Intermediate Accountant - Reinsurance
About the job
- A bachelor's degree or equivalent experience in an Accounting or Finance-related discipline is required.
- PC literacy and knowledge of technological tools are required, including the ability to support data-mining exercises and spreadsheet automation.
- An understanding of reinsurance administration, or the ability to comprehend it, is required.
- Strong organizational skills and a high level of attention to detail are required.
- The candidate must demonstrate persistence and the ability to deliver results under pressure.
- The candidate must have interpersonal, verbal communication, and proofreading skills.
- Proficiency in Microsoft Office is required.
- The candidate must be a flexible self-starter who can prioritize tasks, follow through, and meet deadlines.
- The candidate must be able to work independently with minimal supervision.
- The candidate must be able to type and perform data entry, read from a computer screen and paper reports, and communicate verbally.
- Record transactions accurately and on time, and prepare or review reconciliations, financial statements, and management reports.
- Prepare reinsurance accounting and reporting, including reviewing reinsurance billings and premium trends, preparing periodic settlement reports, and distributing reporting packages to external reinsurers.
- Prepare journal entries, post them to accounting systems, and research and clear suspense items in a timely manner.
- Prepare monthly direct and ceded claims reconciliations from third-party administrators to the general ledger and data warehouse.
- Assist Claims and Actuarial teams quarterly in determining outstanding accruals and coordinating the release of reserves.
- Perform data queries on claims, premium, and expense data.
- Review exception reports and suspense details as part of the work.
- Assist with developing commentary and explanations for management's quarterly reporting package and other internal and external requests.
- Adhere to the company's internal controls framework.
- Prepare year-end regulatory schedules, including Schedule S, EX1, EX8, Schedule T, and other supplemental reinsurance schedules.
- Prepare settlement statements and follow up with external clients to resolve issues.
- Assist with client inquiries, client audits, internal and external audits, and ad hoc requests.
- Work occasional evening and weekend hours to meet deadlines, and travel occasionally.
- Knowledge of TAI is desirable.
About the company
Kuvare provides strategic support and resources to insurance companies, focusing on the insurance and reinsurance markets. It partners with insurers to offer differentiated reinsurance services and solutions, combining distribution, financing, and asset management to unlock growth on established platforms. Backed by world-class investors with patient capital, Kuvare can invest for the long term. It serves middle-market consumers through distinctive life insurance and supplemental product platforms. Revenue comes from strategic partnerships and reinsurance services that help clients manage risk and improve financial performance. The company's goal is to enable sustainable growth for its partners and clients by providing capital, expertise, and differentiated risk solutions.
Company Size
201-500
Company Stage
Growth Equity (Non-Venture Capital)
Total Funding
$250M
Headquarters
Rosemont, Illinois
Founded
2015
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Simplify's Take
What believers are saying
- April 2026 Guidepath launch proves Kuvare can ship products quickly.
- July 2026 Zinnia expansion modernizes policy administration and advisor experiences.
- Nearly $50 billion assets and $19 billion managed by KIS support scale.
What critics are saying
- Reuters on May 6, 2026 showed regulators scrutinizing Kuvare's private credit exposure.
- Blue Owl clarification on February 24, 2026 signals persistent confusion around ownership and assets.
- Regulatory limits in 2026 can force a runoff, killing new premium growth.
What makes Kuvare unique
- Kuvare combines insurance, reinsurance, and asset management across controlled carriers.
- Blue Owl manages carrier assets, preserving Kuvare's investment flexibility without ownership dilution.
- Zinnia's Zahara deployment accelerates product launches faster than legacy insurers.
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Benefits
- Remote Work Options
- Hybrid Work Options