Accounting Manager - Reinsurance

Direct Hire Opportunity- Accounting Manager- Reinsurance // Hot Job // HybridThis Jobot Job is hosted by: Kyle BeardAre you a fit? Easy Apply now by clicking the "Apply Now" button and sending us your resume.Salary: $115,000 - $125,000 per yearA bit about us:Growing insurance client! Confidential search!Why join us?Excellent culture, compensation, and benefits! Hybrid flexibilityJob DetailsThis position is responsible for the accurate recording, analyzing, and reporting of reinsurance financial data for both internal and external users.The position will monitor reinsurance contracts, ensure compliance with key provisions, review and reconcile bordereaux submissions to reinsurers, track reinsurance balances, record journal entries to report reinsurance transactions, prepare statutory reinsurance related schedules, and report out to senior management for large losses and Cat events.Key Responsibilities:Maintain and reconcile reinsurance general ledger accounts, including ceded premiums, losses, payables, and recoverables.Prepare and process reinsurance settlements with reinsurers.Review and reconcile bordereaux submissions.Monitor reinsurance treaties to ensure compliance with terms and accurate financial reporting.Assist with month-end and quarter-end close processes, including preparing journal entries.Preparation of reinsurance schedules for the annual and quarterly statutory financial statements (specifically Schedule F).Monitor collateral requirements and balances.Coordinate with claims, underwriting and actuarial departments to ensure consistency in reinsurance data companywide.Prepare detailed reinsurance schedules and reports for senior management, auditors, and regulators.Assist in streamlining reinsurance accounting processes and improving reporting efficiency.Stay updated on regulatory and industry changes related to reinsurance accounting and reporting.Ability to manage large data.Qualifications:Bachelor’s degree in Accounting, Finance, or related field.5+ years of accounting experience.Highly proficient in Microsoft Excel (Power Query, Pivot Tables, Lookups).Experience with financial accounting software (EAS, SAP, Oracle)Familiarity with NAIC statutory accounting principles (SAP).Highly analytical and detail oriented.Ability to manage multiple priorities and meet tight deadlines.Preferred Qualifications:CPA or progress toward CPA designation.Experience working within the P&C Industry and statutory regulatory filings.Experience with reinsurance treaties, including net quota share, excess of loss, aggregate and facultative arrangements.Experience with Captive reinsurers.Experience with reinsurance software (ProCede/FIS Reinsurance Manager, Duck Creek, Sapiens, Cenata).Experience with software implementation.Interested in hearing more? Easy Apply now by clicking the "Apply Now" button.Jobot is an Equal Opportunity Employer. We provide an inclusive work environment that celebrates diversity and all qualified candidates receive consideration for employment without regard to race, color, sex, sexual orientation, gender identity, religion, national origin, age (40 and over), disability, military status, genetic information or any other basis protected by applicable federal, state, or local laws. Jobot also prohibits harassment of applicants or employees based on any of these protected categories. It is Jobot’s policy to comply with all applicable federal, state and local laws respecting consideration of unemployment status in making hiring decisions.Sometimes Jobot is required to perform background checks with your authorization. Jobot will consider qualified candidates with criminal histories in a manner consistent with any applicable federal, state, or local law regarding criminal backgrounds, including but not limited to the Los Angeles Fair Chance Initiative for Hiring and the San Francisco Fair Chance Ordinance.Information collected and processed as part of your Jobot candidate profile, and any job applications, resumes, or other information you choose to submit is subject to Jobot's Privacy Policy, as well as the Jobot California Worker Privacy Notice and Jobot Notice Regarding Automated Employment Decision Tools which are available at jobot.com/legal.By applying for this job, you agree to receive calls, AI-generated calls, text messages, or emails from Jobot, and/or its agents and contracted partners. Frequency varies for text messages. Message and data rates may apply. Carriers are not liable for delayed or undelivered messages. You can reply STOP to cancel and HELP for help. You can access our privacy policy here: jobot.com/privacy-policy