Friday , January 15 2021

Sr. Accountant, Reinsurance Accounting – Jobs at Lincoln Financial

Lincoln Financial Group

Job Description:

This position will perform and deliver on routine assignments/projects while simultaneously leveraging and applying knowledge of his/her assigned area(s) of Reinsurance Accounting responsibility. S/he will prepare, record, analyze and report reinsurance accounting transactions and ensures the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles.

Job Responsibilities:

  • Communicates to management on recognized trends of issues/concerns.
  • Communicates with third party reinsurers on identified discrepancies and resolves in a collaborative and timely fashion.
  • Conducts and/or participates in accounting projects
  • Conducts quality assurance checks on his/her journal entries and post to General Ledger Accounts.
  • Determines classifications and records financial transactions applying accounting technique, standard practices and accepted accounting policies and principles.
  • Ensures the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles, and compliance with internal controls and SOX.
  • Identifies, researches and resolves discrepancies or out of balance situations amongst assigned General Ledger Accounts.
  • Performs reinsurance accounting activities, including preparing, classifying, recording, maintaining, and reconciling the General Ledger accounts, sub-ledgers and subsystems in compliance with accepted accounting policies and principles

Job Requirements:

  • Prepares financial foot note information for SEC, GAAP and statutory reporting
  • Prepares, records, analyzes and reports reinsurance accounting transactions and ensures the integrity of accounting records for completeness, accuracy and compliance with accepted accounting policies and principles
  • Provides accurate and timely reinsurance treaty administration which includes cash settlements and analyzing and validating data.
  • Researches and provides accounting impacts on new and existing reinsurance structures/transaction.

Qualification & Experience:

  • 4 Year/Bachelor’s degree or equivalent work experience (4 years of experience in lieu of Bachelor’s) (Minimum Required)
  • 1 – 3+ Years of experience in Accounting that directly aligns with the specific responsibilities for this position (Required)

Job Details:

Company: Lincoln Financial Group

Vacancy Type:  Full Time

Job Location: Fort Wayne, IN, US

Application Deadline: N/A

Apply Here

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