Trean Insurance Group

Accountant

• Processes reinsurance accounting functions for assigned accounts including premium and claims reports
• Provides back up coverage for reinsurance accounting functions on assigned accounts and as needed
• Understands reinsurance contract terms and verifies premiums and claims are transacted accordingly
• Identifies key contract terms and input into the accounting and claims system. Identifies and resolves differences
• Monitors contractual reporting and payment due dates and requests premiums and reporting from clients to ensure timely receipt
• Reviews client accounts and adjustment calculations for accuracy and compliance with contract terms
• Enters and approves premium and claims transactions in Accounting/Claims system
• Assists insurance companies with all aspects of reinsurance transactions including preparing reports, performing required calculations, answering questions regarding contract terms and assisting clients with calculation of their Schedule F funding requirements and obtain Letters of Credit from reinsurers, ensuring that all beneficiary requirements are met and documents are received prior to deadlines
• Monitors and reconcile ledger balances
• Compiles and monitors premium and claim history
• Coordinates payments between insurance companies and reinsurers
• Reviews receivable and payable reports to ensure no out of pocket situations arise
• Receives initial loss notices, loss status updates and proofs of loss from clients and forward to applicable reinsurers
• Reviews and analyzes claim documentation, confirming coverage under treaty; Identifies key treaty terms such as retention & limit, LAE treatment, loss reporting requirements, loss attachment basis, etc.
• Reviews and prepares loss calculations to ensure accuracy and compliance with terms of treaty
• Assists in claim dispute resolution and facilitates recoveries
• Assists in claim audits, as needed, in obtaining the information necessary for audit
• Reviews open claim status reporting to ensure claims are being settled within terms of treaty
• Assists in collecting aged balances and processing open cash receipts
• Communicates effectively with internal sales staff and corporate on any unusual accounting or claims situations
• Performs other activities, duties and assignments as needed or requested

Reinsurance Accountant II

Accounting Manager

• Lead a team of accountants to accomplish all required monthly deliverables in a timely and accurate manner, continuously looking for ways to improve processes through automation and efficiencies
• Review Journal Entries and Account Reconciliations as assigned, suggesting and implementing improvements whenever necessary
• Develop accountants by explaining concepts, providing support and training, setting expectations, and providing constructive feedback
• Take the initial lead on research and resolution on complex topics identified by others on the team.
• Provide guidance and back up assistance for the accountants for monthly accounting tasks such as journal entries and account reconciliations as well as daily accounting tasks such as deposits, invoice entry, billing and collections, prepaid and deferred items, or fixed assets
• Review and/or initiate wire and ACH transactions and prepares bank transactions as well as assists in escheat process
• Lead escalated communication with customers or vendors on accounting issues
• Design and implement solutions for new and valuable account reconciliations and reviews advanced account and/or bank reconciliations to maintain proper up-to-date supported account balances
• Propose and implement solutions for research and resolving reconciliation discrepancies and outstanding items
• Onboard new companies in the ledger and financial reporting structure for new entity acquisitions and org chart changes
• Review and report on monthly close checklist items within required timeline and provide backup where necessary on close items and is responsible for modifications to the close checklist to support financial statements
• Utilize standard reporting tools as well as validate new reporting tools as needed
• Collaborate with other accounting team members and the broader accounting team on project goals
• Manage aspects of the annual audit by working closely with staff to complete open item requests

Accounting Supervisor

• Reviews and analyzes general ledger transactions and batches by gathering financial data and using appropriate systems
• Provides back up assistance for daily accounting tasks such as deposits, invoice entry, billing and collections, prepaid and deferred items, or fixed assets
• Initiates wire and ACH transactions and prepares bank transactions as well as assists in escheat process
• Assists with escalated communication with customers or vendors on accounting issues
• Designs and implements solutions for new and valuable account reconciliations and reviews advanced account and/or bank reconciliations to maintain proper up-to-date supported account balances
• Proposes and implements solutions for research and resolving reconciliation discrepancies and outstanding items
• Onboards new companies in the ledger and financial reporting structure for new entity acquisitions and org chart changes
• Reviews and reports on monthly close checklist items within required timeline and provide backup where necessary on close items and is responsible for modifications to the close checklist to support financial statements
• Utilizes standard reporting tools as well as validates new reporting tools as needed
• Collaborates with other accounting team members and the broader accounting team on project goals
• Manages aspects of the annual audit by working closely with external auditors and staff to complete open item requests
• Maintains professional and technical knowledge by attending educational workshops, reviewing professional publications, participating in professional societies
• Mentors accounting staff and business users on Microsoft GP, Prospero and accounting concepts, techniques, technology, and processes
• Performs other activities, duties and assignments as needed or requested

Senior Accountant

• Assist in validating system premium and loss calculations ensuring accurate results by program
• Investigate discrepancies between system calculations versus manual processing results
• Collaborate with program accounting staff and IT as needed to assist with data validation
• Conduct high level analysis of system Pre-Production versus Production and validate results

Business Analyst

• Identify, analyze, and translate evolving business needs into actionable solutions.
• Evaluate the impact of organizational and system changes.
• Document requirements and facilitate effective communication among stakeholders.
• Document and update end-to-end accounting workflows.
• Drive process improvements and support system implementations and integrations.
• Ensure alignment between business objectives and technology solutions.
• Work independently while promoting cross-functional collaboration.
• Manage multiple concurrent projects with varying priorities.

Business Analyst III

Claims Specialist

• Investigating and evaluating losses, expense and coverage under Commercial General Liability program.
• Developing investigation plans and defense strategies unique to each claim.
• Investigating and negotiating resolution of claims within pre-determined authority.
• Managing daily workflow to effectively process claims in a timely manner.
• Instructing and managing third-party investigative staff and attorneys.
• Evaluating coverage as bears to a claim and articulating the coverage position.

Senior Claims Examiner – Specialty Casualty

Financial Planning and Analysis

• Responsible for accurate and timely budgeting, forecasting, and financial analysis.
• Assist with long-range planning and scenario analysis.
• Develop and maintain complex financial models.
• Monitor forecast accuracy and provide insightful commentary.
• Partner with underwriting, actuarial, and operations teams.
• Prepare monthly and quarterly management reporting packages.
• Perform ad-hoc business analyses as needed.