Senior Reinsurance Accountant
2 days ago
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OnsiteFull-timeSenior
Summary
Berkley Re (a Berkley Company) is seeking a Senior Reinsurance Accountant to join their team in Stamford, CT. The role involves overseeing the operational and accounting processes related to assumed and ceded treaties from the reinsurance portfolio.
About the Role
As a Senior Reinsurance Accountant, you will be responsible for ensuring the integrity of financial data, supporting strategic reinsurance initiatives, and managing the timely processing of assigned reinsurance transactions. Your daily tasks will include reviewing complex reinsurance treaties, recording premiums and losses, overseeing cash applications, preparing ceded bordereau, managing premium receivable aging, and supporting financial reporting and ad hoc projects.
About You
Required:
- Bachelor's degree in finance or accounting (associate's degree minimum).
- Minimum of 5 years’ experience in reinsurance operations - Facultative and Treaty.
- Strong understanding of assumed and ceded reinsurance accounting concepts.
- Ability to understand and interpret complex reinsurance contracts.
- Advanced Excel skills and SQL knowledge.
Preferred:
- Courses in Computer Science and/or Insurance Certifications.
- Experience with Reinsurance Source Systems, XLPro system knowledge.
- Exposure to automation tools (e.g., Power BI, RPA).
- Strong communication skills to express views clearly to finance, underwriting, actuarial, and claims executives.
Benefits
- Health, Dental, Vision, Life, Disability, Wellness, Paid Time Off, 401(k) and Profit-Sharing plans.
Berkley Re (a Berkley Company)
Berkley Re provides other insurance companies and self-insured businesses with assistance managing their net risk through reinsurance in one of two ways: (1) treaty reinsurance on a portfolio basis, in which Berkley Re agrees to reinsure either a portion of the primary insurer’s business or certain classes of business defined under an agreement known as a treaty; or (2) facultative reinsurance, in which Berkley Re agrees to cover certain risks on a case-by-case basis. Berkley Re operates globally with local experts domiciled in Asia, Australia, Latin America, the United Kingdom, and the United States.
Stamford, CT