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Reinsurance Accounting Jobs (NOW HIRING)

Reinsurance Accountant II

Birmingham, AL · Hybrid

$70K - $85K/yr

Protective is seeking a Reinsurance Accounting Analyst II to join our Reinsurance Accounting team. This role is responsible for supporting the accounting and reporting activities for multiple ...

New

Reinsurance Accountant II

Birmingham, AL · Hybrid

$70K - $85K/yr

Protective is seeking a Reinsurance Accounting Analyst II to join our Reinsurance Accounting team. This role is responsible for supporting the accounting and reporting activities for multiple ...

Reinsurance Accountant II

Birmingham, AL · On-site

$70K - $85K/yr

Protective is seeking a Reinsurance Accounting Analyst II to join our Reinsurance Accounting team. This role is responsible for supporting the accounting and reporting activities for multiple ...

Reinsurance Accounting Associate

Boston, MA · On-site

$90K - $140K/yr

RESPONSIBILITIES The Associate Reinsurance Accounting position is responsible for overseeing key accounting processes, ensuring accurate financial reporting, and supporting regulatory compliance ...

OR · On-site

Prepare technical, financial accounting of premium, claim and reserves based on statement of accounts or on bordereaux. * Review and analyze reinsurance contracts to ensure adherence to company ...

Senior Manager, Reinsurance Accounting Wilton, CT or Parsippany, NJ The Manager, Reinsurance Accounting, is a key member of AIG's Reinsurance Controllership team ensuring accurate accounting, robust ...

NY · On-site

$128 - $161/hr

JR2504341**Senior Manager, Reinsurance Accounting**Wilton, CT or Parsippany, NJThe Manager, Reinsurance Accounting, is a key member of AIG's Reinsurance Controllership team ensuring accurate ...

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Reinsurance Accounting information

See salary details

$54.5K

$86.8K

$114K

How much do reinsurance accounting jobs pay per year?

As of Aug 12, 2026, the average yearly pay for reinsurance accounting in the United States is $86,750.00, according to ZipRecruiter salary data. Most workers in this role earn between $75,000.00 and $103,500.00 per year, depending on experience, location, and employer.

What is reinsurance accounting?

A Reinsurance Accounting job involves managing financial transactions related to reinsurance agreements between insurance companies. Responsibilities include processing premiums and claims, reconciling accounts, preparing financial reports, and ensuring compliance with contractual terms. Professionals in this role work closely with underwriters, actuaries, and finance teams to maintain accurate records and assess financial impacts. Strong analytical skills and knowledge of accounting principles are essential for success in this field.

What does a reinsurance accountant do?

Reinsurance Accounting professionals are responsible for processing and reconciling reinsurance premiums, claims, and commissions, ensuring all transactions are accurately recorded. They prepare and analyze financial statements, collaborate with underwriting and claims teams to clarify contract terms, and assist in audits and regulatory reporting. The role often involves investigating discrepancies, resolving account issues, and maintaining clear communication with reinsurers and internal departments. These tasks require a strong attention to detail and the ability to manage multiple priorities in a deadline-driven environment.

What skills and qualifications are needed for reinsurance accounting?

To thrive in Reinsurance Accounting, you need a strong background in accounting principles, attention to detail, and knowledge of reinsurance agreements, often supported by a degree in accounting or finance. Proficiency with industry-specific software such as SAP, Oracle, or reinsurance management systems, as well as familiarity with regulatory reporting standards, is highly valued. Excellent analytical thinking, problem-solving abilities, and clear communication skills set candidates apart in this field. These capabilities are vital for ensuring accurate financial reporting, compliance, and seamless collaboration with underwriting and claims teams in a complex, highly regulated industry.

What is reinsurance in accounting?

Reinsurance in accounting involves an insurance company transferring part of its risk to another insurer to reduce exposure and stabilize financial results. Reinsurance accounting requires careful recording of premiums, claims, and reserves, often using specialized software and adhering to industry standards such as GAAP or IFRS. It helps insurers manage risk and maintain financial stability.

How to become a reinsurance accountant?

To become a reinsurance accountant, candidates typically need a bachelor's degree in accounting, finance, or a related field. Gaining experience in insurance or reinsurance accounting, developing strong analytical skills, and becoming familiar with industry-specific software are important steps. Professional certifications such as CPA or CPCU can enhance job prospects in this field.
More about Reinsurance Accounting jobs
What cities are hiring for Reinsurance Accounting jobs? Cities with the most Reinsurance Accounting job openings:
What are the most commonly searched types of Reinsurance Accounting jobs? The most popular types of Reinsurance Accounting jobs are:
What states have the most Reinsurance Accounting jobs? States with the most job openings for Reinsurance Accounting jobs include:
Infographic showing various Reinsurance Accounting job openings in the United States as of August 2026, with employment types broken down into 88% Full Time, 7% Part Time, 1% Temporary, and 4% Contract. Highlights an 87% Physical, 6% Hybrid, and 7% Remote job distribution, with an average salary of $86,750 per year, or $41.7 per hour.

