Reinsurance Controller

.Reinsurance Controller page is loaded## Reinsurance Controller locations:
Lincoln, NEtime type:
Full time posted on:
Posted Todayjob requisition :
R22192

Nelnet is a diversified and innovative company committed to enriching lives through the power of service as a student loan servicer, professional services company, consumer loan originator and servicer, payments processor, renewable energy solutions, and K-12 and higher education expert.  For over 40 years, Nelnet has been serving its customers, associates, and communities.

The perks of working at Nelnet go beyond our benefits package. When you join the Nelnet team, you're part of a community invested in the success of each individual. That support comes through in our work, as we are united by our mission of creating opportunities for people where they live, learn, and work.

Nelnet Insurance Services is seeking an Insurance/Reinsurance Finance Controller to lead finance strategy, reporting, and controls across our reinsurance portfolio. You’ll manage a team, partner closely with leadership and actuarial, and ensure our results are timely, accurate, and decision ready.
** Key Responsibilities
***
* 1) Financial leadership, planning & performance
*** Own NIS reinsurance financials and annual operating rhythm (close calendar, board/leadership reporting cycles).
* Convert treaty and portfolio performance (ELR, margin, UW profit, float) into clear, actionable insights.
* Partner with Management, Actuarial, and Program leadership on renewals and capital allocation decisions.
*
* 2) Close, reporting & narratives (oversight)
*** Set standards for monthly/quarterly reinsurance close in accordance with the consolidated close calendar
* Ensure accurate consolidation (hierarchy income statements, balance sheet), plus reserve roll forward, reinsurance cash activity, collateral/investment schedules and program summaries.
* Drive discipline and prevent rework through QA and signoffs.
*
* 3) Treaty lifecycle (premium, losses, settlements)
*** Establish the end-to-end
** treaty accounting governance**: bordereau intake, validation, earned vs written premium, UEPR, and LAE treatment.
* Set SLAs with brokers/carriers, approve settlements/refunds/cash calls, and lead resolution of structural variances and data integrity issues.
* Maintain the treaty controls library (desk procedures, checklists, risk/control matrices).
*
* 4) Capital, collateral & treasury (trusts/bonds/cash)
*** Oversee collateral trust and investment reporting (cash, bonds, valuations), ensuring alignment with treaty and regulatory requirements.
* Coordinate with Investments on liquidity and yield within risk constraints.
*
* 5) Actuarial, reserving & regulatory coordination
*** Partner with Actuarial on
** loss picks, ELR movements, and reserve adequacy;
** ensure consistent, timely incorporation into financials.
* Oversee actuarial report/SAO submissions and the evidence trail for regulatory inquiries.
* Maintain a calendar for regulatory filings and related governance artifacts.
*
* 6) Controls, audit & compliance ownership
*** Own outcomes for internal audits over reinsurance; remediate gaps; evidence control performance.
* Embed preventative controls in workflows (segregation of duties, approvals, data checks) and monitor via KPIs (e.g., recon aging, error rates).
*
* 7) Data, systems & automation
*** Lead the BDX/data automation roadmap to book actuals
* Sponsor tool improvements (data quality rules, reconciliation engines, version control, artifact indexing) and drive adoption.
*
* 9) Executive & board communication
*** Prepare executive briefs and board materials; present results, risks, and recommendations concisely.
* Serve as the senior finance interface to internal leaders on treaty performance.

Please note that we are unable to provide visa sponsorship for this position. To be considered, candidates must already be authorized to work in the United States without the need for current or future sponsorship.
** This candidate must be located in Omaha or Lincoln and in office 24 hours a week.
**** Salary for this role is: $180,000 DOE
**** Qualifications
* ** Bachelor’s in Accounting/Finance; CPA strongly preferred.
* 5+ years in…