What are the responsibilities and job description for the Accounting Operations Manager - Reinsurance position at Vaco by Highspring?
Role: Accounting Operations Manager - Reinsurance
Salary:$140,000 - $175,000/annually
Location:NYC or Northern NJ (Hybrid schedule, flexible work from home)
About the role:A leading insurance organization is seeking a skilled professional to oversee the financial and operational aspects of its reinsurance activities. This role is focused on managing the full lifecycle of ceded reinsurance transactions, ensuring accuracy in financial reporting, and driving process improvements across systems and teams. The ideal candidate will have a strong foundation in reinsurance accounting, experience interpreting complex treaty structures, and a collaborative approach to working across departments such as IT, Finance, and Risk.
Responsibilities:
- Lead the coordination and execution of reinsurance-related financial entries, reconciliations, and reporting across multiple business units.
- Translate treaty terms into actionable processes and ensure compliance with contractual and regulatory standards.
- Collaborate with data and systems teams to enhance reporting tools and automate workflows.
- Maintain documentation for operational procedures, system configurations, and internal controls.
- Manage reinsurance recoverables, billing, and cash applications, ensuring timely and accurate processing.
- Support month-end close activities and contribute to regulatory filings and internal audits.
- Provide insights and recommendations to improve upstream data quality and system performance.
Requirements:
- 5 years of experience in reinsurance operations or accounting.
- Bachelor's degree in Finance, Accounting, or a related field; advanced degrees or certifications are a bonus.
- Strong understanding of treaty structures.
- Ability to interpret and apply complex contract language to financial processes.
- Advanced Excel skills; experience with ERP systems and automation tools is a plus.
- Excellent communication and organizational skills.
Vaco by Highspring values a diverse workplace and strongly encourages women, people of color, LGBTQ individuals, people with disabilities, members of ethnic minorities, foreign-born residents, and veterans to apply.
Vaco by Highspring is an Equal Opportunity Employer and does not discriminate against any employee or applicant for employment because of race (including but not limited to traits historically associated with race such as hair texture and hair style), color, sex (includes pregnancy or related conditions), religion or creed, national origin, citizenship, age, disability, status as a veteran, union membership, ethnicity, gender, gender identity, gender expression, sexual orientation, marital status, political affiliation, or any other protected characteristics as required by federal, state or local law.
Vaco by Highspring and its parents, affiliates, and subsidiaries are committed to the full inclusion of all qualified individuals. As part of this commitment, Vaco by Highspring and its parents, affiliates, and subsidiaries will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact HR@vaco.com .
Vaco by Highspring also wants all applicants to know their rights that workplace discrimination is illegal.
By submitting to this position, you agree that you will be giving Vaco by Highspring the exclusive right to present your as a candidate for the foregoing employment opportunity. You further agree that you have represented information about yourself accurately and have not affirmatively misrepresented your qualifications. You also agree to maintain as confidential, to the fullest extent permitted by law, any information you learn from Vaco by Highspring about the position and you will limit disclosure of information about the position only to the extent necessary to perform any obligations in furtherance of your application. In exchange, Vaco by Highspring agrees to exercise reasonable efforts to represent you through all solicitation, job screening and resume dispersal.
Vaco by Highspring and its parents, affiliates, and subsidiaries ("we," "our," or "Vaco by Highspring") respects your privacy and are committed to providing transparent notice of our policies.
- California residents may access Vaco by Highspring HR Notice at Collection for California Applicants and Employees here.
- Virginia residents may access our state specific policies here.
- Residents of all other states may access our policies here.
- Canadian residents may access our policies in English here and in French here.
- Residents of countries governed by GDPR may access our policies here.
Determining compensation for this role (and others) at Vaco by Highspring depends upon a wide array of factors including but not limited to:
- the individual's skill sets, experience and training;
- licensure and certification requirements;
- office location and other geographic considerations;
- other business and organizational needs.
With that said, as required by local law, Vaco by Highspring believes that the following salary range referenced above reasonably estimates the base compensation for an individual hired into this position in geographies that require salary range disclosure. The individual may also be eligible for discretionary bonuses.
Salary : $140,000 - $175,000
