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This role works closely with underwriting, actuarial, finance, and external reinsurance partners to maintain data integrity, support financial reporting, and improve reinsurance operational processes.
Job Responsibility:
Maintain and analyze reinsurance data related to ceded premiums, losses, recoverables, and commissions in accordance with reinsurance agreements
Prepare and review reinsurance bordereaux, statements, and supporting schedules for reinsurers and brokers
Reconcile reinsurance balances, including recoverables, payables, and cash settlements, and investigate discrepancies
Support monthly, quarterly, and year‑end close processes related to reinsurance accounting under GAAP and/or statutory accounting standards
Assist in calculating reinsurance accruals, funding requirements, and profit‑sharing or sliding‑scale commission arrangements, where applicable
Coordinate with underwriting, actuarial, and finance teams to ensure accurate data flow and alignment between policy, claims, and reinsurance systems
Requirements:
Bachelor’s degree in Accounting, Finance, Risk Management, or a related field
2+ years of experience in reinsurance, insurance accounting, or financial analysis within the insurance industry
Working knowledge of reinsurance structures and insurance accounting concepts
Familiarity with GAAP and/or statutory (STAT) insurance accounting principles
Strong analytical skills with high attention to detail