Senior Accountant
The Senior Accountant will oversee all accounting functions related to reinsurance contracts. This role focuses on ensuring the accurate recording, reconciliation, and reporting of reinsurance activity while maintaining compliance with accounting standards and regulatory requirements. It requires strong technical expertise in insurance and reinsurance accounting along with collaboration across finance, underwriting, and claims teams.
Key Responsibilities
- Record, reconcile, and analyze reinsurance premiums, claims, commissions, and settlements with external partners.
- Maintain accurate and compliant accounting records in alignment with GAAP and statutory standards.
- Prepare monthly, quarterly, and annual reconciliations of reinsurance accounts.
- Investigate and resolve discrepancies in balances with internal departments and external reinsurers.
- Contribute to financial reporting and regulatory filings tied to reinsurance activities.
- Partner with underwriting, actuarial, claims, and finance teams to apply proper accounting treatment to contracts.
- Support internal and external audits by providing clear documentation and explanations.
- Monitor treaty terms to ensure correct application of coverage, limits, and retention.
- Participate in process enhancements and system implementations related to reinsurance accounting.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related field; CPA designation preferred.
- 3–5 years of relevant accounting experience in insurance or reinsurance.
- Solid knowledge of reinsurance accounting principles, GAAP, and financial reporting standards.
- Familiarity with statutory reporting requirements for insurance companies is an advantage.
- Proficiency in Microsoft Excel and accounting systems; experience with policy/claims systems a plus.
- Strong analytical skills, detail orientation, and ability to manage multiple priorities in a dynamic environment.
- Excellent interpersonal and communication abilities.
Seniority level
Employment type
Job function
Industries
- Health and Human Services
Referrals
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Benefits
- Medical insurance
- Vision insurance
- 401(k)
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