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Senior Reinsurance Accountant

2 months 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 ensuring the accuracy and timeliness of reinsurance reporting, reconciliations, and regulatory submissions.

Key Responsibilities:
  • Assumed and ceded reinsurance reporting, reconciliations, and regulatory reporting duties
  • Liaise with underwriting and reinsurance teams to obtain a full understanding of 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 payment issues
  • Review treaty documentation and verify transactions comply with treaties
  • Provide accounting support during new transactions
  • Prepare quarterly and year-end reports
  • Drive 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