Reinsurance Financial Analyst

2 weeks ago


Blue Bell, Pennsylvania, United States PMA Companies Full time
Position Overview

The Financial Analyst role within the Reinsurance sector is crucial for maintaining the financial integrity of our operations. This position entails a variety of responsibilities aimed at ensuring accurate financial reporting and compliance.

Key Responsibilities
  • Journal Entries: Prepare and manage various general ledger journal entries to maintain accurate financial records.
  • Account Reconciliations: Conduct monthly reconciliations for accounts receivable and other balance sheet accounts to ensure accuracy.
  • Cash Collection: Complete cash collection schedules for all business transactions.
  • Allocations: Calculate state and line of business allocations for losses, premium taxes, commissions, and other expense accounts.
  • Reinsurance Reporting: Assist in the calculation and reporting of liability treaty reinsurance amounts.
  • Payment Processing: Process Concur payments for various Reinsurers efficiently.
  • Ad-hoc Reporting: Prepare detailed reports in Excel as required by management.
  • Additional Reconciliations: Undertake other reconciliations as assigned by the finance team.
  • Support Special Projects: Provide additional support with special projects or audit requests as needed.
  • Compliance: Uphold the Company's Code of Business Conduct and Ethics, ensuring adherence to compliance policies and applicable laws.
Qualifications
  • A Bachelor's degree in accounting, finance, or a related field is required.
  • A minimum of one year of experience in accounting, finance, or a related field is essential.
  • Strong verbal and written communication skills are necessary for effective collaboration.
  • Proven critical thinking abilities demonstrating sound analysis and decision-making skills with a focus on detail and quality.
  • Excellent organizational skills with the capability to manage multiple tasks independently.
  • Proficient computer skills, including Microsoft Office Suite and accounting/GL software (EAS preferred).


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