Reinsurance Analyst
About the position
We are seeking a Reinsurance Analyst to join our Reinsurance Accounting team. In this role, you will support the day-to-day reinsurance accounting function by managing a high volume of reinsurance programs, processing program updates, reviewing reports, reconciling data, and ensuring timely and accurate handling of all reinsurance accounting activities. As part of a dynamic team, you will work both independently and collaboratively with internal departments and external partners to resolve issues, enhance reporting accuracy, and maintain compliance with contract terms.
Responsibilities
• Independently manage, review, and process all reinsurance accounting matters for 60+ reinsurance programs, including identifying and resolving program issues.
• Track, review, and respond to incoming correspondence such as reports, payments, queries, and other reinsurance accounting items.
• Maintain full ownership of assigned programs, including tracking program information, updates, renewals, and terminations, and ensuring timely updates to program term checklists.
• Review and interpret reinsurance contract terms and program requirements related to accounting and reporting.
• Create and manage diaries for tracking outstanding reports, payments, and follow-ups with clients, brokers, and internal teams.
• Maintain accuracy of the reinsurance tracker, updating statuses for outstanding, received, and paid reports.
• Review incoming premium bordereau reports, performing advanced Excel analysis to ensure proper premium allocation and resolve discrepancies.
• Identify inconsistencies between program terms and reports and work with external partners or internal team members to correct issues.
• Follow up and track all reinsurance accounting program matters to ensure timely issue resolution.
• File reviewed reports in ImageRight and automation folders for internal records and data extraction.
• Prepare coversheets or calculations for premium booking and submit tasks to Operations for invoicing.
• Monitor incoming correspondence and ImageRight daily to ensure all reports and payments are processed timely.
• Review ImageRight “To-Do List” daily and send invoice numbers to Accounts Receivable for processing.
• Collaborate with internal teams to support program setup, reporting requirements, payment terms, ad hoc reporting, and issue resolution.
• Clearly and accurately communicate program issues to internal and external stakeholders.
• Use Infinity and PeopleSoft systems to review policy and claims data, confirm accuracy, process payments, and generate needed reports.
Requirements
• Bachelor’s degree in Accounting, Finance, Reinsurance, or a related field; or equivalent education/experience.
• Minimum 2 years of progressive experience in Accounting, Reinsurance, or Finance; Infinity and PeopleSoft experience preferred.
• Strong knowledge of GAAP and Statutory Accounting Principles.
• Ability to apply accounting and reinsurance concepts, practices, and procedures.
• Excellent written and verbal communication skills with a focus on accuracy, confidentiality, and professionalism.
• Advanced organizational and analytical skills with the ability to manage multiple tasks independently.
• Proactive awareness of industry, legal, and technical developments.
• Advanced proficiency with Microsoft Office (Excel, Access, PowerPoint, Word).
Nice-to-haves
• Progress toward CPA or Associate in Reinsurance (ARe) designation.
Benefits
• Competitive salary and employee benefit package
• Strong learning culture
• Growth perspectives
• 6% 401(k) match
• 20 days of PTO and 2 Floating Days
• Paid parental leave
• An opportunity to love what you do
Apply tot his job
Apply To this Job
We are seeking a Reinsurance Analyst to join our Reinsurance Accounting team. In this role, you will support the day-to-day reinsurance accounting function by managing a high volume of reinsurance programs, processing program updates, reviewing reports, reconciling data, and ensuring timely and accurate handling of all reinsurance accounting activities. As part of a dynamic team, you will work both independently and collaboratively with internal departments and external partners to resolve issues, enhance reporting accuracy, and maintain compliance with contract terms.
Responsibilities
• Independently manage, review, and process all reinsurance accounting matters for 60+ reinsurance programs, including identifying and resolving program issues.
• Track, review, and respond to incoming correspondence such as reports, payments, queries, and other reinsurance accounting items.
• Maintain full ownership of assigned programs, including tracking program information, updates, renewals, and terminations, and ensuring timely updates to program term checklists.
• Review and interpret reinsurance contract terms and program requirements related to accounting and reporting.
• Create and manage diaries for tracking outstanding reports, payments, and follow-ups with clients, brokers, and internal teams.
• Maintain accuracy of the reinsurance tracker, updating statuses for outstanding, received, and paid reports.
• Review incoming premium bordereau reports, performing advanced Excel analysis to ensure proper premium allocation and resolve discrepancies.
• Identify inconsistencies between program terms and reports and work with external partners or internal team members to correct issues.
• Follow up and track all reinsurance accounting program matters to ensure timely issue resolution.
• File reviewed reports in ImageRight and automation folders for internal records and data extraction.
• Prepare coversheets or calculations for premium booking and submit tasks to Operations for invoicing.
• Monitor incoming correspondence and ImageRight daily to ensure all reports and payments are processed timely.
• Review ImageRight “To-Do List” daily and send invoice numbers to Accounts Receivable for processing.
• Collaborate with internal teams to support program setup, reporting requirements, payment terms, ad hoc reporting, and issue resolution.
• Clearly and accurately communicate program issues to internal and external stakeholders.
• Use Infinity and PeopleSoft systems to review policy and claims data, confirm accuracy, process payments, and generate needed reports.
Requirements
• Bachelor’s degree in Accounting, Finance, Reinsurance, or a related field; or equivalent education/experience.
• Minimum 2 years of progressive experience in Accounting, Reinsurance, or Finance; Infinity and PeopleSoft experience preferred.
• Strong knowledge of GAAP and Statutory Accounting Principles.
• Ability to apply accounting and reinsurance concepts, practices, and procedures.
• Excellent written and verbal communication skills with a focus on accuracy, confidentiality, and professionalism.
• Advanced organizational and analytical skills with the ability to manage multiple tasks independently.
• Proactive awareness of industry, legal, and technical developments.
• Advanced proficiency with Microsoft Office (Excel, Access, PowerPoint, Word).
Nice-to-haves
• Progress toward CPA or Associate in Reinsurance (ARe) designation.
Benefits
• Competitive salary and employee benefit package
• Strong learning culture
• Growth perspectives
• 6% 401(k) match
• 20 days of PTO and 2 Floating Days
• Paid parental leave
• An opportunity to love what you do
Apply tot his job
Apply To this Job