Role: Reinsurance Accountant
Job Responsibilities- Payments of deposit premium for XOL treaties
- Quarterly financial ceded premium on XOL treaties - GNWP & GNEP Basis
- XOL treaty True-up calculations
- GL reconciliation - (Premiums Payable XOL) for quarterly close including commentary and each treaty reviewed quarterly
- GL reconciliation - (Premiums Payable QS) - review list of treaties quarterly working to verify accuracy
- QS accounts - Rending and settlements along with applying cash call credits
- Assistance with collateral review and requests - annual process
- LOC maintenance (increases and decreases required)
- Collaborating with appropriate stakeholders for operational set-up of new reinsurance treaty, captive or facultative agreements
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- Special reporting required with affiliates
- Facultative loss calculations - financial closings and management reporting
Required Skills/Experience
- 3 to 5 years experience working in Accounting/Finance with emphasis in the insurance/reinsurance industry.
- Ability to demonstrate critical thinking and analysis.
- Desire to pursue innovation and improvement
- Has strong interpersonal, communication, and organization skills.
- Proficient Excel skills: Pivot tables, v-lookups; Reinsurance Pro
Education
Degree in Accounting/Finance
