Job Title: Senior Manager, Reinsurance Accounting (CAT Reinsurance)
Location: Southeast USA preferred.
Industry: Property & Casualty Insurance - Homeowners
About the Opportunity
Our client, a rapidly growing P&C homeowners insurance carrier, is seeking a Senior Manager of Reinsurance Accounting to join their dynamic finance team. This is a critical leadership role that will oversee the end-to-end reinsurance accounting process with a specialized focus on catastrophe (CAT) reinsurance programs.
We're looking for someone with not only the technical expertise to manage complex reinsurance structures, but also the leadership acumen to guide a high-performing team and collaborate cross-functionally with actuarial, claims, and underwriting teams. If you thrive in a fast-paced, high-accountability environment and bring strong CAT reinsurance accounting experience, we want to hear from you.
Key Responsibilities
Lead the accounting operations for assumed and ceded reinsurance, with an emphasis on catastrophe reinsurance treaties and facultative placements.
Own the monthly and quarterly close process related to reinsurance, including journal entries, reconciliations, and reporting.
Collaborate closely with actuarial and underwriting to ensure timely and accurate recording of premiums, losses, and recoverables.
Manage relationships with reinsurers and brokers; coordinate reinsurer settlements, billings, and cash flow management.
Oversee the preparation of Schedule F and other statutory/regulatory filings related to reinsurance.
Evaluate and implement process improvements and systems upgrades to support growth and efficiency.
Lead and mentor a team of accounting professionals; foster a culture of accountability and continuous improvement.
Serve as a key point of contact for external audits and internal controls related to reinsurance.
Qualifications
Bachelor's degree in Accounting, Finance, or related field (CPA preferred).
7+ years of progressive experience in reinsurance accounting, ideally within the P&C insurance space.
Direct experience managing catastrophe reinsurance accounting (quota share, excess of loss, ILWs, etc.).
Solid understanding of GAAP and Statutory accounting principles as they relate to reinsurance.
Strong leadership experience with the ability to build and develop high-performing teams.
Excellent communication and analytical skills, with a keen attention to detail.
Experience with insurance ERP systems and reinsurance subledgers (e.g., Oracle, SAP, WINS, etc.) a plus.
