More jobs:
AVP, Reinsurance Accounting
Job in
Boston, Suffolk County, Massachusetts, 02298, USA
Listed on 2026-05-26
Listing for:
Vaco Recruiter Services
Full Time
position Listed on 2026-05-26
Job specializations:
-
Accounting
Senior Accountant, Financial Reporting -
Finance & Banking
Financial Reporting
Job Description & How to Apply Below
We are seeking an experienced and detail?oriented AVP, Reinsurance Accounting to support financial reporting, reinsurance accounting operations, and cross?functional collaboration within a dynamic insurance environment. This role is ideal for a hands?on accounting leader with deep technical expertise in reinsurance and strong knowledge of U.S. GAAP, statutory accounting principles, and financial controls.
Key Responsibilities- Oversee day?to?day reinsurance accounting activities, including premium and loss accounting, recoverables, payables, and settlements
- Ensure accurate and timely processing of reinsurance transactions in accordance with U.S. GAAP and statutory requirements
- Review and analyze reinsurance balances, including recoverables, payables, and collateral, ensuring accuracy and completeness
- Support monthly, quarterly, and annual close processes, including journal entry review, account reconciliations, and variance analysis
- Partner with underwriting, actuarial, claims, and treasury teams to ensure consistent interpretation and application of reinsurance contracts
- Prepare and review financial schedules and reporting related to reinsurance for internal management, auditors, and regulators
- Assist with internal and external audits, including preparation of supporting documentation and responses to audit inquiries
- Identify opportunities to improve processes, controls, and reporting efficiency within reinsurance accounting
- Provide technical accounting guidance related to reinsurance transactions and new or complex contractual arrangements
- Mentor and review work of junior accounting staff as needed
- Bachelor’s degree in Accounting, Finance, or a related field (CPA strongly preferred)
- 7+ years of progressive experience in insurance accounting, reinsurance accounting, and/or public accounting with insurance clients
- Strong knowledge of reinsurance structures, including treaty and facultative arrangements
- Solid understanding of U.S. GAAP and statutory accounting principles applicable to insurance organizations
- Experience with financial close processes, account reconciliations, and audit support
- Advanced Excel skills; experience with insurance accounting systems or ERPs is a plus
- Proven ability to manage multiple priorities, meet deadlines, and work cross?functionally
- Strong analytical, communication, and documentation skills
- Ability to operate independently while contributing effectively within a collaborative team environment
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