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Specialist, Reinsurance Accounting Ops - RT08AE

We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future.

Navigators Re (“NavRe”) is a division of The Hartford writing assumed treaty reinsurance. Reporting to the Reinsurance Accounting manager, the reinsurance accountant will be responsible for technical accounting duties including high level review/analysis and processing of assumed reinsurance statements in our dedicated sub-ledger system. The successful candidate will have strong organization and reconciliation skills, a solid understanding of accounting and be self-motivated and proactive. This role involves collaborating with both internal and external business partners and embracing change and innovation.

This role can have a Hybrid or Remote work arrangement.  Candidates who live near one of our office locations (Stamford, CT or Chicago, IL) will have the expectation of working in an office 3 days a week (Tuesday through Thursday).   Candidates who do not live near an office will have a remote work arrangement, with the expectation of coming into an office as business needs arise.

Responsibilities

+ Oversee the end-to-end technical accounting process for assigned treaties

+ Review and record premium and claim activity for assumed reinsurance contracts in accordance with treaty terms while maintaining accuracy and timeliness

+ Calculate and record various treaty adjustments, including sliding scale commissions, profit commissions and deposit premium adjustments

+ Prepare payments (cash calls, statement balances, treaty adjustments) according to contract terms

+ Develop strong relationships and work collaboratively within the team, with other functional areas (Underwriting, Claims, Finance, IT) and clients to clarify and resolve queries, correct data discrepancies, and track down missing information

+ Achieve qualitative and granular understanding of accounts and reported balances

+ Provide accurate and detailed analysis, reporting and insight in a timely manner and address inquiries promptly with resolution

+ Take note of any unusual or significant activity in a treaty and communicate to manager and underwriter

+ Partner with cash accounting teammates regarding balances due

+ Ensure all required supporting documentation has been received and maintain accurate storage of relevant accounting documents

+ Assist with special projects, system enhancements, testing, and ad-hoc reporting requests

+ Embrace change, efficiency and effectiveness

Qualifications

+ Bachelor’s degree in Accounting/Finance or equivalent work experience

+ 3+ years of accounting, reporting or finance experience

+ Bilingual Spanish/English strongly desired

+ Reinsurance accounting experience strongly desired

+ Proactive individual with well-developed communication skills, analytical and documentation skills, and with high attention to detail

+ Ability to react and successfully balance competing priorities in a dynamic, fast-paced work environment under strict time constraints

+ Proven track record of taking initiative to research and resolve issues

+ Strong computer skills and desire to learn new applications with advanced MS Excel knowledge

+ High level of discipline and ability to work independently and within a team to drive results

Compensation

The listed annualized base pay range is primarily based on analysis of similar positions in the external market. Actual base pay could vary and may be above or below the listed range based on factors including but not limited to performance, proficiency and demonstration of competencies required for the role. The base pay is just one component of The Hartford’s total compensation package for employees. Other rewards may include short-term or annual bonuses, long-term incentives, and on-the-spot recognition. The annualized base pay range for this role is:

$66,000 - $99,000

Equal Opportunity Employer/Sex/Race/Color/Veterans/Disability/Sexual Orientation/Gender Identity or Expression/Religion/Age

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