What are the responsibilities and job description for the Reinsurance Accountant position at Hylant?
The Opportunity:
The Captive Reinsurance Accountant role is to provide crucial support in the evaluation and management of reinsurance contracts, claims, and relationships with reinsurers. This is a key role in ensuring compliance with company policies, efficient claim settlement, and effective communication and collaboration with reinsurers. Additionally, the incumbent will contribute to the generation of insightful reinsurance reports and analysis to support informed decision-making within the organization. The ideal candidate would have excellent communication skills, time management, attention to detail, be a team player, and demonstrate initiative with strong analytical abilities.
In This Role You Will Execute On:
- Assist in reviewing and analyzing reinsurance contracts to ensure adherence to company policies and guidelines.
- Support the development and maintenance of relationships with reinsurers.
- Aid in the processing and settlement of reinsurance claims, ensuring accuracy and efficiency.
- Provide support to internal stakeholders by offering reinsurance expertise and guidance.
- Assist in generating reinsurance reports and conducting analysis to support decision-making.
- Actively identify areas for process improvement, inefficiencies, drive the continuous process improvement and standardization,
- Join relevant training sessions to maintain good knowledge of the system, processes and changes.
- Keep SOP/training guides up to date for own role & processes in collaboration with Account Executive.
In This Role You Will Need:
- 3-5 years' experience in insurance or reinsurance accounting is preferrable. Someone with more than 3-5 years' experience may thrive in this position as the role will provide development opportunities to work on challenging and complex projects within the team.
- Working knowledge of, and experience with managing larger data sets
- Finance and Accounting, Economy or equivalent academic degree, or commensurate experience
- Intercompany or mix of reconciliation/AP/AR experience
- Advanced knowledge of MS Excel (advanced formulas, pivot tables etc.) and financial system (GAAP and SAP as preferred)
- Analytical skills and attention to detail
- Excellent customer service skills
- Comfortable in working with all levels of grade and authority
- English skills – fluent written and spoken (C1 level)
- Ability to consider multiple data sources and draw relevant conclusions.
- Ability to notice inconsistencies and errors in work product and documents.
- Exhibits passion and excitement over work. Has a ‘can-do’ attitude.
- Able to produce significant output with minimal wasted effort.
- Adjusts quickly to changing priorities and conditions. Copes effectively with complexity and change.
- Expects personal performance and team performance to be nothing short of the best.
- Strong ethical compass. Earns trust and maintains confidences. Does what is right, not just what is politically expedient. Speaks plainly and truthfully.
- Learns quickly. Demonstrates ability to quickly and proficiently understand and absorb latest information.
- Able to present returns, reports and other documents to team members effectively and efficiently.
- Ability to travel on an infrequent basis for education in the tax space and interaction with team during annual summits or other meetings
- Proficiency with Excel and other software platforms
Why Hylant?
A multi-year recipient of Best Places to Work in Insurance, Hylant is a full-service insurance brokerage with over 20 offices in eight states. And since the founding of our family-owned business 90 years ago, we made a promise to strengthen and protect the businesses, employees and communities of our client family by embracing them as our own. We’re more than an insurance brokerage firm and you’re more than a client, employee or neighbor. You’re family. And that’s just the way we treat you.
Hylant is proud to be an equal opportunity workplace. All qualified applicants will receive consideration for employment without regard to race, marital status, sex, age, color, religion, national origin, Veteran status, disability or any other characteristic protected by law. If you have a disability or special need that requires accommodation, please let us know. Hylant participates in E-Verify.
#LI-Remote
#LI-Hybrid
