Reinsurance Accountant

Responsibilities

• Prepare and record complex underwriting and reinsurance journal entries, ensuring accuracy and compliance with established accounting standards and contract terms.
• Analyze and interpret detailed financial data to support monthly, quarterly, and annual reporting requirements.
• Manage multiple competing priorities and consistently meet strict monthly and quarterly reporting deadlines in a fast paced environment.
• Assist in the preparation, review, and reconciliation of highly detailed financial reports, schedules, and supporting documentation.
• Exercise strong attention to detail while maintaining accuracy across large volumes of financial transactions and reporting activities.

Requirements

• Bachelor’s degree in Accounting, Finance, or related field required; equivalent experience considered.
• 2 to 3 years of accounting experience required, with insurance or reinsurance accounting experience preferred.
• Experience preparing complex journal entries, reconciliations, and detailed financial reporting required.
• Ability to manage multiple priorities and consistently meet tight reporting deadlines in a fast paced environment.
• Strong analytical skills with exceptional attention to detail and accuracy.
• Familiarity with insurance products including Accident & Health, Life, and Property & Casualty preferred.
• Experience with annual statement software (eFreedom), Oracle Fusion, or similar ERP systems preferred.
• Advanced proficiency in Microsoft Excel and Microsoft Office required.
• Basic understanding of insurance company operations and reinsurance concepts preferred.
• Strong organizational skills with the ability to prioritize work effectively and adapt to changing business needs.

Qualifications

• Bachelor’s degree in Accounting, Finance, or related field required; equivalent experience considered.
• 2 to 3 years of accounting experience required, with insurance or reinsurance accounting experience preferred.
• Experience preparing complex journal entries, reconciliations, and detailed financial reporting required.
• Ability to manage multiple priorities and consistently meet tight reporting deadlines in a fast paced environment.
• Strong analytical skills with exceptional attention to detail and accuracy.
• Familiarity with insurance products including Accident & Health, Life, and Property & Casualty preferred.
• Experience with annual statement software (eFreedom), Oracle Fusion, or similar ERP systems preferred.
• Advanced proficiency in Microsoft Excel and Microsoft Office required.
• Basic understanding of insurance company operations and reinsurance concepts preferred.
• Strong organizational skills with the ability to prioritize work effectively and adapt to changing business needs.

Skills

• Strong analytical skills.
• Exceptional attention to detail and accuracy.
• Familiarity with insurance products including Accident & Health, Life, and Property & Casualty.
• Experience with annual statement software (eFreedom), Oracle Fusion, or similar ERP systems.
• Advanced proficiency in Microsoft Excel and Microsoft Office.
• Strong organizational skills.

Benefits

• Medical, dental & vision coverage.
• Critical Illness, Accident, and Hospital coverage.
• Life Insurance (Voluntary Life & AD&D for the employee and dependents).
• Short and long-term disability coverage.
• Health Spending Account (HSA).
• Transportation benefits.
• Employee Assistance Program.
• Time Off/Leave (PTO, Vacation or Sick Leave).

Pay and Benefits

The pay range for this position is $27.00 - $33.00/hr. Individual compensation offered for this position within this range will depend on many factors, including qualifications, skills, relevant experience, job knowledge, geographic location, internal equity, and other pertinent job-related factors.

About the Role

We are seeking a highly skilled Reinsurance Accountant to prepare and record complex underwriting and reinsurance journal entries. This role demands precision and adherence to established accounting standards and contract terms. The ideal candidate will analyze and interpret detailed financial data to support monthly, quarterly, and annual reporting requirements. This position requires the ability to manage multiple priorities and consistently meet strict reporting deadlines in a dynamic, fast-paced environment.

Job Type and Location

This is a Contract to Hire position based out of Oakbrook Terrace, IL.

Application Deadline

This position is anticipated to close on Sep 8, 2026.