Reinsurance Accountant in Hoboken, NJ at Vaco

Date Posted: 11/4/2020

Job Snapshot

  • Employee Type:
    Full-Time
  • Location:
    Hoboken, NJ
  • Job Type:
  • Experience:
    Not Specified
  • Date Posted:
    11/4/2020
  • Job ID:
    REINS30736

Job Description

Vaco has a Senior Reinsurance Accountant role available in the Hudson County area starting immediately! This organization offers work/life balance, excellent benefits package with state-of-the-art training and technology. The ideal candidate will have a minimum of 5 years within reinsurance, strong accounting background and CPA a plus.

Responsibilities:

  • Ceded Reinsurance Processing
  • Set up of treaty and facultative contracts in the ceded reinsurance system in line with underlying contract terms and conditions, in accordance with corporate SOX guidance.
  • Review of weekly ceded reinsurance claims calculation from the ceded reinsurance system.
  • Review weekly ceded premium result from the ceded reinsurance system.
  • Review of weekly facultative notice and billing document generation
  • Along with IT, responsible for initiating weekly and monthly ceded premium and loss calculations.
  • Along with IT, responsible for completing the monthly application close.
  • Assist with the implementation of ceded reinsurance system enhancements.
  • Assist with other job-related duties as assigned.
  • Financial External Auditor Support
  • State Examiner Support
  • Internal Audit Support

Qualifications:

  • Minimum of 5 years ceded reinsurance accounting experience.
  • Familiarity with treaty and facultative reinsurance contract terminology.
  • US GAAP and STAT experience
  • Experience in the development of efficient systems and processes, including those meeting SOX requirements.
  • Excellent communication skills.
  • Strong organizational skills
  • Proven ability to meet strict reporting deadlines, ability to deal with time pressure.

If you are qualified for the Reinsurance Accountant role located in the Hudson County area and would like to learn more, please - APPLY NOW!