Assistant Manager, Ceded Reinsurance Accounting
Aston Carter•New York, NY
•$105,000 - $140,000•Hybrid
About The Position
The Assistant Manager of Ceded Reinsurance Accounting is responsible for overseeing the ceded reinsurance book of business and ensuring accurate, timely, and compliant financial reporting. This role plays a critical part in quarterly close, statutory reporting, and ongoing process improvement while partnering closely with internal stakeholders and cross‑functional teams.
Requirements
- 5+ years of ceded reinsurance accounting experience
- Bachelor’s degree in Accounting, Finance, Business, or equivalent experience
- Strong understanding of reinsurance accounting and financial reporting principles
- Advanced Microsoft Excel proficiency (e.g., VLOOKUP/XLOOKUP, pivot tables, advanced formulas, data analysis tools)
- Experience with General Ledger accounting, reconciliations, journal entries, and financial statements
- Strong analytical skills with experience performing variance analysis
- Self-starter with the ability to work independently, conduct research, and implement solutions with minimal supervision
- Strong interpersonal and communication skills with the ability to collaborate across departments and with internal and external stakeholders
- Demonstrated ownership, accountability, and project management skills in a fast‑paced, evolving environment
Responsibilities
- Manage the ceded reinsurance book of business, including treaty setup and ongoing maintenance
- Prepare reinsurance statements, cash calls, and supporting documentation
- Process cash payments and perform accurate cash application
- Monitor balances and perform analytical reviews to identify variances and trends
- Perform quarterly reporting and analysis, including period-over-period variance analysis
- Reconcile the ceded reinsurance subledger to the General Ledger
- Support parent company reporting requirements
- Prepare quarterly financial schedules in support of close and year‑end statutory filings
- Ensure the accuracy, completeness, and timeliness of financial data
- Identify process improvement opportunities and help strengthen internal controls
- Partner with IT and business stakeholders to automate processes and enhance reporting efficiency
- Support special projects and ad hoc reporting as needed
Benefits
- Comprehensive benefits package
- Paid time off
- Incentive pay opportunity
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
Number of Employees
501-1,000 employees
