Reinsurance Analyst

Tokio Marine HCC • Houston, TX

3d • Hybrid

About The Position

Under supervision, this role is responsible for moderately complex accounting activities relating to the maintenance of a complete and accurate general ledger and the resultant managerial reports and financial statements for Reinsurance Accounting.

Requirements

• Bachelor's degree in Accounting, Finance, a related field, or equivalent education and/or experience.
• Two years of relevant and progressive professional experience in Accounting and/or Finance.
• Understanding of Generally Accepted Accounting Principles (GAAP) and Statutory Accounting Principles.
• Ability to apply knowledge of accounting principles, practices, and procedures.
• Solid written and verbal communication skills with an emphasis on confidentiality, tact, and diplomacy.
• Advanced organizational and analytical skills with the ability to manage multiple tasks simultaneously.
• Knowledge of industry changes, legal updates, and technical developments related to the applicable area of the business.
• Intermediate proficiency and experience using Microsoft Office (Excel, Access, PowerPoint, and Word).
• Ability to follow work plans, established timelines, and predefined goals; meet commitments on deadlines; communicate activities, results, and observations; identify process improvements; and comply with corporate policies and procedures.

Nice To Haves

• Work towards Certified Public Accountant (CPA) designation preferred.

Responsibilities

• Prepare general ledger entries and assist in the reconciliation of the sub-ledger to the general ledger.
• Compile and analyze financial information to prepare various reports for management, including but not limited to those regarding facultative, treaty, and excess of loss coverage for reinsurance programs.
• Reconcile re-insurer balances to the general ledger and sub ledgers.
• Interpret and input reinsurance agreements into the financial system for use by Underwriting, Claims, and Accounting departments.
• Assist in the preparation of quarterly and annual statutory filings on both a consolidated and company basis.
• Prepare internal summaries of assumed and ceded business. Compile data for management related to commutations and liquidations.
• Assist in management review of outgoing Letters of Credit and invoices from banks for related fees.
• Respond to inquiries from reinsurers/brokers and assist with rating agency responses.
• Review forms and reports prepared by other team members for accuracy and completeness.

Benefits

• Competitive salary
• Comprehensive medical, vision, and dental benefit package, with eligibility beginning on your date of hire
• Strong learning culture with ongoing development opportunities
• Basic life and disability insurance
• 401(k) plan with 6% company match
• 20 days of PTO, two floating holidays, approximately 11 paid holidays, and volunteer time off
• Paid parental leave

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level