Travelers

Senior Reinsurance Accounting Analyst

Travelers

Chicago, IL, USA
Full-TimeDepends on ExperienceSenior LevelMasters
Job Description

Are you an experienced accounting professional with a passion for the insurance industry? Look no further! Travelers is seeking a Senior Reinsurance Accounting Analyst to join our dynamic team. In this role, you will play a vital role in our reinsurance accounting operations, ensuring accuracy and efficiency in our financial reporting. We are looking for a detail-oriented individual with a strong understanding of reinsurance principles and a keen eye for identifying and resolving complex accounting issues. If you are a self-motivated problem solver with a strong commitment to delivering high-quality work, we want to hear from you. Join us at Travelers and take your career to the next level!

  1. Oversee all reinsurance accounting operations to ensure accuracy and efficiency in financial reporting.
  2. Analyze and interpret complex reinsurance agreements to ensure proper accounting treatment.
  3. Identify and resolve discrepancies and errors in reinsurance accounting.
  4. Collaborate with cross-functional teams to ensure accurate and timely processing of reinsurance transactions.
  5. Monitor and review reinsurance data to ensure compliance with accounting standards and company policies.
  6. Prepare and review financial statements and reports related to reinsurance activities.
  7. Develop and maintain strong relationships with reinsurance partners and internal stakeholders.
  8. Stay updated on industry and regulatory changes related to reinsurance accounting and make necessary adjustments to processes.
  9. Support and lead special projects related to reinsurance accounting as needed.
  10. Train and mentor junior team members to ensure a high level of expertise in reinsurance accounting.
  11. Provide guidance to other departments on reinsurance accounting matters.
  12. Proactively identify areas for process improvement and implement solutions to increase efficiency and accuracy.
  13. Participate in audits and assist with preparation of audit materials related to reinsurance accounting.
  14. Represent the company in a professional manner and maintain confidentiality of sensitive information.
  15. Continuously stay updated on reinsurance industry trends and best practices to enhance skills and knowledge.
Where is this job?
This job is located at Chicago, IL, USA
Job Qualifications
  • Bachelor's Degree In Accounting, Finance, Or A Related Field.

  • Minimum Of 5 Years Of Experience In Reinsurance Accounting, Preferably In A Large Insurance Company Or Reinsurance Firm.

  • Strong Knowledge Of Gaap, Ifrs, And Reinsurance Accounting Principles.

  • Excellent Analytical And Problem-Solving Skills, With The Ability To Identify And Resolve Complex Accounting Issues.

  • Experience With Sap Or Other Reinsurance Accounting Software, As Well As Advanced Proficiency In Excel.

Required Skills
  • Risk Management

  • Financial Analysis

  • Communication Skills

  • Data Analysis

  • Time Management

  • Reporting

  • Reinsurance accounting

  • Team Leadership

  • Regulatory compliance

  • Problem-Solving

  • Excel proficiency

  • Audit Preparation

Soft Skills
  • Communication

  • Emotional Intelligence

  • Leadership

  • Time management

  • Interpersonal Skills

  • creativity

  • flexibility

  • Teamwork

  • Adaptability

  • Problem-Solving

Compensation

According to JobzMall, the average salary range for a Senior Reinsurance Accounting Analyst in Chicago, IL, USA is between $102,000 and $146,000 per year. This may vary depending on factors such as experience, qualifications, and the specific company hiring.

Additional Information
Travelers is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, sex, sexual orientation, gender identity, age, status as a protected veteran, status as an individual with a disability, or other applicable legally protected characteristics.
Required LanguagesEnglish
Job PostedApril 3rd, 2024
Apply BeforeAugust 19th, 2025
This job posting is from a verified source. 
Reposted

Apply with Video Cover Letter Add a warm greeting to your application and stand out!

About Travelers

The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents.

Frequently asked questions

Get interviewed today!

JobzMall is the world‘ s largest video talent marketplace.It‘s ultrafast, fun, and human.

Get Started