Senior Reinsurance Accountant — Hybrid

The Cincinnati Insurance Companies; Fairfield (OH); Hybrid; USD 75,000 - 110,000; Full time

Benefits offered by this job

Hybrid work option

Annual bonus

Stock incentives

Job summary

The Cincinnati Insurance Companies in Fairfield, OH, seeks a senior accountant with a strong background in assumed reinsurance accounting. This role involves managing complex accounting processes, ensuring accurate financial reporting and regulatory compliance, with a hybrid work option depending on role.

Starting pay ranges from $75,000 to $110,000 annually, with eligibility for annual cash bonuses and stock incentives based on performance.

Qualifications

• Five years of reinsurance accounting experience preferred.
• Strong understanding of reinsurance concepts.
• Advanced Excel skills and data analysis capabilities.
• Strong attention to detail and organizational skills.
• Excellent communication and interpersonal skills.

Responsibilities

• Prepare monthly, quarterly and annual accounting close activities for assumed reinsurance transactions.
• Record and reconcile premium, loss, commission and reserve activity for assumed treaties.
• Monitor and reconcile receivables and payables, ensuring timely settlements.
• Review and validate cedant reporting, identifying discrepancies and following up as needed.
• Support actuarial and underwriting teams with data and financial insights.
• Assist with financial statement preparation and related disclosures.
• Ensure compliance with internal controls, regulatory requirements and audit standards.
• Partner with internal stakeholders to improve processes and system efficiency.
• Support internal and external audits, including providing documentation and explanations.

Skills

Reinsurance accounting

Advanced Excel

Data analysis

Attention to detail

Communication

Education

Bachelor’s degree in accounting

CPA-track preferred

Tools

Microsoft Excel

Job description

The Cincinnati Insurance Companies in Fairfield, OH, seeks a senior accountant with a strong background in assumed reinsurance accounting. This role involves managing complex accounting processes, ensuring accurate financial reporting and regulatory compliance, with a hybrid work option depending on role.

Starting pay ranges from $75,000 to $110,000 annually, with eligibility for annual cash bonuses and stock incentives based on performance.