Crum & Forster · 2 weeks ago
Senior Alternative Risk Accountant - Eatontown, NJ or Remote
United States
Full-time
Remote
Mid, Senior Level
$51K/yr - $95K/yr
3+ years expCrum & Forster is a specialty insurance and reinsurance provider with a focus on product development and client service. The Senior Alternative Risk Accountant will support the oversight of Captive and Fronting business, ensuring compliance with regulatory requirements and accurate financial reporting. This role involves collaborating with various business units and managing collateral requirements and credit risk assessments.
Commercial InsuranceHealth CareInsuranceRisk Management
Responsibilities
Support the administration of our internal reinsurance captive facility to ensure all 3 rd party cells are capitalized and collateralized sufficiently and in compliance with regulatory requirements at all times
Monitor initial and ongoing collateral requirements to ensure C&F isn’t exposed at any one point, which includes performing a quarterly collateral analysis and executing annual confirmations
Execute established workflows related to the sale of business all the way through reporting, accounting, and financial review, ensuring accuracy and timeliness
Prepare, review, and reconcile fronting business cession statements to ensure accurate reporting of ceded premiums and claims
Analyze collateralization, credit risk, deal construct, and financial health of partner and/or 3 rd party reinsurer
Organize and provide documentation for annual audits performed on our internal reinsurance and direct writer captive facilities
Coordinate communication with key stakeholders to support a seamless review and sign-off process
Qualification
Required
Bachelor's degree in Accounting, Finance, or a related field from an Accredited institution required
3+ years of experience working in an operational/financial role required
Demonstrated experience with audit coordination and preparation of supporting schedules
Proficient with use of computers and Microsoft Office including Outlook, Word, Excel and PowerPoint
Travel may be required
Preferred
Operational insurance and reinsurance experience
Knowledge of underwriting reporting and financial concepts, as well as accounting principles (e.g. IFRS & Statutory reporting)
Exhibits strong aptitude for coordinating across multiple shared service areas and business units
Possesses strong communication and analytical skills with a high level of accuracy
Excellent organizational and time management abilities with capacity to multi-task
Proven competence to work independently and manage multiple priorities effectively
Demonstrates strong presentation capabilities and a solutions and service orientation
Benefits
Competitive compensation package
Generous 401K employer match
Employee Stock Purchase plan with employer matching
Generous Paid Time Off
Excellent benefits that go beyond health, dental & vision. Our programs are focused on your whole family’s wellness, including your physical, mental and financial wellbeing
Tuition reimbursement
Industry-related certifications
Professional training to keep you progressing on your chosen path
Matching donation program
Volunteer opportunities
Employee-driven corporate giving program that lets you participate and support your community
Company
Crum & Forster
Crum & Forster specializes in commercial insurance, claims, risk assessments as well as accident and health insurance.
1001-5000 employees
H1B Sponsorship
Crum & Forster has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (7)
2024 (10)
2023 (3)
2022 (12)
2021 (9)
2020 (12)
Funding
Current Stage
Late StageLeadership Team
David Thomas
Senior Vice President - Head of Surety Claims
David Webb
Senior Vice President, C&F Stop Loss
Recent News
2025-11-11
Company data provided by crunchbase