Lyneer Search Group
Business Development Director Lyneer Search Group
The Reinsurance Accounting Manager will oversee all aspects of reinsurance accounting and reporting. This role ensures accurate financial reporting, compliance with regulatory requirements, and effective management of ceded and assumed reinsurance transactions. The Manager will serve as a key liaison between internal stakeholders, reinsurers, brokers, and auditors, while leading a small team of analysts to support the company’s reinsurance strategy.
Base pay range $130,000.00/yr - $160,000.00/yr
Key Responsibilities
Manage ceded and assumed reinsurance accounting, including treaty and facultative agreements.
Ensure timely and accurate booking of premiums, commissions, losses, and recoverables.
Prepare monthly, quarterly, and annual reinsurance financial statements and reconciliations.
Maintain compliance with US GAAP, statutory accounting principles (SAP), and regulatory requirements.
Support external and internal audits, providing documentation and explanations as needed.
Implement and monitor internal controls to safeguard reinsurance assets and liabilities.
Lead and mentor a team of reinsurance accounting staff.
Collaborate with underwriting, claims, actuarial, and finance teams to ensure accurate reinsurance data flow.
Manage relationships with reinsurers and brokers, resolving discrepancies and ensuring timely settlements.
Provide insights on reinsurance program performance and financial impacts.
Assist in the evaluation of new reinsurance structures and contracts.
Contribute to process improvements and system enhancements for efficiency and accuracy.
Qualifications
Bachelor’s degree in Accounting, Finance, or related field (CPA preferred).
7+ years of progressive experience in insurance or reinsurance accounting, with at least 3 years in a managerial role.
Strong knowledge of property & casualty insurance and reinsurance principles.
Proficiency in US GAAP and SAP accounting standards.
Experience with reinsurance systems (e.g., SICS, SAP, or similar) and advanced Excel skills.
Excellent analytical, organizational, and communication skills.
Ability to manage multiple priorities in a fast‑paced environment.
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Accounting/Auditing
Industries Insurance
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Base pay range $130,000.00/yr - $160,000.00/yr
Key Responsibilities
Manage ceded and assumed reinsurance accounting, including treaty and facultative agreements.
Ensure timely and accurate booking of premiums, commissions, losses, and recoverables.
Prepare monthly, quarterly, and annual reinsurance financial statements and reconciliations.
Maintain compliance with US GAAP, statutory accounting principles (SAP), and regulatory requirements.
Support external and internal audits, providing documentation and explanations as needed.
Implement and monitor internal controls to safeguard reinsurance assets and liabilities.
Lead and mentor a team of reinsurance accounting staff.
Collaborate with underwriting, claims, actuarial, and finance teams to ensure accurate reinsurance data flow.
Manage relationships with reinsurers and brokers, resolving discrepancies and ensuring timely settlements.
Provide insights on reinsurance program performance and financial impacts.
Assist in the evaluation of new reinsurance structures and contracts.
Contribute to process improvements and system enhancements for efficiency and accuracy.
Qualifications
Bachelor’s degree in Accounting, Finance, or related field (CPA preferred).
7+ years of progressive experience in insurance or reinsurance accounting, with at least 3 years in a managerial role.
Strong knowledge of property & casualty insurance and reinsurance principles.
Proficiency in US GAAP and SAP accounting standards.
Experience with reinsurance systems (e.g., SICS, SAP, or similar) and advanced Excel skills.
Excellent analytical, organizational, and communication skills.
Ability to manage multiple priorities in a fast‑paced environment.
Seniority Level Mid‑Senior level
Employment Type Full‑time
Job Function Accounting/Auditing
Industries Insurance
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