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Senior Reinsurance Accountant

Senior Reinsurance Accountant

UPLAND CAPITAL GROUP INCDallas, TX, United States
22 hours ago
Job type
  • Full-time
Job description

Upland Capital Group, Inc. is an AM Best rated “A-” VIII specialty property / casualty insurer headquartered in Dallas, Texas. Through its wholly owned insurance carrier, Upland Specialty Insurance Company, the company markets, underwrites and services specialty insurance products in select markets to include excess transportation, construction casualty, excess casualty, primary general liability, excess public entity, professional liability errors and omissions as well as excess cyber liability.

We focus on “old school” underwriting as a craft, add “new school” analytics and technology, and encourage a gritty, growth mindset among people called “we entrepreneurs.”

As an Excess and Surplus (E&S) carrier, we face unique and interesting problems every day. We are seeking a Cloud Support Engineer to join our amazing team.

Primary Function :

We are looking for a Senior Reinsurance Accountant to join a specialty insurance company built on experience.  The Senior Reinsurance Accountant is responsible for executing accounting functions related to assumed and ceded reinsurance activities.  This position will be responsible for a variety of complex reinsurance accounting practices to include preparation of journal entries, reconciliation, research and month-end close.  As a Senior Reinsurance Reporting Accountant, the expectation is that the job will be performed with a high level of independence regarding day-to-day activities.  This position will also assist in the handling of multiple tasks simultaneously, adhering to timelines and communicating clearly and effectively both orally and written.

Duties and Responsibilities :

  • Enter and reconcile Facultative certificates into Reinsurance Pro software
  • Book monthly journal entries to record assumed and ceded reinsurance activity in the general ledger
  • Support audits
  • Identify and implement enhancements to reinsurance accounting workflows
  • Interact and collaborate with other departments on a regular basis

Other Essential Duties include but not limited :

  • Preparation of the reinsurance to GL reconciliations
  • Preparation of monthly bordereaux reports and cash calls
  • Preparation of quarterly and annual statutory statements including footnotes and supporting documents for reinsurance related activity
  • Monitor letters of credit and trust accounts to assure appropriate coverage is in place
  • Assist and provide documents related to financial audits and regulatory exams
  • Maintain procedures for assigned tasks and update periodically as controls are implemented
  • Perform other duties as assigned
  • Experience, Education, Special Skills Required :

  • Bachelor’s Degree in accounting or equivalent
  • Minimum 3+ years of reinsurance accounting experience – preferably with a property and casualty insurance company
  • Knowledge of various forms of reinsurance, contracts, and complex calculations
  • Proficiency in Sapiens Reinsurance Pro software or equivalent
  • Proficiency in Microsoft Excel, Word, and PowerPoint
  • Working knowledge of a major general ledger system
  • Strong analytical skills with attention to detail
  • Takes initiative, self-directed, and able to work independently
  • Ability to multitask and adapt quickly to high priority assignments
  • Excellent written and oral communication skills
  • Proficient at prioritizing and managing multiple assignments and deadlines
  • Exceptional organizational skills
  • Disclosures :

    Pay Estimate : $ 100,000 - $125,000 / year

    Other compensation : annual incentive program

    Benefits : health insurance including FSA and HSA options and free access to Teladoc, vision, dental, disability and life insurance, parental leave, responsible time off (unlimited vacation days without an accrual system), paid sick time as required by law, 401(k), tuition reimbursement and employee assistance program.

    Anticipated close date : 11 / 14 / 2025

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    Senior Accountant • Dallas, TX, United States

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