Job Description

Our Houston based Specialty Insurance client is looking to add an Accountant to their Reinsurance team. This role is Direct Hire, and allows for 1 day a week WFH The Ideal candidate will have will have 2 - 4 years of Accounting experience, a bachelors degree in Accounting or Finance, and good Microsoft excel skill.

Key Responsibilities:

• Prepare various monthly reinsurance settlements
• Work along side departments to ensure Reinsurance settlements are completed timely and accurately
• Work directly with and respond to inquiries from reinsurers/brokers.
• Assist in the reconciliation of the sub-ledger to the general ledger for reinsurer balances payable and paid loss recoverable' s.
• Compile and analyze financial information to prepare various reports for management including but not limited to those regarding facultative, treaty, and excess of loss coverage for reinsurance programs.
• Interpret and input reinsurance agreements into financial system for use by Underwriting, Claims, Compliance, and Accounting departments.
• Assist in the preparation of quarterly Schedule F and various intergroup reporting on both a consolidated and company basis.
• Work with Director of Insurance reporting to assume responsibility of performing portfolio transfers
• Work with affiliated insurance companies to review requested Letters of Credit pertaining to unauthorized reinsurers as it relates to business underwritten by the Company.
• Review forms and reports prepared by other team members for accuracy and completeness.

Requirements

• Bachelors degree in in Accounting or Finance
• Relevant and progressive professional experience.
• Intermediate proficiency and experience using Microsoft Excel, PowerPoint, Word.

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