Reinsurance Accountant

Hylant; Minnesota; On-site; USD 70,000 - 95,000; Full time

Job summary

Hylant in Minnesota is seeking a Captive Reinsurance Accountant to support the evaluation and management of reinsurance contracts, claims, and relationships with reinsurers. You will ensure compliance with policies and perform accurate accounting of premiums, claims, and reserves.

You will review contracts, process claims, generate reports, and advise on statutory and reinsurance accounting. Travel may be required; you will help drive process improvements and keep SOPs current.

Qualifications

• Bachelor's degree in Accounting or Finance.
• At least 3 years of experience in reinsurance accounting or related field.
• Proficiency in MS Office, especially Excel, Outlook, Teams.
• Strong relationship-building with internal and external stakeholders.
• Fluent in English.
• Willingness to travel for meetings.

Responsibilities

• Review and analyze reinsurance contracts for policy adherence.
• Manage processing and settlement of reinsurance claims.
• Generate reinsurance reports and conduct analysis.
• Consult on Statutory and Reinsurance Accounting guidance.
• Drive process improvements and standardization; identify inefficiencies.
• Join training sessions to stay current on systems and processes.
• Keep SOPs and training guides up to date.
• Perform other duties and special projects as requested.

Skills

Communication

Relationship building

Fluent English

Travel readiness

Education

Bachelor's degree

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.

We believe great work is rooted in understanding people — our clients, our communities, and each other — and delivering thoughtful solutions that rise above the expected.