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Reinsurance Accountant

The Hartford
Coral Gables, United Statesfull_timeVerifiedPosted 7 Nov 2023
💰 $92,160/yr($61,440/yr$92,160/yr)

About the role

Reinsurance Analyst - RB08CE

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.   

         

In this role, the Reinsurance Accounting Analyst will be responsible for technical accounting duties including high level analysis, processing, and booking assumed reinsurance statements in the sub-ledger system of record which includes monthly, quarterly, and annual reporting.

Responsibilities:

  • Accurately perform technical accounting duties such as statement analysis, booking premiums and claims transactions, and cash allocation activities

  • Complete financial settlement activities according to policy terms and agreements and timely management of overall cash flow

  • Review and analyze statement submissions ensuring all required supporting documentation has been received

  • Develop strong relationships and work collaboratively with other functional areas (Underwriting, Claims, Finance) and clients to clarify and resolve queries, incorrect data, and missing information to facilitate timely and accurate statement processing

  • Achieve qualitative and granular understanding of accounts and reported balances

  • Leads development, maintenance, and distribution of concise and accurate monthly/quarterly/annual reporting of accounts and ensures regulatory compliance

  • Work on projects as part of the team and takes a lead role as opportunities and special projects are presented and assigned

Qualifications:

  • Bachelor's degree in accounting/finance or related field desired

  • GAAP accounting & reporting experience desired

  • 3+ years of accounting, reporting or finance experience

  • Bilingual Spanish/English strongly desired

  • Proactive individual with well-developed communication skills, analytical and documentation skills, and with high attention to detail

  • Ability to react and successfully balance multiple competing priorities in a dynamic, fast-paced work environment under strict time constraints

  • Proven track record of taking initiative to research and resolve issues

  • Strong computer skills and desire to learn new applications with advanced MS Excel knowledge

  • High level of discipline and ability to work independently and within a team to drive bottom line results

  • Reinsurance accounting background a plus

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$61,440 - $92,160

Equal Opportunity Employer/Females/Minorities/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

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Company

The Hartford

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