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AVP, Reinsurance Accounting

Job in Boston, Suffolk County, Massachusetts, 02298, USA
Listing for: Vaco Recruiter Services
Full Time position
Listed on 2026-05-26
Job specializations:
  • Accounting
    Senior Accountant, Financial Reporting
  • Finance & Banking
    Financial Reporting
Salary/Wage Range or Industry Benchmark: 100000 - 125000 USD Yearly USD 100000.00 125000.00 YEAR
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
Qualifications
  • 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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