Sr. Reinsurance Accountant

Farm Family; Chicago (IL); On-site; USD 111,400 - 132,500; Full time

Benefits offered by this job

401(k) with company match

Paid time off

Professional development opportunities

Job summary

Farm Family is seeking a Senior Reinsurance Accountant in Chicago, IL. The role involves accurate accounting, analysis, and reporting of reinsurance activities in line with GAAP and statutory requirements. Responsibilities include compiling financial reports, communicating with internal stakeholders and auditors, and ensuring compliance with Sarbanes-Oxley. Ideal candidates will have a Bachelor's degree in accounting or finance, and at least 5 years of relevant experience, with proficiency in Excel and a team-oriented mindset. The position offers a competitive salary package.

Qualifications

• Minimum of 5+ years of accounting experience, preferably in reinsurance accounting.
• Ability to solve complex problems and initiate resolutions.
• Strong organizational skills to manage multiple assignments.

Responsibilities

• Compile accounting information, analysis, and reporting in compliance with GAAP.
• Serve as the main point of contact for claim reporting and reinsurance coverage questions.
• Identify opportunities to improve processes and controls.

Skills

Reinsurance account processing

GAAP compliance

Analytical skills

Verbal/written communication skills

Teamwork skills

Education

Bachelor’s degree in accounting or finance

Tools

Excel

Access

Word

Job description

Sr. Reinsurance Accountant page is loaded## Sr. Reinsurance Accountantlocations: US IL - Chicagotime type: Full timeposted on: Posted 8 Days Agojob requisition id: R2049296**Company**Shared ServicesArgo Group is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. The Argo entities are wholly-owned subsidiaries of Clearbrook Group Holdings Inc.**Job Description****Business Title(s):** Sr. Reinsurance Analyst**Employment Type:** Full-Time**FLSA Status:** Exempt**Location:** In-Office**Summary:**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.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***PLEASE NOTE:***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.If you have a disability under the Americans with Disabilities Act or similar state or local law and you wish to discuss potential reasonable accommodations related to applying for employment with us, please contact our Benefits Department at 210-321-8400.**Notice to Recruitment Agencies:** Resumes submitted for this or any other position without prior authorization from Human Resources will be considered unsolicited. BWS and / or its affiliates will not be responsible for any fees associated with unsolicited submissions.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, child birth, breastfeeding, and medical conditions related to pregnancy, child birth 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. The collection of your personal information is subject to our**Benefits and Compensation**We offer a competitive compensation package, performance-based incentives, and a comprehensive benefits program—including health, dental, vision, 401(k) with company match, paid time off, and professional development opportunities.