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Details
  • Location: Boston MA
  • Type: Perm
  • Job #25481

Company Overview:
A leading global investment firm with over $500 billion in assets under management is seeking an experienced accounting professional to manage reinsurance accounting and reporting activities. The role will be based in their Boston, MA office and involves supporting multiple operations and leadership throughout the organization.

Job Responsibilities:

  • Perform monthly and/or quarterly ledger close related procedures, including review of reinsurance journal entries, reconciliations, and analyses
  • Develop and maintain standardized reinsurance reports required for monitoring results
  • Review treaty documentation; verify information received from and provided to external parties complies with terms and conditions of treaties
  • Prepare analysis and commentary on key business drivers related to reinsurance results
  • Serve as the accounting support during review and onboarding of new transactions, as needed
  • Develop and implement standard reinsurance accounting models
  • Maintain effective internal controls, support internal and external audits, and regulatory examinations
  • Drive process improvements and automation efforts
  • Oversee accounting and financial reporting for complex ceded and assumed reinsurance treaties
  • Partner with multiple teams to ensure accuracy in reserve movements, deferred gains/losses, and reinsurance recoverables
  • Develop governance controls and documentation supporting treaty onboarding, premium settlements, and collateral tracking
  • Serve as key liaison for regulatory examinations and external auditors on reinsurance-related matters
  • Mentor junior accountants and analysts; provide technical guidance on reinsurance accounting treatments

Qualifications:

  • Bachelor's degree in accounting
  • 7+ years of experience in the insurance industry or public accounting
  • Experience with PeopleSoft General Ledger, Hyperion Financial Management, and Smartview/Essbase preferred
  • CPA preferred

Compensation:
Salary: $145,000 – $180,000, Plus Bonus
 

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