REINSURANCE ACCOUNTING MANAGER

ALPHA WARRANTY SERVICES INC•South Jordan, UT

1d•Onsite

About The Position

The Reinsurance Accounting Manager is responsible for the accounting, reconciliation, and reporting of profit participation and reinsurance positions across Alpha Warranty Services’ dealer reinsurance companies, 831(b) captive entities, and related insurance structures. This role manages reserve funding, cession accounting, earnings calculations, and entity-level financial reporting.

Requirements

Bachelors Degree in accounting, finance or business
10+ years in accounting, with significant time in reinsurance, warranty/VSC, or insurance accounting
Direct experience with reserve funding, cession accounting, and profit participation calculations
Advanced Excel (this role involves heavy reconciliation work)
Experience with financial reporting and month-end close processes
Demonstrated ability to work independently with minimal supervision

Nice To Haves

Experience in the vehicle service contract or extended warranty industry specifically
Familiarity with AO (administrator/obligor) accounting structures
Experience with ERP systems (Acumatica, Great Plains/Dynamics GP, NetSuite)
Experience supporting audit processes for reinsurance or captive insurance entities

Responsibilities

Manage reserve funding across 100+ reinsurance companies (monthly cycle, strict accuracy and timeline requirements)
Prepare and reconcile cession accounting — contract-to-entity positioning, ITD calculations, prior period adjustments
Calculate and report profit participation distributions by entity
Maintain earnings curve allocations across 831(b) entities (once systematized — currently manual with known accuracy issues)
Reconcile trust-to-cession balances
Prepare entity-level financial statements (monthly/quarterly)
Support month-end close for reinsurance and profit participation accounts
Prepare commissions, admin fees, and clip fee reconciliations
Validate data between PCRS, Launch Pad, and Acumatica
Support external audit requests for reinsurance and captive entities
Own the monthly cession reconciliation process (contract file to GL, dollar-for-dollar)
Identify and resolve variances between admin system (PCRS) and accounting system (Acumatica)
Document and maintain standard operating procedures for all profit participation and reinsurance accounting processes
Flag routing or configuration errors in Launch Pad and coordinate remediation