Reinsurance Accountant

We are seeking a highly motivated and detail-oriented Reinsurance Accountant to support our Property & Casualty (P&C) operations. This role is responsible for the accurate accounting, reconciliation, and reporting of ceded and assumed reinsurance transactions. The ideal candidate will have experience in P&C reinsurance programs including treaty, facultative, and excess-of-loss arrangements, and will work closely with internal teams to ensure proper reinsurance execution and financial reporting.

• Process and record monthly, quarterly, and annual reinsurance activity related to ceded and/or assumed P&C reinsurance, including premiums, commissions, losses, and recoverables.
• Review and interpret reinsurance contracts to determine appropriate accounting treatment and ensure compliance with terms.
• Monitor and reconcile ceded premium and loss balances, reinsurance recoverables, and payable positions
• Prepare Schedule F (Parts I-VII) for statutory filings in accordance with NAIC requirements.
• Support quarterly and annual close processes, including journal entries, account reconciliations, and preparation of financial schedules.
• Collaborate with Underwriting, Claims, and Actuarial teams to ensure accurate processing of reinsurance recoveries, reserves, and contract data.
• Work directly with reinsurers and brokers to resolve discrepancies in statements of account (SOAs), cash settlements, and open balances.
• Maintain accurate reinsurance documentation and ensure audit trails for all transactions.
• Assist in reinsurance system implementation, data migrations, or enhancements as needed.
• Support additional tasks aligned with daily financial operations and department workflow, as needed.

• Bachelor's degree in Accounting, Finance, or related field.
• 5+ years of relevant experience in insurance and/or reinsurance accounting, preferably within the P&C industry.
• Understanding of P&C reinsurance structures (quota share, excess-of-loss, facultative, etc.).
• Familiarity with NAIC statutory accounting (especially Schedule
  
  F) and U.S. GAAP.
• Strong proficiency in Excel and experience with accounting or reinsurance systems (e.g., XL Pro).
• Strong analytical, problem-solving, and organizational skills.

• Experience with reinsurance claim recoveries and loss development reporting.
• Working knowledge of reinsurance contracts, loss development, or actuarial collaboration.
• Exposure to regulatory exams and reinsurance audits.

• Strong attention to detail and accuracy.
• Ability to work independently and manage competing priorities.
• Excellent verbal and written communication skills.
• Team-oriented with a proactive, solution-driven mindset.
• Hybrid/remote work arrangement available.
• May require extended hours during month-end and quarter-end close.