[Remote] Reinsurance Accountant (HYBRID or REMOTE)

Note: The job is a remote job and is open to candidates in USA. Equitable is hiring a Reinsurance Accountant to support complex reinsurance initiatives and assumed and ceded reinsurance strategies. The role manages reinsurance accounting, reporting, analysis, process design, and cross-functional project support while ensuring compliance with accounting standards and regulatory requirements.

Responsibilities

• Daily reinsurance accounting activities, including transaction recording, reconciliation, and ledger maintenance
• Interpret and operationalize complex reinsurance contracts in accordance with applicable accounting standards
• Establish and uphold internal policies and procedures for reinsurance financial operations
• Ensure timely issuance of billing statements and collections from reinsurers
• Identify trends and variances through financial data review; advise leadership on potential improvements
• Perform routine account reconciliations and resolve discrepancies effectively
• Maintain strict adherence to accounting standards, regulatory requirements, and internal control procedures
• Prepare for internal and external audits, providing all necessary documentation and insights
• Knowledge of contract provisions, reinsurance concepts and principles and general business trends
• Use business process design tools, including process maps and flow charts, to clarify reinsurance problems, goals and requirements to various Reinsurance stakeholders
• Provide extensive subject matter expertise to support our enterprise strategy for reinsurance data
• Supports an agile project management framework to prioritize and pace projects with a cross-functional team
• Monitor client accounts / statistics by using internal reports, perform data analysis and support Stakeholders with reports and statistics
• Financial Reporting US GAAP/ US STAT/ Bermuda STAT, Schedule S, etc.)
• Monitor client accounts / statistics by using internal reports, perform data analysis and support Stakeholders with reports and statistics

Skills

• Bachelor's degree in accounting, Finance or a related discipline
• 5+ years experience in reinsurance accounting, claims and reporting within the insurance industry, ideally in the Life and Annuities
• Established technical knowledge of reinsurance arrangements, accounting principles, and regulatory frameworks
• Proven knowledge working with Microsoft Excel and financial systems
• Demonstrated analytical skills, attention to detail, and ability to manage complex datasets
• Effective communication and interpersonal skills for team leadership and collaboration with both internal and external stakeholders and team members
• Ability to thrive in a dynamic, deadline-driven environment
• Proactively seeks advice for new issues and suggests solutions
• Accounting: Knowledge of accounting methods, processes, and tools; ability to maintain and prepare financial statements and reports using accounting methods and processes
• Cross-functional Collaboration: Knowledge of collaborative techniques and approaches; ability to promote a culture of continuous improvement and working together across functions to solve business problems and meet business goals
• Decision Making and Critical Thinking: Knowledge of the decision-making process and associated tools and techniques; ability to accurately analyze situations and reach productive decisions based on informed judgment
• Financial and Accounting Systems: Knowledge of functions, features and capabilities of financial and accounting systems; ability to use financial and accounting applications specific to the organization
• General Ledger (G-L): Knowledge of tools, practices and considerations for general ledger; ability to update and validate general ledger data
• Generally Accepted Accounting Principles (GAAP): Knowledge of the generally accepted accounting principles (GAAP); ability to apply GAAP appropriately within the organization
• Knowledge of Reinsurance: Knowledge of reinsurance activities, processes, tools, and considerations; ability to implement all reinsurance practices following all standards, applicable laws and regulations
• Operational Functions: Knowledge of major functional processes and associated operating requirements; ability to apply this knowledge appropriately to diverse situations
• Problem Solving: Knowledge of approaches, tools, techniques for recognizing, anticipating, and resolving organizational, operational or process problems; ability to apply knowledge of problem solving appropriately to diverse situations
• Experience with reinsurance tools (e.g., RMS, AIR) is an advantage
• CPA, industry designation (i.e. ALMI, FMLI) or equivalent certification
• Business Objects, Analysis for Office, Power Bi, and Tableau

Benefits

• For eligible employees: medical, dental, and vision benefits; a 401(k) plan; and paid time off.
• Flexible work schedule: fully remote or hybrid. If located near an office (Charlotte, NC; New York, NY; Syracuse, NY), a hybrid schedule with 2–3 days on-site per week is expected.
• Base salary increases, spot bonuses, and short-term incentive compensation opportunities; eligibility depends on level and functional area of responsibility.

Company Overview

Company H1B Sponsorship