Reinsurance Accountant

General Search & Recruitement Published: April 11, 2018
Location
Job ID
Job-1171

Description

 

 

Reinsurance Accountant

Charlotte, NC

 

(North Carolina)
If you want to be impactful, like to see the big picture and be an important
part of helping an organization grow, then this is a strong opportunity for you
to join an entrepreneurial organization that has made 15 acquisitions to date
and is continuing to expand.  This a lead role where you can take on
additional responsibility and where you’ll be looked at for future leadership
positions.

Reporting to the Controller, you’ll be responsible for reinsurance accounting,
administration and analysis with a focus on Life treaties. You should have a
solid background in both the technical aspects of reinsurance as well as the accounting
aspects.  As the company continues to integrate new acquisitions/books of
reinsurance business, you’ll also be involved in process improvement and
migrating to a new reinsurance system platform. Compensation is open but
gravitating up to the $110,000 range plus a bonus.  All in, the role is
expected to be in the $125,00 range the first year.  A fuller job description is below:

Overview:

The Reinsurance Accountant roll is responsible for treaty administration,
accounting and reporting to drive reinsurance process improvement and control
monitoring across multiple bases of accounting; STAT, GAAP, Tax. This position
will involve analysis of reinsurance results, presenting analytical findings,
reviewing and implementing new reinsurance treaties and ensuring consistent and
accurate implementation of reinsurance settlements and accounting models across
domestic and international insurance subsidiaries.

Responsibilities:

·        Prepare reinsurance settlements and
reporting for internal and external treaties with a focus on Life treaties.
·        Prepared monthly reinsurance
reporting across multiple accounting bases; STAT, GAAP, Tax.
·        Lead ad hoc reinsurance projects
(ex: reinsurance improvement projects, such as large reinsurance deals and
acting as a primary point of contact for auditors).
·        Define and evaluate new reinsurance
treaty accounting models and calculation methodologies, and assist in
preparation of technical accounting policy documentation.
·        Coordinate requests for information
needed for external and regulatory auditors.
·        Compile and review reinsurance
related footnote disclosures and reinsurance related Annual Statement
schedules.
·        Provide assistance, support and
training to less experienced personnel.
·        Serve as a backup for various
functional areas within the division.
·        Provide accounting guidance and
support for potential acquisitions

Qualifications:

·        Bachelor’s degree in accounting and
5 years’ experience in a similar role.
·        Knowledge of generally accepted
accounting principles (GAAP) and statutory accounting theory and practice.
·        Analytical, problem solving and
organizational skills.
·        Interpersonal skills.
·        Proficiency in Microsoft Word,
Excel and Access applications.
·        Clear and concise verbal and
written communication skills.

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