AVP of Reinsurance Accounting - OrderID: 3638

Acctpositions -
Our client, a Global Financial Services Organization, is adding a Reinsurance Accounting Manager and an AVP of Reinsurance Accounting to their team (2 different level positions).
In these positions, the ideal candidate will be responsible for:

• Supervise Reinsurance Accounting teams & processing of Reinsurance transactions


• Participate in Development of Reinsurance Agreements


• Support GAAP and STAT reporting, the Annual Statement Preparation, Schedule F, form BE48. etc. (Regulatory and State Reporting Requirements).


• Manage Adherence to Internal Controls.


• Responsible for the development of Staff with regards to advancing their knowledge with premiums, losses, funds held, deposit accounting, collateral, cash allocations and recoveries.


• Implementation and review of non-routine reinsurance transactions (loss portfolio transfers, adverse development covers, commutations, etc.)


• Oversee broker/reinsurer reporting and billing including statements/bordereau reviews.


• Communicate and collaborate with Controllers Group, FP&A and functioning in a high visibility senior management level with reinsurance placement (ceded Re), finance controllers, actuarial, treasury, claims, legal, systems, etc.), product line management, reinsurance intermediaries and reinsurers.

The positions Requires:

• Bachelors Degree in Accounting


• CPA MBA preferred


• 7-12+ years of experience with Reinsurance Financial Reporting in Property Casualty Insurance reporting, both STATutory and GAAP reporting is preferred (aka: Yellowbook, Annual Statement)


• Big 4 foundation a plus


• Professional communication skills, written and verbal


• Supervisory skills


• Detail Oriented approach


• The ability to work independently and in a team environment


• Problem Solving Skills


• Leadership and executive level interaction and presence

Great Fringe Benefits and Opportunity for Internal Advancement:
Medical & Dental Plans, Life Insurance, including eligible spouses & children, Health Care Flexible Spending, Dependent Care, 401k Savings Plans with match program, and Aggressive Paid Time Off. Hybrid / Partially remote commute.
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