What are the responsibilities and job description for the Reinsurance Accountant position at Athene Employee Services, LLC?
We are Athene. At Athene, we are driven to do more. We are a leading retirement services company that issues, reinsures and acquires retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. We see every day as a new opportunity to measure ourselves against the best - and then we don't stop until we've set the bar even higher. We're ready to help you achieve more.
Purpose:
The Accountant will oversee the reinsurance process for certain reinsurance treaties. This includes the execution, review, and analysis for each complex settlement assigned. This position reports to the Manager – Reinsurance Accounting but works independently with peers and leaders across the organization.Accountabilities:
- Maintains and prepares complex reinsurance settlements for assigned agreements. Includes coordinating work requirements and deadlines for and from other teams, journal entry preparation, and analysis of the results of the settlements
- Help in the development and maintenance of the automated reinsurance accounting system
- Must develop a strong understanding of the mechanics of the reinsurance agreements assigned
- Proactively researches and resolves variances and inconsistencies noted in settlements by investigating and analyzing results
- Responds to other departmental requests involving reinsurance information
- Performs analysis and reconciliations of complex balance sheet accounts
- Responsible for the timely and accurate preparation of month and quarter close activities
- Acts as a first-level contact with assigned internal and external reinsurance stakeholders
- Assists with departmental projects as assigned
Qualifications and Experience:
- 3 years of related experience preferred; with experience in public accounting or in the insurance industry preferred
- Strong analytical skills, with the ability to identify, research, and develop solutions to accounting issues
- Experience in statutory or US GAAP accounting in a life insurance company is preferred, but not required
- Experience with Oracle, Essbase, and Hyperion is preferred
- Completion of or interest in obtaining CPA and/or FLMI designations is preferred
- Proficient with MS Office products such as Word and Excel
- Bachelor’s degree in Accounting required
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