Senior Manager, Reinsurance Accounting
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Job Location:
Denver, CO - USA
Monthly Salary:
$ 110000 - 165000
Posted on:
6 days ago
Vacancies:
1 Vacancy
Job Summary
About MGT Insurance
MGT is the first AI-driven neo-insurer focused on evolving commercial P&C insurance for the brokers and small business owners. By combining the expertise of industry veterans with state-of-the-art technology we are ushering in the next evolution of commercial insurance and working to move the industry forward through the use of modern technology better processes and a rock-star team. We seek visionary leaders who thrive in dynamic entrepreneurial settings and excel in autonomous roles.
About the Role
Were hiring a Senior Manager Reinsurance Accounting to lead our reinsurance accounting function and oversee key insurance finance processes as we scale. This role will be an individual contributor role and partner closely with Finance leadership Underwriting Claims and data science. Youll ensure accurate GAAP and statutory reporting manage day-to-day efforts and help modernize how reinsurance and insurance accounting integrates with our core systems.
What youll do
- Reinsurance Accounting Leadership: Direct all aspects of ceded and assumed reinsurance accounting including treaty and facultative processing recoverables payables settlements and Schedule F reporting.
- General Ledger Oversight: Manage reinsurance accounting operations in EAS and NetSuite general ledgers; oversee journal entries reconciliations roll-forwards and reporting both externally to our reinsurance partners and internally to ensure accuracy and completeness.
- Reinsurance Systems: Oversee use of reinsurance accounting software for bordereaux statement reconciliations and recoverable tracking; partner with Tech to optimize integrations with the GL.
- Close & Reporting: Drive an efficient accurate monthly/quarterly close process; review reconciliations and journal entries
- Regulatory & Audit: Support GAAP and statutory financial reporting including NAIC filings; serve as a primary contact for auditors and reinsurers.
- Team Development: Foster a culture of accountability collaboration and continuous improvement.
- Process Improvement: Lead initiatives to automate and streamline reinsurance workflows enhance data integrity and strengthen internal controls.
About the Finance team
The Finance team at MGT Insurance serves as the backbone of our rapidly scaling operations. We safeguard financial integrity ensure compliance with GAAP and statutory requirements and deliver insights that drive strategic decisions. As a lean but growing group we balance rigorous financial control with a builders mindsetconstantly seeking ways to innovate in insurance finance.
What you bring
- Experience: 812 years of progressive accounting experience in commercial P&C insurance/reinsurance with at least 35 years in a management role.
- Technical Expertise: Deep knowledge of reinsurance accounting (treaty & facultative ceded & assumed).
- Hands-on EAS general ledger experience.
- Strong proficiency with reinsurance accounting software (e.g. Sapiens SICS SAP-FS-RI or similar).
- Solid grasp of GAAP and statutory/NAIC reporting requirements.
- Leadership Skills: Demonstrated ability to lead teams build processes and partner effectively across Underwriting and FP&A.
- Analytical & Communication Skills: Strong problem-solving ability attention to detail and excellent written and verbal communication.
- Mindset: Entrepreneurial process-improvement focused and energized by building at scale.
Location
Remote or hybrid in the Bay Area CA Madison WI or Denver CO
Compensation
$110000 $165000 base salary bonus equity (commensurate with experience)
Our Commitment to Diversity Equity & Inclusion
At MGT inclusion drives excellence and belonging sustains it. We believe diverse perspectives make us stronger more innovative and more connected to the people we serve. We value every voice champion equity and create space where all people can grow and succeed together.
Equal Employment Opportunity Statement
MGT is proud to be an Equal Opportunity Employer. We do not discriminate in employment opportunities or practices based on race color religion gender gender identity or expression sexual orientation national origin age disability genetic information marital status military or veteran status or any other status protected by applicable law.
All employment decisions are based on qualifications merit and business needs. We are committed to providing reasonable accommodations for qualified individuals with disabilities throughout the application and employment process. If you need assistance or accommodations please contact us at .
Disclaimer
This job description is intended to outline the general nature and level of work performed by employees in this role. It is not an exhaustive list of all responsibilities duties or qualifications required. MGT Insurance reserves the right to modify interpret or apply this job description in any way the company deems appropriate.
Required Experience:
Senior Manager
Key Skills
- Internal Audit
- Supervising
- Data Entry
- Compliance
- Customer Service
- Accounting & Finance
- General Ledger Accounting
- IFRS
- External Audit
- Microsoft Excel
- ERP
- Payroll
- Financial statement
- ACCA
- CPA
