Reinsurance Accountant II

About the role

We are seeking a skilled Reinsurance Accountant II to join our dynamic team. This role plays a crucial part in ensuring the accuracy and integrity of our financial reporting, particularly in relation to reinsurance activities.

Responsibilities

• Performs treaty and accounting requirements for reinsurance activities.
• Works with Financial Shared Services and other subject matter experts to learn and document the Company’s reinsurance activities.
• Develops a centralized inventory of active reinsurance treaties and related provisions for timely and accurate adherence to treaty provisions.
• Documents how reinsurance activities are reflected in the Company’s accounting and reporting systems on both a US GAAP and Statutory basis.
• Administers existing reinsurance treaty agreements to ensure adherence to treaty provisions and requirements.
• Collaborates with the Financial Reporting team to complete monthly, quarterly, and annual accounting requirements including journal entries, performance of reinsurance-related activity, reinsurance accruals, and Schedule S filings.
• Supports external and internal audit requests.
• Performs other related duties as required.

Requirements

• Understanding of accounting principles for U.S. GAAP.
• Focus on detail and meticulous documentation of transaction support for accruals, settlements, and other reinsurance deliverables.
• Intellectual curiosity to learn and understand the U.S. GAAP, statutory, and international accounting implications of the reinsurance program.
• Proficient in Microsoft Office including Excel.
• Proficient in process improvement techniques including diagnostic and problem-solving skills, and facilitation and negotiation skills.
• Aptitude for learning accounting and data analysis systems/applications.
• Excellent analytical, research, and problem-solving skills.
• Ability to exhibit and maintain professionalism in accordance with corporate standards.
• Excellent written and oral communication skills, with ability to effectively collaborate with team and management.
• Knowledge and experience with SAP preferred.

Qualifications

• Bachelor's Degree in Accounting, Finance, or a related field.
• 4 years of professional job-related work experience.
• Working toward Certified Public Accountant (CPA) designation preferred.
• Reinsurance experience preferred.

Skills

• Accounting principles for U.S. GAAP.
• Microsoft Office proficiency, especially Excel.
• Process improvement techniques.
• SAP proficiency (preferred).
• Professionalism and communication skills.
• Research and problem-solving skills.

Benefits

• Total Rewards: Salary range $65,000 - $85,000, with additional benefits including medical, dental, vision, prescription drug, health care flexible spending, dependent care flexible spending, Aflac supplemental policies, 401(k) plans, annual bonuses, and stock options.
• Additional benefits include 11 paid holidays, up to 20 days of PTO, and state-mandated sick leave.

Pay

The salary range for this job is $65,000 - $85,000. This range is specific to the job and salary offers consider a wide range of factors that are considered in making compensation decisions, including, but not limited to: education, experience, licensure, certifications, geographic location, and peer compensation.

Schedule

Depending on your location within the continental US, this role may be hybrid or remote. If you live within 50 miles of the Aflac offices located in Columbus, GA or Columbia, SC, this role will be hybrid. If you live more than 50 miles from these locations, this role will be remote.