Reinsurance Accountant: NA Finance & Treaty Ops

Allied World; New York (NY); On-site; USD 79,000 - 105,000; Full time

Benefits offered by this job

Health benefits

401(k) match

Group term life insurance

Dental insurance

Disability insurance

Job summary

Allied World is seeking a finance professional in New York with a strong background in insurance and reinsurance accounting. You will handle premiums, losses, deposits, and settlements while ensuring timely reconciliations and accurate reporting.

The role requires at least 2 years of financial experience in the industry, strong Excel skills (pivot tables and lookups), and clear communication with internal and external clients. CPA eligibility and SAP experience are a plus.

Qualifications

• Bachelor's degree in accounting or finance is required or CPA eligibility is a plus.
• CPA or CPA eligible is beneficial.
• ARe or CPCU courses are a plus.
• SAP experience is a plus.
• Minimum 2 years of financial experience in insurance, accounting or financial services.
• Strong MS Excel skills including pivot tables and lookups.
• Excellent verbal and written communication skills.
• Detail oriented with strong organizational skills and ability to meet deadlines.
• Strong analytical and problem solving skills with time management.
• Ability to take on increasing responsibilities and work independently with overtime when needed.

Responsibilities

• Handle insurance/reinsurance accounting activities related to premiums, losses, deposits, collateral, cash allocations and recoveries.
• Prepare, validate and distribute treaty bordereau accurately and timely.
• Assist with treaty settlement, collections and process improvements.
• Validate facultative premiums and claims; manage settlements and collections.
• Process cash applications in ceded accounts and research outstanding items.
• Research, reconcile and respond to broker and internal client inquiries.
• Monthly confirmation and reconciliation of ceded balances to GL reports.
• Assist with quarterly and year-end reporting.
• Support internal and external GAAP audits as needed.
• Participate in special data analysis and reconciliation projects.

Skills

Analytical thinking

Time management

Communication

Independence with deadlines

Education

Bachelor's in accounting/finance

CPA or CPA eligible

ARe/CPCU courses

SAP experience

Tools

Excel

Pivot tables

Lookups

SAP

Job description

Allied World is seeking a finance professional in New York with a strong background in insurance and reinsurance accounting. You will handle premiums, losses, deposits, and settlements while ensuring timely reconciliations and accurate reporting.

The role requires at least 2 years of financial experience in the industry, strong Excel skills (pivot tables and lookups), and clear communication with internal and external clients. CPA eligibility and SAP experience are a plus.