Senior Reinsurance Analyst - SGA Inc.

Morristown, NJ

About the Job

Software Guidance & Assistance, Inc., (SGA), is searching for an Sr Reinsurance Analyst for a FULL TIME assignment with one of our premier ReInsurance clients in Morristown, NJ.

Perform all aspects of treaty assumed accounting of assigned brokers including thorough account analysis of complex reinsurance contracts, entry into reinsurance system, and cash settlement. Participate in the preparation of monthly closing reports and quarterly underwriting results. Lead or assist with special projects, system enhancements, testing, and ad-hoc reporting requests.
Responsibilities :

Analyze & process complex monthly/quarterly treaty reinsurance accounts:
Reconcile broker invoices to supporting documentation.
Thoroughly review premium & loss bordereaux to ensure compliance with treaty terms & to identify catastrophe or large loss activity.
Prepare cash disbursements for assigned brokers.
Document and resolve account or cash issues.
Confirm and process adjustable features on contingent and sliding scale commissions as well as retrospectively rated premium adjustments.
Prepare complex monthly and quarterly reports with variance analysis.
Follow-up for missing accounts.
Prepare and update pro-rata claims automatic upload template.
Analyze and process retro QS accounts.
Employ process improvements and efficiencies to facilitate execution and analysis.
Ensure effective SOX controls are maintained and followed.
Work closely with other Reinsurance Accounting team members, and members of Actuarial, Underwriting and Claims departments.
Assist with internal and external audits of treaty reinsurance accounting.
Assist in the preparation of Assumed & Ceded Schedule F.

Required Skills:

Bachelor's degree in accounting and MBA a plus
+5 years assumed or ceded reinsurance accounting experience
Experience in property & casualty reinsurance assumed accounting
Are certification and/or CPCU courses a plus
Exceptional analytical and problem-solving skills with the ability to draw conclusions from research
Strong attention to detail and ability to effectively prioritize multiple tasks to meet critical deadlines
In-depth knowledge of treaty reinsurance accounting concepts
Highly motivated, strong ability to take initiative, and strong sense of ownership
Excellent organizational and time management skills
Strong interpersonal, written, and verbal communication skills
Ability to work both independently and as part of a team with individuals at all levels
Ability to work in a fast-paced environment
Microsoft Excel proficient in pivot table & v-lookup functionality
Snowflake Query creation a plus

SGA is a technology and resource solutions provider driven to stand out. We are a women-owned business. Our mission: to solve big IT problems with a more personal, boutique approach. Each year, we match consultants like you to more than 1,000 engagements. When we say let's work better together, we mean it. You'll join a diverse team built on these core values: customer service, employee development, and quality and integrity in everything we do. Be yourself, love what you do and find your passion at work. Please find us at https://sgainc.com/ .

SGA is an Equal Opportunity Employer and does not discriminate on the basis of Race, Color, Sex, Sexual Orientation, Gender Identity, Religion, National Origin, Disability, Veteran Status, Age, Marital Status, Pregnancy, Genetic Information, or Other Legally Protected Status. We are committed to providing access, equal opportunity, and reasonable accommodation for individuals with disabilities in employment, and our services, programs, and activities. Please visit our company EEO page to request an accommodation or assistance regarding our policy.

Source : SGA Inc.