Position Summary

The Sr. Reinsurance Technical Accountant will be part of the Reinsurance Operations team, overseeing the post bind reinsurance accounting activity on treaty reinsurance as well as assisting on cessions to Geneva Re and direct program insurance business flowing through Ryan Re. The position reports to the Head of Reinsurance Operations and Claims.

What will your job entail?

Position Title: Sr. Reinsurance Technical Accountant

FLSA:  Non-Exempt                              

Position Summary:

The Sr. Reinsurance Technical Accountant will be part of the Reinsurance Operations team, overseeing the post bind reinsurance accounting activity on treaty reinsurance as well as assisting on cessions to Geneva Re and direct program insurance business flowing through Ryan Re. The position reports to the Head of Reinsurance Operations and Claims.

Responsibilities

• Manage the receipt, review, booking and reporting on reinsurance treaty bordereau statements and premium accounts.
• Accurately capture cessions on proportional business and pro-actively monitor account performance for communication to underwriters and manager.
• Assist in the review of newly bound treaties in our systems to ensure accurate accounting/risk conditions of treaties are captured correctly and reflected in our accounting workbooks.
• Partner with the RSG Finance department in monitoring and tracking invoices and receipt/disbursements of cash to Ryan Re/Nationwide Mutual and Geneva Re.
• Assist in the peer review of monthly accounting reports.
• Create and refine processes and procedures for review/sign off of premium estimates to actuals with our Underwriting and Operations teams on assumed reinsurance business.
• Ability to provide input and support to Ryan Re as we build our reinsurance systems and processes.

Education/ Experience/ Skills:

• Bachelor’s degree or equivalent combination of education and experience.
• Minimum of 15 years reinsurance technical accounting experience.
• Technologically savvy and data driven.
• Ability to work in a fast-paced environment.
• Attention to detail
• Ability to work in a highly automated, paperless environment, including specialized software packages.
• Basic computer skills including MS Office Suite. Ability to communicate orally and in writing with others to explain complex issues, receive and interpret complex information, and respond appropriately.
• Ability to understand written and oral communication, and interpret abstract information.
• The individual will be required to proactively manage their time and workload to meet tight deadlines around month/quarter close periods in supporting the Reinsurance Operations team. The position may develop to have some direct report and oversight responsibilities as the Reinsurance Operations team grows.

Ryan Specialty is an Equal Opportunity Employer. We are committed to building and sustaining a diverse workforce throughout the organization. Our vision is an inclusive and equitable workplace where all employees are valued for and evaluated on their performance and contributions. Differences in race, creed, color, religious beliefs, physical or mental capabilities, gender identity or expression, sexual orientation, and many other characteristics bring together varied perspectives and add value to the service we provide our clients, trading partners, and communities. This policy extends to all aspects of our employment practices, including but not limited to, recruiting, hiring, discipline, firing, promoting, transferring, compensation, benefits, training, leaves of absence, and other terms, conditions, and benefits of employment.

How We Support Our Teammates

Ryan Specialty seeks to offer our employees a comprehensive and best-in-class benefits package that helps them — and their family members — achieve their physical, financial, and emotional well-being goals. In addition to paid time off for company holidays, vacation, sick and personal days, Ryan offers paid parental leave, mental health services and more.

The target salary range for this position is $96,000.00 - $120,000.00 annually.

The wage range for this role considers many factors, such as training, transferable skills, work experience, licensure and certification, business needs, and market demands. The pay range is subject to change and may be modified in the future. Full-time roles are eligible for bonuses and benefits. For additional information on Ryan Specialty Total Rewards, visit our website https://benefits.ryansg.com/.

We provide individuals with disabilities reasonable accommodations to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment in accordance with applicable law. Please contact us to request an accommodation at [email protected]

The above is intended to describe this job’s general requirements. It is not to be construed as an exhaustive statement of duties, responsibilities, or physical requirements. Nothing in this job description restricts management’s right to assign or reassign duties and responsibilities to this job at any time. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions.