Director/Manager of Reinsurance Accounting
New Today
:
A well-established insurance company is seeking a Director of Reinsurance Accounting to lead its Reinsurance Accounting function. This person will collaborate with accounting personnel to support the company's expanding reinsurance operations. This role oversees the reinsurance accounting team and is responsible for the accurate financial administration of all reinsurance contracts, including compliance with the terms and conditions of each agreement.\
Salary: Up to 200k base for NYC, up to 180k base for Miami
Location: Miami or NYC (3 days/week)
Responsibilities:
Lead and mentor a team of reinsurance accounting professionals, ensuring high performance and continued development.
Oversee the implementation and ongoing administration of reinsurance contracts in alignment with contractual terms.
Analyze and interpret reinsurance agreements, establishing robust systems to ensure accurate recording and reporting.
Ensure the timely and accurate posting of journal entries related to premiums, recoverables, and other reinsurance activity.
Review and approve billing statements and other documentation sent to and received from reinsurance partners.
Oversee month-end and quarter-end financial processes related to reinsurance, including reconciliations and reporting.
Maintain and enhance internal controls for all reinsurance accounting functions.
Serve as a primary point of contact for external auditors and respond to audit requests and inquiries.
Qualifications:
Bachelor’s degree in Accounting, Finance, or a closely related discipline
A minimum of 7 years of relevant accounting experience, including 3+ years in reinsurance or insurance-related financial operations.
Proven leadership capabilities, with experience managing and developing accounting teams.
Strong command of Microsoft Excel; familiarity with Microsoft Office and accounting systems; SQL experience is beneficial.
- Location:
- New York