Reinsurance Accountant

Allianz Commercial is a leading provider of insurance solutions for mid-sized businesses and large enterprises. They are seeking a Reinsurance Accountant who will be responsible for accounting, settlement, and credit control activities related to reinsurance, ensuring timely and accurate settlements while maintaining relationships with internal and external parties.

Responsibilities

• Collect assumed premium receivables and ceded loss recoverables in a timely manner
• Process reinsurance premium and claim payables to reinsurers in a timely manner
• Review assumed & ceded reinsurance premium and claim entries against agreement terms and supportive documents to ensure compliance and accuracy
• Work closely with clients to support premium and claim entries reflecting in our accounting system
• Investigate any variances and effectively communicate with respective parties for resolution
• Work collaboratively with other Functional areas (Operations, Accounting, Claims) and global Finance teams to enhance existing reinsurance processes
• Monitor credit control activities which drives collateral requirements for Schedule F and SON
• Support internal and external auditing requests to ensure effective controls are maintained and followed

Skills

• 1-3 years experience in basic knowledge of accounting and finance
• 1-3 years experience in basic knowledge of reinsurance
• Bachelor's degree in Accounting, Finance, or Business degree
• External applicants must be legally authorized to work in the United States or Canada without the need for current or future employment-based sponsorship
• Candidates selected for this role will be required to undergo a background check
• A willingness to learn and explore how AI can enhance your role and the broader organization is expected

Benefits

• Annual performance-based cash incentive awards
• Generous bonus scheme
• Pension
• Private healthcare
• Generous parental leave benefits
• Flexible working

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