Staff Accountant

Bb Insurance; Brentwood (MD); On-site; USD 59,000 - 72,000; Full time

Benefits offered by this job

Health Benefits

401k

Student Loan Assistance

Tuition Reimbursement

Mental Health & Wellness

Paid Time Off

Job summary

Brown & Brown in Maryland is seeking a Staff Accountant to join our growing team and support the reinsurance accounting function. You will work with the Reinsurance Accounting Team Leader to ensure accurate accounting of reinsurance agreements and coordinate with reinsurers, clients, and internal teams.

The role emphasizes data accuracy, financial reporting support, and collaboration across departments such as claims, actuarial, and finance.

Qualifications

• Bachelor's degree in accounting or related field.
• Minimum of 5 years accounting experience, preferably within the insurance or reinsurance industry.
• Strong Excel and accounting software skills.
• Ability to manage multiple projects simultaneously in a deadline-driven environment.
• Excellent communication and interpersonal skills, with the ability to build and maintain relationships with clients, reinsurers, and internal stakeholders.

Responsibilities

• Record daily deposits, and reconcile entries for reinsurance activity, ensuring accuracy and compliance with treaty terms.
• Maintain spreadsheets tracking deposits, as well as claims fund tracking and financial reporting.
• Perform timely and accurate recording, reporting, and matching of billings in accordance with reinsurance agreements.
• Identify and resolve reconciliation issues related to reinsurance activities, coordinating corrective actions as needed.
• Manage client, reinsurer, and internal stakeholder communications, including collaboration with departments such as claims, actuarial, and finance.
• Support audits by preparing relevant financial documentation and responding to audit queries.
• Assist the Reinsurance Accounting Supervisor in process improvement initiatives to enhance the efficiency and accuracy of reinsurance accounting operations.
• Back up to the Accounting (senior) for payables and month-end processing when needed.

Skills

Communication skills

Time management

Teamwork

Independence

Self-starter

Education

Bachelor's degree in accounting

Tools

Excel

Accounting software

Job description

Built on meritocracy, our unique company culture rewards self-starters and those who are committed to doing what is best for our customers.

Brown & Brown is seeking a Staff Accountant to join our growing team!

This role plays a critical part in supporting our growth-focused reinsurance division, working closely with the Reinsurance Accounting Team Leader to ensure the accurate accounting and administration of reinsurance agreements. This role requires collaboration with reinsurer staff, clients, finance staff, auditors, and internal teams to ensure the proper execution of reinsurance transactions. The Reinsurance Accountant will also play a key role in supporting financial reporting, ensuring data accuracy, and managing communications with stakeholders.

How You Will Contribute:

• Record daily deposits, and reconcile entries for reinsurance activity, ensuring accuracy and compliance with treaty terms.
• Maintain spreadsheets tracking deposits, as well as claims fund tracking and financial reporting.
• Perform timely and accurate recording, reporting, and matching of billings in accordance with reinsurance agreements.
• Identify and resolve reconciliation issues related to reinsurance activities, coordinating corrective actions as needed.
• Manage client, reinsurer, and internal stakeholder communications, including collaboration with departments such as claims, actuarial, and finance.
• Support audits by preparing relevant financial documentation and responding to audit queries.
• Assist the Reinsurance Accounting Supervisor in process improvement initiatives to enhance the efficiency and accuracy of reinsurance accounting operations.
• Back up to the Accounting (senior) for payables and month-end processing when needed.

Skills & Experience to be Successful:

• Bachelor's degree in accounting or a related field
• Minimum of 5 years of relevant accounting experience, preferably within the insurance or reinsurance industry.
• Strong proficiency in Excel and experience using accounting software.
• Proven ability to manage multiple projects simultaneously in a deadline-driven environment.
• Excellent communication and interpersonal skills, with the ability to build and maintain relationships with clients, reinsurers, and internal stakeholders.
• Strong organizational and time-management skills, with a keen attention to detail.
• Ability to work independently and as part of a team in a fast-paced, dynamic environment.
• Self-starter with a professional, assertive approach to problem-solving.

Pay Range

$65,000 - $65,000 Annual

The pay range provided above is made in good faith and based on our lowest and highest annual salary or hourly rate paid for the role and takes into account years of experience required, geography, and/or budget for the role.

Teammate Benefits & Total Well-Being

We go beyond standard benefits, focusing on the total well-being of our teammates, including:

• Health Benefits: Medical/Rx, Dental, Vision, Life Insurance, Disability Insurance
• Financial Benefits: ESPP; 401k; Student Loan Assistance; Tuition Reimbursement
• Mental Health & Wellness: Free Mental Health &Enhanced Advocacy Services
• Beyond Benefits: Paid Time Off, Holidays, Preferred Partner Discounts and more.

Not reflective of all benefits. Enrollment waiting periods or eligibility criteria may apply to certain benefits. Benefit details and offerings may vary for subsidiary entities or in specific geographic locations.

Recruiting Vendor Disclosure Statement

Brown & Brown does not accept unsolicited resumes from external recruiters, recruitment vendors or employment agencies ("Recruiting Vendors"). Recruiting Vendors must have a valid written agreement and received prior written authorization from an authorized Brown & Brown representative before submitting candidates for any publicly posted role. Any unsolicited resumes submitted to Brown & Brown or its employees become the property of Brown & Brown, and no fees will be paid for such submissions. Additional information regarding this policy can be found on our careers page.

The Power To Be Yourself

As an Equal Opportunity Employer, we are committed to fostering an inclusive environment comprised of people from all backgrounds, with a variety of experiences and perspectives, guided by our Diversity, Inclusion & Belonging (DIB) motto, “The Power to Be Yourself”.