Senior Reinsurance Accounting

Job Description Senior Reinsurance Accountant (Ceded & Assumed) Position Overview We are seeking an experienced and motivated Senior Reinsurance Accountant to join our Reinsurance Accounting team. This position is responsible for the full spectrum of reinsurance accounting cycle, with a particular focus on quota share (QS) accounts and a hybrid mix of both ceded and assumed business types. Key Responsibilities Manage the end‑to‑end accounting process for ceded and assumed reinsurance contracts, with emphasis on quota share treaties. Handle complex reinsurance account reconciliations, including exposure to excess of loss (XOL) and facultative (FAC) agreements as needed. Establish and maintain strong, proactive relationships with reinsurance brokers to ensure timely collection of aged balances, manage disputes, and promptly resolve account queries. Manage reinsurance settlements, open recoverable/payable balances and unallocated/unsettled cash. Oversee receivables and payables process including collections, aging, and cash applications, ensuring accuracy and timely resolution of outstanding items. Support month‑, quarter‑, and year‑end close activities specific to reinsurance, including the preparation and review of journal entries, adjustments, reconciliations, and balance sheet substantiation. Contribute to special projects, continuous process improvements, and system implementations/enhancements related to reinsurance accounting. Assist with ScheduleF (ScheduleF) and statutory reporting requirements, ensuring accuracy, compliance, and timely delivery. Contribute in collateral management and adjustment processes and support internal and external audit. Analyze large datasets for discrepancies, trends, or required adjustments, using advanced Excel and other data‑management tools. Collaborate closely with underwriting, claims, legal, and finance to ensure information is complete and accurate. Prepare and present account status, aging, and reconciliation reports for management and external auditors as needed. Identify process improvements and lead initiatives to streamline reinsurance accounting. Support audit activities and respond to audit requests related to reinsurance accounting in a timely and professional manner. Support other reinsurance accountants, mentor and train team members, and promote professional development. Qualifications Bachelor’s degree in Accounting, Finance, or related field; CPA or similar designation is a plus. Minimum 5+years of progressive experience in reinsurance accounting within the property & casualty insurance industry. Experience with both ceded and assumed reinsurance accounting, heavy focus on quota share treaties; experience with XOL and FAC desirable. Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, formulas, data modeling, etc.) and experience handling complex datasets. Practical experience with ScheduleF and statutory reporting requirements. Proven experience managing relationships with reinsurance brokers and performing collections and cash‑application processes. Excellent analytical, organizational, and prioritization skills; strong attention to detail and accountability. Ability to manage multiple deadlines and respond dynamically to changing priorities, especially under tight constraints. Experience with major reinsurance/insurance systems and general ledger financial packages (Workday, Great Plains, SAP, or similar). Strong written and verbal communication skills, with the ability to present complex information clearly and effectively. Self‑directed, proactive, and capable of working independently and as part of a team. Positive attitude, professional disposition, and commitment to delivering high‑quality work in a fast‑paced environment. EEO Statement Starr is an equal‑opportunity employer and considers all qualified applicants regardless of gender identity or expression, ethnicity, nationality, religion, sexual orientation, disability status, or any other protected characteristic. #J-18808-Ljbffr