Reinsurance Accounting Analyst Job Description Sample


Reinsurance Accounting Analyst job description, including duties, tasks, and responsibilities

Reinsurance Accounting Analysts perform prompt and precise recording of customers’ premiums into a company’s reinsurance accounting systems. Image source: annual-report.hannover-re.com

Reinsurance Accounting Analyst Job Description Sample

The individual for the position of a reinsurance accounting analyst is in charge of prompt and precise recording of customers’ premiums, as well as loss affiliated facts into a company’s reinsurance accounting systems.

This post considers harmonization and research of all accounting issues in relation to customer service, as well as rendering of unsettled accounts.

The job description of the holder of this position will ensure prompt reporting and precise management of all client account statements, handling of reinstatements, premium modifications in line with contract terms and organizational procedures.

He/ she will properly identify and act on workflow promptly so as to be filed.

Reinsurance accounting analysts take part in reinsurance organization audits alongside internal auditors and also external reinsurance organizations and self reliant auditors.

Their role also entails offering sequential overview, collecting data and offering information as demanded.

They will also be required to carry out detailed policy stage audits as appropriate in responding to inquires and questions.

These accounting analysts are also responsible for carrying out precise and timely application of expenditure and cash receipts and guaranteeing settlement of cash inconsistencies through communication and research with the accounting departments, as well as internal or external customers.

This job will include evaluation of accounts receivable or unresolved cash to guarantee prompt and precise utilization of cash, and to oversee and collect unsettled balances due, in accordance with terms of contract and internal collection procedures, including preparation of client account invoices.

Sample Job Description for the Reinsurance Accounting Analyst Position

Below is a job description sample for the position of reinsurance accounting analyst, consisting of important duties, tasks, and responsibilities holders of the position are usually required to perform.

The job description can also be useful in making a good resume for seeking a vacant accounting analyst reinsurance job.

  • Render assistance in handling cash flow by properly notifying the treasury department of all complex receipts and expenditures and manage disbursements to involve verification of all customer requests for remittance and to guarantee agreement with contract specifications
  • Organize monthly or quarterly record entries applicable to reinsurance
  • Render assistance with monthly and quarterly corporate culmination process to guarantee compliance with global reporting prerequisites
  • Reassess and organize seriously intricate domestic and international insurance and unexplained treaty accounts
  • Offer assistance in evaluating financial interpretations every month and every quarter
  • Organize and develop excellent working knowledge of reporting and processing systems and handle and maintain outstanding communication
  • Keeping in touch with issues or complications as they occur
  • Offer assistance on distinctive projects or other activities as designated by management
  • Discovers and gives reports on observations to the management as necessary
  • Joins forces with both external vendors and clients to find resolution to and prohibit issues
  • Equates monthly cash statement to validate that amounts are booked accurately for all levels of the business
  • Reevaluates profit commissions accounts and modify retrospective benefits
  • Carry out calculations of unresolved premium and audit relative treaty offers following treaty conditions.

Requirements – Knowledge, Skills and Abilities for the position of a Reinsurance Accounting Analyst

Highlighted below are some of the skills and prerequisites for becoming a successful reinsurance accounting analyst

  • An associate or college degree in finance, accounting, insurance or other affiliated field with at least a year’s’ experience in handling cash or insurance policies
  • Unique interpersonal aptitude with written and verbal communication association and teamwork skills
  • Impressive technical, analytical, mathematical and accounting aptitude in addition to excellent writing skills
  • Commendable experience in utilization of Microsoft office products like Word, Excel etc.


Posted on August 25, 2014

Sample Manager Technical Accounting and Reporting Job Description


Manager Technical Accounting and Reporting job description, including duties, tasks, and responsibilities

The Manager Technical Accounting and Reporting offers assistance on complex accounting matters, including income taxes, revenue recognition and acquisition accounting.

Sample Manager Technical Accounting and Reporting Job Description

The manager technical accounting and reporting is a staff whose role in an organization includes offering assistance on intricate accounting matters for the current and existing accounting standards, prominently in income taxes, revenue recognition and acquisition accounting.

He/she takes active part in implementation and unification functions such as in acquisition accounting, fair value, appraisal and affiliated techniques.

The job description for this position entails functioning with foreign and external auditors, and advisors, as well as business personnel.

The individual on this job will offer assistance in omissions during yearly audit and evaluations performed quarterly, to guarantee prompt completion.

The individual working as a technical accounting and reporting manager will be responsible for functioning in operations related to quality review, research development, preparation and circulation of information for incorporated ledgers and accounting affiliated with important business areas.

He/she will assist in the quarterly closure for the organization’s SEC filings and function with management to assess balances and transactional operations to guarantee they are recorded or stated in the monetary records according to conventionally recognized accounting principles and in line with reporting prerequisites.

The duties here will also involve offering precise and up to date accounts of existing performance according to organization procedures.

The manager carries out specialized project work and assessment as orchestrated by finance management.

He/she will transmit results as necessary while connecting with clients to enhance the development of diverse project works.

