and account reconciliations.
• Monitor reinsurance recoverables and outstanding claims balances.
• Assist with month-end and quarter-end close processes.
• Prepare reinsurance-related reports and financial analysis.
• Research and resolve discrepancies related to claims and reinsurance activity.
• Collaborate with underwriting, claims, finance and other internal teams.
• Support audits and other reinsurance accounting projects.

Skills

Reinsurance accounting

Reinsurance claims

Financial reporting

Journal entries

Reconciliations

Analytical skills

Communication

Education

Bachelor's degree in Accounting/Finance

Tools

Excel

Accounting systems

Job description

We are partnering with an insurance company in Boston, MA who is looking to add a Reinsurance Accountant to their team. This role will support reinsurance accounting activities, claims processing, reconciliations, and financial reporting. The ideal candidate will have insurance industry experience with hands-on reinsurance claims experience.

Responsibilities

• Manage and maintain reinsurance accounting activities
• Process and reconcile reinsurance claims and related transactions
• Review reinsurance agreements and ensure transactions are recorded accurately
• Prepare journal entries and account reconciliations
• Monitor reinsurance recoverables and outstanding claims balances
• Assist with month-end and quarter-end close processes
• Prepare reinsurance-related reports and financial analysis
• Research and resolve discrepancies related to claims and reinsurance activity
• Collaborate with underwriting, claims, finance, and other internal teams
• Support audits and other reinsurance accounting projects

Qualifications

• Bachelor’s degree in Accounting, Finance, or a related field
• 3+ years of accounting experience
• Insurance industry experience required
• Reinsurance claims experience required
• Strong understanding of reinsurance accounting and claims processes
• Experience with journal entries, reconciliations, and financial reporting
• Strong Excel and accounting systems experience
• Excellent attention to detail and analytical skills
• Strong communication and organizational abilities

Compensation: $90K-$120K depending on experience