Senior Accountant - Reinsurance

Posted 19 Days Ago
Be an Early Applicant
Tyler, TX
Senior level
Insurance • Financial Services
The Role
The Senior Accountant is responsible for overseeing high-volume reconciliations, preparing financial reports, ensuring regulatory compliance, and managing billing and collections for insurance-related transactions. The role requires analyzing financial data, producing reports, maintaining accurate records, and responding to auditors' requests.
Summary Generated by Built In

We are looking for Senior Accountant to join our team working in office at our Tyler, Texas location. This role involves overseeing high-volume reconciliations, preparing financial statement reports, and ensuring compliance with all relevant accounting and financial regulations. Key responsibilities include billing and collections for insurance deductibles and reinsurance recoveries, compiling and analyzing financial data, and producing essential reports such as balance sheets and profit & loss statements across multiple entities. Additionally, this role will handle collateral and dividend calculations for captive clients and support auditors with schedules and query responses.

Your Impact:

  • Complex and large volume of reconciliations (bank accounts, insurance program cessions by carrier and program year, security deposits, fixed assets, investments, etc.)
  • Journal entries for financial statement reporting for FEIC entities
  • Billings and collections for insurance deductibles and reinsurance recoveries
  • Financial statement reporting for FEIC by 45 days from each quarter end
  • Complying with all company, local, state, and federal accounting, and financial regulations
  • Compiling, analyzing, and reporting financial data
  • Creating periodic reports, such as balance sheets, profit & loss statements, etc. for multiple entities
  • Maintaining accurate financial records
  • Performing reconciliation audits and resolving discrepancies
  • Preparing schedules and responding to queries as requested by auditors
  • Collateral and Dividend calculations for captive clients

Successful Candidate Will Have:

  • Bachelor’s degree in accounting or related field
  • CPA required
  • Multiple entity accounting required
  • Reinsurance accounting experience required (at least 5 years)
  • Great Plains, AMS360, QuickBooks experience preferred
  • Strong analytical, communication, and computer skills including Excel
  • Understanding of mathematics and accounting and financial processes
  • Occasional travel may be required

About One80:

One80 Intermediaries is a privately held firm with offices throughout the US and Canada. As a leading insurance wholesaler and program manager, One80 offers placement services and binding authority for property and casualty, life, travel/accident and health, affinity and administrative services, and warranty business. Launched just four years ago, One80 Intermediaries has grown to be one of the largest intermediaries in the United States. In 2022, Business Insurance ranked One80 as the 5th Largest MGA/Underwriting Manager/Lloyd’s Coverholder, and 5th Largest Underwriting Manager in the country.

This role supports our internal subsidiary known as IRM. Innovative Risk Management (IRM) is a boutique firm specializing in captive insurance solutions and specialty programs to help businesses meet the challenges and risks they face today. 

One80 Intermediaries is an equal opportunity workplace and is committed to ensuring equal employment opportunity without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability, Veteran status, or other legally protected characteristics.

Learn more about working at One80 Intermediaries by visiting our careers page: www.one80.com/careers.

Top Skills

Excel
The Company
Boston
418 Employees
On-site Workplace
Year Founded: 2019

What We Do

One80 Intermediaries is a privately held firm with offices throughout the US and Canada. As a leading insurance wholesaler and program manager, the company offers placement services and binding authority for property and casualty, life, travel/accident and health, affinity and administrative services and warranty business. One80 serves commercial companies, non-profits, public entities, individuals and associations and unions, and has access to all major insurance markets in the US, Canada and UK. One80 has offices in more than 55 locations in the US and Canada. For more information visit www.one80intermediaries.com

With expertise in marine, transportation, property, casualty, financial lines, medical stop loss, personal lines, travel/accident and health, life insurance and warranty coverage we provide in-house binding authority and access to market leading carriers on both sides of the Atlantic. One80 serves commercial companies, non-profits, public entities and individuals, and has access to all major insurance markets in the US, UK and Canada.

One80 has offices in 46 locations nationwide including Boston, New York City, Chicago, Cleveland, Cincinnati, Miami, Atlanta, Houston, Dallas, San Antonio, Omaha, Mountain View, Philadelphia, San Diego, Seattle, Toronto, and Montreal

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