- 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
- Prepares financial foot note information for SEC, GAAP, and statutory reporting
- Communicates to management on recognized trends of issues/concerns.
- 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
- Communicates with third party reinsurers on identified discrepancies and resolves in a collaborative and timely fashion.
- Promotes and enhances organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives within assigned area(s) of responsibility.
- Conducts and/or participates in accounting projects
- Provides accurate and timely reinsurance treaty administration which includes cash settlements and analyzing and validating data.
- 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.
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Specialist, Reinsurance Accounting - Boise, United States - Idaho State Job Bank
Description
Specialist, Reinsurance Accounting at Lincoln Financial Group in Boise, Idaho,United States Job Description Alternate Locations:
Work from
Home Work Arrangement:
Remote : Work at home employee residing outside of a commutable distance to an office location
Relocation assistance:
is not available for this opportunity
Requisition #:
72532 Core Information Job Title : Specialist, Reinsurance Accounting ;Job Code : Specialist, Reinsurance Accounting (AC00P201);Job Family : Accounting;Created By : LFG LFG;Mgr Approval Info : ; Function : Accounting;FLSA Status : Exempt;Job Level : P2; The Role at a Glance As a Reinsurance Accounting Specialist, you will perform and deliver on routine assignments/projects while simultaneously leveraging and applying knowledge of your assigned area(s) of Reinsurance Accounting responsibility.
In this position you 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.
What you'll be doing