Senior Director Reinsurance Accounting at Fortegra

The Senior Director of Reinsurance Accounting will lead a team of accountants to accurately and timely interpret and account for the Company’s “Specialty” Property & Casualty Business, including establishing proper controls and processes to support the ongoing growth in the US. Individual must be driven, a collaborator, complete team player and confident manager of talent.

Minimum Qualifications

• Bachelor's degree (Accounting preferred)
• Advanced knowledge of insurance accounting and reinsurance.
• Advanced knowledge of reinsurance contracts with the ability to translate the contract into financial information.
• Previous Management or Supervisory experience.
• Experience preparing, filing and submitting Schedule F on NIAC annual statements.
• Previous experience interacting with brokers, reinsurers, and other interested parties.
• Strong analytic skills.
  
  

Primary Job Functions

• Ensure accurate and timely compilation of accounting information, analysis and reporting in accordance with U.S. Generally Accepted Accounting Principles (GAAP) and NAIC Guidelines (SSAP).
• Liaison with external reinsurers and reinsurance brokers to ensure timely transfer of data and reports.
• Prepare and analyze complex standard financial reinsurance and ad hoc reports for management.
• Timely creation and reporting of reinsurance cession statements.
• Interpret both new and renewal reinsurance agreements for proper recording and reporting within the reinsurance software.
• Develop and manage a team of reinsurance accountants and analysts.
• Manage and produce reinsurance reporting schedules for the Statutory annual statements.
• Assist with internal and external audit requests.
  
  

The above cited duties and responsibilities describe the general nature and level of work performed by people assigned to the job. They are not intended to be an exhaustive list of all the duties and responsibilities that an incumbent may be expected or asked to perform.

Skills & Competencies Required

• Ability to evaluate reinsurance transactions, their structure and financial accounting implications of these transactions.
• Ability to read reinsurance treaty agreements and apply concepts in the agreements to the appropriate accounting and administrative approach.
• Understanding complex reinsurance cession statements.
• Ability to research accounting guidance and apply appropriate accounting guidance to complex reinsurance transactions and structures.
• Execution leadership. Proven track record of leading a team to improved performance
• Be a self-starter and show ability to meet deadlines and goals in a limited time frame.
• Ability to effectively deal with outside company departments.
• Ability to work independently and make effective decisions to complete work assignments.
• Ability to work with, train and motivate subordinates, as well as associates in other areas in required work assignments.
• Assist with other assigned duties and special projects.
  
  

Additional Information

Full benefit package including medical, dental, life, vision, company paid short/long term disability, 401(k), tuition assistance and more.