What are the responsibilities and job description for the Reinsurance Accountant position at Axiom Product Administration?
Job Details
About Axiom Product Administration
Axiom Product Administration is a leading full-service, nationwide F&I (finance and insurance) administrator, dedicated to delivering transformative solutions for dealers and their customers in an ever-evolving automotive marketplace.
Named one of the fastest-growing private companies in St. Louis by the St. Louis Business Journal and ranked No. 72 on Deloitte’s Technology Fast 500™, Axiom is a leading provider of automotive products and technology solutions. We take pride in our innovation, culture, and commitment to delivering exceptional service to our customers and partners.
About the Role
Reinsurance allows companies to mitigate financial risk by transferring portions of insurance liabilities to a reinsurance provider. Axiom works closely with dealers, administrators, and financial institutions to set up and maintain reinsurance programs, ensuring profitability and compliance with industry standards.
As a Reinsurance Accountant, you will play a key role in managing reinsurance trust accounts, analyzing premium flows, and reconciling financial transactions to ensure clients’ programs operate smoothly and efficiently.
Job Responsibilities
- Perform bank statement reconciliations for reinsurance accounts.
- Prepare and deliver monthly financial reports to clients, ensuring accuracy and compliance.
- Process and manage premium, claims, and expense allocations related to reinsurance programs.
- Handle ad hoc requests and special projects related to reinsurance account operations.
- Assist in maintaining the accuracy and compliance of reinsurance systems, agreements, and financial documents.
- Work closely with internal teams and external clients to ensure seamless account management.
- Effectively analyze data and provide supporting documentation to address customer queries.
Qualifications
- Bachelor's degree in Accounting, Finance, or a related business field.
- Experience in insurance or reinsurance is preferred but not required.
- Strong verbal and written communication skills.
- Proficiency in Microsoft Office applications, especially Excel.
- Ability to multi-task and thrive in a fast-paced environment.
- Strong organizational skills and attention to detail.
- Ability to collaborate effectively with internal teams and external clients.
What You’ll Love About Axiom:
- Comprehensive Benefits Package, including Medical, Dental, Vision, and Ancillary Policies.
- 401(k) Retirement Plan with a 5% company match.
- Paid Time Off Accrual Plan starting with 15 days for new hires’ first two years of service.
- Paid Holidays & Floating Holidays.
- Casual Dress Code.
- Free Roadside Assistance.
- Education Reimbursement.
- Childcare Reimbursement.
- Paid Parental Leave.
- Career Advancement Opportunities.
- Company-sponsored outings and events.
Axiom is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, creed religion, national origin, ethnicity, physical or mental disability, sex (including pregnancy, sexual orientation, gender identity or expression, or transgender status), age, genetic information (including family medical history), or any other protected characteristic protected by law. Disclaimer: The above statements are not intended to be a complete statement of job content, but rather to act as a guide to the essential job functions performed by the employee assigned to this classification. Axiom retains the discretion to add or change the duties of the position at any time.
Salary : $55,000 - $65,000
