Remote Reinsurance Accounting Specialist – Data & Reporting

Progressive; United States; Remote; USD 61,000 - 99,000; Full time

Job summary

Progressive is seeking a mid or senior reinsurance accounting specialist to execute and account for low- to medium-complexity reinsurance contracts. You will support financial reporting via journal entries, reconciliations, and close analyses, ensuring SOX and regulatory compliance.

The role is remote for US-based work only, with occasional travel to the Mayfield Village, OH headquarters for meetings and training. Knowledge of Schedule F and relevant accounting guidance is required.

Qualifications

• Bachelor's degree or higher in Accounting or related field of study (e.g. Finance) and a minimum of 2 years of accounting work experience.
• Experience working with quota share and XOL (excess of loss) reinsurance contracts
• Experience using Workday, reinsurance systems (e.g., Prima XL), and SAP BusinessObjects
• Strong proficiency in Excel and SQL, with the ability to research, analyze, and interpret complex data
• Comprehensive knowledge of Schedule F and related reporting schedules

Responsibilities

• Execute and account for low- to medium-complexity reinsurance contracts.
• Support financial reporting through journal entry preparation, account reconciliations, and close analyses.
• Monitor contract, accounting, and reporting changes to ensure compliance with internal SOX controls and regulatory requirements.
• Work with large and complex data sets and investigate historical financial information from multiple sources.
• Collaborate with internal and external partners, research accounting and regulatory guidance, support auditor and examiner requests, and contribute to process improvements.

Skills

Excel

SQL

Schedule F knowledge

Reinsurance accounting

Education

Bachelor's degree or higher in Accounting or related field

Tools

Workday

Prima XL

SAP BusinessObjects

Job description

Progressive is seeking a mid or senior reinsurance accounting specialist to execute and account for low- to medium-complexity reinsurance contracts. You will support financial reporting via journal entries, reconciliations, and close analyses, ensuring SOX and regulatory compliance.

The role is remote for US-based work only, with occasional travel to the Mayfield Village, OH headquarters for meetings and training. Knowledge of Schedule F and relevant accounting guidance is required.