Senior Accountant, Reinsurance

Please note that we do not offer visa sponsorship for this position.

Position Summary

This is an exciting opportunity to continue your Accounting Career at one of the fasted growing life insurance companies in the country.   National Life Group currently has an opening for a Reinsurance Senior Accountant.  This senior-level position is designed for an accounting professional with significant experience in reinsurance accounting. The ideal candidate will be motivated by opportunities to enhance, refine, and create processes. As an essential member of a developing reinsurance team, this role will be responsible for supporting both newly established and ongoing reinsurance arrangements as the company grows and adapts. While the main focus will be on reinsurance accounting, the individual will work closely with the broader insurance accounting team to ensure processes are aligned, consistent, and equipped with robust internal controls throughout the organization. Responsibilities will include reviewing and analyzing accounting outcomes, ensuring that transactions are properly recorded. The role will also involve preparing and entering journal entries for complex ledger accounts, which may require developing and designing computerized entry processes.

Key Responsibilities

• Prepare, review, and reconcile periodic reinsurance settlement statements.
• Carry out monthly and/or quarterly ledger close procedures, including preparing reinsurance journal entries, reconciliations, and analyses.
• Validate data from both internal systems and external reinsurers, investigating any discrepancies that arise.
• Maintain records that are accurate, thorough, and well-documented to support settlements, underlying assumptions, and reconciliations.
• Identify and pursue opportunities to improve processes, focusing on standardization and automation where possible.
• Review and provide support for the implementation or updating of new and existing reinsurance agreements.
• Work collaboratively with reinsurers to foster effective relationship management.
• Support audits, regulatory reporting, and respond to other ad hoc requests as necessary.
• Collaborate across functions with teams such as Financial Reporting, Risk Management, Legal, Internal Audit, Pricing, Product, IT, Operations, and Investments.
• Identify, evaluate, and leverage emerging technologies, including generative AI and automation solutions and workflow tools, to drive measurable improvements in reporting efficiency, control effectiveness, and scalability.

Requirements

• Bachelor’s degree in Accounting 
• Three to five years of accounting experience within the insurance industry required
• Strong grasp of accounting principles, especially regarding internal controls.
• Advanced skills in Excel.
• Demonstrated analytical, problem-solving, and reconciliation abilities.
• Keen attention to detail and the capacity to meet deadlines in a dynamic work setting.
• Effective written and verbal communication skills.
• Capability to work independently as well as collaborate across teams.
• Proven ability to develop strong working relationships and operate with a partnership-focused approach.

Preferred Skills

• CPA
• Public Accounting experience

 

AI Proficiency Expectations

At National Life Group, we view AI as an enabler of human potential. We use AI to help us work smarter, serve more clients, and keep our promises, while remaining a relationship-driven business where our people are our greatest strength.

All applicants are expected to:

• Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
• Stay curious and open to new AI-enabled ways of working.
• Exercise sound judgment by reviewing and validating AI-generated content.
• Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life’s AI guiding principles.
• Use AI responsibly and in accordance with company policies related to confidentiality, data privacy, security, compliance, retention and intellectual property.

Benefits

• Your benefits start day one and are flexible and customizable to your and your family’s specific needs. Check out the BENEFITS of a Career at National Life!