What are the responsibilities and job description for the Senior Reinsurance Accountant position at Core Specialty Insurance Holdings, Inc.?
The Senior Reinsurance Accountant will be responsible for processing reinsurance transactions including accounting, collections and reporting of reinsurance. This includes analyzing financial statements, reconciliations, and reinsurance research.
Must be available to work a hybrid (3 days in the office/2 days remote) schedule in our Cincinnati headquarters.
Key Accountabilities/Deliverables:
At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program
Must be available to work a hybrid (3 days in the office/2 days remote) schedule in our Cincinnati headquarters.
Key Accountabilities/Deliverables:
- Perform monthly/quarterly cessions of reinsurance treaties and ensure proper accounting treatment for all reinsurance transactions.
- Complete financial analysis and reconciliation of reinsurance related accounts in support of financial statement preparation.
- Prepare and record reinsurance journal entries and payments in Workday.
- Responsible for monthly/quarterly billing to brokers/reinsurers.
- Assist with GAAP and STAT financial schedules.
- Assist in the implementation of a reinsurance system.
- Assist with internal and external audit requests.
- In addition to the above key responsibilities, may be required to undertake other duties from time to time as the Company may reasonably require.
- Ability to research and interpret reinsurance contracts.
- Demonstrates strong attention to detail and organizational skills.
- Possesses strong critical thinking skills with the ability to assess complex accounting issues, apply thoughtful decision-making, and collaborate with key individuals to reach well-reasoned conclusions.
- Microsoft Office skills, specifically with intermediate to advanced Excel skills including filters, pivot tables and complex formulas.
- Knowledge of insurance and reinsurance accounting preferred but not required.
- Minimum of a Bachelor’s degree in accounting or finance required.
- Master’s degree in accounting or finance preferred, but not required.
- 3 years of accounting experience required.
- CPA license preferred, but not required.
At Core Specialty, you will receive a competitive salary and opportunities for professional development and advancement. We offer medical, dental, vision, and life insurances; short and long-term disability; a Company-match of 100% of a 6% contribution 401(k) plan; an Employee Assistance Plan; Health Savings Account, Flexible Spending Account, Health Reimbursement Account, and a wellness program