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2025-7710_Finance Analyst-Mid
2 weeks ago
We are looking for a dynamic and engaging Accountant for an opportunity to join an industry-leading Property & Casualty insurance carrier focused on partnering with Reinsurers, MGAs/Program Administrators, and Insurtechs.
We provide access to commercial and personal lines utilizing our admitted and non-admitted capabilities across all 50 states. You would join a deeply experienced and broadly talented operating team where your experience and drive will become instrumental in further growing our business.
In addition to the day-to-day coordination of activities related to internal and external functions supporting the finance department this position is also responsible for but are not limited to the following:
The Senior Accountant will perform all aspects of reinsurance accounting.
Job Responsibilities:
- Payments of deposit premium for XOL treaties
- Quarterly financial ceded premium on XOL treaties - GNWP & GNEP Basis
- XOL treaty True-up calculations
- GL reconciliation - (Premiums Payable XOL) for quarterly close including commentary and each treaty reviewed quarterly
- GL reconciliation - (Premiums Payable QS) - review list of treaties quarterly working to verify accuracy
- QS accounts - Rending and settlements along with applying cash call credits
- Assistance with collateral review and requests - annual process
- LOC maintenance (increases and decreases required)
- Collaborating with appropriate stakeholders for operational set-up of new reinsurance treaty, captive or facultative agreements
- Special reporting required with affiliates
- Facultative loss calculations – financial closings and management reporting
