Reinsurance Accountant

Safe-Guard Products International LLCAtlanta, GA
1dHybrid

About The Position

The Reinsurance Accountant will be responsible for accurate and timely reporting of cession statements to our client partners. Maintain accounts receivables and accounts payables for all reinsurance areas, update reinsurance records management systems and master listings. Perform reconciliations of assigned accounts.

Requirements

  • Bachelor’s Degree, Accounting, Finance or Business Administration
  • 3-5 years of accounting and finance experience
  • Proficient experience with Microsoft Excel, familiarity with SQL (preferably Postgres SQL) a plus, and ability to use both tools to analyze and interpret data.
  • Strong analytical and reconciliation skills.
  • Excellent and effective communication and presentation skills.
  • Working Knowledge of Microsoft Office Suite, Advanced Knowledge of spreadsheet software
  • Working knowledge of account procedures (i.e. Reconciliation, debits and credits, journalizing and posting.
  • Strong analytical skills and understanding of US GAAP

Nice To Haves

  • Reinsurance experience is a plus.
  • Prior insurance or auto industry experience is a plus.

Responsibilities

  • Prepare reinsurance reporting packages for clients timely and accurately
  • Assist with servicing and accounting for existing reinsurance deals properly
  • Assist with preparation of reinsurance payments
  • Monitor and account for trust account activity
  • Cash application into reinsurance system
  • Assist in implementing & modifying systems and procedures for accurate accounting and reporting of all ceded reinsurance activity
  • Design, generate, interpret, and publish ad hoc reports to Management
  • Accurately and quickly fulfill reporting requests from Sales, Marketing, Accounting, Management, and clients as needed
  • Communicate significant issues and trends to Management
  • Set-up new client reporting as necessary
  • Assist with the administrative functions of the reinsurance program.
  • Partner with key personnel to assist with the proper interpretation, recognition, accounting & operational implementation, and reporting of reinsurance agreements
  • Assist with monthly financial accounting reconciliations.
  • Assist with external and internal audit preparation and inquiries.
  • Reconcile financial discrepancies by collecting and analyzing account information.
  • Design, generate, interpret, and publish ad hoc reports to Management.
  • Ensure the payment of reinsurance premiums, clear or adjust premium booking differences, and process receipts on a timely basis (within the terms of the reinsurance agreements)

Benefits

  • Medical, Dental, and Vision Insurance
  • Flexible Spending Account
  • Health Savings Account
  • 401(k) Plan with Company Match
  • Company-paid Short-Term and Long-Term Disability
  • Company-paid Life Insurance
  • Paid Holidays and Vacation
  • Employee Referral Program
  • Employee Assistance Program
  • Wellness Programs
  • Paid Community Service Opportunities
  • Tuition Reimbursement
  • Ongoing Training & Personal Development
  • And More!
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