Perform all cash related aspects of facultative assumed & ceded accounting including cash entry, cash application, cash reconciliation, and assist with collections.
- Enter daily cash receipts and disbursements in the reinsurance system
- Apply cash receipts and disbursements
- Assist in collecting overdue account receivable/payable balances
- Research, document, and resolve unapplied cash issues
- Work closely with other Reinsurance Accounting team members to resolve cash discrepancies
- Prepare monthly cash reconciliation
- Prepare monthly billing statements
- Review and post bound XOL contracts in the reinsurance system
- Ensure effective SOX controls are maintained and followed
- Ad hoc related tasks as needed or other duties as required to support the team
