Reinsurance Accounting Manager

UFG is currently seeking a Manager, Reinsurance Accounting to be responsible for overseeing the day-to‑day accounting operations, reporting, analysis and compliance of the Company’s reinsurance activities. This role directs the procedures performed by the team to ensure the completeness, accuracy, and timeliness of all reinsurance accounting processes, including ceded and/or assumed transactions, integrity of calculations, reconciliations, and financial disclosures.

Working closely with Finance leadership, Actuarial, and Reinsurance Operations teams, this position provides technical research and other accounting support for treaty execution activities, cash settlements, and reinsurance reporting (GAAP and statutory) processes while maintaining an effective internal control environment. The Manager will play a key role in continuous improvement, driving process optimization, ensuring regulatory compliance, and contributing to the modernization of reinsurance accounting systems and practices.

This position requires strong leadership, analytical, and communication skills, with the ability to collaborate effectively across departments and external partners in a complex, fast‑paced insurance environment.

• Oversee daily reinsurance accounting operations, ensuring timely completion of month‑end, quarterly, and annual closing activities.
• Review and approve calculations, settlements, and journal entries for accuracy and compliance.
• Coordinate preparation of financial statement disclosures, schedules, and statutory filings related to reinsurance activities.
• Analyze reinsurance results and monitor key performance indicators to provide insights to Finance leadership and other stakeholders.
• Actively participate in new treaty implementations.
• Review treaty terms and documentation to ensure proper accounting treatment (i.e., GAAP, statutory accounting principles) and alignment with company policies.
• Collaborate with business partners across actuarial, underwriting, claims, and finance to resolve discrepancies and ensure data integrity.

• Maintain SOX‑compliant documentation, ensuring adherence to company policies and internal control requirements.
• Collaborate with Internal Audit, external auditors, and Finance leadership to prepare and respond to audit requests.
• Monitor reinsurance recoverable and payable balances to ensure accurate reconciliation and timely collection or settlement.

• Partner with the Finance Systems and Data team to maintain and enhance subledger systems supporting reinsurance accounting.
• Identify, recommend, and implement process and automation improvements to enhance efficiency and accuracy.
• Collaborate with cross‑functional teams including operations and IT to support finance transformation initiatives designed to modernize systems and standardize financial processes.
• Participate in special projects, including integrations, migrations, and regulatory change implementations.
• Perform other duties as assigned to support the reinsurance team and company goals.

• Manage and mentor team members, providing training, guidance, and performance feedback.
• Promote a culture of accountability, continuous improvement, and collaboration within the reinsurance accounting function.
• Coordinate workloads to meet deliverables and balance ongoing operational and project‑related priorities.

• Bachelor’s degree in Accounting or Finance required.
• Certified Public Accountant (CPA) preferred.

• 10+ years of insurance accounting experience with 5+ years related to reinsurance accounting.
• 3–5 years of supervisory or leadership experience.
• Prior experience within property and casualty insurance preferred.

• Strong understanding of GAAP and statutory accounting principles.
• Strong analytical and problem‑solving skills with attention to accuracy and detail.
• Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, complex formulas).
• Experience with ERP or reinsurance subledger systems preferred.
• Exceptional analytical, problem‑solving, and organizational skills.
• Excellent written…