Permanent. Reinsurance Accountant
Job Reference: 993406
The Agency is recruiting for a Reinsurance Accountant on behalf of a client.
Why Apply for the role:
Professional Development: Engage in continuous learning and career growth, with opportunities to work closely with senior management and industry leaders.
Collaborative Environment: Thrive in a team-oriented culture that values your contributions and encourages cross-functional collaboration.
Regulatory Compliance Focus: Enhance your skills in ensuring accuracy and compliance with GAAP and regulatory standards, a critical aspect of the financial industry.
Responsibilities
- Ensure reconciliation of reinsurance transactions are accurate and in line with GAAP and regulatory requirements.
- Handle premiums, claims, commissions and prepare journal entries, account reconciliations and financial reports.
- Assist in preparing financial statements and regulatory filings for client operations and reinsurance activities.
- Evaluate reinsurance contracts to determine the appropriate accounting treatment for revenue and expenses.
- Liaise with external auditors during financial audits, providing required documentation and explanations.
- Work with underwriting and claims departments to validate reinsurance data and address discrepancies.
- Streamline reinsurance accounting procedures and enhance efficiency.
Requirements:
- Bachelor’s degree in a relevant field such as Accounting or Finance, or a related field.
- Professional Qualification such as CPA is required.
- At least 5 years of accounting experience in the reinsurance, insurance, or financial services industries.
- Strong understanding of accounting principles and practices.
- Proficiency in accounting software and Microsoft Excel.
- Experience with Microsoft accounting systems is a plus.
- Excellent analytical skills with the ability to interpret financial data and perform complex reconciliations.
If you are a detail-oriented professional with a strong background in reinsurance accounting and eager to contribute to a dynamic team, we encourage you to apply. Join our client and advance your career in a supportive and innovative environment.
We believe in inclusive workplaces and we are happy to consider any reasonable adjustments that candidates may require during the recruitment process; you will be asked if you require any during the application process. If you’d like to request additional options, please email Patrick@theagency.ky.