Reinsurance Accounting Associate

Job Description

Global Atlantic is seeking a Reinsurance Accounting Associate to join their team in Boston, MA. The ideal candidate will be responsible for treaty administration, reinsurance accounting, reporting, transaction analysis, ongoing process improvements, and internal controls across multiple bases of accounting, including USGAAP, NAIC, and Bermuda Statutory. This role also involves supporting ongoing projects such as Reinsurance Accounting automation and Finance transformation work.Responsibilities:

• Perform monthly and/or quarterly closing procedures, including preparing and executing reinsurance journal entries, relevant account reconciliations, and analyses of results.
• Develop and maintain standardized reinsurance reports required for monitoring results.
• Review treaty documentation and verify information complies with the terms and conditions of treaties.
• Prepare analysis and commentary on key business drivers related to reinsurance.
• Serve as accounting support during the onboarding of new transactions.
• Develop and implement standard reinsurance accounting models.
• Maintain effective internal controls, support internal and external audits, and regulatory examinations.
• Drive process improvements and support broader automation efforts.
• Participate in special projects with cross-divisional and corporate impacts, with a particular focus on collaboration and effective communication.

Requirements:

• Bachelor’s degree in accounting.
• Minimum five (5) years of experience in the insurance industry or public accounting.
• Team player with a positive attitude and results-oriented approach.
• Strong analytical and problem-solving skills with the ability to draw conclusions from research.
• Well-organized, innovative, and possess a high level of initiative.
• Strong communication skills, work ethics, and a high level of personal integrity and accountability.
• Experience with PeopleSoft General Ledger, Hyperion Financial Management, and SmartView/Essbase preferred.
• CPA or CPA candidate preferred.

The role offers:

• Opportunity to work with a leading insurance company.
• Be part of a team-oriented environment.
• Support for ongoing projects including Reinsurance Accounting automation and Finance transformation work.