Reinsurance Accountant

Hylant; Elm (PA); On-site; USD 75,000 - 110,000; Full time

Job summary

Hylant is seeking a Captive Reinsurance Accountant to support the evaluation and management of reinsurance contracts, claims, and relationships with reinsurers. You will prepare technical, financial accounting of premium, claims and reserves based on statements of accounts or bordereaux.

The role requires collaboration with internal stakeholders, driving process improvement, updating SOPs, and occasional travel.

Qualifications

• Bachelor’s degree in Accounting or Finance.
• Minimum of 3 years in reinsurance accounting or related finance area.
• Proficient in MS Office (Excel, Outlook, Teams).
• Able to build and maintain carrier relationships.
• Fluent in English.
• Willing to travel.

Responsibilities

• Review and analyze reinsurance contracts for policy adherence.
• Manage processing and settlement of reinsurance claims.
• Generate reinsurance reports and analyses to support decision-making.
• Consult internal stakeholders on statutory and reinsurance accounting.
• Drive process improvement and standardization; identify inefficiencies.
• Attend training sessions to stay updated on systems and processes.
• Keep SOPs and training guides up to date with Captive Account Executives.
• Perform other duties and special projects as requested.

Skills

Fluent English

Interpersonal skills

Analytical thinking

Education

Bachelor’s degree in Accounting or Finance

Tools

Excel

Outlook

Teams

Job description

The Opportunity:

The Captive Reinsurance Accountant role provides crucial support in the evaluation and management of reinsurance contracts, claims, and relationships with reinsurers. The role is key to ensuring compliance with company policies, efficient claim settlement, and effective communication and collaboration with reinsurers. Prepare technical, financial accounting of premium, claim and reserves based on statement of accounts or on bordereaux.

• Review and analyze reinsurance contracts to ensure adherence to company policies and guidelines.
• Manage the processing and settlement of reinsurance claims, ensuring accuracy and efficiency.
• Generate reinsurance reports and conduct analysis to support decision-making.
• Consult internal stakeholders on Statutory and Reinsurance Accounting expertise and guidance.
• Drive continuous process improvement and standardization; actively identify areas for process improvement and inefficiencies.
• Join relevant training sessions to maintain current relevant knowledge and of the system, processes, and changes.
• Keep SOP/training guides up to date for role and processes in collaboration with Captive Account Executives.
• Perform other duties and special projects as requested.

• Bachelor’s degree, preferably Accounting or Finance.
• Minimum of 3 years of experience in reinsurance accounting, insurance or similar financial area.
• Proficiency in MS Office, primarily Excel, Outlook, Teams.
• Skilled at building and maintaining internal and external (carrier) relationships.
• fluent in English.
• Ability and willingness to travel by car or airplane for meetings, conferences, or other business-related functions.

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