NEW POSTING Posted Oct 02, 2025 by Invenio
We are seeking a detail-oriented and analytical Reinsurance Accountant to support the accurate recording, reporting, and reconciliation of reinsurance-related transactions. The role will involve collaboration across actuarial, underwriting, and operations teams, and will ensure compliance with internal policies and external regulatory standards.
Prepare and review journal entries related to reinsurance premiums, commissions, claims, and reserves.
Reconcile reinsurance accounts including ceded premiums, recoverables, and payable balances.
Analyze and monitor reinsurance treaties, contracts, and schedules to ensure accurate accounting treatment.
Assist in the preparation of financial statements and regulatory filings (e.g., statutory reports, GAAP/IFRS disclosures).
Collaborate with underwriting and actuarial teams to validate treaty data and bordereaux reports.
Support the month-end and quarter-end close process with reinsurance-specific entries and reconciliations.
Liaise with brokers, reinsurers, and third-party administrators to resolve discrepancies and outstanding balances.
Ensure compliance with SOX/internal control requirements for all reinsurance transactions.
Participate in system implementations, data migrations, and automation projects as needed.
Support internal and external audits by preparing supporting schedules and documentation.
Bachelor’s degree in Accounting, Finance, or a related field.
CPA or progress toward designation is preferred.
2–5 years of experience in insurance or reinsurance accounting.
Strong understanding of insurance and reinsurance structures (quota share, excess of loss, stop loss, etc.).
Proficient in Microsoft Excel; experience with ERP systems (e.g., Oracle, SAP, Workday) and reinsurance platforms (e.g., WINS, SICS) is a plus.
Knowledge of GAAP and/or IFRS accounting principles.
Excellent analytical and communication skills.
High attention to detail and organizational ability.
For an immediate response and a confidential conversation about this position, please contact:
Katelyn Quinn | katelyn@ivenio-global.com | +1 345 769 7000
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