Senior Director Reinsurance Accounting

Fortegra - Jacksonville, FL

Full-time - Senior

Jacksonville, FL

About the position

The Senior Director of Reinsurance Accounting will lead a team of accountants responsible for the accurate and timely interpretation and accounting of the Company's Specialty Property & Casualty Business. This role involves establishing proper controls and processes to support ongoing growth in the US market, requiring a driven, collaborative, and confident manager of talent.

Responsibilities

• Ensure accurate and timely compilation of accounting information, analysis, and reporting in accordance with U.S. GAAP and NAIC Guidelines.
• Liaison with external reinsurers and reinsurance brokers to ensure timely transfer of data and reports.
• Prepare and analyze complex standard financial reinsurance and ad hoc reports for management.
• Timely creation and reporting of reinsurance cession statements.
• Interpret both new and renewal reinsurance agreements for proper recording and reporting within the reinsurance software.
• Develop and manage a team of reinsurance accountants and analysts.
• Manage and produce reinsurance reporting schedules for the Statutory annual statements.
• Assist with internal and external audit requests.

Requirements

• Bachelor's degree (Accounting preferred).
• Advanced knowledge of insurance accounting and reinsurance.
• Advanced knowledge of reinsurance contracts with the ability to translate the contract into financial information.
• Previous Management or Supervisory experience.
• Experience preparing, filing, and submitting Schedule F on NAIC annual statements.
• Previous experience interacting with brokers, reinsurers, and other interested parties.
• Strong analytic skills.

Nice-to-haves

• Ability to evaluate reinsurance transactions and their financial accounting implications.
• Ability to read reinsurance treaty agreements and apply concepts in the agreements to accounting and administrative approaches.
• Understanding of complex reinsurance cession statements.
• Ability to research accounting guidance and apply it to complex reinsurance transactions and structures.
• Execution leadership.
• Proven track record of leading a team to improved performance.
• Self-starter with the ability to meet deadlines and goals in a limited time frame.
• Ability to effectively deal with outside company departments.
• Ability to work independently and make effective decisions.

Benefits

• Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.