Reinsurance Accountant

Our client an established Reinsurance organisation has an immediate opening within their Financial Accounting function. The ReInsurance Accountant will be responsible for all aspects of accounting for assigned reinsurance contracts. Working closely with the Finance Director this is an exciting opportunity to join the senior finance team of a progressive Insurance operator with an international presence. The role will be based in Zurich.

The successful applicant will assume responsibility for all aspects of accounting for assigned reinsurance contracts.

Responsibilities

• Verification of underwriting data for quota share and excess of loss contracts
• Provide technical support (accounting and claims) to underwriters
• Maintain the accuracy of premium information on excess of loss contracts including endorsements, premium adjustments and cash allocations
• Maintain all aspects of quota share programs including bordereau reporting
• Verify, prepare and record all claims activity
• Allocate of cash
• Monitor aging of accounts receivable
• Liaise with brokers and underwriters regarding queries, outstanding receivables and premium adjustments
• Liaise with Reinsurance Dublin Finance team to ensure timely and accurate financial reporting in accordance with internal deadlines
• Support  Dublin Finance team to complete RSG monthly close
• Other projects and/or tasks as required

 Requirements

• Strong organizational and time management skills
• The ability to communicate effectively with individuals at all levels and in all areas of the organization
• A strong work ethic and the ability to take initiative and work without supervision
• The ability to work in a team environment
• Strong German and English verbal and written skills
• Proven ability to work under time constraints

 Preference will be given to candidates who have the following in addition to the above:

• The ability to read and understand contracts
• Experience in the insurance or reinsurance industry
• Understanding of accounting for quota share and excess of loss contracts
• Experience with underwriting systems
• Multiple language skills