We are partnering with a growing insurance organization seeking a Reinsurance Accounting Manager to lead core reinsurance accounting operations. This role will oversee financial reporting, ceded/assumed reinsurance activities, and ensure accuracy across month-end close, reporting, and audit processes.
Key Responsibilities
Oversee day-to-day reinsurance accounting activities across ceded and/or assumed business
Manage the monthly, quarterly, and annual close process, including journal entries, account reconciliations, and variance analysis
Review and analyze reinsurance treaties, ensuring proper accounting treatment under US GAAP / Statutory / IFRS (if applicable)
Collaborate with underwriting, actuarial, and finance teams to validate premium, losses, and recoverables
Maintain and reconcile reinsurance subledger to general ledger
Prepare and review schedules for financial reporting and disclosures (statutory and GAAP)
Support internal and external audits, including documentation and controls
Qualifications
Bachelor's degree in Accounting, Finance, or related field
5-10+ years of insurance or reinsurance accounting experience
Strong knowledge of reinsurance structures (quota share, excess of loss, etc.)
Experience with US GAAP and Statutory reporting (IFRS a plus)
CPA or progress toward certification preferred
Hands-on experience with accounting systems and large data sets (SAP, Oracle, PeopleSoft, etc.)
Advanced Excel skills (pivot tables, lookups, data analysis)
Strong attention to detail and ability to manage deadlines in a fast-paced environment
Numbers & Facts
Location
Chicago, IL
Skills
Accountingunmatched
Accounting Closeunmatched
Accounting Softwareunmatched
Actuarial Skillsunmatched
Analysis Skillsunmatched
Certified Public Accountant (CPA)unmatched
Data Analysisunmatched
Data Setsunmatched
Detail Orientedunmatched
Documentationunmatched
External Auditunmatched
Financeunmatched
Financial Disclosureunmatched
Financial Managementunmatched
Financial Reportingunmatched
General Ledger Accountingunmatched
Generally Accepted Accounting Principles (GAAP)unmatched
Insuranceunmatched
Internal Auditunmatched
International Financial Reporting Standards (IFRS)unmatched
Journal Entriesunmatched
Oracleunmatched
Peoplesoftunmatched
Pivot Tablesunmatched
Reconciliationunmatched
Regulatory Reportsunmatched
Reinsuranceunmatched
SAPunmatched
Time Managementunmatched
Underwritingunmatched
Variance Analysisunmatched
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