Sr. Reinsurance Accountant

Clearbrook Group Services Inc.; Chicago (IL); On-site; USD 111,400 - 132,500; Full time

Benefits offered by this job

Annual bonus

Generous benefits package

Job summary

Clearbrook Group Services Inc. is seeking a Sr. Reinsurance Analyst in Chicago. In this full-time position, you will handle accounting, analysis, and reporting of reinsurance activities while collaborating with intermediaries, reinsurers, and internal teams.

Candidates should have a Bachelor's degree in finance or accounting and 5+ years of relevant experience. We offer a competitive salary ranging from $111,400 to $132,500 along with an annual bonus and benefits.

Qualifications

• 5+ years of accounting experience, preferably in reinsurance accounting.
• Proficient in reinsurance account processing and reporting.
• Ability to solve complex problems and initiate resolutions.

Responsibilities

• Ensure accurate accounting and timely reporting.
• Serve as main contact for intermediaries and reinsurers.
• Prepare and analyze complex financial reports.

Skills

Reinsurance account processing

Problem-solving

Analytical skills

Communication skills

Teamwork

Education

Bachelor's degree in accounting or finance

Tools

Excel

Access

Word

Job description

Summary

Company Shared Services Argo and Farm Family are specialty property and casualty insurance brands whose underwriting companies are wholly-owned subsidaries of Clearbrook Holdings Inc. Argo and Farm Family partner with agents and brokers to provide insurance solutions that enable businesses to manage risks with confidence.
Business Title(s): Sr. Reinsurance Analyst
Employment Type: Full-Time
FLSA Status: Exempt
Location: In-Office
The Senior Reinsurance Analyst is responsible for the accurate and timely accounting, analysis, and reporting of reinsurance activity in compliance with GAAP, statutory requirements, and Sarbanes‑Oxley controls, supporting the monthly, quarterly, and year‑end close processes. The role serves as the primary point of contact for intermediaries, reinsurers, auditors, and internal stakeholders, managing reinsurance reporting, claim communications, coverage inquiries, and collections while preparing complex standard and ad hoc financial reports for management. Additionally, the analyst acts as a key liaison with Reinsurance Operations, supports regulatory and supplemental financial statement reporting, and proactively identifies opportunities to improve processes, controls, and efficiency within the reinsurance accounting function. This is a 100% in‑office position. Candidates must be able to work on‑site at a designated company office during standard business hours.

Essential Responsibilities

• Ensure accurate and timely compilation of accounting information, analysis and reporting in accordance with Generally Accepted Accounting Principles (GAAP).
• Assist with meeting Statutory filing requirements on a timely basis.
• Posting journal entries and completing required reconciliations to facilitate the monthly close process.
• Timely reporting and analysis of reinsurance accounts to intermediaries and reinsurers.
• Serve as the main point of contact with intermediaries and reinsurers on claim reporting, reinsurance coverage questions, and collection items.
• Prepare and analyze complex standard financial reinsurance and ad hoc reports for management.
• Assist as the accounting liaison for US reinsurance communications with Reinsurance Operations counterparts in the organization.
• Prepare reporting schedules for quarter and year end supplemental reporting to the financial statements.
• Own relationship with variety of internal and external stakeholders eg. internal audit, external audit and insurance brokers.
• Ensure compliance with Sarbanes‑Oxley internal control requirements.
• Identify areas for improvement within the Reinsurance accounting team and bring a pro‑active and solution orientated attitude.

Qualifications / Experience Required

• Bachelor’s degree in accounting or finance from a four‑year college or university.
• Clear knowledge and proven abilities in reinsurance account processing and a minimum of 5+ years of accounting experience, preferably reinsurance accounting in a property/casualty insurance environment.
• Ability to accurately research and follow through on complex problem‑solving items, as well as initiate resolutions at multiple levels within the organization.
• Excellent analytical, problem‑solving and verbal/written communication skills.
• Strong organizational skills with the ability to manage, prioritize and effectively meet deadlines for multiple assignments simultaneously.
• Strong teamwork skills and display professional demeanor encompassing company’s vision and values and enthusiasm for in‑person collaboration.
• Remain flexible in a fast‑paced environment and possess a customer focused attitude.

Preferred Qualifications

• Proficient PC skills, particularly in Excel, Access and Word.
• Skills in accounting and reinsurance software preferred.
• Experience with reinsurance treaties and accounting is preferred but not required.
• CPA preferred.

Salary and Benefits

The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that location. In addition to base salary, all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package. Chicago: $111,400.00 – $132,500.00

Employment Eligibility

Applicants must be legally authorized to work in the United States. At this time, we are not able to sponsor or assume sponsorship of employment visas.

Equal Opportunity Employer

We are an Equal Opportunity Employer. We do not discriminate on the basis of age, ancestry, color, gender, gender expression, gender identity, genetic information, marital status, national origin or citizenship (including language use restrictions), denial of family and medical care leave, disability (mental and physical), including HIV and AIDS, medical condition (including cancer and genetic characteristics), race, religious creed (including religious dress and grooming practices), sex (including pregnancy, childbirth, breastfeeding, and medical conditions related to pregnancy, childbirth or breastfeeding), sexual orientation, military or veteran status, or other status protected by laws or regulations in the locations where we operate. We do not tolerate discrimination or harassment based on any of these characteristics.