Reinsurance Accountant

Overview

The Captive Reinsurance Accountant role provides crucial support in the evaluation and management of reinsurance contracts, claims, and relationships with reinsurers. The role ensures compliance with company policies, supports efficient claim settlement, and facilitates effective communication and collaboration with reinsurers. The incumbent will contribute to the generation of insightful reinsurance reports and analysis to support informed decision-making within the organization.

• Prepare technical and financial accounting of premium, claims, and reserves based on statements of accounts or bordereaux.
• Review and analyze reinsurance contracts to ensure adherence to company policies and guidelines.
• Manage the processing and settlement of reinsurance claims, ensuring accuracy and efficiency.
• Generate reinsurance reports and conduct analysis to support decision-making.
• Consult internal stakeholders on statutory and reinsurance accounting expertise and guidance.
• Develop and maintain effective relationships with reinsurers.
• Drive continuous process improvement and standardization; identify areas for process improvement and inefficiencies.
• Participate in relevant training to maintain current knowledge of systems, processes, and changes.
• Keep SOPs and training guides up to date for the role and related processes in collaboration with Captive Account Executives.
• Perform other duties and special projects as requested.

• Bachelor’s degree, preferably in Accounting or Finance.
• Minimum of 3 years of experience in reinsurance accounting, insurance, or a similar financial area.
• Proficiency in MS Office, primarily Excel, Outlook, and Teams.
• Skilled at building and maintaining internal and external (carrier) relationships.
• Strong attention to detail and a focus on metrics.
• Strong interpersonal, written, and verbal communication skills; fluent in English.
• Self-motivated and able to work in a fast-paced environment.
• Ability and willingness to travel by car or airplane for meetings, conferences, or other business-related functions.

Hylant is an equal opportunity workplace. All qualified applicants will receive consideration for employment without regard to race, marital status, sex, age, color, religion, national origin, veteran status, disability or any other characteristic protected by law. If you require accommodation, please let us know. Hylant participates in E-Verify.