Senior Reinsurance Accountant

Core Specialty Insurance Holdings, Inc.•Cincinnati, OH

2d•Hybrid

About The Position

The Senior Reinsurance Accountant will be responsible for processing reinsurance transactions including accounting, collections and reporting of reinsurance. This includes analyzing financial statements, reconciliations, and reinsurance research. Must be available to work a hybrid (3 days in the office/2 days remote) schedule in our Indianapolis office. Core Specialty offers a diversified range of property and casualty insurance products for small to mid-sized businesses. From underwriting offices spanning the U.S., the Company focuses on niche markets, local distribution, and superior underwriting knowledge, offering traditional as well as innovative insurance solutions to meet the needs of its customers and brokers.

Requirements

Minimum of a Bachelor’s degree in accounting or finance required.
3+ years of accounting experience required.
Ability to research and interpret reinsurance contracts.
Demonstrates strong attention to detail and organizational skills.
Possesses strong critical thinking skills with the ability to assess complex accounting issues, apply thoughtful decision-making, and collaborate with key individuals to reach well-reasoned conclusions.
Microsoft Office skills, specifically with intermediate to advanced Excel skills including filters, pivot tables and complex formulas.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over work authorization sponsorship now or in the future for this position.

Nice To Haves

Master’s degree in accounting or finance preferred, but not required.
Knowledge of insurance and reinsurance accounting preferred but not required.
CPA license preferred, but not required.

Responsibilities

Perform monthly/quarterly cessions of reinsurance treaties and ensure proper accounting treatment for all reinsurance transactions.
Complete financial analysis and reconciliation of reinsurance related accounts in support of financial statement preparation.
Prepare and record reinsurance journal entries and payments in Workday.
Responsible for monthly/quarterly billing to brokers/reinsurers.
Assist with GAAP and STAT financial schedules.
Assist in the implementation of a reinsurance system.
Assist with internal and external audit requests.
May be required to undertake other duties from time to time as the Company may reasonably require.