Reinsurance Accounting Analyst

4 weeks ago

Stamford, United States Macpower Digital Assets Edge Full time
Job Summary:
  • As a Reinsurance Accounting Analyst will be responsible for technical accounting duties including high level analysis, processing, and booking assumed reinsurance statements in the sub-ledger system of record which includes monthly, quarterly, and annual reporting.
  • This role will have a Hybrid work arrangement, with the expectation of working in an office in Coral Gables, FL or Stamford, CT 3 days a week (Tuesday through Thursday).
  • Looking for two to five years of candidates that have Reinsurance knowledge/experience. Specifically, Reinsurance Accounting but if they understand Reinsurance and have some finance background, understand GAAP, etc., will consider.
Responsibilities:
  • Accurately perform technical accounting duties such as statement analysis, booking premiums and claims transactions, and cash allocation activities
  • Complete financial settlement activities according to policy terms and agreements and timely management of overall cash flow
  • Review and analyze statement submissions ensuring all required supporting documentation has been received
  • Develop strong relationships and work collaboratively with other functional areas (Underwriting, Claims, Finance) and clients to clarify and resolve queries, incorrect data, and missing information to facilitate timely and accurate statement processing
  • Achieve qualitative and granular understanding of accounts and reported balances
  • Leads development, maintenance, and distribution of concise and accurate monthly/quarterly/annual reporting of accounts and ensures regulatory compliance
  • Work on projects as part of the team and takes a lead role as opportunities and special projects are presented and assigned.
Qualifications:
  • Bachelor's degree in accounting/finance or related field desired
  • GAAP accounting & reporting experience desired
  • 3+ years of accounting, reporting or finance experience
  • Bilingual Spanish/English strongly desired
  • Proactive individual with well-developed communication skills, analytical and documentation skills, and with high attention to detail
  • Ability to react and successfully balance multiple competing priorities in a dynamic, fast-paced work environment under strict time constraints
  • Proven track record of taking initiative to research and resolve issues
  • Strong computer skills and desire to learn new applications with advanced MS Excel knowledge
  • High level of discipline and ability to work independently and within a team to drive bottom line results
  • Reinsurance accounting background a plus.

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