Reinsurance (US Shift)

You will be responsible for reviewing ceded/assumed premium, commission, losses & IBNR results from the reinsurance system. Ensuring accurate accounting for premiums, claims, commissions, and reserves will be a key part of your role. You will also be preparing, reviewing, and analyzing monthly, quarterly, and annual financial statements, along with journal entries to correct any discrepancies in financial records. Maintaining proper transaction records and ensuring accurate consolidation of financial data for GL reconciliation will be essential. Additionally, you will assist in the preparation of internal and external regulatory reporting filings. Identifying areas for process improvement and implementing solutions to enhance efficiency and accuracy in accounting functions will be a part of your responsibilities. You should be comfortable working as part of a larger finance team and interact effectively with other departments such as underwriting, claims, and actuarial teams. Collateral review and management will also be within your scope of work. To excel in this role, you must possess good written and verbal communication skills, strong attention to detail, analytical skills, and problem-solving abilities. Being committed to specific objectives, taking ownership for accomplishing them, and balancing quality, customer service, and productivity standards are crucial competencies. You should be able to prioritize tasks, multitask efficiently, and work effectively in a fast-paced, deadline-driven environment. Excellent communication and interpersonal skills are required for successful collaboration within the team. To be eligible for this position, you need a Bachelor's degree in accounting, Finance, or a related field, along with 5+ years of experience for Assistant Manager (AM) and 7+ years of experience for Lead Assistant Manager (LAM) in reinsurance accounting. A strong understanding of GAAP and insurance industry-specific accounting practices is necessary. Proficiency in MS Excel (including IF functions, VLOOKUP, HLOOKUP, PIVOT, INDEXMATCH), PowerPoint, and accounting software is essential. Experience in the Reinsurance/Insurance domain, particularly in Sapiens, is preferred. Extensive knowledge of the US insurance and Insurance/Reinsurance Finance is an added advantage for this role.,