Sr. Reinsurance Accountant

Company

Argo Group is an underwriter of specialty insurance products in the property and casualty market. Argo offers a full line of products and services designed to meet the unique coverage and claims-handling needs of businesses. The Argo entities are wholly-owned subsidiaries of Clearbrook Group Holdings Inc.

Job Description

Business Title(s): Sr. Reinsurance Analyst

Employment Type: Full-Time

FLSA Status: Exempt

Location: In-Office

Summary:

The Senior Reinsurance Analyst is responsible for the accurate and timely accounting analysis and reporting of reinsurance activity in compliance with GAAP statutory requirements and Sarbanes-Oxley controls supporting the monthly quarterly and year-end close processes. The role serves as the primary point of contact for intermediaries reinsurers auditors and internal stakeholders managing reinsurance reporting claim communications coverage inquiries and collections while preparing complex standard and ad hoc financial reports for management. Additionally the analyst acts as a key liaison with Reinsurance Operations supports regulatory and supplemental financial statement reporting and proactively identifies opportunities to improve processes controls and efficiency within the reinsurance accounting function.

This is a 100% in-office position. Candidates must be able to work on-site at a designated company office during standard business hours.

Essential Responsibilities:

• Ensure accurate and timely compilation of accounting information analysis and reporting in accordance with Generally Accepted Accounting Principles (GAAP).

• Assist with meeting Statutory filing requirements on a timely basis.

• Posting journal entries and completing required reconciliations to facilitate the monthly close process.

• Timely reporting and analysis of reinsurance accounts to intermediaries and reinsurers.

• Serve as the main point of contact with intermediaries and reinsurers on claim reporting reinsurance coverage questions and collection items.

• Prepare and analyze complex standard financial reinsurance and ad hoc reports for management.

• Assist as the accounting liaison for US reinsurance communications with Reinsurance Operations counterparts in the organization.

• Prepare reporting schedules for quarter and year end supplemental reporting to the financial statements.

• Own relationship with variety of internal and external stakeholders eg. internal audit external audit and insurance brokers.

• Ensure compliance with Sarbanes-Oxley internal control requirements.

• Identify areas for improvement within the Reinsurance accounting team and bring a pro-active and solution orientated attitude.

Qualifications / Experience Required:

• Bachelors degree in accounting or finance from a four-year college or university.

• Clear knowledge and proven abilities in Reinsurance account processing and a minimum of 5 years of accounting experience preferably reinsurance accounting in a property/casualty insurance environment.

• Ability to accurately research and follow through on complex problem-solving items as well as initiate resolutions at multiple levels within the organization.

• Excellent analytical problem-solving and verbal/written communication skills.

• Strong organizational skills with the ability to manage prioritize and effectively meet deadlines for multiple assignments simultaneously.

• Strong teamwork skills and display professional demeanor encompassing companys vision and values and enthusiasm for in-person collaboration.

• Remain flexible in a fast-paced environment and possess a customer focused attitude.

Preferred Qualifications:

• Proficient PC skills particularly in Excel Access and Word. Skills in accounting and reinsurance software preferred.

• Experience with reinsurance treaties and accounting is preferred but not required.

• CPA preferred.

The base salary range provided below is for hires in those geographic areas only and will be commensurate with candidate experience. Pay ranges for candidates in other locations may differ based on the cost of labor in that addition to base salary all employees are eligible for an annual bonus based on company and individual performance as well as a generous benefits package.

• Chicago - $111400.00- $132500.00