Responsibilities
- Oversee daily activities, including payables/receivables and general ledger
- Administer existing and new reinsurance agreements according to treaty parameters.
- Create and maintain spreadsheets tracking treaty activity, including claims fund tracking.
- Analyze new reinsurance agreements and recommend and establish procedures for capturing data and reporting to clients and reinsurers.
- Assist brokers with premium projections for new/renewal business.
- Ensure timely, accurate, and complete calculations, recording, reporting and billing in accordance with treaty terms.
- Prepare and record journal entries as required for reinsurance activity.
- Reconcile reinsurance related activity, identify issues, coordinate resolution and take corrective action.
- Assist Insurance Accounting with month-end close including revenue reporting and revenue accruals.
- Manage client, market and financial reporting while simultaneously overseeing payables.
- Coordinate with internal and external auditors during audits, providing necessary documentation and responses to audit inquiries.
- Communicate with supervisors, reinsurers, clients and high-level representatives from other departments (e.g., claims, actuarial, finance).
Requirements
- Bachelor’s degree in accounting or equivalent.
- Minimum of 6 years of relevant experience.
- Proficiency in Excel and Word.
- Ability to coordinate and manage projects, be proactive and deadline-focused.
- Exceptional organization and time-management skills.
- Ability to handle a fast-paced, challenging work environment
Nice to Have
- CPA or Master’s Degree a plus.
- Healthcare reinsurance or Insurance industry experience a plus.
Benefits
- Comprehensive benefits, including medical, dental, vision, disability, life, and retirement savings.
- Base pay is one part of our total compensation package.
- The total compensation for a position may also include other elements dependent on the position offered.
Additional Information
- Ability to work with senior leadership.
