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Senior Reinsurance Accountant
1 month ago
Any additional information you require for this job can be found in the below text Make sure to read thoroughly, then apply.
Reinsurance experience required And experience with statutory reporting (including Schedule F) required as well
This role will be part of the Finance team in Chicago and responsible for both GAAP and Statutory reinsurance reporting.
RESPONSIBILITIES:
Responsible for assumed & ceded reinsurance reporting, reconciliations, and regulatory reporting duties.
Liaising with the underwriting and reinsurance teams in order to obtain a full understanding of the reinsurance exposures
Conduct insurance/reinsurance accounting activities related to premiums, losses, deposit accounting, collateral, cash allocations, recoveries and reconciliations.
Review outstanding reinsurance recoverables' aging collection status and resolve any payment issues.
Review treaty documentation, verify transactions complies with treaties
Serve as the accounting support during new transactions
Prepare quarterly and year-end reports.
Drive process improvements and automation efforts
REQUIREMENTS:
4-6 years minimum of Accounting professional work experience
Reinsurance Insurance experience required
Advanced skills in Microsoft Excel (i.e., Sum-If, If-Then, Pivot Tables, V-Lookups) required
Experience in insurance/reinsurance or agency required
Bachelor’s or Masters degree in Accounting
CPA is desirable but not required
Experience with statutory reporting software
Strong communication, collaboration, and analytical skills
Proactive approach to work – able to demonstrate initiative, flexibility, adaptability, efficiency, accuracy and thoroughness
If you, or someone you know is interested, please apply today
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