Senior Ceded Reinsurance Accounting Analyst

Everest Group • Warren, NJ

5d • Hybrid

About The Position

The Senior Ceded Reinsurance Accounting Analyst is responsible for accurate ceded processing, accounting, analysis, and financial reporting for the ceded reinsurance portfolio. This hybrid role is based in Warren, New Jersey, with three days in the office and two days remote. The position reports to the AVP, Ceded Reinsurance Accounting (North America).

The analyst leads ceded accounting activities for domestic operations, including preparing ceded accounts and bordereaux, recording ceded payables and recoverables, collecting and settling balances, and reconciling accounts to the general ledger. The role interprets complex reinsurance contracts, maintains contract records in the ceded accounting system, and collaborates with underwriting, claims, actuarial, and other teams to support correct accounting and timely reporting.

The position also supports quarterly and annual GAAP financial reporting, Sarbanes-Oxley control documentation, process improvements, technical accounting guidance for junior staff, and coordination with external departments and reinsurance partners. The role requires 4–6 years of finance or accounting experience and a bachelor’s degree in accounting, finance, or business.

Requirements

• Bachelor’s degree (BS/BA) in accounting, finance, or business.
• 4–6 years of finance or accounting experience.
• Strong understanding of ceded reinsurance accounting functions, principles, and practices.
• Strong analytical skills, including the ability to collect, organize, analyze, and disseminate information with attention to detail and accuracy.
• Proficiency in Microsoft Excel, including PivotTables, VLOOKUPs, and advanced data analysis.
• Strong technical knowledge of general ledger and accounting systems.
• Strong analytical, problem-solving, and technical accounting skills.
• Detail-oriented and organized, with the ability to manage time and multitask in a changing environment.
• Flexibility and responsiveness in a fast-paced environment; ability to handle multiple projects simultaneously under tight deadlines.
• Ability to work independently and as part of a team, take initiative, and act as a self-starter.
• Strong interpersonal, collaboration, oral communication, and written communication skills.

Nice To Haves

• Relevant accounting department experience at a property and casualty insurance or reinsurance company is strongly preferred.
• Knowledge or experience with the Global XL Pro system is highly desirable.
• Knowledge of SQL is preferred.
• Experience with Oracle is a plus.

Responsibilities

• Lead timely preparation of ceded accounts and bordereau production, and record ceded payable and recoverable amounts for domestic operations.
• Manage collection and settlement of outstanding balances due to or from the company and oversee cash application processes.
• Reconcile ceded reinsurance accounts to the general ledger and perform comprehensive analysis.
• Review and interpret complex reinsurance contracts and facultative certificate terms, providing guidance and subject matter expertise.
• Set up and maintain treaties and facultative reinsurance contracts in the ceded reinsurance accounting system.
• Collaborate with underwriting, claims, and actuarial departments to ensure proper interpretation and recognition of reinsurance agreements.
• Support quarterly and annual financial reporting, analysis, and reconciliation of ceded reinsurance accounts for GAAP financial statement preparation.
• Assist in maintaining Sarbanes-Oxley internal control documentation and ensure department processes are functioning appropriately.
• Identify and drive improvements to ceded reinsurance accounting systems and procedures.
• Work with functional areas to resolve complex accounting issues and ensure timely, accurate reporting.
• Provide technical accounting support and guidance to junior staff on ceded reinsurance accounting.
• Coordinate with outside departments and reinsurance partners to support proper and timely reporting.
• Maintain positive relationships with reinsurance partners and represent the company appropriately.
• Assist with additional projects as assigned.

Benefits

• Health insurance coverage
• Employee wellness program
• Life insurance
• Disability insurance
• 401(k) match
• Retirement savings plan
• Paid holidays
• Paid time off (PTO)

What This Job Offers

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