Preparing and processing accrual reporting requirements for submission to Finance on a monthly basis
Preparing monthly results reporting for submission to Finance during the month-end close cycle
Receive data files from Finance, premiums and claims systems to prepare and submit settlement report to reinsurers
Perform reasonableness checks on period-to-period movement
Identify and document reasons for larger fluctuations
Ensure premium and claim amounts are accurate and reasonable month to month and quarter to quarter
Coordinate and ensure payments to and collections from Reinsurers are made in a timely manner
Track, research and resolve inquiries made by Reinsurers
Participate in the implementation of new reinsurance treaties and treaty amendments as needed

Requirements

Three to five years of experience in Financial Operations, preferably in Reinsurance Administration or Accounting role(s)
Bachelor’s Degree in Finance, Accounting or Business Administration
Must understand what reinsurance is and how group ceded reinsurance works
Must comprehend reinsurance treaties and their requirements
Strong written communication skills
Ability to communicate in a clear and concise manner
Moderate to advanced Excel and Access skills
Basic skills in accounting and ledger entries
Demonstrated ability to develop, maintain and enhance process documentation
Working knowledge of Group (Life, Health) and Stop Loss products
Experience with Python, Tableau or Dataiku a plus

Benefits

Applicant Tracking System Keywords

Tip: use these terms in your resume and cover letter to boost ATS matches.

accrual reportingmonthly results reportingreasonableness checkspremium and claim accuracyledger entriesprocess documentationExcelAccessPythonTableau

written communicationclear communicationproblem-solving