Accountant - Reinsurance

Posted 4 Days Ago
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Cincinnati, OH, USA
In-Office
Junior
Insurance
The Role
The Accountant in the Reinsurance department compiles and analyzes financial statements, maintains accounting reports, reconciles journal entries, and coordinates with other departments.
Summary Generated by Built In

Be Here. Be Great. Working for a leader in the insurance industry means opportunity for you. Great American Insurance Group's member companies are subsidiaries of American Financial Group. We combine a "small company" culture where your ideas will be heard with "big company" expertise to help you succeed. With over 30 specialty and property and casualty operations, there are always opportunities here to learn and grow.

At Great American, we value and recognize the benefits derived when people with different backgrounds and experiences work together to achieve business results. Our goal is to create a workplace where all employees feel included, empowered, and enabled to perform at their best.

Great American's Reinsurance department ensures that Great American complies with all of the accounting requirements under its various reinsurance agreements. It also ensures that all internal and external financial statements fairly and accurately reflect all such reinsurance transactions in accordance with statutory accounting principles. In addition, the department is responsible for purchasing the Corporate Catastrophe Covers and for performing portfolio-level catastrophe modeling.

Our Reinsurance department is hiring an Accountant to join their team! Great American’s culture is built on connection, shared learning, and strong relationships. To support this, employees in this role are expected to be on‑site four days a week, with the flexibility to work one day remotely. Core in‑office days are Tuesday–Thursday, with the fourth day determined by business needs.

Essential Job Functions and Responsibilities

  • Compiles, consolidates, and analyzes accounting and finance information for the production of statements, schedules, filings, and reports.  May assist in the preparation of more complex reports.

  • Assists in the day-to-day maintenance of standardized accounting reports.

  • Participates with the review and evaluation of existing procedures and operations in assigned area for management decision-making regarding improvements.

  • Reconciles and adjusts, as necessary, journal entries and accounting classifications assigned to various records.

  • Coordinates accounting matters and reporting with other departments, locations, divisions, and external customers.

  • Annual Statement Reporting

  • Performs other duties as assigned.

Job Requirements

  • Education: Bachelor’s degree in Accounting is highly preferred.

  • Experience: Generally, 1 or more years of related experience.

Business Unit:

Reinsurance

Benefits:

We offer competitive benefits packages for full-time and part-time employees*. Full-time employees have access to medical, dental, and vision coverage, wellness plans, parental leave, adoption assistance, and tuition reimbursement. Full-time and eligible part-time employees also enjoy Paid Time Off and paid holidays, a 401(k) plan with company match, an employee stock purchase plan, and commuter benefits.

 

Compensation varies by role, level, and location and is influenced by skills, experience, and business needs. Your recruiter will provide details about benefits and specific compensation ranges during the hiring process. Learn more at http://www.gaig.com/careers.

 

*Excludes seasonal employees and interns.

Skills Required

  • Bachelor's degree in Accounting
  • 1 or more years of related experience

Great American Insurance Group Compensation & Benefits Highlights

The following summarizes recurring compensation and benefits themes identified from responses generated by popular LLMs to common candidate questions about Great American Insurance Group and has not been reviewed or approved by Great American Insurance Group.

  • Leave & Time Off Breadth PTO, paid holidays, and paid parental leave are positioned as generous from the first year. These time‑off provisions are seen as core strengths of the total package.
  • Healthcare Strength Health coverage includes comprehensive medical, dental, and vision options supported by HSA and FSA programs. Wellness resources such as EAP access, fitness facilities or reimbursements, and instructor‑led classes broaden the offering.
  • Retirement Support Immediate 401(k) eligibility with a competitive company match and potential discretionary retirement contributions support long‑term savings. An employee stock purchase option and various discounts further reinforce financial benefits.

Great American Insurance Group Insights

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The Company
HQ: Cincinnati, OH
4,738 Employees

What We Do

Based in Cincinnati, Ohio, the operations of Great American Insurance Group are engaged primarily in property and casualty insurance, focusing on specialty commercial products for businesses. We have more than 30 specialty property and casualty insurance businesses, and in 2021, approximately 50% of our gross written premium in our property and casualty operations was generated by business units with a Top 10 market ranking. Great American Insurance Company has received an "A"​ (Excellent) or higher rating from the AM Best Company for more than 110 years (most recent rating evaluation of "A+"​ (Superior) affirmed December 3, 2021). The members of Great American Insurance Group are subsidiaries of American Financial Group, Inc. (AFG), also based in Cincinnati, Ohio.

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