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Nelnet · 15 hours ago

Reinsurance Controller

Lincoln, NE

Full-time

Onsite

Senior Level

$180K/yr - $180K/yr

5+ years exp

Nelnet is a diversified and innovative company committed to enriching lives through various financial services. They are seeking a Reinsurance Controller to lead finance strategy, reporting, and controls across their reinsurance portfolio while managing a team and ensuring timely and accurate results.

Financial ServicesInformation TechnologyPayments

No H1B

Responsibilities

Financial leadership, planning & performance

Own NIS reinsurance financials and annual operating rhythm (close calendar, board/leadership reporting cycles)

Convert treaty and portfolio performance (ELR, margin, UW profit, float) into clear, actionable insights

Partner with Management, Actuarial, and Program leadership on renewals and capital allocation decisions

Close, reporting & narratives (oversight)

Set standards for monthly/quarterly reinsurance close in accordance with the consolidated close calendar

Ensure accurate consolidation (hierarchy income statements, balance sheet), plus reserve roll forward, reinsurance cash activity, collateral/investment schedules and program summaries

Drive discipline and prevent rework through QA and signoffs

Treaty lifecycle (premium, losses, settlements)

Establish the end-to-end treaty accounting governance: bordereau intake, validation, earned vs written premium, UEPR, and LAE treatment

Set SLAs with brokers/carriers, approve settlements/refunds/cash calls, and lead resolution of structural variances and data integrity issues

Maintain the treaty controls library (desk procedures, checklists, risk/control matrices)

Capital, collateral & treasury (trusts/bonds/cash)

Oversee collateral trust and investment reporting (cash, bonds, valuations), ensuring alignment with treaty and regulatory requirements

Coordinate with Investments on liquidity and yield within risk constraints

Actuarial, reserving & regulatory coordination

Partner with Actuarial on loss picks, ELR movements, and reserve adequacy; ensure consistent, timely incorporation into financials

Oversee actuarial report/SAO submissions and the evidence trail for regulatory inquiries

Maintain a calendar for regulatory filings and related governance artifacts

Controls, audit & compliance ownership

Own outcomes for internal audits over reinsurance; remediate gaps; evidence control performance

Embed preventative controls in workflows (segregation of duties, approvals, data checks) and monitor via KPIs (e.g., recon aging, error rates)

Data, systems & automation

Lead the BDX/data automation roadmap to book actuals

Sponsor tool improvements (data quality rules, reconciliation engines, version control, artifact indexing) and drive adoption

Executive & board communication

Prepare executive briefs and board materials; present results, risks, and recommendations concisely

Serve as the senior finance interface to internal leaders on treaty performance

Qualification

AccountingFinanceCPAGAAPData orientationProcess automationExecutive communicationStakeholder managementChange leadershipTalent developmentStrategic thinking