Reinsurance Staff Accountant

We’re thrilled that you are interested in joining us here at the Amynta Group!

Reinsurance accountant

• Reinsurance Accounting
The Reinsurance Accountant is responsible for reconciling reinsurance transactions. This involves ensuring that all transactions are accurately reflected and properly documented.
o Once treaties are bound, ensure that all invoices are set up properly (frequency and amount) based on reinsurance treaty
o Develop a standard for clearing up all unallocated cash
o Excess of loss
 Process all payments allocating to premiums and brokerage, process any reinstatement premiums 
 As soon as reasonably possible, track annual adjustment premiums and set up necessary invoice; when contractually requirements state that adjustments are due, follow up with broker if ample time has passed and adjustments have not been made; process any additional premium received or set up payment of return premiums ensuring that Minimum Premiums are adhered to
o Pro Rata
 Complete quota share template and process all premiums
 Where gaps exist in reporting (and not found in any outstanding emails), contact broker for missing reports; underwriters would be available to assist if discussions with broker admin and accounting does not solve the missing reports
 Ensure that all reporting and payments for all accounts are received from the broker within contractual terms
 Document any changes to subject base and adjust invoices accordingly
o Implement process to reconcile system information with information provided by the broker

The Amynta Group (the “Company”) is committed to a policy of Equal Employment Opportunity and will not discriminate against an applicant or employee on the basis of any ground of discrimination protected by applicable human rights legislation. The information collected is solely used to determine suitability for employment, verify identity and maintain employment statistics on applicants.

Applicants with disabilities may be entitled to reasonable accommodation throughout the recruitment process in accordance with applicable human rights and accessibility legislation. A reasonable accommodation is an adjustment to processes, procedures, methods of conveying information and/or the physical environment, which may include the provision of additional support, in order to remove barriers a candidate may face during recruitment such that each candidate has an equal employment opportunity. The Company will accommodate a candidate to the point of undue hardship. Please inform the Company's personnel representative if you require any accommodation in the application process.