Accounting - Reinsurance Senior Accountant

Cincinnati Financial•Fairfield, OH

1h•$75,000 - $110,000•Hybrid

About The Position

Our Accounting department seeks a detail-oriented and experienced senior accountant with a strong background in assumed reinsurance accounting. This role is responsible for managing complex accounting processes related to assumed reinsurance treaties, ensuring accurate financial reporting and supporting regulatory compliance. This position is based at our Headquarters in Fairfield, Ohio. Some departments at our Headquarters offer a hybrid work option that may vary depending on your role and responsibilities.

Requirements

knowledge commensurate with at least five years of reinsurance accounting experience (preferred)
strong understanding of reinsurance concepts
advanced Microsoft® Excel skills and strong data analysis capabilities
strong attention to detail and organizational skills
excellent communication and interpersonal skills
a bachelor’s degree in accounting
a CPA or CPA-track (preferred)
experience working with reinsurance systems and/or general ledger platforms

Responsibilities

prepare monthly, quarterly and annual accounting close activities for assumed reinsurance transactions
record and reconcile premium, loss, commission and reserve activity for assumed treaties
monitor and reconcile receivables and payables, ensuring timely settlements
review and validate cedant reporting, identifying discrepancies and following up as needed
support actuarial and underwriting teams with data and financial insights
assist with financial statement preparation and related disclosures
ensure compliance with internal controls, regulatory requirements and audit standards
partner with internal stakeholders to improve processes and system efficiency
support internal and external audits, including providing documentation and explanations