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RGP

Reinsurance Accounting Consultant

Posted 2 days ago
$65 - $75 per hour
5-10 years experience
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AI Summary

The consultant will manage reinsurance accounting operations for Property and Casualty divisions, including billing, cash application, and financial reporting. They will also ensure compliance with SOX controls and maintain effective relationships with clients and underwriters.

Fully Remote
Full time
Jersey City New Jersey United States
Consulting
On Demand Talent
About This Role
We are seeking an experienced Accountant with a strong background in Reinsurance to join our team. This role is critical in managing accounting operations for both Property and Casualty Facultative divisions, ensuring accuracy, compliance, and timely financial reporting. The ideal candidate will have hands-on experience in reinsurance accounting processes, strong analytical skills, and the ability to maintain effective client relationships.

Work Location: Remote but willing and able to primarily work east coast business hours

Duration: 6+ months, likely to extend

Pay Rate Range: $65/hr-$75/hr

What You Will Work On
  • Perform all aspects of accounting for individual risk and program business.
  • Oversee monthly billing and daily cash application processes.
  • Maintain strong relationships with clients and assistant underwriters to resolve collection issues and clear overdue balances promptly.
  • Participate in the preparation of monthly closing reports and quarterly underwriting results.
  • Analyze and process monthly/quarterly premium bordereaux for program business.
  • Reconcile invoicing to supporting documentation and confirm premium calculations align with contractual terms.
  • Review program contract setup for accuracy in the reinsurance system.
  • Follow up on missing accounts, overdue balances, and unapplied cash amounts.
  • Oversee billing for new certificates/endorsements to direct clients and brokers.
  • Manage daily vouchering and application of cash receipts and disbursements.
  • •Support preparation of various management reports and Assumed & Ceded Schedule F for the Annual Statement.
  • Ensure compliance with SOX controls and internal policies.

What You Will Bring
  • Bachelor’s degree in Accounting, Finance, or related field; CPA or progress toward certification preferred.
  • 7+ years of accounting experience, with a strong focus on reinsurance or insurance industry.
  • Solid understanding of reinsurance accounting principles, including premium and loss bordereaux.
  • Proficiency in reinsurance systems and advanced Excel skills.
  • Strong analytical and reconciliation skills with attention to detail.
  • Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
  • Excellent communication and relationship management skills.
  • Knowledge of SOX compliance and internal control frameworks.
What You Can Expect
  • An inspirational place for you to do your best work, be engaged in meaningful ways, and continually develop the skills, competencies and qualities that set our team apart.
  • Compensation commensurate with your qualifications, experience, and other factors including geographic location, market and operational factors. 
  • Total Rewards include: Medical, Dental, Vision, Life Insurance, Disability Insurance, 401(k) Savings Plan, Employee Stock Purchase Plan, Professional Development Program, Paid Time Off and Paid Sick Time (in geographies where legally required).
What We Do
At RGP, we're creating a future where businesses produce their best work without constraints. We've built a global network of over 2,600 experts across four regions, providing a comprehensive suite of solutions across on-demand talent, next-generation consulting, and outsourced services to support organizations at every stage of their growth journey. Trusted by Fortune 100 companies and emerging disruptors alike, we challenge conventional ways of working, drive growth, and pave the way for long-term success through bold innovation and fearless collaboration.

Our values guide everything we do and strengthen our commitment to people. By combining smart processes, human-centered design, and advanced technology, we celebrate our team's excellence and ensure we grow together. We believe in the power of continuous learning and development to drive both individual and organizational success. It’s time to rethink how work gets done. Dare to Work Differently® with RGP.

RGP is proud to be an Equal Opportunity Employer and committed to creating an inclusive environment for all employees. We do not discriminate on the basis of race, color, religion, national origin, gender, pregnancy, sexual orientation, gender identity, age, physical or mental disability, genetic information, veteran status, or any other legally protected trait and encourage all applicants to apply. 

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