Senior Reinsurance Accountant

Core Specialty Insurance Holdings, Inc.; Cincinnati (OH); On-site; USD 70,000 - 90,000; Full time

Benefits offered by this job

Medical insurance

Dental insurance

Vision insurance

401(k) plan

Employee Assistance Plan

Job summary

Core Specialty Insurance Holdings, Inc. in Cincinnati, OH is seeking a Senior Reinsurance Accountant responsible for reinsurance transaction processing, accounting, collections, and reporting. The role includes financial analysis and reconciliation, and requires strong analytical skills.

This position offers a hybrid work schedule, advanced Microsoft Excel usage, and at least a Bachelor's degree in accounting or finance. Strong attention to detail is essential.

Benefits include medical, dental, vision insurances, and a 401(k) plan.

Qualifications

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

Responsibilities

• Process reinsurance transactions including accounting, collections, and reporting.
• Analyze financial statements and reconciliations.
• Prepare and record reinsurance journal entries and payments.

Skills

Attention to detail

Organizational skills

Critical thinking

Microsoft Excel

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.