Assurant has an exciting opportunity for an Accountant for Reinsurance Solutions!
Overview of Position
The Accountant position in Assurant’s Reinsurance Solutions group combines accounting and data management skills to provide accurate and timely client cession statements. You will work directly with internal account executives and external client contacts to make appropriate business decisions and achieve departmental goals. This position is well-suited for a detail-oriented individual capable of managing tight deadlines.
What makes us different?
Assurant is committed to providing a competitive rewards package which goes beyond the value of your paycheck. We offer an array of market-competitive benefits and resources to support your physical, emotional, financial, and social wellbeing goals. These include programs to help you invest in your financial future such as savings programs, as well as competitive health and wellbeing benefits to support you and your family. For additional information on our benefits, please review www.MyAssurantBenefits.com. Below are some of our amazing perks:
Health Coverage Starting Day One: We offer competitive health and wellbeing benefits to support you and your family. You can choose from a range of health and dental plan options, as well as health plan accounts.
Disability and Life Insurance: We provide short- and long-term disability insurance, life and accidental death and dismemberment insurance.
Retirement: Assurant offers retirement savings plans globally. U.S. based employees are offered a 401(k) plan in which Assurant matches 100% of every dollar contributed, up to 6% of eligible pay.
Employee Stock Purchase Plan: Assurant’s Employee Stock Purchase Plan (ESPP) allows employees to purchase shares of Assurant, Inc. stock at a 10% discount with funds contributed through after-tax payroll deductions.
Career Development: Assurant offers a variety of internal courses, workshops, special projects, coaching and mentoring programs. Tuition reimbursement and other professional enrichment opportunities are also available to encourage continuous learning.
Work-Life Balance: We strive to provide a work environment that encourages work/life balance. Options depend on job responsibilities and may include flexible work schedules, telework, paid time off and part-time employment.
Family Planning Support: Fertility benefits and support services with 24/7 access to nurse care services. $30,000 medical and prescription drug lifetime maximum benefit for fertility services. Assurant will provide up to $20,000 of financial assistance for adoption and or surrogacy.
What will be my responsibilities for this position?
Prepare and process monthly and quarterly journal entries
Support the monthly reinsurance cession process including the calculation of cessions and profit share accruals as well as the production of cession statements
Verify and analyze information on cession statements and client reports for errors and adverse trends
Prepare account reconciliations and perform follow-up activities for pending items
Participate in the preparation and distribution of financial reports and analyses
Adhere to SOX 404 control requirements
Prepare schedules (Trust/LOC, Schedule F) for quarterly reviews and year-end audits for both internal and external auditors
Review reinsurance contracts as needed to ensure reporting accuracies
Prepare wires and check requests for reinsurance and/or profit share settlements
What are the requirements needed for this position?
Bachelor’s degree in accounting, finance, or related field
2+ years general accounting experience or related
Proficient in Microsoft Word and Microsoft Excel
Demonstrates strong analytical and research skills
Demonstrates strong oral and written communication skills
Detail-oriented and able to work independently
Able to multi-task and set priorities to meet deadlines
Team-oriented and able to adapt to a flexible work environment
Able to work overtime as needed, particularly during the quarter-end close process
Able to switch from complex to routine tasks when required
What other skills/experience would be helpful to have?
Experience working with major database platforms, such as Microsoft SQL
Experience in the insurance industry, particularly knowledge of captive reinsurance
What are the working conditions and physical requirements of this job?
General Office Demands