The Reinsurance Accountant will assume primary responsibility for all aspects of accounting for assigned reinsurance contracts.
- Maintain the accuracy of premium information on reinsurance contracts including endorsements, premium adjustments and cash allocations
- Maintain all aspects of reinsurance contracts including bordereau reporting, claim payments and cash allocations
- Monitor aging of accounts receivable
- Monthly bordereaux reconciliation and data integrity checks
- Prepare monthly/quarterly working papers for journal entries to record activities for the accounting close process
- Review and analysis of cash receipts, payments and applications
- Prepare monthly/quarterly reinsurance account reconciliations to ensure accuracy of the general ledger
- Assist in the preparation of reinsurance cession statements, US GAAP and Statutory reports, regulatory filings, and audits
- Track deliverables and ensures compliance with prescribed due dates
- Other projects and/or tasks as assigned
