Ceded Reinsurance Accountant

The Navigators Group, Inc. Stamford , CT 06901

Posted 2 weeks ago

Responsibilities:

  • Prepare Facultative and Proportional Treaty Billings and collections/settlements.

  • Prepare, bill and collect Ceded Profit Commission, Sliding Scale Commissions and Loss Corridor monthly and quarterly accounts as well as related payments.

  • Prepare Final Premium Adjustments for XOL contracts.

  • Apply cash, including the coordination of collections and allocations of premium and loss payments/receipts from brokers and reinsurers.

  • Prepare and post monthly/quarterly journal entries.

  • Support the preparation of schedules and analysis for internal and external reporting on a GAAP, Statutory and Management reporting basis.

  • Special projects as needed.

Requirements:

  • Bachelor's degree in insurance, business administration, accounting or finance preferred

  • 3 years' experience in reinsurance or insurance in an operational of finance related role

  • Ceded experience desirable but not required

  • Reinsurance/Ceded cash allocations and collections experience preferred

  • Proficient in Microsoft Office (Excel, Word, Access, etc.)

  • Experience with Genius system and Lloyd's Syndicate Processing (Subscribe & LORS) a plus

  • Strong analytical skills with attention to detail

  • Organized, able to prioritize and meet deadlines

  • Highly proactive and motivated self-starter

  • Strong communication skills and friendly demeanor

  • Customer focused

  • Possess a desire to make the extra effort to provide a differentiating experience for our customers

  • Understands that internal and external customers are highly valued

  • Values working in a fast paced, team environment looking to continually improve and grow

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