Head Of Ceded Reinsurance Accounting


Division

Accounting + Finance

Location

Warren, New Jersey

Employment Type

Permanent



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Growing Global Insurance/Re-Insurance Company is looking to add a Head of Ceded Reinsurance Accounting to their team. This role will manage a team and be responsible for overseeing all Ceded Re in North America. Hybrid schedule offered!


Compensation : $200000 - $225000
Job ID : 28397

Job Function:

  • Oversee the overall ceded reinsurance accounting functions and processes

  • Liaise closely with other leaders of Finance, Ceded Reinsurance, Corporate Underwriting, Claims and Insurance Leadership on various aspects of Ceded Reinsurance Accounting functions

  • Maintain a deep understanding of the company's ceded reinsurance arrangements, including policy terms, contract provisions, and claims processes for pre- and post-placement activities.
  • Ensure that all ceded reinsurance activities follow regulatory requirements, including maintaining appropriate documentation and reporting as necessary.
  • Develop and maintain strong relationships with business units, finance, legal, reinsurance brokers, and other stakeholders to ensure effective and efficient execution of ceded reinsurance transactions.
  • Provide timely and accurate reports on the company's ceded reinsurance activities and status.


Job Requirements:

  • Bachelor's degree in business, finance, or a related field.
  • Minimum of 10 years of experience in ceded reinsurance operations, preferably in a property and casualty insurance environment.
  • Strong knowledge of reinsurance concepts and practices, including treaty and facultative reinsurance, loss reserve calculations, and claims management.
  • Strong analytical and problem-solving skills, focusing on attention to detail and accuracy.
  • Proficiency in Microsoft Office applications, particularly Excel and PowerPoint.
  • Ability to work independently and as part of a team, effectively managing multiple priorities and deadlines.
  • Professional designation such as CPCU, ARM, or ARe is preferred but not required.

Disclosure: The hourly rates and/or salaries listed may or may not reflect total compensation packages including bonus and fringe benefits, etc., nor are the advertisement(s) posted a guarantee of a certain compensation package for a position or bona fide offer of employment. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, or protected veteran status and will not be discriminated against on the basis of disability.

 

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28397