Senior Reinsurance Analyst

Tokio Marine HCC • Houston, TX

2d • Hybrid

About The Position

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

The role supports reinsurance accounting, reporting, settlements, collections, banking activities, reconciliations, and commutations. It also reviews work prepared by associate and reinsurance analysts, responds to inquiries from reinsurers and brokers, and assists internal and external auditors with reinsurance matters.

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, with an emphasis on confidentiality, tact, and diplomacy.
• Exceptional organizational and analytical skills, including demonstrated 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.

Nice To Haves

• PeopleSoft exposure.
• Associate in Reinsurance (ARe) designation or progress toward the designation.
• Advanced Excel skills, including pivot tables and macros.

Responsibilities

• Update profit commission and sliding scale calculations 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 draws against reinsurers’ letters of credit or trust accounts.
• Respond to reinsurer and broker inquiries concerning settlements, claims, and collections, coordinating responses with relevant departments.
• Compile and analyze financial information to prepare and post general ledger entries, document business transactions, and prepare reports on 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 needed.
• Detect, research, and resolve reconciliation items relating to reinsurer balances.
• Research reinsurance transactions for commutations and provide support for the commutation process.
• Prepare financial reports such as balance sheets and income statements.
• Follow work plans, timelines, and goals; meet deadlines and communicate activities, results, and observations to employees and management as appropriate.
• Identify opportunities to improve business practices, perform work thoroughly and efficiently, comply with corporate policies and procedures, report control breakdowns to management, and conduct activities safely.

Benefits

• Competitive salary and comprehensive 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 paid time off, two floating holidays, approximately 11 paid holidays, and volunteer time off.
• Paid parental leave.
• Opportunity to do meaningful work.

What This Job Offers

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