Full-time

Medical, Dental, Vision, Life, Retirement

Re-posted 5 days ago


Job description

UFG is currently seeking a Manager, Reinsurance Accounting to be responsible for overseeing the day-to-day accounting operations, reporting, analysis and compliance of the Company's reinsurance activities. This role directs the procedures performed by the team to ensure the completeness, accuracy, and timeliness of all reinsurance accounting processes, including ceded and/or assumed transactions, integrity of calculations, reconciliations, and financial disclosures.
Working closely with Finance leadership, Actuarial, and Reinsurance Operations teams, this position provides technical research and other accounting support for treaty execution activities, cash settlements, and reinsurance reporting (GAAP and statutory) processes while maintaining an effective internal control environment. The Manager will play a key role in continuous improvement, driving process optimization, ensuring regulatory compliance, and contributing to the modernization of reinsurance accounting systems and practices.
This position requires strong leadership, analytical, and communication skills, with the ability to collaborate effectively across departments and external partners in a complex, fast-paced insurance environment.
Essential Duties and Responsibilities:
Reinsurance Operations & Reporting
  • Oversee daily reinsurance accounting operations, ensuring timely completion of month-end, quarterly, and annual closing activities.
  • Review and approve calculations, settlements, and journal entries for accuracy and compliance.
  • Coordinate preparation of financial statement disclosures, schedules, and statutory filings related to reinsurance activities.
  • Analyze reinsurance results and monitor key performance indicators to provide insights to Finance leadership and other stakeholders.
  • Actively participate in new treaty implementations.
  • Review treaty terms and documentation to ensure proper accounting treatment (i.e., GAAP, statutory accounting principles) and alignment with company policies
  • Collaborate with business partners across actuarial, underwriting, claims, and finance to resolve discrepancies and ensure data integrity.

Governance & Controls
  • Maintain SOX-compliant documentation, ensuring adherence to company policies and internal control requirements.
  • Collaborate with Internal Audit, external auditors, and Finance leadership to prepare and respond to audit requests.
  • Monitor reinsurance recoverable and payable balances to ensure accurate reconciliation and timely collection or settlement.

Collaboration & Process Improvement
  • Partner with the Finance Systems and Data team to maintain and enhance subledger systems supporting reinsurance accounting.
  • Identify, recommend, and implement process and automation improvements to enhance efficiency and accuracy.
  • Collaborate with cross-functional teams including operations and IT to support finance transformation initiatives designed to modernize systems and standardize financial processes.
  • Participate in special projects, including integrations, migrations, and regulatory change implementations.
  • Perform other duties as assigned to support the reinsurance team and company goals

Leadership
  • Manage and mentor team members, providing training, guidance, and performance feedback.
  • Promote a culture of accountability, continuous improvement, and collaboration within the reinsurance accounting function.
  • Coordinate workloads to meet deliverables and balance ongoing operational and project-related priorities.

Job Specifications:
Education:
  • Bachelor's degree in Accounting or Finance required.
  • Certified Public Accountant (CPA) preferred.

Experience:
  • 10+ years of insurance accounting experience with 5+ years related to reinsurance accounting
  • 3-5 years of supervisory or leadership experience
  • Prior experience within property and casualty insurance, preferred

Knowledge, skills & abilities:
  • Strong understanding of GAAP and statutory accounting principles.
  • Strong analytical and problem-solving skills with attention to accuracy and detail.
  • Advanced proficiency in Microsoft Excel (pivot tables, VLOOKUP, complex formulas)
  • Experience with ERP or reinsurance subledger systems preferred.
  • Exceptional analytical, problem-solving, and organizational skills.
  • Excellent written and verbal communication abilities, with a capacity to communicate effectively at all levels.
  • Ability to manage multiple priorities, meet deadlines, and work effectively in a dynamic environment.
  • Process improvement mindset with ability to identify and implement efficiency enhancements.
  • Critical thinking skills and sound professional judgment.
  • Strong leadership presence, team orientation, and commitment to operational excellence.

Working Conditions:
  • General Office Environment
  • Travel Requirements: Infrequent travel, only as needed

Pay Transparency Statement:
UFG Insurance is committed to fair and equitable compensation practices. The base salary range for this position is $123,865 - $163,368 annually, which represents the typical range for new hires in this role. Individual pay within this range will be determined based on a variety of factors, including relevant experience, education, certifications, skills, internal equity, geography and market data.
In addition to base salary, UFG Insurance offers a comprehensive total rewards package that includes:
  • Annual incentive compensation
  • Medical, dental, vision & life insurance
  • Accident, critical Illness & short-term disability insurance
  • Retirement plans with employer contributions
  • Generous time-off program
  • Programs designed to support the employee well-being and financial security.

This pay range disclosure is provided in accordance with applicable state and local pay transparency laws.
Equal Opportunity Employer
This employer is required to notify all applicants of their rights pursuant to federal employment laws. For further information, please review the Know Your Rights notice from the Department of Labor.