Safe-Guard Products International · 17 hours ago
Reinsurance Accountant
Safe-Guard Products International is a company that serves OEMs, top retailers, and independent agents in the automotive finance and insurance industry. They are seeking a Reinsurance Accountant who will be responsible for accurate reporting of cession statements, maintaining accounts receivables and payables, and performing reconciliations of assigned accounts.
AccountingAutomotiveCustomer ServiceRisk ManagementWholesale
Responsibilities
Prepare reinsurance reporting packages for clients timely and accurately
Assist with servicing and accounting for existing reinsurance deals properly
Assist with preparation of reinsurance payments
Monitor and account for trust account activity
Cash application into reinsurance system
Assist in implementing & modifying systems and procedures for accurate accounting and reporting of all ceded reinsurance activity
Design, generate, interpret, and publish ad hoc reports to Management
Accurately and quickly fulfill reporting requests from Sales, Marketing, Accounting, Management, and clients as needed
Communicate significant issues and trends to Management
Set-up new client reporting as necessary
Assist with the administrative functions of the reinsurance program
Partner with key personnel to assist with the proper interpretation, recognition, accounting & operational implementation, and reporting of reinsurance agreements
Assist with monthly financial accounting reconciliations
Assist with external and internal audit preparation and inquiries
Reconcile financial discrepancies by collecting and analyzing account information
Design, generate, interpret, and publish ad hoc reports to Management
Ensure the payment of reinsurance premiums, clear or adjust premium booking differences, and process receipts on a timely basis (within the terms of the reinsurance agreements)
Qualification
Required
Bachelor's Degree, Accounting, Finance or Business Administration
3-5 years of accounting and finance experience
Proficient experience with Microsoft Excel
Strong analytical and reconciliation skills
Excellent and effective communication and presentation skills
Working Knowledge of Microsoft Office Suite
Advanced Knowledge of spreadsheet software
Working knowledge of account procedures (i.e. Reconciliation, debits and credits, journalizing and posting)
Strong analytical skills and understanding of US GAAP
Preferred
Reinsurance experience is a plus
Prior insurance or auto industry experience is a plus
Familiarity with SQL (preferably Postgres SQL) a plus
Benefits
Medical, Dental, and Vision Insurance
Flexible Spending Account
Health Savings Account
401(k) Plan with Company Match
Company-paid Short-Term and Long-Term Disability
Company-paid Life Insurance
Paid Holidays and Vacation
Employee Referral Program
Employee Assistance Program
Wellness Programs
Paid Community Service Opportunities
Tuition Reimbursement
Ongoing Training & Personal Development
And More!
Company
Safe-Guard Products International
Safe-Guard is the only Protection Products Platform serving OEMs, top retailers, and independent agents in the finance and insurance sector of the automotive, powersports, marine, and RV industries.
Funding
Current Stage
Late StageTotal Funding
unknown2024-07-15Acquired
2007-07-11Private Equity
Recent News
The Business Journals
2025-01-10
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