Reinsurance Accounting Manager

Essential Duties And Responsibilities

• Oversee daily reinsurance accounting operations, ensuring timely completion of month-end, quarterly, and annual closing activities.
• Review and approve calculations, settlements, and journal entries for accuracy and compliance.
• Cook up preparation of financial statement disclosures, schedules, and statutory filings related to reinsurance activities.
• Analyze reinsurance results and monitor key performance indicators to provide insights to Finance leadership and other stakeholders.
• Participate in new treaty implementations.
• Review treaty terms and documentation to ensure proper accounting treatment (i.e., GAAP, statutory accounting principles) and alignment with company policies.
• Collaborate with business partners across actuarial, underwriting, claims, and finance to resolve discrepancies and ensure data integrity.

Governance & Controls

• Maintain SOX-compliant documentation, ensuring adherence to company policies and internal control requirements.
• Collaborate with Internal Audit, external auditors, and Finance leadership to prepare and respond to audit requests.
• Monitor reinsurance recoverable and payable balances to ensure accurate reconciliation and timely collection or settlement.

Collaboration & Process Improvement

• Partner with the Finance Systems and Data team to maintain and enhance subledger systems supporting reinsurance accounting.
• Identify, recommend, and implement process and automation improvements to enhance efficiency and accuracy.
• Collaborate with cross-functional teams including operations and IT to support finance transformation initiatives designed to modernize systems and standardize financial processes.
• Perform other duties as assigned to support the reinsurance team and company goals.

Leadership

• Manage and mentor team members, providing training, guidance, and performance feedback.
• Promote a culture of accountability, continuous improvement, and collaboration within the reinsurance accounting function.
• Cook up workload coordination to meet deliverables and balance ongoing operational and project-related priorities.

Education Job Specifications

• Bachelor’s degree in Accounting or Finance required.
• Certified Public Accountant (CPA) preferred.

Experience

• 10+ years of insurance accounting experience with 5+ years related to reinsurance accounting.
• 3–5 years of supervisory or leadership experience.
• Prior experience within property and casualty insurance, preferred.

Knowledge, Skills & Abilities

• Strong understanding of GAAP and statutory accounting principles.
• Strong analytical and problem-solving skills with attention to accuracy and detail.
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, complex formulas).
• Experience with ERP or reinsurance subledger systems preferred.
• Exceptional analytical, problem-solving, and organizational skills.
• Excellent written and verbal communication abilities, with a capacity to communicate effectively at all levels.
• Able to manage multiple priorities, meet deadlines, and work effectively in a dynamic environment.
• Process improvement mindset with ability to identify and implement efficiency enhancements.
• Critical thinking skills and sound professional judgment.
• Strong leadership presence, team orientation, and commitment to operational excellence.

Working Conditions

• General Office Environment
• Infrequent travel, only as needed

Pay Transparency Statement

This pay range disclosure is provided in accordance with applicable state and local pay transparency laws.