Reinsurance Accounting Lead

Branch Financial, LLC•Columbus, OH

2d•Remote

About The Position

The Reinsurance Accounting Lead is a key contributor to Branch's reinsurance accounting, reporting, and compliance activities. As part of the Accounting team, this role owns the accurate and timely financial treatment of reinsurance transactions, directly supporting regulatory reporting and internal financial insights. You'll work closely with Accounting and Actuarial colleagues and external reinsurers to ensure the integrity of reinsurance data and processes, bringing advanced technical expertise and independent judgment to complex treaty structures and reporting requirements. This role is ideal for a seasoned reinsurance accounting professional who is ready to operate with a high degree of autonomy, informally mentor junior team members, and drive continuous improvement across Branch's financial operations. This role will also lead the growth of the Ember Services platform to support new P&C insurance carriers. This opportunity to lead the reinsurance accounting for multiple small to mid-sized P&C carriers will help scale their organization and be better equipped to deliver accurate and timely financial results.

Requirements

Bachelor's degree in Accounting, Finance, or a related field
5+ years of progressive experience, with meaningful focus on insurance or reinsurance.
Advanced understanding of reinsurance accounting concepts and related GAAP/statutory reporting requirements, including the ability to apply guidance independently to complex or non-standard treaty structures.
Strong analytical and problem-solving skills with the ability to interpret complex treaty provisions, evaluate variable factors, and determine appropriate accounting treatment with minimal direction.
Advanced proficiency with Microsoft Excel; proficient with Google Workspace.
Ability to independently perform complex reconciliations, identify root causes, and drive effective solutions.
Strong attention to detail and accuracy, with the ability to manage competing priorities in a fast-paced environment.
Excellent verbal and written communication skills, including the ability to present financial information clearly to non-financial stakeholders and advise cross-functional partners.
Operates with a high degree of autonomy; comfortable leading initiatives, informally mentoring junior team members, and collaborating across functions.
Maintains confidentiality of sensitive information and adheres to regulatory and company policies.

Responsibilities

Process and analyze ceded premium, claims, commissions, and recoverables. Ensure reinsurance transactions are recorded accurately and in compliance with GAAP, statutory requirements, and company policies.
Own and execute the monthly, quarterly, and annual close processes related to reinsurance. Prepare journal entries, reconciliations, and schedules for internal and external reporting, including statutory filings.
Interpret reinsurance contracts and regulatory requirements, including preparing reports for state insurance departments. Apply accounting guidance independently to complex treaty structures.
Analyze reinsurance transaction data and cash flows. Partner with Finance and Actuarial teams to deepen understanding of treaty performance and its impact on financial statements.
Lead participation in audit processes by providing requested documentation and ensuring compliance with internal control standards. Recommend and implement improvements to streamline tasks or controls.
Collaborate with internal and external partners (e.g., brokers, reinsurers, actuaries) to resolve discrepancies and drive improvements in reporting quality and process efficiency.
Serve as a resource to junior staff, providing guidance on reinsurance accounting practices and identifying process enhancements and automation opportunities.
Perform other duties as assigned to support business needs.