Senior Reinsurance Accountant Job in Greenville, South Carolina Us
Liberty Life Insurance Company seeks a Senior Reinsurance Accountant to oversee the analysis and accounting for the reinsurance transactions. This position will report directly to the Financial Reporting Manager. The individual will oversee all financial aspects of the company’s reinsurance transactions including ensuring adherence to US GAAP and US Statutory requirements, company procedures, and applicable regulatory requirements.
Key Job Accountabilities
• Oversee all financial aspects of reinsurance activity
• Responsible for recording reinsurance activity to the general ledger and performing monthly reconciliations
• Ensure compliance with reinsurance agreements as to reporting, notifications, and settlements.
· Perform analysis of the reinsurance results
· Assist with month-end close process and quarterly/annual financial statement preparations
• In charge of establishment of appropriate SOX controls around reinsurance activity.
• Provides technical accounting policy support and interpretation to Chief Financial Officer and management regarding reinsurance accounting.
· Provide support for operational set-up of new reinsurance treaties
• Coordinates activities with other departments and work groups as needed.
• Performs related duties as directed.
Key Job Requirements
• Bachelor’s Degree preferably in Accounting, plus an internationally recognized professional accounting qualification (eg. CPA, C.M.A, etc)
• Minimum three (3) years’ applicable experience in insurance with experience in reinsurance accounting or processing preferred.
• Ability to interpret and understand complex reinsurance contracts
• Experience with annuity insurance products (MYGAs, EIAs) is ideal
• Detail oriented and able to work in a fast-paced environment
• Good communication, organizational, and interpersonal skllls; ability to work across all functions/levels as part of a team.
About Athene/Liberty Life Insurance Company
Headquartered in Greenville, SC, Liberty Life Insurance Company provides retirement income solutions that help Americans prepare for the future. For over a century, Liberty Life Insurance Company has earned the trust of its policyholders through financial stability, integrity and service. Liberty Life Insurance is owned by Athene Holding Ltd., a holding company that owns U.S. and Bermudian based insurance and reinsurance companies that write fixed annuity and institutional annuity direct and reinsurance contracts with approximately $6.5 BB in assets under management. Athene Asset Management LLC, manages the assets and capital that back the reserves.