Director, Reinsurance Accounting

Posted:
8/14/2024, 5:00:00 PM

Location(s):
Exeter, New Hampshire, United States ⋅ New Hampshire, United States

Experience Level(s):
Expert or higher ⋅ Senior

Field(s):
Accounting

Overview of Position

This Director role is primarily responsible for all areas relating to Lifestyle segment reinsurance financial accounting, reporting and controls.  This position will be responsible for maintaining relationships with the business and clients, setting priorities to meet the needs of both the business and the finance department.  The Accounting Director supervises staff and is responsible for managing the team to ensure that work is properly allocated and completed in a timely and accurate manner. This position addresses tight deadlines and a multitude of accounting activities. 

What will be my duties and responsibilities in this job?

  • Ensure an accurate and timely monthly, quarterly and year end close for financial reporting on a GAAP and Statutory basis

  • Perform Lifestyle segment contract reviews

  • Lead the CECL reinsurance process

  • Oversee SOX reinsurance controls, internal and external audit requirements

  • Own prioritization of projects and lead transformation efforts

  • Handle questions/escalations from the FP&A, senior financial leaders and business as it relates to client/product P&Ls

  • Develop analytics at an enterprise and legal entity level

  • Able to gather relevant data points to present to management to aid in decision making/reporting

  • Collaborates with the other finance department directors to support overall department goals and objectives

  • Assign projects and direct staff to ensure compliance and accuracy

  • Monitors and analyzes department work to develop more efficient procedures and use of resources while maintaining a high level of accuracy

  • Advises staff regarding the handling of non-routine reporting transactions

  • Work with each direct report to establish goals and objectives for each year and monitor and advise on the progress to enhance the professional development of staff

  • Resource management related to both onshore and offshore teams

  • Updates job knowledge by participating in educational opportunities; reading professional publications; maintaining personal networks; participating in professional organizations

  • Protects organization's value by keeping information confidential

Responsibility for the work of others

  • Responsible for the work of 3 managers

Travel up to 5%

What are the requirements needed for this position?

  • Bachelor’s degree in Accounting

  • Minimum of 10 years of relevant accounting experience in a reinsurance function or equivalent experience

  • Detailed knowledge of reinsurance including underwriting, claims, accounting, finance and associated process, controls and systems

  • Detailed knowledge of accounting principles, practices, the insurance/reinsurance markets, and the analysis and reporting of financial data

  • Strong verbal and written communication skills with significant experience interacting with senior management and external stakeholders

  • Strong negotiation, analytical, decision making, problem resolution and organizational skills

  • Process transformation and control improvement experience

What other skills/experience would be helpful to have?

  • Certified Public Accountant (CPA) license or MBA

  • Able to thrive in a fast pace environment

  • Ability to multi-task, work under pressure and meet deadlines

  • Strong analytical and problem solving skill

  • Accuracy and attention to detail

  • Strong organizational skills

  • Advanced Microsoft Excel skills including pivot tables, V-look ups

  • Able to work independently

  • Able to adapt to a flexible work environment

  • Team player who is willing to go outside defined roles and responsibilities for the benefit of the broader team

Pay Range:

$99,200.00 - $165,600.00

Any posted pay range considers a wide range of compensation factors, including candidate background, experience and work location, while also allowing for salary growth within the position.

Expected application deadline is

08/26/2024

If date is blank then this is a pipeline requisition, and we will continue to collect applications on an ongoing basis.

Helping People Thrive in a Connected World
Connect with us. Bring us your best work and your brightest ideas. And we’ll bring you a place where you can thrive. Learn more at jobs.assurant.com.

For U.S. benefit information, visit myassurantbenefits.com. For benefit information outside the U.S., please speak with your recruiter.

What’s the culture like at Assurant?
Our unique culture is a big reason why talented people choose Assurant. Named a Best/Great Place to Work in 13 countries and awarded the Fortune America’s Most Innovative Companies recognition in 2023, we bring together top talent around the world. Although we have a wide variety of skills and experiences, we share common characteristics that are uniquely Assurant. A passion for service. An ability to innovate in practical ways. And a willingness to take chances. We call our culture The Assurant Way.

Company Overview
Assurant is a leading global business services company that supports, protects, and connects major consumer purchases. A Fortune 500 company with a presence in 21 countries, Assurant supports the advancement of the connected world by partnering with the world’s leading brands to develop innovative solutions and deliver an enhanced customer experience through mobile device solutions, extended service contracts, vehicle protection services, renters insurance, lender-placed insurance products, and other specialty products.

Equal Opportunity Statement
Assurant is an Equal Employment Opportunity employer and does not use or consider race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, gender identity, or any other characteristic protected by federal, state, or local law in employment decisions.

Assurant

Website: https://assurant.com/

Headquarter Location: New York, New York, United States

Employee Count: 10001+

Year Founded: 1892

IPO Status: Public

Last Funding Type: Post-IPO Debt

Industries: Customer Service ⋅ Finance ⋅ Financial Services ⋅ Information Technology ⋅ Insurance