Assistant Manager – Ceded Reinsurance

  • Location: NY, NY
  • Type: Direct Hire
  • Hybrid
  • Job #9384

An established organization is seeking an experienced Assistant Manager to join its Ceded Reinsurance Accounting team. This role reports to the Director and plays a key part in managing ceded reinsurance accounting activities, the quarterly close process, and statutory reporting. The ideal candidate will bring deep ceded reinsurance accounting expertise, strong analytical capabilities, and a proactive mindset focused on process improvement and automation.

Responsibilities include:

  • Managing the ceded reinsurance book of business, including:

    • Treaty setup and maintenance

    • Preparation of statements and cash calls

    • Processing cash payments and application of cash

    • Monitoring balances and performing analytics

  • Supporting quarterly reporting and analysis, including:

    • Period-over-period variance analysis

    • Reconciliation of subledger to the General Ledger

    • Parent company reporting requirements

  • Preparing financial schedules to support quarterly close and year-end statutory reporting

  • Ensuring accuracy, timeliness, and completeness of financial data

  • Partnering with IT and cross-functional teams to automate processes and enhance reporting efficiency

  • Identifying process improvements and strengthening internal controls

  • Supporting special projects and ad hoc reporting as needed

Requirements

  • 5+ years of ceded reinsurance accounting experience

  • Bachelor’s degree in Accounting, Finance, Business, or equivalent training

  • Strong Microsoft Excel skills (advanced formulas, VLOOKUP, pivot tables, and data analysis tools)

  • Proven ability to perform reconciliations and conduct detailed financial analysis

  • Self-starter with the ability to work independently, research issues, and implement process improvements with minimal supervision

  • Excellent interpersonal and communication skills with the ability to collaborate effectively across departments and with internal and external stakeholders

  • Strong sense of ownership, accountability, and project management skills in a fast-paced environment.

Estimated Compensation: $105,000 - $140,000 Per Year
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