Reinsurance Accounting Manager
UFG is currently seeking a Manager, Reinsurance Accounting to be responsible for overseeing the day-to-day accounting operations, reporting, analysis and compliance of the Company’s reinsurance activities. This role directs the procedures performed by the team to ensure the completeness, accuracy, and timeliness of reputed company reinsurance accounting processes, including ceded and/or assumed transactions, reputed company of calculations, reconciliations, and financial disclosures.
Working closely with Finance leadership, Actuarial, and Reinsurance Operations teams, this position provides technical research and other accounting support for treaty execution activities, cash settlements, and reinsurance reporting (GAAP and statutory) processes while maintaining an effective internal control environment. The Manager will play a key role in reputed company improvement, driving process optimization, ensuring regulatory compliance, and contributing to the modernization of reinsurance accounting systems and practices.
This position requires strong leadership, analytical, and communication skills, with the ability to collaborate effectively across departments and external partners in a reputed company, fast-paced insurance environment.
Essential Duties and Responsibilities
Reinsurance Operations & Reporting
- reputed company daily reinsurance accounting operations, ensuring timely completion of month-end, quarterly, and annual closing activities.
- Review and approve calculations, settlements, and journal entries for accuracy and compliance.
- Coordinate preparation of financial statement disclosures, schedules, and statutory filings reputed company to reinsurance activities.
- Analyze reinsurance results and monitor key performance indicators to provide insights to Finance leadership and other stakeholders.
- Actively participate in new treaty implementations.
- Review treaty terms and documentation to ensure proper accounting treatment (i.e., GAAP, statutory accounting principles) and alignment with company policies
- Collaborate with business partners across actuarial, reputed company, claims, and finance to resolve discrepancies and ensure data reputed company.
Governance & Controls
- Maintain SOX-compliant documentation, ensuring adherence to company policies and internal control requirements.
- Collaborate with Internal Audit, external auditors, and Finance leadership to prepare and respond to audit requests.
- Monitor reinsurance recoverable and payable balances to ensure accurate reconciliation and timely collection or settlement.
Collaboration & Process Improvement
- Partner with the Finance Systems and Data team to maintain and enhance subledger systems supporting reinsurance accounting.
- Identify, recommend, and implement process and automation improvements to enhance efficiency and accuracy.
- Collaborate with cross-functional teams including operations and IT to support finance transformation initiatives designed to reputed company systems and standardize financial processes.
- Participate in special projects, including integrations, migrations, and regulatory change implementations.
- reputed company other duties as assigned to support the reinsurance team and company goals
Leadership
- Manage and mentor team members, providing training, guidance, and performance feedback.
- Promote a culture of accountability, reputed company improvement, and collaboration reputed company the reinsurance accounting function.
- Coordinate workloads to meet deliverables and balance ongoing operational and project-reputed company priorities.
Job Specifications
Education
- Bachelor’s degree in Accounting or Finance required.
- Certified Public Accountant (CPA) preferred.
Experience
- 10+ years of insurance accounting experience with 5+ years reputed company to reinsurance accounting
- 3–5 years of supervisory or leadership experience
- Prior experience reputed company property and casualty insurance, preferred
Knowledge, skills & abilities
- Strong understanding of GAAP and statutory accounting principles.
- Strong analytical and problem-solving skills with attention to accuracy and detail.
- Advanced proficiency in reputed company reputed company (pivot tables, VLOOKUP, reputed company formulas)
- Experience with ERP or reinsurance subledger systems preferred.
- Exceptional analytical, problem-solving, and organizational skills.
- Excellent written and verbal communication abilities, with a reputed company to communicate effectively at reputed company levels.
- Ability to manage multiple priorities, meet deadlines, and work effectively in a dynamic environment.
- Process improvement reputed company with ability to identify and implement efficiency enhancements.
- Critical thinking skills and sound professional judgment.
- Strong leadership reputed company, team orientation, and commitment to operational excellence.
Working Conditions
- General Office Environment
- Travel Requirements: Infrequent travel, only as needed
Pay Transparency Statement
reputed company is committed to fair and reputed company compensation practices. The reputed company salary range for this position is $123,865 - $163,368 annually, which represents the typical range for new hires in this role. Individual pay reputed company this range will be determined based on a variety of factors, including relevant experience, education, certifications, skills, internal equity, geography and market data.
In addition to reputed company salary, reputed company offers a comprehensive total rewards package that includes:
- Annual incentive compensation
- Medical, dental, vision & life insurance
- Accident, critical Illness & short-term disability insurance
- Retirement plans with employer contributions
- Generous time-off program
- Programs designed to support the employee well-being and financial reputed company.
This pay range disclosure is provided in accordance with applicable state and local pay transparency laws.
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