Facultative/Technical Reinsurance Accountant

PRO IS, Inc.

$70K — $95K *
US-AnywhereRemote in United States
Finance & Insurance
Less than 5 years of experience
Job Overview by Ladders

Qualifications

  • 3-5 years of facultative reinsurance accounting experience in Property and Casualty insurance.
  • Experience with Treaty Processing and Accounts Rendering.
  • Strong communication skills for effective coordination.
  • Excellent organizational skills to manage multiple tasks efficiently.
  • Good analytical skills and proficiency in PC applications.
  • Familiarity with Dynamics GP is strongly preferred.

Responsibilities

  • Review facultative recoverables for accuracy and promptness.
  • Prepare complex treaty accounts and manage facultative collections for losses.
  • Conduct reconciliations of accounts.
  • Manage cash calls and maintain communication with various brokers and companies.
  • Oversee the settlement process and collect outstanding balances.
  • Prepare financial, regulatory, and management reports as required.
  • Engage in process development and improvements for operational efficiency.

Benefits

  • Fully remote work arrangement.
  • Opportunity to be part of a passionate and talented workforce.
  • Engagement in process development initiatives.
  • Collaborative work environment with management.
Full Job Description
We are looking to add to our talented Reinsurance team to support our continued growth. Join us and become part of our talented and passionate workforce. This is a fully remote position. You must have a minimum of 3 years of Reinsurance Accounting experience. Do not apply if you don't meet that requirement - your application will not be considered nor responded to. Also note: Candidates must reside in the 48 contiguous United States and will not require visa sponsorship, now or in the future to be considered for this position.

Duties and responsibilities:
  • Responsible for reviewing facultative recoverable for timeliness and accuracy
  • Preparation of complex treaty accounts and facultative collections for losses
  • Reconciliations
  • Handle cash calls and communicate with multiple brokers and companies
  • Oversee settlement and the collection of balances
  • Prepare required financial, regulatory and management reports
  • Participate in process development and improvement projects
  • Collaborate with Management to confirm accuracy of financial transactions
  • Participate and actively engage in the development of new reinsurance processes and systems


Requirements:
  • 3-5 years of facultative reinsurance accounting experience, processing accounts rendering and settlements in the Property and Casualty lines of insurance
  • Experience with Treaty Processing and Accounts Rendering
  • Good communication skills
  • Organizational skills a must
  • Good analytical and PC skills
  • Dynamics GP experience strongly preferred.


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