Reinsurance Accountant

Hylant; Iowa Center (IA); On-site; USD 65,000 - 90,000; Full time

Job summary

Hylant is seeking a Captive Reinsurance Accountant to support evaluation and management of reinsurance contracts, claims, and relationships with reinsurers. You will prepare technical, financial accounting of premium, claim and reserves, and ensure compliance with company policies.

The role involves reviewing contracts, processing claims, generating reports, and advising stakeholders on statutory and reinsurance accounting topics. Travel may be required for meetings and conferences.

Qualifications

• Bachelor's degree in Accounting or Finance.
• Minimum of 3 years of experience in reinsurance accounting or similar financial area.
• Proficient with MS Office, especially Excel, Outlook, and Teams.
• Skilled at building and maintaining internal and external relationships.
• Fluent in English.
• Willingness to travel via car or air for meetings.

Responsibilities

• Review and analyze reinsurance contracts to ensure adherence to policies.
• Process and settle reinsurance claims accurately and efficiently.
• Generate reinsurance reports and perform analyses to support decisions.
• Consult internal stakeholders on statutory and reinsurance accounting guidance.
• Drive continuous process improvement and standardization of procedures.
• Attend and participate in relevant training to stay current on systems and processes.
• Keep SOPs and training guides up to date with Captive Account Executives.
• Perform other duties and special projects as assigned.

Skills

Reinsurance accounting

Relationship management

English fluency

Travel readiness

Education

Bachelor's degree in Accounting or Finance

Tools

MS Office

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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