Software Guidance & Assistance, Inc. (SGA, Inc.) ยท 5 hours ago
AVP, Reinsurance Accounting
Software Guidance & Assistance, Inc. (SGA) is seeking an AVP, Reinsurance Accounting for a full-time position with a premier financial client in Boston, MA. The role involves leading reinsurance accounting and reporting activities, ensuring compliance with various accounting frameworks, and driving process improvements within a collaborative team environment.
Information TechnologyStaffing Agency
Responsibilities
Lead monthly and quarterly close activities for reinsurance, including review of journal entries, account reconciliations, and analytical reviews of results
Develop and maintain standardized reinsurance reports used for monitoring performance and informing management decisions
Review treaty documentation and ensure information received from and provided to external counterparties complies with treaty terms and conditions
Prepare analysis and commentary on key business drivers impacting reinsurance results
Serve as the accounting lead during the review and onboarding of new reinsurance transactions
Develop and implement standard reinsurance accounting models to support consistent treatment across treaties and entities
Maintain strong internal controls; support internal and external audits and regulatory examinations
Support financial and regulatory reporting processes as needed (US GAAP, NAIC statutory, Bermuda statutory)
Drive process improvements and automation initiatives to increase accuracy, efficiency, and control
Participate in cross-functional and corporate projects, emphasizing collaboration and clear communication
Oversee accounting and financial reporting for complex ceded and assumed reinsurance treaties, including YRT, coinsurance, funds withheld, and retrocession structures
Partner closely with investment accounting, actuarial, and risk teams to ensure accuracy of reserve movements, deferred gains/losses, and reinsurance recoverables
Develop governance, controls, and documentation to support treaty onboarding, premium settlements, collateral tracking, and related workflows
Act as a key liaison for regulators and external auditors on reinsurance-related matters
Mentor and coach junior accountants and analysts; provide technical guidance on complex reinsurance accounting topics
Qualification
Required
Bachelor's degree in Accounting required
7+ years of experience in the insurance or reinsurance industry, or in public accounting auditing insurance/reinsurance clients
Strong understanding of reinsurance structures and treaty administration (ceded and assumed)
Team-oriented, positive, and results-driven, with a high level of personal integrity and accountability
Strong analytical and problem-solving skills, with the ability to translate research and analysis into clear conclusions and recommendations
Highly organized, proactive, and comfortable driving initiatives and improving processes
Excellent verbal and written communication skills, including the ability to collaborate with cross-functional partners and senior stakeholders
Preferred
Experience with US GAAP and insurance statutory accounting; familiarity with NAIC requirements and Bermuda statutory reporting preferred
Experience with PeopleSoft General Ledger, Hyperion Financial Management, and SmartView/Essbase preferred
CPA strongly preferred
Company
Software Guidance & Assistance, Inc. (SGA, Inc.)
SGA is the technology and resource solutions provider driven to stand out. We are a certified women-owned business.