Senior Reinsurance Accountant

Kalepa Insurance Services, LLC

Cincinnati (OH)

On-site

USD 75,000 - 95,000

Full time

14 days+
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Benefits offered by this job

Medical, dental, and vision insurance
401(k) plan with company match
Employee Assistance Plan

Job summary

Kalepa Insurance Services, LLC is hiring a Senior Reinsurance Accountant in Cincinnati, OH. The role involves processing reinsurance transactions, financial analysis, and preparing journal entries in a hybrid work environment.

Qualified candidates should possess a Bachelor's degree in accounting or finance, along with 3+ years of accounting experience. Strong critical thinking and Excel skills are essential for success in this position, which offers professional growth opportunities and a competitive benefits package.

Qualifications

  • Minimum of 3 years of accounting experience required.
  • CPA license preferred but not required.
  • Knowledge of insurance and reinsurance accounting preferred.

Responsibilities

  • Process reinsurance transactions including accounting, collections, and reporting.
  • Complete financial analysis and reconciliation of reinsurance-related accounts.
  • Prepare and record reinsurance journal entries and payments.

Skills

Attention to detail
Critical thinking
Microsoft Excel
Reinsurance contract interpretation

Education

Bachelor's degree in accounting or finance
Master's degree in accounting or finance

Tools

Workday

Job description

## Senior Reinsurance AccountantApplylocations: Cincinnati, OHtime type: Full timeposted on: Posted Yesterdayjob requisition id: JR101407-The Senior Reinsurance Accountant will be responsible for processing reinsurance transactions including accounting, collections and reporting of reinsurance. This includes analyzing financial statements, reconciliations, and reinsurance research.**Must be available to work a hybrid (3 days in the office/2 days remote) schedule in our Cincinnati headquarters.****Key Accountabilities/Deliverables:*** Perform monthly/quarterly cessions of reinsurance treaties and ensure proper accounting treatment for all reinsurance transactions.* Complete financial analysis and reconciliation of reinsurance related accounts in support of financial statement preparation.* Prepare and record reinsurance journal entries and payments in Workday.* Responsible for monthly/quarterly billing to brokers/reinsurers.* Assist with GAAP and STAT financial schedules.* Assist in the implementation of a reinsurance system.* Assist with internal and external audit requests.* In addition to the above key responsibilities, may be required to undertake other duties from time to time as the Company may reasonably require.**Technical Knowledge and Understanding:*** Ability to research and interpret reinsurance contracts.* Demonstrates strong attention to detail and organizational skills.* Possesses strong critical thinking skills with the ability to assess complex accounting issues, apply thoughtful decision-making, and collaborate with key individuals to reach well-reasoned conclusions.* Microsoft Office skills, specifically with intermediate to advanced Excel skills including filters, pivot tables and complex formulas.* Knowledge of insurance and reinsurance accounting preferred but not required.**Experience:*** Minimum of a Bachelor’s degree in accounting or finance required.* Master’s degree in accounting or finance preferred, but not required.* 3+ years of accounting experience required.* CPA license preferred, but not required.Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position. ### #LI-Hybrid-At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness programCore Specialty offers a diversified range of property and casualty insurance products for small to mid-sized businesses. From underwriting offices spanning the U.S., the Company focuses on niche markets, local distribution, and superior underwriting knowledge, offering traditional as well as innovative insurance solutions to meet the needs of its customers and brokers. For further information about Core Specialty, please visit www.corespecialtyinsurance.com.In compliance with the Transparency in Coverage rule, issued in 2020 by US Departments of Health, Human Services, Labor and Treasury our health plan’s machine-readable files (MRFs) can be accessed via www.Cigna.com.
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