Reinsurance Accountant Sr

COUNTRY Financial; Bloomington (IL); On-site; USD 78,000 - 107,000; Full time

Benefits offered by this job

Short-Term Incentive plan

401(k) with company match

Job summary

COUNTRY Financial is looking for a reinsurance professional who monitors treaty loss activity, maintains contract files and coordinates audits. The role prepares reinsurance proposals, provides training, and assists with collections when requested.

It also creates reports and analyses to support accounting and underwriting decisions in a fast-paced environment. The role emphasizes adherence to reinsurance security guidelines and the ability to communicate treaty information clearly with

Qualifications

• Knowledge of accounting processes.
• Experience with financial analysis.
• 7+ years of relevant experience or a combination of related experience, education and training.

Responsibilities

• Coordinates and verifies reinsurance accounting activities, including reserves, losses, premium, commission, and LAE.
• Reviews reinsurance contracts to determine coverages, rates, and terms needed for accounting and underwriting purposes.
• Creates standard and ad hoc reports and analyses, presentations and training.

Skills

Accounting processes

Financial analysis

Job description

Experience more with a career at COUNTRY Financial!

We're excited you're interested in a career at COUNTRY as we strive toward our vision - to enrich lives in the communities we serve. Our footprint spans coast to coast. But more important than where we operate, is the people who do the work.

About the role

Monitors treaty loss activity and determines appropriate actions/notifications. Maintains reinsurance contract files and communicates treaty information. Adheres to reinsurance security guidelines. Coordinates reinsurance audits. Prepares reinsurance proposals. Provides reinsurance training and assists with collections upon request.

How does this role make an impact?

• Coordinates and verifies reinsurance accounting activities, including but not limited to reserves, losses, premium, commission, and Loss Adjustment Expenses (LAE).
• Reviews reinsurance contracts to determine coverages, rates, and terms needed for accounting and underwriting purposes.
• Creates standard and ad hoc reports and analyses, presentations and training.

Do you have what we're looking for?

Typically requires 7+ years of relevant experience or a combination of related experience, education and training.

• Knowledge of accounting processes
• Experience with financial analysis

Base Pay Range:

$77,600-$106,700

The base pay range represents the typical range of potential salary offers for candidates hired. Factors used to determine your actual salary include your specific skills, qualifications and experience.

Incentive Pay:

In addition to base salary, this position is eligible for a Short-Term Incentive plan.

Why work with us?

Our employees and representatives serve nearly one million households with our diverse range of personal and business insurance products as well as retirement and investment services. We build relationships and work together to create a stronger, more secure future for our clients and our communities. We're a big company, yet small enough you can make an impact and won't get lost in the shuffle. You'll have the opportunity to learn and grow throughout your career, either within this role or by exploring other areas of our business.

You’ll be able to take advantage of our benefits package, which includes insurance benefits (medical, dental, vision, disability, and life), 401(k) with company match.

COUNTRY Financial is committed to providing equal opportunity in all areas of employment, and in providing employees with a work environment free of discrimination and harassment. Employment decisions are made without regard to race, color, religion, age, gender, sexual orientation, veteran status, national origin, disability, or any other status protected by applicable laws or regulations.