Reinsurance Accounting Supervisor

An established and rapidly expanding insurance organization is seeking a Reinsurance Accounting Supervisor to join its growing team. This role focuses on managing complex treaty quota share accounts while overseeing a Junior Accountant. The ideal candidate will have a strong background in reinsurance accounting, a keen eye for detail, and the ability to navigate a fast-paced environment.

Location: Onsite in Manhattan, NY (4-5 days/week) - relocation assistance provided

Comp: Up to 175K + bonus + benefits

Key Responsibilities:

• Prepare and manage ceded treaty and facultative reinsurance accounts, including complex transactions.
• Ensure accurate and timely recording of reinsurance-related financial transactions, including premiums, claims, and commissions.
• Work closely with management to validate financial data accuracy.
• Oversee cash application processes, generate cash call billings, track collections, and prepare aging reports for receivables/payables.
• Supervise and mentor a Junior Accountant, providing training, guidance, and performance evaluations.
• Maintain compliance with internal policies and industry regulations while continuously improving accounting processes.
• Conduct reconciliations, generate ad-hoc reports, and support upper management with financial reporting and regulatory filings.
• Assist with statutory reporting (e.g., Schedule F) and internal/external audits.
• Analyze reinsurance data to identify discrepancies, trends, and areas for improvement, working alongside various departments to resolve issues.
• Serve as a key contact for internal and external stakeholders on reinsurance accounting matters.

Qualifications:

• Bachelor’s degree in Accounting, Finance, or a related field.
• 5-7 years of reinsurance accounting experience, with a focus on Treaty and Facultative processing (both ceded and assumed preferred).
• Proven leadership experience, with strong supervisory and mentorship abilities.
• In-depth knowledge of reinsurance principles, accounting standards, and compliance requirements.
• Proficiency in accounting systems and Microsoft Excel (advanced functions preferred).
• Strong analytical and problem-solving skills with attention to detail.
• Ability to work collaboratively across departments and with external partners.
• Excellent organizational skills, with the ability to manage multiple priorities and deadlines.
• Familiarity with reinsurance platforms such as RiPro (URS) or SRM (Sapiens) is a plus.

This is an opportunity to join a dynamic team at a company committed to growth and innovation in the insurance industry. If you are looking for a role that offers professional development and leadership opportunities, we encourage you to apply.