Senior Reinsurance Analyst

Tokio Marine HCC • Houston, TX

21h • Hybrid

About The Position

Under general supervision, the Senior Reinsurance Analyst performs progressively complex reinsurance and accounting activities related to maintaining ledger accounts, preparing financial statements, and developing associated managerial reports for reinsurance applications. The position is based in Houston, Texas, with a hybrid schedule of four days in the office and one day remote, and reports to the Reinsurance Reporting Manager. It has no people management responsibility.

Requirements

• Bachelor’s degree in Accounting, Finance, a related field, or equivalent education and/or experience.
• Five years of relevant and progressive professional experience.
• Solid understanding of reinsurance principles and the accounting relationship.
• Understanding of the general applications of a reinsurance system.
• Broad knowledge of applicable principles, practices, and procedures, with the ability to apply that knowledge.
• Excellent written and verbal communication skills, including confidentiality, tact, and diplomacy.
• Strong organizational and analytical skills, with the ability to manage multiple tasks simultaneously.
• Knowledge of industry changes, legal updates, and technical developments relevant to the company’s business.
• Intermediate proficiency and experience with Microsoft Office, including Excel, Access, PowerPoint, and Word.
• Ability to follow work plans, timelines, and goals; meet deadlines; communicate work and results; identify process improvements; work thoroughly and productively; comply with corporate policies; report control breakdowns; and conduct activities safely.

Nice To Haves

• PeopleSoft exposure preferred.
• Associate in Reinsurance (ARe) designation or progress toward the designation preferred.

Responsibilities

• Update profit commission and sliding scale calculations as needed for accrual and collection purposes.
• Prepare ad hoc reports using advanced Excel skills, including pivot tables and macros.
• Review quarterly Schedule F files in detail.
• Perform or assist with banking activities, including letters of credit, collateral for specified accounts, and preparing draws against reinsurers’ letters of credit or trust accounts.
• Respond to inquiries from reinsurers and brokers concerning settlements, claims, and collections, and coordinate responses with relevant departments.
• Compile and analyze financial information; prepare and post general ledger entries; document business transactions; and prepare reports covering facultative, treaty, and excess of loss coverages.
• Analyze and research stale-dated reinsurance issues with missing data and develop a work plan to address them.
• Review settlements prepared by Associate Reinsurance Analysts and Reinsurance Analysts for accuracy and completeness.
• Assist internal and external auditors with reinsurance matters as necessary.
• Detect, research, and resolve reconciliation items relating to reinsurer balances.
• Research reinsurance transactions for commutations and provide support to the commutation process.
• Prepare financial reports, including balance sheets and income statements.

Benefits

• Competitive salary.
• Medical, vision, and dental benefits, with eligibility beginning on the date of hire.
• Ongoing learning and development opportunities.
• Basic life and disability insurance.
• 401(k) plan with a 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: Senior