Full-Time

Senior Reinsurance Analyst

Posted on 8/2/2024

Argo Group

Argo Group

1,001-5,000 employees

Specialized insurance solutions for unique risks

Social Impact
Financial Services

Senior, Expert

San Antonio, TX, USA

Category
Financial Accounting
Management Accounting
Accounting
Required Skills
Excel/Numbers/Sheets
Requirements
  • Bachelor’s degree in accounting or finance from a four-year college or university
  • Clear knowledge and proven abilities in Reinsurance account processing and a minimum of 5+ years of accounting experience, preferably reinsurance accounting in a property/casualty insurance environment
  • Ability to accurately research and follow through on complex problem-solving items, as well as initiate resolutions at multiple levels within the organization.
  • Excellent analytical, problem-solving, and verbal/written communication skills
  • Strong organizational skills with the ability to manage, prioritize and effectively meet deadlines for multiple assignments simultaneously.
  • Strong teamwork skills and display professional demeanor encompassing company’s vision and values.
  • Remain flexible in a fast-paced environment and possess a customer focused attitude.
  • Proficient PC skills, particularly in Excel, Access and Word. Skills in accounting and reinsurance software preferred.
Responsibilities
  • Ensure accurate and timely compilation of accounting information, analysis and reporting in accordance with Generally Accepted Accounting Principles (GAAP).
  • Timely reporting and analysis of reinsurance accounts to intermediaries and reinsurers.
  • Serve as the main point of contact with intermediaries and reinsurers on claim reporting, reinsurance coverage questions, and collection items.
  • Complete monthly journal entries and reconciliations of ceded premium, claims and reserves ensuring all discrepancies are promptly resolved.
  • Prepare reporting schedules for quarter and year end supplemental reporting to the financial statements.
  • Drive process improvements and automation efforts to enhance efficiency and accuracy.
  • Assist as the accounting liaison for US reinsurance communications with Reinsurance Operations counterparts in the organization.
  • Assist with internal and external audit requests.
  • Ensure compliance with Sarbanes-Oxley internal control requirements.

Argo Group operates in the specialty insurance market, providing customized insurance solutions for businesses and individuals facing unique or complex risks. The company focuses on industries with higher risk profiles, such as construction, marine, and energy, allowing it to offer expert risk assessment and management services. Argo generates revenue through premiums paid by policyholders, which are then invested to create additional income. This approach, combined with effective claims management, helps maintain profitability. Unlike many competitors, Argo emphasizes corporate responsibility and community engagement, participating in initiatives related to diversity, environmental sustainability, and disaster relief. The company's goal is to foster long-term relationships with clients while promoting an inclusive workplace that supports personal and professional growth.

Company Stage

IPO

Total Funding

$17.9M

Headquarters

Pembroke, Bermuda

Founded

1996

Simplify Jobs

Simplify's Take

What believers are saying

  • Increased demand for digital insurance platforms aligns with Argo Interactive's mobile services.
  • The rise of parametric insurance products offers expansion opportunities in niche markets.
  • AI integration in underwriting improves risk assessment, benefiting Argo's specialty services.

What critics are saying

  • Leadership changes may lead to strategic instability post-Brookfield acquisition.
  • Talent drain, such as departures to competitors, could impact Argo's operations.
  • Brookfield's acquisition may shift company priorities and lead to restructuring.

What makes Argo Group unique

  • Argo specializes in niche markets with unique risk profiles like construction and marine.
  • The company offers tailored insurance solutions not typically covered by standard policies.
  • Argo's commitment to corporate responsibility enhances its reputation and client relationships.

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Benefits

Health Insurance

Dental Insurance

Vision Insurance

Life Insurance

Disability Insurance

401(k) Company Match

Unlimited Paid Time Off

Flexible Work Hours

Paid Vacation

Paid Sick Leave

Paid Holidays

Paid Caregiver Leave

Paid Parental Leave

Paid Bereavement Leave

Military Leave

Employee Assistance Program (EAP)

Wellness Program

Employee Referral Bonus

INACTIVE