Reinsurance Treaty Accountant

AXA Equitable Holdings,Inc,Syracuse, NY
59d$80,000 - $135,000

About The Position

At Equitable, our power is in our people. We're individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential? The Reinsurance Treaty Accountant is an expert in analysis for complex reinsurance initiatives including impact analysis, current and future state process flows and expertise on assumed and ceded reinsurance strategies and functions, implementation and testing.

Requirements

  • Bachelor's degree in accounting, Finance or a related discipline.
  • 3 years experience in reinsurance accounting, claims and reporting within the insurance industry, ideally in the Life and Annuities.
  • Established technical knowledge of reinsurance arrangements, accounting principles, and regulatory frameworks.
  • Proven knowledge working with Microsoft Excel and financial systems; experience with reinsurance tools (e.g., RMS, AIR) is an advantage.
  • Demonstrated analytical skills, attention to detail, and ability to manage complex datasets.
  • Effective communication and interpersonal skills for team leadership and collaboration with both internal and external stakeholders and team members.
  • Ability to thrive in a dynamic, deadline-driven environment.
  • Proactively seeks advice for new issues and suggests solutions.

Nice To Haves

  • CPA, industry designation (i.e. ALMI, FMLI) or equivalent certification.
  • Business Objects, Analysis for Office, Power Bi, and Tableau.

Responsibilities

  • Daily reinsurance accounting activities, including transaction recording, reconciliation, and ledger maintenance.
  • Interpret and operationalize complex reinsurance contracts in accordance with applicable accounting standards.
  • Establish and uphold internal policies and procedures for reinsurance financial operations.
  • Ensure timely issuance of billing statements and collections from reinsurers.
  • Identify trends and variances through financial data review; advise leadership on potential improvements.
  • Perform routine account reconciliations and resolve discrepancies effectively.
  • Maintain strict adherence to accounting standards, regulatory requirements, and internal control procedures.
  • Prepare for internal and external audits, providing all necessary documentation and insights.
  • Knowledge of contract provisions, reinsurance concepts and principles and general business trends.
  • Use business process design tools, including process maps and flow charts, to clarify reinsurance problems, goals and requirements to various Reinsurance stakeholders.
  • Provide extensive subject matter expertise to support our enterprise strategy for reinsurance data.
  • Supports an agile project management framework to prioritize and pace projects with a cross-functional team.
  • Monitor client accounts / statistics by using internal reports, perform data analysis and support Stakeholders with reports and statistics.
  • Financial Reporting US GAAP/ US STAT/ Bermuda STAT, Schedule S, etc.).
  • Monitor client accounts / statistics by using internal reports, perform data analysis and support Stakeholders with reports and statistics.

Benefits

  • Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off.
  • Equitable Pay and Benefits: Equitable Total Rewards Program

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What This Job Offers

Job Type

Full-time

Career Level

Mid Level

Industry

Funds, Trusts, and Other Financial Vehicles

Number of Employees

5,001-10,000 employees

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