Ryan Specialty Group - Rocky Hill, CT

posted 23 days ago

Full-time - Senior
Rocky Hill, CT
Insurance Carriers and Related Activities

About the position

The Sr. Reinsurance Technical Accountant will be part of the Reinsurance Operations team, overseeing the post bind reinsurance accounting activity on treaty reinsurance as well as assisting on cessions to Geneva Re and direct program insurance business flowing through Ryan Re. The position reports to the Head of Reinsurance Operations and Claims.

Responsibilities

  • Manage the receipt, review, booking and reporting on reinsurance treaty bordereau statements and premium accounts.
  • Accurately capture cessions on proportional business and pro-actively monitor account performance for communication to underwriters and manager.
  • Assist in the review of newly bound treaties in our systems to ensure accurate accounting/risk conditions of treaties are captured correctly and reflected in our accounting workbooks.
  • Partner with the RSG Finance department in monitoring and tracking invoices and receipt/disbursements of cash to Ryan Re/Nationwide Mutual and Geneva Re.
  • Assist in the peer review of monthly accounting reports.
  • Create and refine processes and procedures for review/sign off of premium estimates to actuals with our Underwriting and Operations teams on assumed reinsurance business.
  • Ability to provide input and support to Ryan Re as we build our reinsurance systems and processes.

Requirements

  • Bachelor's degree or equivalent combination of education and experience.
  • Minimum of 15 years reinsurance technical accounting experience.
  • Technologically savvy and data driven.
  • Ability to work in a fast-paced environment.
  • Attention to detail.
  • Ability to work in a highly automated, paperless environment, including specialized software packages.
  • Basic computer skills including MS Office Suite.
  • Ability to communicate orally and in writing with others to explain complex issues, receive and interpret complex information, and respond appropriately.
  • Ability to understand written and oral communication, and interpret abstract information.
  • Proactively manage time and workload to meet tight deadlines around month/quarter close periods.

Nice-to-haves

  • The position may develop to have some direct report and oversight responsibilities as the Reinsurance Operations team grows.

Benefits

  • Paid time off for company holidays, vacation, sick and personal days.
  • Paid parental leave.
  • Mental health services.
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