What are the responsibilities and job description for the Reinsurance Accountant (Hybrid) position at Intact Specialty Solutions?
Our employees are at the heart of what we do: helping people, businesses and society prosper in good times and be resilient in bad times. When you join our team, you are bringing this purpose to life alongside a passionate community.
Feel empowered to learn and grow while being valued for who you are. At Intact, we commit to supporting you in reaching your goals with tools, opportunities, and flexibility. It’s our promise to you.
Who we are
At Intact Insurance Specialty Solutions, we are experts at what we do in protecting what makes businesses unique. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups.
Intact’s Global Specialty Lines business spans across more than 20 verticals in four distinct markets: U.S., Canada, UK and Europe. The following opportunity is for our U.S. team.
The opportunity
We currently have an opportunity for a Reinsurance Accountant to join our Finance team in our Plymouth, MN office. The Reinsurance Accountant is responsible for moderately complex reinsurance focused activities relating to the creation of IFRS and statutory financial statements, and for internal management reporting, including analysis and interpretation of reinsurance data, reinsurance systems and reinsurance data flows, general ledger account reconciliations for reinsurance related accounts and support of the finance control environment. Some of the Reinsurance Accountant responsibilities include but are not limited to:
- Assists in the preparation and review of monthly reinsurance financial statements, both internally and externally, including statutory and IFRS required reports.
- Analyzes and interprets reinsurance data from several source systems and data warehouses.
- Works with internal and external audit to maintain and support the control environment, including account reconciliations, ensuring compliance with established policies and procedures.
- Prepares journal entries and standard accruals for month end reinsurance closings including intercompany transactions.
- Assists in the reinsurance monthly close process.
- Prepares reinsurance account reconciliations and performs maintenance, analysis and research of reinsurance general ledger accounts.
- Performs ad-hoc analysis and reporting for management as required.
- The management team is willing to train in reinsurance.
The expertise you bring
- Bachelor’s degree required.
- 1-3 years of related reinsurance experience.
Our salary ranges are determined by many factors including location, role, experience and skillset of the candidate. The following ranges displayed reflect the target base salary for new hires, but your recruiter will share more specific compensation information with you during the hiring process. The typical base salary range for this position is: $62,000 – $88,000, based on the factors aforementioned. For candidates located in San Francisco, CA and the New York City metro area, the base salary range is $79,000 -$92,000. In addition to base salary, full time Intact employees are also eligible for bonus potential and a full range of benefits to include but not limited to:
- Comprehensive medical, dental and vision insurance with no waiting period
- Competitive paid time off programs
- 401(k) savings and annual contributions of up to 12% of annual salary
- Mental health support programs, life and disability insurance, paid parental leave and a variety of additional voluntary benefits
This position will remain posted until a final candidate is selected. Once the role is filled, this job posting will be removed.
Why choose Intact
We live our Values: We are committed to acting with the highest of ethical standards through our five core values: integrity, respect, customer driven, excellence and social responsibility.
Our commitment to Diversity: Founded in our values, we see diversity as a strength and aspire to create an environment where everyone can be themselves, grow and succeed. Together, we will stand up for what’s right to build an inclusive society.
Manage your Time: What you accomplish matters more than hours in the office. We are committed to creating a positive and supportive environment in which you perform your best. Our Time-Off and Flexible Work Arrangement options help foster a healthy work-life balance.
Check out our Glassdoor reviews to see why people love working for Intact!
Our promise to you
Our Values are foundational to our success at Intact. You’ll make a difference every day when you live our Values, do your best work, are open to change, and invest in yourself.
In return, we promise you support, opportunities, and performance-led financial rewards in a flexible work environment where you can:
- Shape the future: Help us lead an insurance transformation to better protect people, businesses, and society.
- Win as a team: Collaborate with inspiring people to do your best work every day and together, stand up for what is right.
- Grow with us: Refresh and reinvent your skills, learn from our diverse teams, lift others up, and grow.
About Intact
At Intact Insurance Specialty Solutions we are experts at what we do. Our deep understanding of the specialty insurance market is the foundation for our customized solutions, backed by targeted risk control and claims services. Our employees are passionate about providing insurance coverage that’s aligned to our targeted customer groups. Today, we help protect over a dozen industries with tailored coverages and services.
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Salary : $79,000 - $92,000
