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Director, Reinsurance Accounting

Job in Boston, Suffolk County, Massachusetts, 02298, USA
Listing for: Oliver James Associates Ltd.
Full Time position
Listed on 2026-01-16
Job specializations:
  • Finance & Banking
    Financial Reporting, Accounting Manager
  • Accounting
    Financial Reporting, Accounting Manager, Senior Accountant
Salary/Wage Range or Industry Benchmark: 150000 - 180000 USD Yearly USD 150000.00 180000.00 YEAR
Job Description & How to Apply Below
# Director, Reinsurance Accounting Director, Reinsurance Accounting Salary $150000 - $180000

Location Boston, MA, USA Contract Permanent Industry Accountancy  & Finance---Contact Adam Salvadori

A Director, Reinsurance Accounting Oliver James is currently partnered with a leading insurance organization seeking a Director, Reinsurance Accounting to oversee complex ceded and assumed reinsurance accounting and reporting activities across multiple bases of accounting, including US GAAP, Statutory (NAIC), and Bermuda Statutory.

This role sits within a collaborative finance organization and will partner closely with actuarial, investments, risk, and senior leadership. This individual will play a key role in treaty oversight, transaction onboarding, financial close, governance, and process improvement initiatives.###

Key Responsibilities
* Lead monthly and quarterly close processes related to reinsurance, including review of journal entries, reconciliations, and variance analysis
* Oversee accounting and financial reporting for complex ceded and assumed reinsurance treaties, including coinsurance, YRT, funds withheld, and retrocession arrangements
* Review and interpret reinsurance treaty documentation to ensure accounting and reporting compliance with contractual terms
* Prepare analytical reporting and executive-level commentary on reinsurance results and key business drivers
* Serve as accounting lead for new reinsurance transactions, including onboarding, modeling, and control design
* Develop and maintain standardized reinsurance accounting models and reporting frameworks
* Partner cross-functionally with actuarial, investment accounting, and risk teams to ensure accuracy of reserves, deferred gains/losses, and reinsurance recoverables
* Establish and maintain governance, controls, and documentation supporting treaty administration, premium settlements, and collateral tracking
* Act as a primary contact for internal audit, external auditors, and regulatory examinations related to reinsurance matters
* Drive process improvement, automation, and scalability initiatives within reinsurance accounting
* Mentor and develop junior accounting staff, providing technical guidance and leadership support
* Participate in enterprise-wide projects with cross-divisional financial and operational impact### Qualifications
* Bachelor’s degree in Accounting or related field
* 7+ years of progressive experience within insurance, reinsurance, or public accounting
* Strong technical knowledge of reinsurance accounting across GAAP and statutory frameworks
* Demonstrated ability to manage complex transactions and operate in a fast-paced, deadline-driven environment
* Proven leadership, collaboration, and communication skills
* Highly analytical with strong attention to detail and sound professional judgment
* Experience with large financial systems (e.g., ERP, financial reporting tools, consolidation systems) preferred
* CPA strongly preferred  To learn more, please reach out Adam Salvadori at a or apply directly.#
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