Reinsurance Accountant
Core
Manage assigned broker/cedent reinsurance facultative and treaty portfolios by verifying, processing, monitoring, and analyzing accounts, commutation accounts, cash losses, and profit & loss calculations.
Role type
Reinsurance Accountant
Builds
Reinsurance accounting records, cash statements, and regulatory/compliance reports for non-life reinsurance clients.
Domain
Insurance / Reinsurance
Required skills
Reinsurance accounting, treaty terms analysis, cash loss processing, profit & loss calculations, Excel (advanced), data analysis, SOX controls, operational controls
Preferred skills
Cedant premium and loss reserve handling, Letter of Credit & Pledged Securities handling, broker/cedant communication, claims department collaboration, payments & collections coordination, underwriting administration support
Technologies
Excel, Word, PowerPoint
Responsibilities
Verify and process regular accounts, commutation accounts, cash losses, and year-end documents against treaty terms; Handle cedant premium and loss reserve calculations; Monitor and manage cash statements and confirmation letters; Communicate actively with brokers and cedants; Perform periodic SOX and operational controls; Collaborate with Claims, Payments, and Underwriting Administration departments.
Seniority
Mid-level (3-5 years experience preferred)