Captives Claim Accountant

The Claims Accountant is responsible for managing and analyzing financial transactions related to insurance claims. This role ensures the accuracy of claims payments, reserves, and reporting while maintaining compliance with regulatory requirements and company policies. The position works closely with the claims department, accounting, and auditors to improve financial processes and support strategic decision-making.

• Track, reconcile, and analyze loss payments to ensure accuracy and proper accounting treatment.
• Reconcile claims bank accounts daily/monthly and resolve discrepancies between bank statements, claims disbursements, and accounting records.
• Reconcile TPA funds held balance.
• Ensure timely and accurate month‑end and year‑end closings related to claims.
• Identify and resolve discrepancies in claims transactions.
• Develop and implement process improvements to increase efficiency and accuracy.
• Partner with the claims department to support accurate claims processing.
• Handle all requests from other departments, teams or clients and handle ad‑hoc requests from cross‑functional departments.
• Monitor TPA transactions and make sure all transactions are booked correctly.

• Bachelor’s degree in Accounting, Finance, or related field with at least 2 years of accounting experience (insurance or financial services preferred).
• Strong understanding of GAAP, IFRS, and insurance claims accounting, with proficiency in accounting and financial reporting software.
• Excellent analytical, reconciliation, problem‑solving skills, and high attention to detail and accuracy.
• Effective communicator with strong collaboration skills; able to work independently, manage multiple priorities, and perform well in a fast‑paced environment.

Pay Range: $51,800 - $75,000 Annual

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80 Intermediaries is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics.