Reinsurance Controller

Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer professional services company consumer loan originator and servicer payments processor renewable energy solutions and K-12 and higher education expert. For over 40 years Nelnet has been serving its customers associates and communities.

The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team youre part of a community invested in the success of each individual. That support comes through in our work as we are united by our mission of creating opportunities for people where they live learn and work.

Key Responsibilities

1) Financial leadership planning & performance

• Own NIS reinsurancefinancials and annual operating rhythm (close calendar board/leadership reporting cycles).
• Convert treaty and portfolio performance (ELR margin UW profit float) intoclear actionable insights.
• Partner with Management Actuarial and Program leadership onrenewals and capital allocationdecisions.

2) Close reporting & narratives (oversight)

• Set standards for monthly/quarterly reinsurance close in accordance with the consolidated close calendar
• Ensure accurate consolidation (hierarchy income statements balance sheet) plusreserve roll forward reinsurance cash activity collateral/investment schedulesand program summaries.
• Drive discipline and prevent rework through QAand signoffs.

3) Treaty lifecycle (premium losses settlements)

• Establish the end-to-endtreaty accounting governance: bordereau intake validation earned vs written premium UEPR and LAE treatment.
• Set SLAs with brokers/carriersapprove settlements/refunds/cash calls and lead resolution of structural variances and data integrity issues.
• Maintain thetreaty controls library(desk procedures checklists risk/control matrices).

4) Capital collateral & treasury (trusts/bonds/cash)

• Overseecollateral trust and investment reporting(cash bonds valuations) ensuring alignment with treaty and regulatory requirements.
• Coordinate with Investmentson liquidity and yield within risk constraints.

5) Actuarial reserving & regulatory coordination

• Partner with Actuarial onloss picks ELR movements and reserve adequacy; ensure consistent timely incorporation into financials.
• Overseeactuarial report/SAO submissionsand the evidence trail for regulatory inquiries.
• Maintain a calendar forregulatoryfilings and related governance artifacts.

6) Controls audit & compliance ownership

• Own outcomes forinternal auditsover reinsurance; remediate gaps; evidence control performance.
• Embed preventative controls in workflows (segregation of duties approvals data checks) andmonitor via KPIs(e.g. recon aging error rates).

7) Data systems & automation

• Lead theBDX/data automation roadmapto book actuals
• Sponsor tool improvements (data quality rules reconciliation engines version control artifact indexing) and drive adoption.

9) Executive & board communication

• Prepareexecutive briefs and board materials; present results risks and recommendations concisely.
• Serve as the senior finance interface to internal leaders on treaty performance.

Salary for this role is: $100000-$140000

Please note that we are unable to provide visa sponsorship for this position. To be considered candidates must already be authorized to work in the United States without the need for current or future sponsorship.

This candidate must be located in Omaha or Lincoln and in office 24 hours a week.

Qualifications

• Bachelors in Accounting/Finance; CPA strongly preferred.
• 5 yearsin insurance/reinsurance accounting with progressive leadership; deep GAAP for re/insurance; Statutory accounting familiarity preferred.
• Provenclose leadership(month/quarter)audit ownership and compellingexecutive/board communication.
• Strong data orientation (Excel/PowerQuery/Power BI or similar); experience with process automationand data quality improvements preferred.
• Relationship savvy acrossinternal and external partners.

Core Competencies

• Strategic & critical thinking Financial storytelling Governance & controls rigor
• Execution under deadlines Stakeholder management Change leadership/automation Talent development

Our benefits package includes medical dental vision HSA and FSA generous earned time off 401K/student loan repayment life insurance & AD&D insurance employee assistance program employee stock purchase program tuition reimbursement performance-based incentive pay short- and long-term disability and a robust wellness program. Click here to learn more about our benefits: LINK.

Nelnet is committed to providing a welcoming and respectful workplace where all associates have the opportunity to succeed. As an Equal Opportunity Employer we ensure that all qualified applicants are considered for employment. Employment decisions are made without regard to race color religion/creed national origin gender sex marital status age disability use of a guide dog or service animal sexual orientation military/veteran status or any other status protected by federal state or local law. We value the unique contributions of every team member and believe that a positive work environment benefits everyone.

Qualified individuals with disabilities who require reasonable accommodations in order to apply or compete for positions at Nelnet may request such accommodations by contacting Corporate Recruiting at or.

Nelnet is a Drug Free and Tobacco Free Workplace.