Reinsurance Accounting Manager

Posted Yesterday
Be an Early Applicant
Hiring Remotely in United States
Remote
112K-140K Annually
Senior level
Automotive • Insurance • Machine Learning • Mobile • Software
Simplifying the everyday services people need.
The Role
Lead reinsurance accounting, reporting, reconciliations, controls, and month-end close. Manage reinsurance reporting to brokers, reinsurers, auditors, and regulators. Improve processes, automate reporting, maintain statutory and GAAP compliance, and develop the reinsurance team while partnering cross-functionally.
Summary Generated by Built In

Root was founded on the belief that car insurance is broken, and we set out to change it. We’re harnessing the power of technology to revolutionize this archaic, complicated industry. Using machine learning and mobile telematic platforms, we’ve built one of the most innovative insurtech companies in the world.


The Opportunity

Root is looking for a Reinsurance Manager to lead reinsurance accounting, reporting, reconciliations, controls, and related financial operations. This role will partner closely with Accounting, Finance, Actuarial, Legal, Treasury, external brokers, reinsurers, auditors, and cross-functional stakeholders to ensure accurate, timely, and well-controlled financial reporting.

 

The ideal candidate is a hands-on accounting leader with experience in complex accounting transactions, reinsurance reporting, statutory accounting, reconciliations, process improvement, and team development. This person brings strong ownership, sound judgment, and the ability to lead through ambiguity while managing multiple priorities in a fast-paced, highly regulated environment.


Salary Range:  $112,000 - $139,900 (Eligible for competitive bonus and equity offering)
Root is a “work where it works best” company. Meaning we will support you working in whatever location that works best for you across the US. We will continue to have our headquarters in Columbus, Ohio.


How You Will Make an Impact

  • Lead and oversee reinsurance accounting activities, including month-end close, journal entries, account analysis, reconciliations, and complex reinsurance transactions.
  • Own the relationship, preparation, review, and completion of reinsurance reports for brokers, management, reinsurers, auditors, internal cross-functional partners, fronting arrangements, and other stakeholders.
  • Support accurate and timely GAAP, statutory, SEC, quarterly, and annual financial reporting.
  • Assist with statutory accounting statements, state filings, and other regulatory reporting requirements related to statistical reporting, reinsurance and insurance accounting.
  • Develop, maintain, and improve reinsurance accounting procedures, close processes, reconciliation templates, reporting workflows, and control documentation.
  • Identify, document, and enhance key controls related to reinsurance accounting, reconciliations, statutory reporting, and financial reporting.
  • Drive process improvements, automation, reconciliation enhancements, and scalable reporting solutions.
  • Partner cross-functionally to improve data quality, reduce manual effort, strengthen controls, and shorten the close timeline.
  • Lead, influence, develop, and grow the existing team through clear direction, coaching, training, and performance development.
  • Navigate ambiguity, coordinate multiple projects simultaneously, accept ownership and accountability, and deliver on commitments.
  • Use approved AI tools to accelerate work where appropriate, including research, drafting, data cleanup, summarization, workflow automation, and process documentation.
  • Support ad hoc accounting, reporting, regulatory, audit, and strategic finance projects as needed.


What You Will Need to Succeed

  • 5+ years of relevant accounting and/or finance experience; exposure to property and casualty insurance accounting and/or reinsurance reporting is a plus.
  • Bachelor’s degree in accounting or finance.
  • Comprehensive knowledge of P&C insurance industry financials, with strong understanding of GAAP & statutory insurance accounting rules.
  • Prior people leadership or team management experience.
  • Demonstrated ability to lead, influence, develop, and grow a team while maintaining strong cross-functional relationships.
  • Strong understanding of state regulatory statutes, statutory reporting requirements, and minimum capital and surplus requirements.
  • Solid understanding of NAIC Model Audit Rule and SOX requirements.
  • Experience with reinsurance accounting, reporting, settlements, reconciliations, broker/reinsurer reporting, or related insurance accounting processes.
  • Strong analytical, root cause analysis, variance resolution, and problem-solving skills.
  • Ability to develop relationships with diverse groups and various levels of financial and operating personnel.
  • Ability to operate independently and as part of a larger functional team.
  • Excellent verbal and written communication skills, with the ability to tailor messaging to a wide range of audiences.
  • Strong attention to detail, accountability, sound judgment, and curiosity.
  • Proficiency with Microsoft Office products, data analytic tools, and reconciliation systems such as FloQast.
  • AI literacy and comfort using approved AI tools to improve efficiency and quality.


As part of Root's interview process, we kindly ask that all candidates be on camera for virtual interviews. This helps us create a more personal and engaging experience for both you and our interviewers. Being on camera is a standard requirement for our process and part of how we assess fit and communication style, so we do require it to move forward with any applicant's candidacy. If you have any concerns, feel free to let us know once you are contacted. We’re happy to talk it through.

Please see our Privacy Notice available HERE for more information on how we process your personal data.


Consistent with the Americans with Disabilities Act (ADA) and the Civil Rights Act of 1964, it is the policy of Root to provide reasonable accommodation when requested by a qualified applicant or candidate with a disability, unless such accommodation would cause an undue hardship for Root. The policy regarding requests for reasonable accommodation applies to all aspects of the hiring process. If reasonable accommodation is needed, please contact [email protected]

Skills Required

  • 5+ years of relevant accounting and/or finance experience
  • Bachelor's degree in accounting or finance
  • Comprehensive knowledge of P&C insurance financials and GAAP & statutory insurance accounting rules
  • Experience with reinsurance accounting, reporting, settlements, reconciliations, or broker/reinsurer reporting
  • Prior people leadership or team management experience
  • Strong understanding of state regulatory statutes, statutory reporting requirements, and minimum capital and surplus requirements
  • Solid understanding of NAIC Model Audit Rule and SOX requirements
  • Proficiency with Microsoft Office products (e.g., Excel) and data analytic tools
  • Proficiency with reconciliation systems such as FloQast
  • AI literacy and comfort using approved AI tools to improve efficiency and quality
  • Strong analytical, root cause analysis, variance resolution, and problem-solving skills
  • Excellent verbal and written communication skills and ability to build cross-functional relationships
  • Exposure to property and casualty (P&C) insurance accounting and/or reinsurance reporting
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The Company
HQ: Columbus, OH
750 Employees
Year Founded: 2015

What We Do

At Root, we’re doing things differently. We’re reimagining the services people need so that they serve them better. And we’re doing it by using data, technology, and rapid innovation to create products and experiences that are fair, easy, personal, and affordable. We’ve partnered with Carvana in a partnership that brings an industry-leading, seamless insurance process to the online car buying experience. The launch of Carvana Insurance Built with Root delivers an elevated customer experience made possible through a deep integration that pre-fills key customer information so that a customer can skip data entry and jump directly to evaluating quotes and customizing coverage. This fully embedded product experience—from quote to payment—happens entirely within the Carvana checkout process. Teams from both Carvana and Root have worked for months to build this bold technology platform. An early iteration involved 24 screens in the customer experience flow—that experience is now just three straightforward steps.

Why Work With Us

Our success is because of the hard work, ingenuity, and exceptional performance of our team. People come to Root because they know they can make an impact in their role, the company, and the industry. We’re passionate and curious self-starters, building a top-notch customer experience. Sound like something you’d like to be a part of?

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