Senior Accountant, Reinsurance

National Life Group; Addison (TX); On-site; USD 86,625 - 127,050; Full time

Benefits offered by this job

Flexible and customizable benefits

Job summary

National Life Group in Addison, Texas is hiring a Reinsurance Senior Accountant with significant experience in reinsurance accounting. This senior-level role involves responsibilities like preparing and reconciling reinsurance settlement statements, carrying out ledger close procedures, and collaborating with various teams. The ideal candidate will have a Bachelor's degree in Accounting and CPA preferred. This position offers a competitive salary range of $86,625 - $127,050 along with flexible benefits starting from day one.

Qualifications

• 3-5 years of accounting experience, ideally in insurance or public accounting.
• Strong grasp of accounting principles regarding internal controls.
• Ability to meet deadlines in a dynamic work setting.

Responsibilities

• Prepare and reconcile reinsurance settlement statements.
• Carry out monthly/quarterly ledger close procedures.
• Validate data and maintain accurate records.
• Collaborate with teams across functions.

Skills

Accounting principles

Excel

Analytical skills

Attention to detail

Communication skills

Education

Bachelor's degree in Accounting

CPA preferred

Job description

Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.

Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.

We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.

Please note that we do not offer visa sponsorship for this position.

Position Summary

This is an exciting opportunity to continue your Accounting Career at one of the fastest growing life insurance companies in the country. National Life Group currently has an opening for a Reinsurance Senior Accountant. This senior-level position is designed for an accounting professional with significant experience in reinsurance accounting. The ideal candidate will be motivated by opportunities to enhance, refine, and create processes. As an essential member of a developing reinsurance team, this role will be responsible for supporting both newly established and ongoing reinsurance arrangements as the company grows and adapts. While the main focus will be on reinsurance accounting, the individual will work closely with the broader insurance accounting team to ensure processes are aligned, consistent, and equipped with robust internal controls throughout the organization. Responsibilities will include reviewing and analyzing accounting outcomes, ensuring that transactions are properly recorded. The role will also involve preparing and entering journal entries for complex ledger accounts, which may require developing and designing computerized entry processes.

Key Responsibilities

• Prepare, review, and reconcile periodic reinsurance settlement statements.
• Carry out monthly and/or quarterly ledger close procedures, including preparing reinsurance journal entries, reconciliations, and analyses.
• Validate data from both internal systems and external reinsurers, investigating any discrepancies that arise.
• Maintain records that are accurate, thorough, and well-documented to support settlements, underlying assumptions, and reconciliations.
• Identify and pursue opportunities to improve processes, focusing on standardization and automation where possible.
• Review and provide support for the implementation or updating of new and existing reinsurance agreements.
• Work collaboratively with reinsurers to foster effective relationship management.
• Support audits, regulatory reporting, and respond to other ad hoc requests as necessary.
• Collaborate across functions with teams such as Financial Reporting, Risk Management, Legal, Internal Audit, Pricing, Product, IT, Operations, and Investments.
• Identify, evaluate, and leverage emerging technologies, including generative AI and automation solutions and workflow tools, to drive measurable improvements in reporting efficiency, control effectiveness, and scalability.

Requirements

• Bachelor’s degree in Accounting.
• CPA preferred.
• Three to five years of accounting experience, ideally within insurance or public accounting sectors.
• Strong grasp of accounting principles, especially regarding internal controls.
• Advanced skills in Excel.
• Demonstrated analytical, problem-solving, and reconciliation abilities.
• Keen attention to detail and the capacity to meet deadlines in a dynamic work setting.
• Effective written and verbal communication skills.
• Capability to work independently as well as collaborate across teams.
• Proven ability to develop strong working relationships and operate with a partnership-focused approach.

Benefits

• Your benefits start day one and are flexible and customizable to your and your family's specific needs.

Base Pay Range

The base pay range for this position is the range National Life reasonably and in good faith expects to pay for the position taking into account the wide variety of factors, including: prior experience and job-related knowledge; education, training and certificates; current business needs; and market factors. The final salary or hourly wages offered may be outside of this range based on other reasons and individual circumstances.

Additional Compensation and Benefits

The total compensation package for this position may also include a full range of medical, financial, and/or other benefits (including 401(k) eligibility and various paid time off benefits, such as vacation, sick time, and parental leave), dependent on the position offered. The successful candidate may also be eligible to participate in National Life’s discretionary annual incentive programs, subject to the rules governing such programs. If hired, the employee will be in an "at-will position" and National Life reserves the right to modify base salary (as well as any other discretionary payment or compensation or benefit program) at any time, including for reasons related to individual performance, company or individual department/team performance, and market factors.

Salary Pay Range

$86,625 - $127,050 USD