Accounting and Claims Associate

## Accounting and Claims Associate Apply:
Edina – 7701 France Avenue South:
Full time:
Posted Today:
End Date:
December 21, 2026 (30+ days left to apply):
R0019816

Howden Re is the global reinsurance broker and risk, capital & strategic advisor focused on relentless innovation & superior analytics for top client service.  About Role
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* Primary Responsibilities:

*** Receive initial loss notices, loss status updates and proofs of loss from clients and forward to applicable reinsurers.
* Confirm coverage under treaty review contract wording for retention & limit, LAE treatment, loss reporting requirements, loss attachment basis, etc.
* Prepare / review loss calculations to ensure accuracy and compliance with contract terms
* Process claims transactions in accounting and claims system
* Track the status of reinsurer settlements, periodically following for payment as necessary; promptly forward collected funds to client
* Attendance at client claims audits as needed
* Perform all reinsurance accounting functions for selected client accounts and provide backup coverage for other accounts as needed.
* Review new contract wordings for key terms and input into the accounting and claims system
* Monitor contractual reporting and payment due dates and request premiums and accounts from clients to ensure timely receipt
* Prepare reporting forms and adjustment calculations for client use as needed
* Review client accounts and adjustment calculations for accuracy and compliance with contract terms; process accounting transactions in accounting and claims system
* Assist Clients with calculation of their Schedule F funding requirements and obtain Letters of Credit from Reinsurers, ensuring that all beneficiary requirements are met, and documents are received prior to company deadline
* Promptly forward all funds to payees in a timely manner
* Monitor brokerage revenue forecast and update as needed
* Monitor approval status of reinsurers and obtain approval of new reinsurers as needed
* Assist in the maintenance of reinsurer database
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* Qualifications:

*** Bachelor’s Degree
* Proficient with Microsoft Office Products, including Excel
* Proven team player
* Excellent communication skills
* Outstanding organizing abilities
* Strong attention to detail
* Solid analytical acumen
* Understanding of accounting and financial reporting principles and
* Legally authorized to work in the US
* The expected compensation range for this role is $65,000 per year.
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