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Reinsurance Accountant

  • Location:

    New York

  • Sector:

    Accountancy & Finance

  • Job type:

    Permanent

  • Salary:

    US$56000 - US$80000 per annum

  • Contact:

    Joshua Roman

  • Contact email:

    Joshua.Roman@oliverjames.com

  • Job ref:

    JOB-032023-200863_1678735744

  • Published:

    15 dagen geleden

  • Expiry date:

    2023-04-12

  • Startdate:

    ASAP

We are seeking a detail-oriented Accountant to join our Finance department. As an Accountant, you will be responsible for ceded reinsurance reporting, reconciliations, and regulatory reporting duties. You will work with a talented team on cutting-edge projects, with opportunities for growth and development.

  • Conduct insurance/reinsurance accounting activities related to premiums, losses, deposit accounting, collateral, cash allocations, and recoveries.
  • Prepare, validate, and distribute accurate and timely treaty bordereau reports.
  • Prepare and collect treaty settlements, and validate, settle, and collect facultative premiums and claims.
  • Perform cash applications in ceded applications and research open cash items.
  • Research, reconcile, and respond to broker and internal client inquiries.
  • Confirm and reconcile system-generated ceded balances to general ledger source reports monthly.
  • Prepare quarterly and year-end reports.
  • Support internal audit and external GAAP auditors as required.
  • Complete special projects as needed, including data analysis and reconciliations, external reporting, and process improvement projects.
  • Review outstanding reinsurance recoverables' aging collection status and resolve any payment issues.

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