Senior Accountant

Summary

Join Coalition Inc. as a Senior Accountant - Insurance and contribute to the company's insurance/reinsurance accounting functions. Work on direct, assumed, and ceded insurance accounting operations, analyzing and processing insurance/reinsurance accounts. Collaborate with internal and external teams to ensure proper contract establishment and recording. Contribute to monthly, quarterly, and annual closing processes, reconcile reinsurance cession statements, and oversee tracking of past-due balances. Review premium and loss bordereaux, improve department processes, and process monthly investment journal entries. Assist with statutory financial statements, regulatory requests, claim payments, and ad-hoc projects. This role requires 3-5 years of general insurance accounting experience and advanced proficiency in Microsoft Excel and Google Sheets.

Requirements

• 3-5 years of general insurance accounting experience
• Advanced proficiency in Microsoft Excel and Google sheets and docs
• Strong ability to manipulate, analyze, and manage large amounts of data. Knowledge of tools, techniques, and processes for gathering and reporting data; ability to summarize information into respective reinsurance settlements
• Results oriented with ability to work independently as part of a remote team

Responsibilities

• Work on all direct, assumed, and ceded insurance accounting operations
• Analyze and process new and existing insurance / reinsurance accounts
• Work closely with internal and external teams to ensure contracts are properly established, recorded and all areas of reinsurance accounting are being performed
• Work with the Technical Accounting team on analysis of complex reinsurance contracts, and determine proper accounting treatment. Directly responsible for the related journal entry inputs
• Contribute to monthly, quarterly, and annual closing processes
• Responsible for reconciling and preparing reinsurance cession statements using supporting documentation
• Oversee tracking and following-up on past due balances
• Review premium and loss bordereaux to ensure compliance with contract terms and to identify potential issues
• Collaborate closely with accounting team members, actuarial team, and underwriting departments on various projects and activities
• Assist with improving and streamlining department processes and procedures to increase accuracy and efficiency
• Process and reconcile monthly investments journal entries and produce various investment schedules
• Assist in preparation of Statutory financial statements, regulatory requests and various data calls
• Process claim payments and ensure timely and accurate payments
• Assist with ad-hoc projects, reporting requests, financial statement audits, and testing

Preferred Qualifications

• Previous experience in a high-growth technology company preferred, ideally insure-tech
• CPA license preferred
• Familiarity with insurance accounting software systems (eg claims processing), multi-book or adj book accounting, ASC 944 revenue, & Netsuite ERP (nice to have)

Benefits

• 100% medical, dental and vision coverage
• Flexible PTO policy
• Annual home office stipend and WeWork access
• Mental & physical health wellness programs (One Medical, Headspace, Wellhub, and more)!
• Competitive compensation and opportunity for advancement