What are the responsibilities and job description for the Reinsurance accounting AVP position at Madison-Davis, LLC?
Overview
Highly specialized insurance accounting leadership opportunity focused on ceded reinsurance and regulatory reporting within a large, complex risk platform. This role will lead a small team and own core accounting, reporting, reconciliation, and audit-facing responsibilities tied to reinsurance balances and treaty activity. The position is designed for someone operating at a senior manager or assistant vice president level today who wants broader ownership, people leadership, and a potential path toward a VP-level seat over time.
This is not a general insurance accounting role — it is a niche technical role requiring deep ceded reinsurance accounting expertise and strong exposure to statutory reporting, treaty analysis, and recoverable management.
Key Responsibilities
- Oversee all accounting activities related to ceded reinsurance and retrocession arrangements
- Manage reinsurance-related close processes, reconciliations, journal activity, and supporting schedules
- Own regulatory and statutory reporting deliverables, including Schedule F and related disclosures
- Review and analyze treaty structures including pro rata and excess of loss arrangements
- Monitor collateral positions, recoverables, commissions, and settlement activity
- Serve as primary contact for auditors on reinsurance-related matters, supporting reviews, documentation, and filings
- Supervise and mentor a small team, reviewing output while remaining hands-on in execution
- Partner cross-functionally with finance, actuarial, underwriting, and compliance stakeholders
- Identify process improvements, strengthen controls, and help enhance operational efficiency
- Support broader function growth, with opportunity to step into expanded leadership responsibilities over time
Qualifications
- 10 years of progressive experience in insurance or reinsurance accounting, with significant ceded reinsurance focus
- Direct ownership of ceded/retrocession accounting processes (not review-only or audit-only exposure)
- Strong knowledge of treaty structures including quota share, pro rata, and excess of loss
- Experience with Schedule F, statutory reporting, collateral balances, and recoverables
- Prior ownership of close, reconciliations, and auditor interaction
- Team management or mentorship experience required
- Background from a carrier, specialty insurer, or reinsurance platform strongly preferred
- Systems exposure such as SAP, Oracle, or similar platforms is a plus
- Process improvement or automation experience is beneficial
Salary : $170,000 - $190,000