Reinsurance Accounting Manager

Overview

Root was founded on the belief that car insurance is broken, and we set out to change it. We’re harnessing the power of technology to revolutionize this archaic, complicated industry. Using machine learning and mobile telematic platforms, we’ve built one of the most innovative insurtech companies in the world.

Root is looking for a Reinsurance Manager to lead reinsurance accounting, reporting, reconciliations, controls, and related financial operations. This role will partner closely with Accounting, Finance, Actuarial, Legal, Treasury, external brokers, reinsurers, auditors, and cross-functional stakeholders to ensure accurate, timely, and well-controlled financial reporting.

The ideal candidate is a hands-on accounting leader with experience in complex accounting transactions, reinsurance reporting, statutory accounting, reconciliations, process improvement, and team development. This person brings strong ownership, sound judgment, and the ability to lead through ambiguity while managing multiple priorities in a fast-paced, highly regulated environment.

Salary Range
: $112,000 - $139,900 (Eligible for competitive bonus and equity offering)

Root is a “work where it works best” company. Meaning we will support you working in whatever location that works best for you across the US. We will continue to have our headquarters in Columbus, Ohio.

• Lead and oversee reinsurance accounting activities, including month-end close, journal entries, account analysis, reconciliations, and complex reinsurance transactions.
• Own the relationship, preparation, review, and completion of reinsurance reports for brokers, management, reinsurers, auditors, internal cross-functional partners, fronting arrangements, and other stakeholders.
• Support accurate and timely GAAP, statutory, SEC, quarterly, and annual financial reporting.
• Assist with statutory accounting statements, state filings, and other regulatory reporting requirements related to statistical reporting, reinsurance and insurance accounting.
• Develop, maintain, and improve reinsurance accounting procedures, close processes, reconciliation templates, reporting workflows, and control documentation.
• Identify, document, and enhance key controls related to reinsurance accounting, reconciliations, statutory reporting, and financial reporting.
• Drive process improvements, automation, reconciliation enhancements, and scalable reporting solutions.
• Partner cross-functionally to improve data quality, reduce manual effort, strengthen controls, and shorten the close timeline.
• Lead, influence, develop, and grow the existing team through clear direction, coaching, training, and performance development.
• Navigate ambiguity, coordinate multiple projects simultaneously, accept ownership and accountability, and deliver on commitments.
• Use approved AI tools to accelerate work where appropriate, including research, drafting, data cleanup, summarization, workflow automation, and process documentation.
• Support ad hoc accounting, reporting, regulatory, audit, and strategic finance projects as needed.

• 5+ years of relevant accounting and/or finance experience; exposure to property and casualty insurance accounting and/or reinsurance reporting is a plus.
• Bachelor’s degree in accounting or finance.
• Comprehensive knowledge of P&C insurance industry financials, with strong understanding of GAAP & statutory insurance accounting rules.
• Prior people leadership or team management experience.
• Demonstrated ability to lead, influence, develop, and grow a team while maintaining strong cross-functional relationships.
• Strong understanding of state regulatory statutes, statutory reporting requirements, and minimum capital and surplus requirements.
• Solid understanding of NAIC Model Audit Rule and SOX requirements.
• Experience with reinsurance accounting, reporting, settlements, reconciliations, broker/reinsurer reporting, or related insurance accounting processes.
• Strong analytical, root cause analysis, variance resolution, and problem-solving skills.
• Ability to develop relationships with diverse groups and various levels of financial and…