JOBSEARCHER

Intermediate Accountant - Reinsurance

About KuvareKuvare is on a mission to serve hardworking consumers overwhelmed by the complexities of retirement and is built from the ground up to do so. Our unified financial hub protects the retirement of everyday Americans and the distributors, carriers and investors that serve them. We create life insurance and annuity products that protect consumers’ retirements, and are simplified for distributor partners and financial professionals to sell and service.Kuvare Family Of CompaniesRetail Annuity and Life Insurance Solutions: United Life Insurance Company Guaranty Income Life Insurance Company Lincoln Benefit LifeInstitutional Insurance Kuvare Life ReBespoke Insurance Solutions Ignite PartnersAbout The RoleThe Intermediate Reinsurance Accountant is responsible for the timely and accurate recording of transactions, and preparation/review of reconciliations, financial statements, and various management reports. This position is responsible for the preparation of settlement statements, including follow-up with external clients for any resolution. Assistance may be provided to support client inquiries, client audits, internal and external audits along with other ad hoc requests.What You'll DoPrepares accounting & reporting for Reinsurance. This includes review of reinsurance billings/premium trends, preparation of periodic settlement reports and distribution of reporting packages to external reinsurers Prepares journal entries and posts to accounting systems, research and clear suspense timelyPrepares monthly direct and ceded claims reconciliations from TPAs to general ledger and data warehouse.Assist both Claims and Actuarial quarterly to determine outstanding accruals and coordination with release of reserves.Performs data queries on various claim, premium and expense data.Work is done in conjunction with review of exception reports, details in suspense, etc. Assists with development of appropriate commentary and explanations for submission to management for quarterly Management Reporting Package and other ad hoc requests (external and internal)Responsible for the adherence to the company’s framework of internal controlsPreparation of regulatory schedules at year end (Schedule S, EX1, EX8 and Schedule T and other supplemental schedules pertaining to reinsurance)QualificationsExperienceBachelor’s degree or equivalent experience in Accounting/Finance related disciplinePC literacy with knowledge of technological tools, ability to support data mining exercises, automation of spreadsheets; knowledge of TAI is desirable Proven understanding of reinsurance administration or demonstration of ability to comprehendSkills/CompetenciesStrong organizational skills with elevated level of attention to detailDemonstrated persistency and ability to deliver results under pressureExcellent interpersonal, verbal communication and proofreading skillsProficient in Microsoft Office, etc.Must be a flexible self-starter who can prioritize tasks, follow through and meet deadlinesAbility to work independently with minimal supervisionPhysical DemandsNormal office working environment, full time with some flexibilityOccasional evening and weekend hours to meet deadlinesOccasional travel is requiredAbility to type / perform data entryAbility to read from a computer screen and paper reportsExpress ideas and otherwise communicate with the spoken word