Senior Accountant - Reinsurance

Job Title: Senior Accountant - Reinsurance
Contract Type: Fixed Term
Location: Chicago, Illinois
Salary: Negotiable
REF: CD01292019_1548795026
Contact Name: Chris Dodds
Contact Email:
Job Published: 6 months ago

Job Description

We are currently recruiting a Senior Accountant opportunity for a leading reinsurance client in the heart of the Greater Chicago Area. This role will report to the Finance Manager and will be responsible for reinsurance accounting on a portfolio of Assumed treaties with the successful completion of the monthly, quarterly and annual financial close.

In this role you will be responsible for the following:-

  • Ensuring accurate and timely entry of assigned accounts into the reinsurance information system.
  • Reviewing and reconciling broker remittance statements. Preparation of cash disbursements in settlement of account balances.
  • Reviewing calculations on Profit Commissions, Sliding Scale Commission Adjustments, Premium Adjustments, Loss Corridors, Funds Held, and other Accounting entries.
  • Responding to Management questions concerning the results and transactions in the assigned treaties.
  • Following up with brokers and companies for missing accounts and unanswered questions.
  • Assisting unit manager in preparation of management reports, and in preparation of quarterly and year-end financial and statutory reports.

Required experience and education

  • Prior experience in Reinsurance Accounting with a reinsurance company or broker
  • High School graduate, College degree (Bachelor or Associate) a big plus. Some College preferred. ARe, CPCU courses, or other industry certificates and courses a plus.
  • Good general computer skills, good knowledge of MS Word and Excel, knowledge of MS Access a plus.
  • Knowledge of French a plus.
  • Good communication skills.
  • Ability to work overtime when necessary.

To be considered for the role or to discuss further then please apply using the prompts provided or contact me directly at