Reinsurance Accounting Manager Job South Jordan area,Utah USA,Accounting

Position: REINSURANCE ACCOUNTING MANAGER

Job Details

Job Location:

South Jordan, UT 84095

Position Type:
Full Time

Position Summary

The Reinsurance Accounting Manager is responsible for the accounting, reconciliation, and reporting of profit participation and reinsurance positions across Alpha Warranty Services’ dealer reinsurance companies, 831(b) captive entities, and related insurance structures. This role manages reserve funding, cession accounting, earnings calculations, and entity‑level financial reporting.

Core Responsibilities Reinsurance and Profit Participation Accounting

Manage reserve funding across 100+ reinsurance companies (monthly cycle, strict accuracy and timeline requirements)
Prepare and reconcile cession accounting — contract‑to‑entity positioning, ITD calculations, prior period adjustments
Calculate and report profit participation distributions by entity
Maintain earnings curve allocations across 831(b) entities (once systematized — currently manual with known accuracy issues)
Reconcile trust‑to‑cession balances

Financial Reporting and Close

Prepare entity‑level financial statements (monthly/quarterly)
Support month‑end close for reinsurance and profit participation accounts
Prepare commissions, admin fees, and clip fee reconciliations
Validate data between PCRS, Launch Pad, and Acumatica
Support external audit requests for reinsurance and captive entities

Process Ownership

Own the monthly cession reconciliation process (contract file to GL, dollar‑for‑dollar)
Identify and resolve variances between admin system (PCRS) and accounting system (Acumatica)
Document and maintain standard operating procedures for all profit participation and reinsurance accounting processes
Flag routing or configuration errors in Launch Pad and coordinate remediation

Qualifications

Required Qualifications

Bachelor’s Degree in accounting, finance or business
10+ years in accounting, with significant time in reinsurance, warranty/VSC, or insurance accounting
Direct experience with reserve funding, cession accounting, and profit participation calculations
Advanced Excel (this role involves heavy reconciliation work)
Experience with financial reporting and month‑end close processes
Demonstrated ability to work independently with minimal supervision

Preferred Qualifications

Experience in the vehicle service contract or extended warranty industry specifically
Familiarity with AO (administrator/obligor) accounting structures
Experience with ERP systems (Acumatica, Great Plains/Dynamics GP, Net Suite)
Experience supporting audit processes for reinsurance or captive insurance entities

What’s in it for you?

An exceptionally supportive company culture that places people over profit
Consistent Monday–Friday schedules
Fair and competitive compensation
Health insurance options with generous company contributions
Dental and Vision coverage
Life and Disability insurance (100% company paid + options for more)
Competitive 401k match program
Paid Time Off (PTO) and Paid Holidays
Paid Volunteerism Time Off (VTO) to support your community
Legal and Pet insurance options
Free Roadside Assistance for your personal vehicle
Tuition Assistance Program
Ongoing professional training and development
Employee incentive and recognition programs
A state‑of‑the‑art office building with outstanding features and amenities, including free onsite fitness center, basketball court, game room with bowling alley, and electronically adjustable workstations

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