Reinsurance Accountant

Selby Jennings Ltd
  • Miami, FL
    8 days ago

    Job Description

    Primary Responsibilities

    • Prepare monthly and quarterly accounting entries and account reconciliations related to ceded/assumed reinsurance activity, including premiums, allowances, settlements, reserves, and receivables arising under treaty agreements.
    • Support the monthly and quarterly financial close process through the preparation of accurate and timely reinsurance accounting and supporting analyses.
    • Assist with the preparation of U.S. GAAP and Statutory financial reporting related to reinsurance transactions and balances.
    • Reconcile reinsurance activity with actuarial reporting, policy administration systems, and general ledger balances.
    • Prepare settlement statements and coordinate timely settlement of balances with reinsurance counterparties.
    • Support the onboarding and implementation of new reinsurance treaties and third-party reinsurance arrangements.
    • Collaborate cross-functionally with Accounting, Actuarial, Investments, and Operations teams, as well as external reinsurance partners.
    • Help identify and implement process improvements, controls, and reporting infrastructure to support the team as it scales.
    • Assist with ad hoc requests, audit support, and special projects as needed.

    Qualifications

    • Bachelor's degree in Accounting, Finance, or a related field.
    • Experience in reinsurance accounting required, ideally gained within the life and annuity insurance industry.
    • Working knowledge of U.S. GAAP and Statutory accounting principles as they relate to reinsurance.
    • CPA (active or in progress) preferred, but not required.
    • Strong analytical and reconciliation skills with high attention to detail.
    • Strong written and verbal communication skills, with the ability to collaborate across teams and with external counterparties.
    • A self-starter mindset with comfort operating in a lean, fast-paced, and growing environment.

    Numbers & Facts

    LocationMiami, FL

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