Accounting - Reinsurance Accountant

Cincinnati FinancialFairfield, OH
$60,000 - $70,000

About The Position

At The Cincinnati Insurance Companies, we put people first and apply the Golden Rule to our daily operations. To put this into action, we’re looking for extraordinary people to join our talented team. Our service-oriented, ethical, knowledgeable, caring associates are the heart of our vision to be the best company serving independent agents. We help protect families and businesses as they work to prevent or recover from a loss. Share your talents to help us reach for continued success as we bring value to the communities we serve and demonstrate that Actions Speak Louder in Person®. If you’re ready to build productive relationships, collaborate within a diverse team, embrace challenges and develop your skills, then Cincinnati may be the place for you. We offer career opportunities where you can contribute and grow. Our P&C Accounting department has an immediate opening for a reinsurance accountant. This role is responsbile to provide knowledge and experience in both assumed and ceded reinsurance accounting and to design and manage IT projects within the department. The pay range for the associate accountant position is $60,000 - $65,000 annually. The pay range for our accountant position is $65,000 - $70,000 annually. The pay determination is based on the applicant’s education, experience, location, knowledge, skills, and abilities. Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance

Requirements

  • ability to use basic accounting principles for financial statement preparation
  • strong attention to detail, highly organized, and able to manage multiple tasks concurrently
  • willingness and ability to learn and use accounting and analytical software systems
  • ability to effectively use Microsoft® Excel
  • good communication and presentation skills, both verbal and written
  • ability to work independently or collaboratively without hesitation to ask questions
  • demonstrate aptitude to lead and embrace change
  • a bachelor's degree in accounting (required)

Nice To Haves

  • two years or more of accounting experience or equivalent relevant work experience (preferred)
  • experience with design and administration of Reinsurance Accounting Software, preferably SAP Operating system FSRI and FSCD (preferred)

Responsibilities

  • prepare monthly, quarterly, and annual assumed reinsurance closings
  • complete accounting, administration, and regulatory reporting of the reinsurance portfolio
  • making decisions and recommendations for varied situations applying judgment to interpret related information, policies, and procedures
  • work with other internal and external organizations or parties frequently which may include persuasion and negotiation skills
  • ensure all task and project deadlines are met accordingly
  • perform other related duties and special projects as assigned

Benefits

  • Eligible associates may also receive an annual cash bonus and stock incentives based on company and individual performance

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Number of Employees

1,001-5,000 employees

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