Reinsurance Accounting Supervisor

Our client is looking for a Reinsurance Accounting Supervisor to lead key reinsurance accounting activities for our insurance operations in Jersey City, New Jersey. This role oversees daily financial processes, supports accurate reporting, and helps maintain strong controls across ceded accounting activities. The ideal candidate brings solid reinsurance accounting knowledge, a sharp analytical mindset, and the ability to guide team members while partnering effectively with brokers, reinsurers, auditors, and internal stakeholders. This has some hybrid flexibility with great benefits.

Responsibilities:

• Lead the team responsible for daily ceded reinsurance accounting activities, ensuring journal entries, supporting schedules, and cession reporting are completed accurately and on time.

• Review and reconcile reinsurance ledger balances against premium and loss bordereaux, confirming recoverables and payables are properly recorded to support timely settlement activity.

• Support the accounting setup and execution of new and renewed reinsurance arrangements, including complex or nonstandard transactions and other special agreements assigned by leadership.

• Build and maintain productive working relationships with brokers and reinsurers to help resolve issues, support negotiations, and represent the company’s accounting position effectively.

• Strengthen the internal control environment by preparing or reviewing reconciliations, responding to audit requests, and documenting support for key balance sheet accounts and reporting processes.

• Analyze reinsurance results and investigate fluctuations, preparing clear explanations and reporting materials for management, auditors, and regulatory stakeholders.

• Develop a strong understanding of reinsurance data movement and system interactions that affect financial and statutory reporting across multiple entities and platforms.

• Assist with quarterly and annual statutory reporting requirements, including preparation and review of Schedule F and other reinsurance-related filings.

• Mentor and develop staff by sharing technical knowledge, providing day-to-day guidance, and encouraging continuous learning within the team.

Qualifications:

• At least 4 years of progressive experience in reinsurance accounting, or 4 years in insurance accounting that includes at least 1 year of reinsurance-related work.
• Bachelor’s degree in Accounting, Finance, Business, or a related discipline.
• A certification such as CPA or a similar credential is preferred but not required.
• Strong analytical ability with experience identifying variances, researching general ledger activity, and explaining financial results clearly.
• Hands-on background in month-end close, journal entries, account reconciliations, and financial statement audit support.
• Advanced Excel skills and experience with enterprise accounting systems; familiarity with Oracle Cloud is an advantage.
• Effective communication skills with the ability to present technical finance concepts clearly to colleagues and senior leaders.
• Highly organized, attentive to detail, and comfortable working independently in a fast-paced environment with multiple companies and systems.

Compensation

$110,000.00-$130,000.00 Yearly

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