We are partnered with a Leading Global Insurance and Investment firm that is seeking to add a Senior Reinsurance Accountant to join the growing NY team.
This Role is onsite 4-5 days a week in near Midtown.
Responsibilities:
- Manage the preparation of reinsurance accounts for Global Solutions & Multinational (MN), ensuring accuracy and adherence to company standards.
- Conduct reconciliations for ceded and assumed facultative reinsurance transactions across multiple offices.
- Administer settlements and cash applications in both subledger and general ledger for GS & MN accounts.
- Establish new vendor bank accounts in Core Integrator and facilitate Cash Calls submission.
- Monitor foreign currency transactions and assess exchange rate gains or losses.
- Develop and maintain cash flow projections to support financial planning.
- Collaborate with management to resolve complex billing issues and conflicts that may impact premium or loss payments.
- Generate necessary financial, regulatory, and management reports as required.
- Actively participate in process development and improvement projects.
- Work with various financial teams across the firm to establish and ensure accurate processes and booking flows.
Requirements:
- Possess 3-7 years of experience in ceded and assumed reinsurance, with exposure to multinational and foreign exchange operations being advantageous.
- Demonstrate effective communication skills and the ability to collaborate with brokers, colleagues, and international offices.
- Proficient in Microsoft Office products, especially Excel.
- Strong written and verbal communication skills.
- Emphasize collaboration and teamwork in professional interactions.
- Exhibit initiative as a self-starter capable of working independently or within a team.
- Ability to multitask, meet deadlines, and prioritize workload effectively.
If interested please reach out directly to P.lemas@HamlynWilliams.com | 619-914-2673
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