Senior Reinsurance Accountant

2 weeks ago


Chicago, United States Brilliant Staffing LLC Full time
Our client, a global insurance company, located in downtown Chicago (Hybrid role: 2-3 days in office), is looking for a Contract-to-Hire Senior Reinsurance Accountant to join their team.

Do you have the right skills and experience for this role Read on to find out, and make your application.

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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