Top

Senior Financial Analyst - Reinsurance

Frederick, MD, USA

260 Days ago

Job Description


Our partner is seeking a Senior Financial Analyst - Reinsurance to join the finance team in Frederick, MD. This position is focused on financial reporting and analysis of reinsurance agreements under various accounting standards, including US statutory, IFRS, and Bermuda statutory accounting. The ideal candidate will ensure accurate and timely delivery of financial information and maintain compliance with internal and external requirements.

Responsibilities

  • Draft and coordinate accounting memos and governance documents for reinsurance agreements.
  • Prepare responses to internal and external audit inquiries related to reinsurance.
  • Handle fiduciary due diligence requests for reinsurance objectives.
  • Conduct quarterly analyses of IFRS results for Bermuda subsidiaries, including BMA filings and board/committee materials.
  • Prepare and review statutory reinsurance schedules and reports.
  • Analyze reinsurance reports and settlements, including asset rollforwards.
  • Explain quarterly balance sheet and income statement movements related to reinsurance.
  • Manage monthly/quarterly intercompany reconciliations and reinsurance tie-outs.
  • Prepare journal entries and analyze Separate Account portfolio movements impacted by reinsurance.
  • Maintain external reinsurer transfer of risk assessments and related documentation.
  • Coordinate with tax teams to ensure accurate tax calculations.
  • Draft and review financial statement disclosures for reinsurance.
  • Maintain processes and controls to ensure the accuracy of reporting.
  • Calculate compliance information required for reinsurance financiers.
  • Lead documentation and process improvement initiatives.
  • Support ad hoc projects and team objectives as needed.

Requirements

Education

  • Bachelor's degree in Accounting or a related field required.
  • CPA certification is preferred.

Experience/Knowledge

  • 35 years of experience in a finance or accounting role.
  • Strong knowledge of reinsurance structures and accounting treatments (e.g., coinsurance, funds withheld, excess of loss).
  • Familiarity with US statutory accounting/RBC; knowledge of IFRS and Bermuda statutory accounting is a plus.
  • Background in financial statement preparation or auditing preferred.
  • Experience with individual life insurance, annuities, and pension risk transfer (PRT) is strongly preferred.

Skills

  • Exceptional analytical and problem-solving skills.
  • High attention to detail and ability to manage multiple tasks accurately.
  • Strong written and verbal communication skills.
  • Ability to work independently and prioritize tasks to meet deadlines.
  • Collaborative team player with a proactive approach to challenges.
  • Proficiency in financial software applications relevant to the role.

Benefits

  • Competitive salary range: $88,300$121,375 annually.
  • Eligibility for an annual performance bonus (target 8% of base salary).
  • Comprehensive benefits package, including health, life, and dental insurance.
  • 401(k) with company match up to 6% and a pension plan.
  • Generous paid time off: 15 vacation days, 10 sick days, and 9 paid holidays annually.
  • Opportunities for professional development and mentoring.
  • Wellbeing initiatives and community volunteer opportunities.

Qualification

Bachelor's Degree

Key Skills Required

AccountingAccounting StandardsAnalysisAttention to DetailAuditCommunicationComplianceComprehensiveDental InsuranceDevelopmentDiligenceDocumentationDue DiligenceFinanceFinancial ReportingFinancial Reporting and AnalysisFocusedGovernanceIncome StatementInsuranceLife InsuranceMentoringProactiveProcess ImprovementProfessional DevelopmentReportingTeam PlayerTimely DeliveryVerbal CommunicationWork IndependentlyWritten and Verbal Communication

Job Overview


Job Function: Banking / Finance

Job Type: Full Time

Workplace Type: Not Specified

Experience Level: Mid-Senior level

Salary: $88,300 - $121,375 / Annual Salary

Experience: 0 - 0 yrs

Contact Information


Company about us:

ThisWay is a leading technology company based in Austin, Texas, with a mission to revolutionize the way organizations approach hiring and talent management. Our team of seasoned leaders comes from prestigious backgrounds such as Apple, Walt Disney, and the Department of Defence, bringing a wealth of expertise in organizational strategy...

Company Name: ThisWay

Recruiting People: HR Department

Website: http://www.thiswayglobal.com

Headquarter: Austin, TX, USA 78704

Industry: IT/Computers - Software & Software Services

Company Size: 11-50 Employees

Location

Important Fraud Alert:
Beware of imposters. elsejob.com does not guarantee job offers or interviews in exchange for payment. Any requests for money under the guise of registration fees, refundable deposits, or similar claims are fraudulent. Please stay vigilant and report suspicious activity.

Similar Jobs

Assistant Director of Finance

Marvin Love and Associates • New Orleans, LA, USA

Salary: $85,000 - $95,000 / Annual Salary

View Job
Finance Associate

Jon Ossoff for Senate • Atlanta, GA, USA

Salary: $4,500 - $4,600 / Monthly Salary

View Job
Finance Manager

Fun Town RV • Thackerville, OK, USA

Salary: Competitive & Based on Experience

View Job
Financial Analyst

CoreSite • Denver, CO, USA

Salary: $68,000 - $78,000 / Annual Salary

View Job
Bank Controller

The Symicor Group • Elk Grove Village, IL, USA

Salary: $150,000 - $155,000 / Annual Salary

View Job
Investment Analyst

Kilter Group • United States

Experience: 4 - 5 yrs

Salary: Competitive & Based on Experience

View Job
Relationship Manager

Talent Worx • Noida, Uttar Pradesh, India

Salary: Competitive & Based on Experience

View Job
Cashier

Las Vegas Petroleum • Ash Fork, AZ, USA

Salary: Competitive & Based on Experience

View Job
Assistant Director of Finance

Marvin Love and Associates • Nashville, TN, USA

Salary: Competitive & Based on Experience

View Job
Finance Associate

Civica • Vadodara, Gujarat, India

Salary: Competitive & Based on Experience

View Job