What are the responsibilities and job description for the Senior Reinsurance Accountant - Remote position at Oliver James Associates?
Senior Reinsurance Accountant - RemotePosition SummaryMy client is seeking a Senior Reinsurance Accountant to support all aspects of assumed treaty accounting for an assigned broker portfolio. This role involves detailed analysis of complex reinsurance contracts, accurate entry into internal systems, cash settlements, and participation in monthly and quarterly close processes. You will also contribute to special projects, system improvements, testing, and ad-hoc reporting.Key ResponsibilitiesAnalyze and process complex monthly and quarterly assumed treaty accounts.Reconcile broker statements and prepare cash disbursements.Review premium and loss bordereaux for treaty compliance and to identify catastrophe or large-loss activity.Investigate, document, and resolve account discrepancies and cash issues.Calculate and process contingent, sliding-scale, and other adjustable commission or premium features.Prepare and update pro-rata claims automatic upload templates.Analyze and process retro quota share accounts.Drive process improvements aimed at efficiency and enhanced analysis.Ensure adherence to SOX controls and internal compliance standards.Assist with preparation of Assumed & Ceded Schedule F.Required Skills & QualificationsStrong understanding of treaty reinsurance accounting principles.Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP).Experience with Snowflake or SQL querying preferred.Education & ExperienceBachelor's degree in Accounting required; MBA or professional designations (e.g., CPCU) preferred.Minimum 5 years of experience in assumed or ceded reinsurance accounting, preferably within P&C.
Salary : $76,600 - $96,300
