Senior Reinsurance Accounting Lead
2 weeks ago
About the Role
We are seeking an experienced Senior Reinsurance Accounting Lead to join our team at EXL. This is a challenging and rewarding role that will provide opportunities for growth and professional development.
Job Summary
The Senior Reinsurance Accounting Lead will be responsible for managing a team of reinsurance accountants, reviewing and approving MJE and reconciliations, handling client queries, performing open balance analysis, and supporting auditors with internal trackers and client requests.
Key Responsibilities
- Manage a team of reinsurance accountants to ensure timely and accurate completion of accounting tasks
- Review and approve MJE and reconciliations to ensure compliance with GAAP accounting principles and procedures
- Handle client queries and resolve issues promptly and professionally
- Perform open balance analysis to identify and address any discrepancies or irregularities
- Support auditors with internal trackers and client requests to ensure seamless collaboration and communication
Requirements and Qualifications
- At least 10+ years of experience in reinsurance accounting/R2R with a strong understanding of GAAP accounting principles and procedures
- Excellent communication and leadership skills to manage a team of accountants
- Ability to work effectively under pressure and meet deadlines
- Strong analytical and problem-solving skills to identify and resolve complex accounting issues
- Knowledge of insurance accounting regulatory reporting and US GAAP/IFRS preferred
Working Experience
The ideal candidate will have experience in handling reinsurance booking, managing cession calculations, making payments and allocations, billing and collections, premium and claims accounting, balance sheet reconciliations, and management reporting.
Technical Skills
- Proficient in MS Excel and SAP/Oracle/Blackline software
- Strong understanding of technical and soft skills required for the role
Salary Range
$120,000 - $180,000 per annum based on experience and qualifications.
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