Reinsurance Accountant

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At Equitable, our power is in our people.

We’re individuals from different cultures and backgrounds. Those differences make us stronger as a team and a force for good in our communities. Here, you’ll work with dynamic individuals, build your skills, and unleash new ways of working and thinking. Are you ready to join an organization that will help unlock your potential?

The Reinsurance Accountant is an expert in analysis for complex reinsurance initiatives including impact analysis, current and future state process flows and expertise on assumed and ceded reinsurance strategies and functions, implementation and testing.

• Daily reinsurance accounting activities, including transaction recording, reconciliation, and ledger maintenance.
• Interpret and operationalize complex reinsurance contracts in accordance with applicable accounting standards.
• Establish and uphold internal policies and procedures for reinsurance financial operations.
• Ensure timely issuance of billing statements and collections from reinsurers.
• Identify trends and variances through financial data review; advise leadership on potential improvements.
• Perform routine account reconciliations and resolve discrepancies effectively.
• Maintain strict adherence to accounting standards, regulatory requirements, and internal control procedures.
• Prepare for internal and external audits, providing all necessary documentation and insights.
• Knowledge of contract provisions, reinsurance concepts and principles and general business trends.
• Use business process design tools, including process maps and flow charts, to clarify reinsurance problems, goals and requirements to various Reinsurance stakeholders.
• Provide extensive subject matter expertise to support our enterprise strategy for reinsurance data.
• Supports an agile project management framework to prioritize and pace projects with a cross‑functional team.
• Monitor client accounts and statistics by using internal reports, performing data analysis and supporting stakeholders with reports and statistics.
• Financial reporting US GAAP, US STAT, Bermuda STAT, Schedule S, etc.

The base salary range for this position is $80,000–$135,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short‑term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.

For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.

Equitable

Pay and Benefits:

Equitable Total Rewards Program

• Bachelor’s degree in accounting, Finance or a related discipline.
• 3+ years experience in reinsurance accounting, claims and reporting within the insurance industry, ideally in the Life and Annuities.
• Established technical knowledge of reinsurance arrangements, accounting principles, and regulatory frameworks.
• Proven knowledge working with Microsoft Excel and financial systems; experience with reinsurance tools such as RMS, AIR is an advantage.
• Demonstrated analytical skills, attention to detail, and ability to manage complex datasets.
• Effective communication and interpersonal skills for team leadership and collaboration with both internal and external stakeholders and team members.
• Ability to thrive in a dynamic, deadline‑driven environment.
• Proactively seeks advice for new issues and suggests solutions.

• CPA, industry designation such as ALMI, FMLI or equivalent certification.
• Business Objects, Analysis for Office, Power Bi, and Tableau.

Accounting: Knowledge of accounting methods, processes, and tools; ability to maintain and prepare financial statements and reports using accounting methods and processes.

Cross‑functional

Collaboration:

Knowledge of collaborative techniques and approaches; ability to promote a culture of continuous improvement and working…