We are seeking a detail-oriented and experienced Reinsurance Accountant to join our Accounting & Finance team. This role plays a critical part in supporting our growth-focused reinsurance division, working closely with the Reinsurance Accounting Team Leader to ensure the accurate accounting and administration of reinsurance agreements.
Your Impact:
- Administer new and existing reinsurance agreements in line with treaty parameters, ensuring proper accounting treatment for all reinsurance transactions
- Prepare, record, and reconcile journal entries for reinsurance activity, ensuring accuracy and compliance with treaty terms
- Maintain spreadsheets tracking treaty activity, including claims fund tracking and financial reporting
- Perform timely and accurate calculations, recording, reporting, and billing in accordance with reinsurance agreements
- Identify and resolve reconciliation issues related to reinsurance activities, coordinating corrective actions as needed
- Manage client, reinsurer, and internal stakeholder communications, including collaboration with departments such as claims, actuarial, and finance
- Ensure the company meets all reinsurance agreement terms through proactive communication and oversight
- Support audits by preparing relevant financial documentation and responding to audit queries
- Assist the Reinsurance Accounting Supervisor in process improvement initiatives to enhance the efficiency and accuracy of reinsurance accounting operations
Successful Candidates Will Have:
- Bachelor's degree in accounting or a related field; CPA or master’s degree is a plus; Minimum of 5 years of relevant accounting experience, preferably within the insurance or reinsurance industry.
- Strong proficiency in Excel and experience using accounting software.
- Proven ability to manage multiple projects simultaneously in a deadline-driven environment.
- Ability to work independently and as part of a team in a fast-paced, dynamic environment.
Risk Strategies is the 9th largest privately held U.S. brokerage firm offering comprehensive risk management advice, insurance and reinsurance placement for property & casualty, employee benefits, private client services, as well as consulting services and financial & wealth solutions. With more than 30 specialty practices, Risk Strategies serves commercial companies, nonprofits, public entities, and individuals, and has access to all major insurance markets. Risk Strategies has over 200 offices and more than 5,200 employees as part of the Accession Risk Management Group family of companies.
Industry recognition includes being certified a Great Place to Work in 2023 and on the Inc. 5000 list as one of America’s fastest growing private companies. Risk Strategies is committed to being good stewards for our company, culture, and communities by having a strong focus on Environmental, Social, and Governance issues.
At Risk Strategies Company, base pay is one part of our total compensation package, which also includes a comprehensive suite of benefits, including medical, dental, vision, disability, life, and retirement savings, The total compensation for a position may also include other elements dependent on the position offered. The expected base pay range for this position is between $60,000.00 - $70,000.00. The actual base pay offered may vary depending on multiple individualized factors, including geographical location, education, job-related knowledge, skills, and experience.
Risk Strategies is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics. Learn more about working at Risk Strategies by visiting our careers page: www.risk-strategies.com/careers.
