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Senior Accountant

  • Ref: 287597
  • Type: Direct Hire
  • Location: Purchase, NY
  • Industry: Insurance
  • Job Level: Experienced Non-Manager
  • Pay: $115,000 - $130,000

Opportunity Description

We are currently seeking a Technical Accountant for an opportunity in Purchase, NY. The successful candidate will be a part of a team that is responsible for account reconciliations of technical balances, analytical review of reported financial data and audit support. The Technical Accountant will specifically be responsible for ownership of all insurance and reinsurance related financial accounts and reconciliations between the general ledger and source systems.

Job Duties

  • Ownership of all technical underwriting accounts and data interfaces with source systems
  • Coordinate with IT regarding interface and reconciliation between general ledger and sub-ledgers for insurance/reinsurance financial accounts (i.e., premium, loss reserve, ceded activity, etc,)
  • Ensure quality analysis of insurance/reinsurance financial accounts to support consolidated analytics and legal entity signoff
  • Prepare insurance/reinsurance financial account balance reconciliations
  • Calculate/perform insurance/reinsurance financial account balance analytics (DAC, UPR, line of business analysis, underwriting income)
  • Assist with preparing ceded reinsurance adjusting entries and supporting schedules
  • Prepare audit support for internal audit reviews and external audit
  • Support and design appropriate and sufficient controls over insurance/reinsurance financial account processes
  • Responsible for maintaining appropriate and current procedures and controls documentation
  • Other responsibilities and ad hoc projects as assigned

Education

  • Bachelors degree or equivalent in business-related field

Experience & Skills Required

  • 5+ years of business experience in insurance/reinsurance industry
  • Experienced accountant with understanding of technical re/insurance accounting requirements
  • Ability to work in a team environment; work independently when required
  • Able to manage multiple priorities in order to meet tight reporting deadlines
  • Ability to adapt to changing environment  
  • Ability to manipulate large quantities of data and create meaningful analyses
  • Excellent technical, analytical, interpretive and evaluative skills
  • Strong interpersonal skills to develop and maintain internal and external relationships 
  • Practical knowledge of GAAP or IFRS and statutory reporting
  • CPA, CA, or ACA designation and/or public accounting experience desirable  
  • Experience with SAP (BW, GL, CD), FSRI is a strong plus
  • Strong computer skills included Microsoft Excel (formulas, vlookups, pivots, etc.), Outlook, Word