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Aston Carter · 6 hours ago

Senior Ceded Reinsurance Accountant

New York, NY

Full-time

Onsite

Mid, Senior Level

$105K/yr - $120K/yr

Aston Carter provides corporate talent solutions and is seeking a Senior Ceded Reinsurance Accountant. This role involves managing the accounting and reporting of ceded reinsurance activities, ensuring compliance with financial standards, and collaborating with various stakeholders to maintain financial integrity.

ConsultingHuman ResourcesInformation Technology

Growth Opportunities

Responsibilities

Perform comprehensive insurance and reinsurance accounting activities, including premiums, losses, deposits, collateral, recoveries, and cash allocations

Prepare, validate, and distribute treaty reinsurance bordereaux in an accurate and timely manner

Prepare treaty settlements and manage reinsurance collections

Validate facultative premiums and claims; prepare and process settlements and collections

Apply cash to ceded reinsurance accounts and research open or unidentified cash items

Research, reconcile, and resolve discrepancies; respond to broker and internal stakeholder inquiries

Perform monthly reconciliations of system-generated ceded balances to general ledger source reports

Support month-end, quarter-end, and year-end close and reporting processes

Prepare and support regulatory and financial reporting requirements

Assist with internal audits and external GAAP audits by providing documentation, analyses, and explanations as needed

Review aging of outstanding reinsurance recoverables and proactively resolve issues delaying collection

Participate in special projects, including data analysis, reconciliations, external reporting initiatives, and process improvement efforts

Qualification

Reinsurance accountingGAAP complianceGeneral Ledger accountingCPA designationAdvanced Excel skillsFinancial reportingAnalytical skillsOrganizational skillsProblem-solving skillsEffective communication