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Equitable

Lead Reinsurance Treaty Accountant

Equitable, Virginia, Minnesota, United States, 55792

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1 week ago Be among the first 25 applicants Get AI-powered advice on this job and more exclusive features. Overview

Base pay range: $100,000.00/yr - $163,000.00/yr At Equitable, our power is in our people. We are individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you'll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. This role is based in Bermuda. Preference will be given to those candidates who have current Bermuda work authorization. Position

The Lead Reinsurance Treaty Analyst is an expert in analysis for complex reinsurance initiatives including impact analysis, current and future state process flows and expertise on assumed and ceded reinsurance strategies and functions, implementation and testing. Responsibilities

Daily reinsurance accounting activities, including transaction recording, reconciliation, and ledger maintenance. Interpret and operationalize complex reinsurance contracts in accordance with applicable accounting standards. Establish and uphold internal policies and procedures for reinsurance financial operations. Ensure timely issuance of billing statements and collections from reinsurers. Identify trends and variances through financial data review; advise leadership on potential improvements. Perform routine account reconciliations and resolve discrepancies effectively. Maintain strict adherence to accounting standards, regulatory requirements, and internal control procedures. Prepare for internal and external audits, providing all necessary documentation and insights. Knowledge of contract provisions, reinsurance concepts and principles and general business trends. Use business process design tools, including process maps and flow charts, to clarify reinsurance problems, goals and requirements to various Reinsurance stakeholders. Provide extensive subject matter expertise to support our enterprise strategy for reinsurance data. Support an agile project management framework to prioritize and pace projects with a cross-functional team. Monitor client accounts / statistics by using internal reports, perform data analysis and support stakeholders with reports and statistics. Financial Reporting US GAAP/US STAT/Bermuda STAT, Schedule S, etc. Familiarity with BMA BSCR reporting. Qualifications

Required Qualifications: Bachelor’s degree in accounting, Finance or a related discipline. 5+ years experience in reinsurance accounting, claims and reporting within the insurance industry, ideally in the Life and Annuities. Established technical knowledge of reinsurance arrangements, accounting principles, and regulatory frameworks. Proven knowledge working with Microsoft Excel and financial systems; experience with reinsurance tools (e.g., RMS, AIR) is an advantage. Demonstrated analytical skills, attention to detail, and ability to manage complex datasets. Effective communication and interpersonal skills for team leadership and collaboration with internal and external stakeholders and team members. Ability to thrive in a dynamic, deadline-driven environment. Proactively seeks advice for new issues and suggests solutions. Preferred Qualifications: CPA, industry designation (i.e. ALMI, FMLI) or equivalent certification. Business Objects, Analysis for Office, Power BI, and Tableau. About Equitable

At Equitable, we’re a team committed to helping our clients secure their financial well-being so that they can pursue long and fulfilling lives. We turn challenges into opportunities by thinking, working, and leading differently – where everyone is a leader. We encourage every employee to leverage their unique talents to become a force for good at Equitable and in their local communities. We are continuously investing in our people by offering growth, internal mobility, comprehensive compensation and benefits to support overall well-being, flexibility, and a culture of collaboration and teamwork. Equitable is committed to providing equal employment opportunities to our employees, applicants and candidates based on individual qualifications, without regard to race, color, religion, gender, gender identity and expression, age, national origin, mental or physical disabilities, sexual orientation, veteran status, genetic information or any other class protected by federal, state and local laws. Note: Equitable participates in the E-Verify program. If reasonable accommodation is needed to participate in the job application or interview process or to perform the essential job functions of this position, please contact Human Resources. Details

Primary Location : Bermuda-Hamilton Schedule : Full-time Seniority level

Mid-Senior level Employment type

Full-time Job function

Accounting/Auditing and Finance

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