Accountant I, Reinsurance

Safety National•Maryland Heights, MO

11d•$61,000 - $77,500•Hybrid

About The Position

Safety National is hiring an Accountant I, Reinsurance in its Accounting & Finance department. The role supports accurate and timely reinsurance accounting and financial reporting, with exposure to ceded and assumed reinsurance, Loss Portfolio Transfers (LPTs), and fronting business. The accountant works alongside experienced accounting professionals and contributes to essential financial operations while developing knowledge of the insurance and reinsurance industry. The position includes maintaining accounting functions in reinsurance systems; posting cash transactions; preparing premium and claims adjustments; and processing reinsurance payments and wire transfers. It also involves reconciling general ledger, escrow, and bank accounts; preparing monthly, quarterly, and annual financial statements; and assisting with month-end close activities, including journal entries, invoices, and claims adjustments. The accountant prepares financial reports, compiles audit supporting documentation, and collaborates with internal departments and external business partners. The role may also support special projects and evolving business needs. The position has a hybrid schedule requiring at least three days per week in the St. Louis Corporate Office. Employees must submit work-from-home requests and follow the company's Work From Home policy.

Requirements

Coursework or professional experience in accounting.
Excellent organizational skills and a high level of accuracy and attention to detail.
Ability to work independently and collaboratively within a team environment.
Dependable, motivated, and adaptable, with the ability to maintain a positive attitude in a fast-paced environment with changing priorities.
Proficiency in Microsoft Office, including Excel and Outlook.
Must be presently authorized to work in the U.S. without requiring work authorization sponsorship from the company now or in the future.
Attend the St. Louis Corporate Office at least three days per week under the hybrid schedule and follow the company's Work From Home policy.

Nice To Haves

A bachelor's degree in Accounting, Business Management, Business Administration, or a related field, or equivalent work experience.
One or more years of relevant accounting experience.
Experience in the insurance industry or a similar industry.
Experience with reinsurance accounting, including ceded reinsurance, assumed reinsurance, Loss Portfolio Transfers (LPTs), or fronting business.
Familiarity with accounting and insurance systems such as PeopleSoft, Freedom, SICs, or ClaimCenter.
Experience reconciling general ledger, bank, or escrow accounts.
Experience preparing journal entries, processing financial transactions, and supporting month-end closing activities.
Familiarity with financial reporting, premium and claims statements, and audit documentation.

Responsibilities

Maintain accounting functions within reinsurance systems.
Post cash transactions.
Prepare premium and claims adjustments.
Process reinsurance payments and wire transfers.
Reconcile general ledger, escrow, and bank accounts.
Prepare monthly, quarterly, and annual financial statements.
Assist with month-end closing activities, including journal entries, invoices, and claims adjustments.
Prepare financial reports and compile supporting documentation for audits.
Collaborate with internal departments and external business partners to support accurate and efficient accounting operations.
Participate in special projects and support evolving business needs.
Protect the confidentiality, integrity, and availability of information and technology assets against unauthorized disclosure, destruction, or alteration in accordance with company policies, standards, and procedures.