A Brief Overview

The Reinsurance Account Technician, set up individual and group life and health reinsurance contracts in internal systems. Establish accruals, apply premiums and commissions, and interpret standard legal document requirements. Provide basic support for premium‑accrual‑related inquiries. Ensure timely and accurate accounting and reporting for assigned contracts. Collaborate regularly with Pricing teams and external clients to resolve issues.

What you will do

• Provide technical support for assigned individual and group reinsurance treaties. Gather relevant data from clients and internal sources for both new business and renewals.

• Interpret contracts and account data to ensure timely and accurate setup, administration, and maintenance of assigned business in the reinsurance administration system.

• Create and manage accruals for accounts with potential financial impact. Research, report, and collect balances overdue more than 60 days. Verify and apply premiums and commissions within required timeframes to maintain low suspense balances.

• Complete all required risk-control processes and reporting to ensure accurate and timely processing of assigned business.

• Identify and report basic system issues or enhancement needs, and assist with testing activities for the reinsurance administration system and imaging system.

• Perform additional duties and special projects as assigned.

• Validate premium and claims bordereaux to ensure accuracy and compliance.

• Prepare balance confirmation letters for auditors as needed.

• Perform OFAC screening for applicable premium receipts.

• Meet departmental KRIs on a monthly and quarterly basis.

Qualifications

• Associate’s Degree (AA) or equivalent experience required

• 1+ Years accounting, insurance and or reinsurance experience required

• Experience writing and/or interpreting group and Individual insurance/reinsurance contracts wording. preferred

• Business Objects query experience preferred

• Fluent on English Spanish communication (written and spoken) required

• Microsoft Word, Excel, and Outlook skills required

• Accounting knowledge required

• Ability to be flexible when needed, take initiative, and demonstrate accountability. required

• Basic oral and written communication skills demonstrating ability to share and impart knowledge. required

• Ability to quickly adapt to new methods, work under tight deadlines and stressful conditions. required

• Ability to set goals, multitask and prioritize workload. required

• Investigative, analytical and problem-solving skills required

• Ability to work well within a team environment and participate in department projects required

• Ability to balance detail with departmental goals/objectives required

• SQL preferred