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Palomar · 21 hours ago

Reinsurance Accounting Analyst

La Jolla, CA

Full-time

Onsite

Entry, Mid Level

$78K/yr - $118K/yr

1+ years exp

Palomar is a rapidly growing and innovative insurer focused on providing specialty insurance to residential and commercial customers. The Reinsurance Accounting Analyst will leverage accounting knowledge to contribute to the preparation of journal entries, reinsurance settlements, and reconciliation while supporting process improvements and maintaining internal controls.

Insurance

Growth Opportunities

Responsibilities

Perform monthly and or quarterly closing procedures related to accounting for the reinsurance transactions, reconciliations, and analyses

Compile and analyze monthly and quarterly financial information from other departments to ensure completeness and accuracy

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

Develop and implement standard reinsurance accounting models, with emphasis on efficient reconciliation to the General Ledger; lead process improvements and automation efforts related to monthly close processing

Build new and sustainable processes for booking and settling reinsurance

Responsible for appropriate and timely analysis, processing, billing, and collection with reinsurance partners, act as one of the points of contact for reinsurance intermediaries and reinsurers

Become a reinsurance agreement subject matter expert across the full life cycle of the contract

Perform reinsurance collateral analysis through partnership with internal and external stakeholders

Qualification

Reinsurance AccountingFinancial AnalysisMicrosoft OfficeCertified Public AccountantProcess ImprovementAutonomyCollaborationIntegrityCreativity

Required

Bachelor's degree in Accounting, Finance or a related field or the equivalent education and/or experience

1-3 years of relevant accounting or finance experience within a property & casualty insurance environment

Advanced proficiency and experience using Microsoft Office package (Excel, Access, PowerPoint, Word)

Preferred

Certified Public Accountant (CPA) eligible or designation

Benefits

Full Suite of Medical Benefits

Long Term Financial Incentives – STOCK!

401k with 3.5% Automatic Fully Vested Employer Contributions

Competitive PTO + Holiday Program

Lifestyle Spending Account

Professional Development Assistance

Career Exploration Opportunities

Regular company-wide social events (even virtually!)

Company

Palomar

Founded in 2014, by a team with deep experience across underwriting, analytics, reinsurance and capital markets, Palomar is an innovative specialty insurer serving residential and commercial clients in five product categories: Earthquake, Inland Marine and Other Property, Casualty, Fronting and Crop.

Founded in 2014

La Jolla, CA, US

201-500 employees