Sample Job Description for the Manager Technical Accounting and Reporting Position

The job description sample below shows a list of duties, tasks, and responsibilities that an individual in the position of manager technical accounting and reporting would be expected to carry out:

  • Performing with diverse parties including external reporting, corporate controller and others in guaranteeing all applicable accounting matters and intricate operations are identified, settled and documented
  • Gives support to company-wide educational work on monetary and accounting related matters, including current accounting principles or new corporate procedures
  • Convey fresh ideas and innovations of accounting utmost practices and latest business trends
  • Organize and give support to other initiatives as demanded with accounting inferences
  • Decide and suggest fundamental accounting framework and controls required for initiatives
  • Render assistance in organizing specialized projects such as internal DPSG audits as well as external audits
  • Participates in discussing generally approved accounting theories and other company’s monetary policies.

The above technical accounting and reporting manager’s job description can also be used in writing a resume for the position.

Requirements – Knowledge, Skills and Abilities for the position of Manager Technical Accounting and Reporting

The skills and prerequisites necessary to be able to perform the obligations of a manager technical accounting and reporting with utmost effectiveness will include but are not limited to the following:

  • An Undergraduate degree from an accredited college in courses like finance or accounting with a functioning CPA license
  • A minimum of eight years workable experience with six of the years functioning actively in a reputable accounting corporation as a senior manager
  • Commendable written and oral presentation and interaction skills
  • Must be confident, be a self starter, often at peace, working self reliantly and as an instructor of a cross functional unit
  • Excellent technical accounting aptitude in addition to skills in constructively unifying accounting principles with real life organizational goals
  • Professional competence in developing and executing procedures and regulations that will adhere to company guidelines.


Posted on August 25, 2014

Director Technical Accounting Group Job Description Sample


Director Technical Accounting Group job description, including duties, tasks, and responsibilities

The Director Technical Accounting Group heads an organization’s global technical accounting unit. Image source: huntingtonadvisory.com

Director Technical Accounting Group Job Description Sample

The individual occupying the post of a director technical accounting group will have the role of heading the organization’s global technical accounting unit.

His/her job description will entail collaborating with the organization’s international market representatives at the subsidiary level and guaranteeing suitable application and execution of procedures and processes required to comply with current accounting pronouncements.

Furthermore, this position will be responsible for managing the requirements of the external auditors and encourages prompt resolution of audit problems.

The ideal applicant for this post is in charge of supervising monetary reporting and general accounting tasks and financial services sector.

He/she will be accountable for maintaining and executing systems of internal management that will guarantee that company assets are sufficiently safeguarded and that all financial statements are prepared in conformity with policies relating to finances.

The director of technical accounting group is also responsible for guaranteeing that uncertainty is balanced with business goals and that targets are attained.

He/she will ensure that only validated claims with the appropriate management authorization are remunerated.

He/she will also be responsible for guaranteeing that procedures relating to internal control and policies are in line to offer logical affirmation that the company assets are safeguarded.

Job Description Sample for the Position of Director Technical Accounting Group

The duties, tasks, and responsibilities of a director technical accounting group are given in the sample job description for the post below:

  • Carrying out research on intricate accounting matters to attain external reporting prerequisites including execution of newly updated accounting policies and intricate transactions
  • Work with market accounting units to discover and find solution to peculiar accounting matters
  • Organize and maintain conventional formal interactions with the marketing accounting units
  • Head the development of the organization’s accounting policies and offer or coordinate training for market and control teams
  • Organize external audit procedure affiliated with resolution of critical accounting issues
  • Head the execution of the approval of fresh accounting principles, including projects on recognition of leases and revenue
  • Collaborate with market agents to supervise the adaptation of local legislative financial statements
  • Organize with markets to guarantee the prompt resolution of accounting disputes so as to attain the organization’s reporting time limits
  • Work with the organization’s reporting group to render assistance with organizing and evaluating filings and help with the preparation and research of feedback to letters, inquires and comments
  • Evaluate set down accounting policy memo
  • Reassess accounting procedures for specialized transactions and features actualized at reporting and corporate work station for suitability
  • Execute accounting guidelines and guidance at reporting and corporate units
  • Guarantee all accounting questions are resolved in a prompt way and are suitably recorded and communicated
  • Supervises general accounting responsibilities which involves intercompany accounting, harmonization, financial documentation and management of balance sheets and royalty
  • Works as the local support for all inquiries with regards to software utilization, methodology and training.

An effective resume can also be prepared for the post of director of technical accounting group using the job description sample above.

Requirements – Knowledge, Skills and Abilities for the position of Director Technical Accounting Group

The attributes, requirements and qualifications that will suit the job description of a director technical accounting group are outlined below:

  • Completed a four year degree program in accounting or other similar financial fields
  • Possess advanced knowledge and expertise in technical accounting and evaluation skills
  • Excellent aptitude in both writing and verbal communication in English
  • Proficiency in leading teams and organizing global conformity and reporting efforts
  • A broad knowledge on working with technical accounting matters and being skillful in offering analytical solutions to these matters.


Posted on August 23, 2014