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Full Job Description
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The Reinsurance Accounting Manager will oversee and manage the
financial processing of reinsurance transactions including accounting,
collections and reporting of reinsurance. This includes analyzing
financial statements, reconciliations, and reinsurance research.
Key Accountabilities:
-
Review and approve
monthly/quarterly cessions of reinsurance treaties and ensure proper
accounting treatment for all reinsurance transactions -
Complete financial analysis and reconciliation of
reinsurance related accounts in support of financial statement
preparation -
Approve reinsurance journal entries and
payments in Workday -
Approve monthly/quarterly billing
to brokers/reinsurers -
Prepare GAAP and STAT financial
schedules, including Schedule F -
Collaborate with
underwriting divisions to ensure proper translation of reinsurance
treaties -
Manage the implementation of a reinsurance
system -
In addition to the above key responsibilities,
may be required to undertake other duties from time to time as the
Company may reasonably require
Technical
Knowledge:
-
Ability to research and interpret
reinsurance treaty language -
Demonstrates strong
attention to detail and organizational skills -
Microsoft Office skills, specifically with intermediate to
advanced Excel skills including filters, pivot tables and complex
formulas -
Knowledge of reinsurance accounting
preferred but not required
Experience:
-
Bachelor’s degree in accounting or finance required
-
5+ years of accounting experience, insurance
accounting experience preferred
–
At Core
Specialty, you will receive a competitive salary and opportunities for
professional development and advancement. We offer medical, dental,
vision, and life insurances; short and long-term disability; a
Company-match of 100% of a 6% contribution 401(k) plan; an Employee
Assistance Plan; Health Savings Account, Flexible Spending Account,
Health Reimbursement Account, and a wellness program
