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Reinsurance Accounting Manager

Hiring Company Industry: Insurance
Number of Employees: 1 - 100 Employees
Total Compensation: $130K
     - Base Salary: $100K
     - Bonus / Commission: 30%
Reports to: Corporate Controller
Location: Parsippany, NJ
Position Filled
JOB DESCRIPTION

Top 50 property and casualty insurance company located in Parsippany, NJ is seeking qualified applicants for the position of Reinsurance Accounting Manager. The company is publicly traded and well positioned with offices throughout the united states.


 


 Responsibilities:


 


Manage the reinsurance accounting unit including:


 


·         Supervision of 4 accountants


 


·         Monitor reporting and recording of reinsurance accounts


 


·         Manage collections


 


·         Review account reconciliations


 


·         Review ceded and assumed calculations


 


·         Manage prep and review of Stat and GAAP reinsurance schedules and disclosures including interrogatories and Schedule F


 


 ·         Perform reinsurance related analysis including:, reinsurance bad debt, aging of recoverable, risk transfer analysis, basis for collateral requests, etc.


 


·         Maintain SOX 404 documentation and testing


 


·         Perform financial strength reviews of reinsurers


 


·         Perform and review research accounting issues 


 


Qualifications:


 


·         Undergraduate degree in Business or Accounting


 


·         4 years plus of reinsurance accounting experience


 


·         2 years of supervisory experience preferably within reinsurance area


 


·         Excellent Excel skills


 


·         Microsoft Access  


 


Preferred Qualifications:


 


·         Treaty wording experience - (ARe)


 


·         CPA


 


·         Associate in Insurance Accounting and Finance


 


 

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