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Global Atlantic · 8 hours ago

AVP, Reinsurance Accounting

Boston, MA

Full-time

Onsite

Mid, Senior Level

$145K/yr - $180K/yr

7+ years exp

Global Atlantic is a leading provider of retirement security and investment solutions, and they are seeking an experienced accounting professional to manage reinsurance accounting and reporting activities. The role involves treaty administration, reinsurance accounting, reporting, transaction analysis, and process improvements across multiple bases of accounting.

Financial ServicesInsuranceLife InsuranceRetirement

Comp. & Benefits

No H1B

Responsibilities

Perform monthly and/or quarterly ledger close related procedures, including review of reinsurance journal entries, reconciliations, and analyses

Develop and maintain standardized reinsurance reports required for monitoring results

Review treaty documentation; verify information received from and provided to external parties complies with terms and conditions of treaties

Prepare analysis and commentary on key business drivers related to reinsurance results

Serve as the accounting support during review and on boarding of new transactions, as needed

Develop and implement standard reinsurance accounting models

Maintain effective internal controls, support internal and external audits, and regulatory examinations

Supporting reporting process, as required

Drive process improvements and automation efforts

Participate in special projects with cross-divisional and corporate impacts, with particular focus on collaboration and effective communication

Oversee accounting and financial reporting for complex ceded and assumed reinsurance treaties, including YRT, coinsurance, funds withheld, and retrocession arrangements

Partner with multiple teams (including investment accounting, actuarial, and risk teams) to ensure accuracy in reserve movements, deferred gains/losses, and reinsurance recoverables

Develop governance controls and documentation supporting treaty onboarding, premium settlements, and collateral tracking

Serve as key liaison for regulatory examinations and external auditors on reinsurance-related matters

Mentor junior accountants and analysts; provide technical guidance on reinsurance accounting treatments

Qualification

Reinsurance accountingUSGAAPCPAPeopleSoft General LedgerHyperion Financial ManagementSmartview/EssbaseAnalytical skillsPersonal integrityProblem solvingCommunication skillsTeam playerPositive attitudeWork ethicInitiative