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Senior Reinsurance Accountant in Raleigh, NC with Greene Resources

Date Posted: 8/27/2018

Job Snapshot

Job Description


Job Number: 31170


Senior Reinsurance Accountant


Job Description:

Our client is a well-capitalized, leading diversified insurer that focuses on supplying significant capacity to the global reinsurance marketplace with an office in Raleigh, NC. They are seeking an experienced Senior Reinsurance Accountant to perform all aspects of treaty accounting for assigned brokers including thorough account analysis, entry into reinsurance system, and cash settlement. This person will participate in the preparation of monthly closing reports and quarterly underwriting results. This is a full-time, direct hire opportunity with a company that offers competitive benefits and PTO.


Responsibilities:


  • Analyze and process monthly/quarterly treaty reinsurance accounts

  • Reconcile broker invoices to supporting documentation

  • Review premium and loss bordereaux to ensure compliance with treaty terms and to identify catastrophe or large loss activity

  • Prepare/apply cash receipts and disbursements for assigned brokers

  • Document and resolve account or cash issues

  • Confirm and process adjustable features on contingent and sliding scale commissions as well as premium adjustments

  • Assist in the preparation of Assumed and Ceded Schedule F

  • Follow-up on settlement of overdue account receivable balances and missing accounts

  • Participate in the preparation of monthly and quarterly reports


Education Requirements:


  • Bachelor's Degree in Accounting or equivalent


Desired Background/Skills:



    Qualifications:


    • +5 years assumed and ceded Reinsurance Accounting experience

    • Strong analytical and problem-solving skills

    • Ability to manage multiple priorities and stay organized

    • Excellent written and verbal communication skills

    • Ability to work independently and as part of a team

    • Proficient Microsoft Excel, specifically in pivot table and v-lookup functionality

    • Experience with Microsoft Access including query creation


    Other Information: