Senior Accountant, Reinsurance

We’re looking for an experienced Senior Accountant to help us strengthen our reinsurance process. You’ll be driving automation, transparency, and greater efficiency within the company’s reinsurance accounting and reporting. Global reinsurance reporting will be your responsibility—from day-to-day accounting to supporting infrastructure and system solutions to help us scale.In this role you’llPrepare monthly assumed and ceded reinsurance calculations and record journal entriesPrepare monthly contingent commission calculations and journal entriesEnsure reinsurance bordereaux preparation and reporting are processed accurately and timelyDevelop the assumed and ceded analytics to ensure significant monthly fluctuations are properly addressedReconcile reinsurance balance sheet accounts in compliance with SOX guidelinesSupport reinsurance system solution implementationPrepare reinsurance disclosures for 10-Q/K and other US and EU regulatory reportingWork closely with auditors and other stakeholders to ensure compliance and address any issues or concernsManage cash settlement with cedents and reinsurers (through intermediaries)Perform quarterly Current Expected Credit Loss (CECL) analysis as it relates to our reinsurance programMonitor collateral needs including funds held and LOC’sAnalyze reinsurance agreements for risk transfer and proper accounting treatmentProvide input on reinsurance structure and modelingMaintain and develop documentation for processes, operating controls and SOX controlsWhat you’ll need4+ years of experience with P&C reinsurance accounting (preferably for a global company)Bachelor's Degree in Accounting or FinanceKnowledge of US GAAP and US Statutory accounting Knowledge of IFRS, a plusCPA, preferred Workday ERP system experience, preferredAbility to develop strong partnerships with key stakeholders both internally and externallyProject management skills and adept at juggling multiple responsibilities and deadlinesSuperior Excel skillsExperience in implementing system solution, an advantageAbility to work remotely Enthusiasm about learning and adapting to the exciting world of AI – a commitment to exploring this field is a fundamental part of our culturePlease note that we are unable to sponsor applicants for work visas.Unfortunately, we cannot consider applicants from these states; Colorado, California, Montana, Hawaii, New Mexico and Puerto Rico.The starting base range for this position is between $95,000 and $112,500 per year. Base pay is one component of Lemonade's total compensation package, which will also include equity in the form of RSUs, access to healthcare benefits, 401(k) plan with company match, robust PTO, parental leave, and more.

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