Senior Reinsurance Accountant

2 days ago


Chicago, Illinois, United States Brilliant Staffing Full time
Senior Reinsurance Accountant

Brilliant Staffing is seeking a highly skilled Senior Reinsurance Accountant to join our client's Finance team in Chicago. As a key member of the team, you will be responsible for both GAAP and Statutory reinsurance reporting.

Key Responsibilities:
  • Assumed & ceded reinsurance reporting, reconciliations, and regulatory reporting duties.
  • Liaising with the underwriting and reinsurance teams to obtain a full understanding of reinsurance exposures.
  • Conducting insurance/reinsurance accounting activities related to premiums, losses, deposit accounting, collateral, cash allocations, recoveries, and reconciliations.
  • Reviewing outstanding reinsurance recoverables' aging collection status and resolving payment issues.
  • Reviewing treaty documentation and verifying transactions comply with treaties.
  • Serving as accounting support during new transactions.
  • Preparing quarterly and year-end reports.
  • Driving process improvements and automation efforts.
Requirements:
  • 4-6 years 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 Master's 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.


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