Manager Reinsurance Accounting

Job description

- **Job Description: Knowledge of insurance and reinsurance accounting principles** - Strong **reconciliation and analytical skills** - Understanding of **premium, claims, commissions, and treaty structures** - Proficiency in **accounting systems, Excel, and financial reporting tools** - Attention to detail and strong **stakeholder coordination** - Responsibilities: Record and reconcile reinsurance premium transactions , commissions, and adjustments. - Process and monitor **claims recoverable from reinsurers** and ensure timely settlements. - Prepare and review **reinsurance bordereaux, statements of accounts, and balances** with reinsurers and brokers. - Perform **monthly, quarterly, and annual closing activities** related to reinsurance accounting. - Reconcile **reinsurance balances with underwriting systems and general ledger accounts** . - Coordinate with **underwriting, claims, actuarial, and finance teams** to ensure accuracy of data and transactions. - Support **financial reporting, regulatory filings, and audits** related to reinsurance activities. - Monitor **outstanding balances and aging with reinsurers and brokers** and follow up for settlement. - Ensure compliance with **applicable accounting standards, regulatory guidelines, and internal controls** . Qualifications: 10+ years of experience in Reinsurance Accounting