Reinsurance Accountant (HYBRID or REMOTE)
Equitable · Charlotte, NC · 1 wk ago
Accounting$80k–$125k/yrFull-time
About The Role
At Equitable, we help clients secure their financial well-being so they can pursue long and fulfilling lives—a mission we’ve honed since 1859. Equitable is seeking a Reinsurance Accountant with expertise in analyzing complex reinsurance initiatives, including impact analysis, process flows, and assumed/ceded reinsurance strategies.
What You’ll Be Doing
- Daily reinsurance accounting activities, including transaction recording, reconciliation, and ledger maintenance.
- Interpret and operationalize complex reinsurance contracts in accordance with applicable accounting standards.
- Establish and uphold internal policies and procedures for reinsurance financial operations.
- Ensure timely issuance of billing statements and collections from reinsurers.
- Identify trends and variances through financial data review; advise leadership on potential improvements.
- Perform routine account reconciliations and resolve discrepancies effectively.
- Maintain strict adherence to accounting standards, regulatory requirements, and internal control procedures.
- Prepare for internal and external audits, providing all necessary documentation and insights.
- Use business process design tools, including process maps and flow charts, to clarify reinsurance problems, goals, and requirements to various Reinsurance stakeholders.
- Provide extensive subject matter expertise to support our enterprise strategy for reinsurance data.
- Support an agile project management framework to prioritize and pace projects with a cross-functional team.
- Monitor client accounts/statistics by using internal reports, perform data analysis, and support stakeholders with reports and statistics.
- Financial Reporting: US GAAP/US STAT/Bermuda STAT, Schedule S, etc.
- Maintain a flexible work schedule: fully remote or hybrid, with 2–3 days on-site per week if located near an office (e.g., Charlotte, NC; New York, NY; Syracuse, NY).
Pay and Benefits
The base salary range for this position is $80,000-$125,000. Actual base salaries vary based on skills, experience, and geographical location. Equitable provides a full range of benefits, including medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please refer to the link provided.
Required Qualifications
- Bachelor’s degree in accounting, finance, or a related discipline.
- 5+ years experience in reinsurance accounting, claims, and reporting within the insurance industry, preferably in Life and Annuities.
- Established technical knowledge of reinsurance arrangements, accounting principles, and regulatory frameworks.
- Proven knowledge working with Microsoft Excel and financial systems; experience with reinsurance tools (e.g., RMS, AIR) is advantageous.
- Demonstrated analytical skills, attention to detail, and ability to manage complex datasets.
- Effective communication and interpersonal skills for team leadership and collaboration with both internal and external stakeholders and team members.
- Ability to thrive in a dynamic, deadline-driven environment.
- Proactively seeks advice for new issues and suggests solutions.
Preferred Qualifications
- CPA, industry designation (e.g., ALMI, FMLI), or equivalent certification.
- Skills in Business Objects, Analysis for Office, Power BI, and Tableau.