Reinsurance Accountant (HYBRID or REMOTE)

Equitable · New York, NY · 1 wk ago

Finance$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.
Maintain 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.

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. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility. For eligible employees, 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 reference the link below. Equitable Pay and Benefits: Equitable Total Rewards Program.

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, ideally in the 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 an advantage.
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