Note: The job is a remote job and is open to candidates in USA. Software Guidance & Assistance, Inc. (SGA, Inc.) is searching for an AVP, Reinsurance Accounting for a full-time assignment with one of their premier financial clients. This role involves leading reinsurance accounting and reporting activities, ensuring compliance with treaty terms, and driving process improvements in a collaborative environment.

Responsibilities

• Lead monthly and quarterly close activities for reinsurance, including review of journal entries, account reconciliations, and analytical reviews of results
• Develop and maintain standardized reinsurance reports used for monitoring performance and informing management decisions
• Review treaty documentation and ensure information received from and provided to external counterparties complies with treaty terms and conditions
• Prepare analysis and commentary on key business drivers impacting reinsurance results
• Serve as the accounting lead during the review and onboarding of new reinsurance transactions
• Develop and implement standard reinsurance accounting models to support consistent treatment across treaties and entities
• Maintain strong internal controls; support internal and external audits and regulatory examinations
• Support financial and regulatory reporting processes as needed (US GAAP, NAIC statutory, Bermuda statutory)
• Drive process improvements and automation initiatives to increase accuracy, efficiency, and control
• Participate in cross-functional and corporate projects, emphasizing collaboration and clear communication
• Oversee accounting and financial reporting for complex ceded and assumed reinsurance treaties, including YRT, coinsurance, funds withheld, and retrocession structures
• Partner closely with investment accounting, actuarial, and risk teams to ensure accuracy of reserve movements, deferred gains/losses, and reinsurance recoverables
• Develop governance, controls, and documentation to support treaty onboarding, premium settlements, collateral tracking, and related workflows
• Act as a key liaison for regulators and external auditors on reinsurance-related matters
• Mentor and coach junior accountants and analysts; provide technical guidance on complex reinsurance accounting topics

Skills

• Bachelor's degree in Accounting required
• 7+ years of experience in the insurance or reinsurance industry, or in public accounting auditing insurance/reinsurance clients
• Strong understanding of reinsurance structures and treaty administration (ceded and assumed)
• Team-oriented, positive, and results-driven, with a high level of personal integrity and accountability
• Strong analytical and problem-solving skills, with the ability to translate research and analysis into clear conclusions and recommendations
• Highly organized, proactive, and comfortable driving initiatives and improving processes
• Excellent verbal and written communication skills, including the ability to collaborate with cross-functional partners and senior stakeholders
• Experience with US GAAP and insurance statutory accounting; familiarity with NAIC requirements and Bermuda statutory reporting preferred
• Experience with PeopleSoft General Ledger, Hyperion Financial Management, and SmartView/Essbase preferred
• CPA strongly preferred

Company Overview