Main Street Financial Services
Main Street Financial Services provides wealth strategies, consulting, and financial services.
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Reinsurance Accountant (HYBRID or REMOTE)
at Main Street Financial Services
About the Role
At Equitable, we help clients secure their financial well-being so they can pursue long and fulfilling lives- a mission we’ve honed since 1859.
Equitable is looking for a Reinsurance Accountant who is an expert in analysis for complex reinsurance initiatives including impact analysis, current and future state process flows and expertise on assumed and ceded reinsurance strategies and functions, implementation and testing.
What You’ll Be Doing
- Daily reinsurance accounting activities, including transaction recording, reconciliation, and ledger maintenance.
- Interpret and operationalize complex reinsurance contracts in accordance with applicable accounting standards.
- Establish and uphold internal policies and procedures for reinsurance financial operations.
- Ensure timely issuance of billing statements and collections from reinsurers.
- Identify trends and variances through financial data review; advise leadership on potential improvements.
- Perform routine account reconciliations and resolve discrepancies effectively.
- Maintain strict adherence to accounting standards, regulatory requirements, and internal control procedures.
- Prepare for internal and external audits, providing all necessary documentation and insights.
- Knowledge of contract provisions, reinsurance concepts and principles and general business trends.
- Use business process design tools, including process maps and flow charts, to clarify reinsurance problems, goals and requirements to various Reinsurance stakeholders.
- Provide extensive subject matter expertise to support our enterprise strategy for reinsurance data.
- Supports an agile project management framework to prioritize and pace projects with a cross-functional team.
- Monitor client accounts / statistics by using internal reports, perform data analysis and support Stakeholders with reports and statistics.
- Financial Reporting US GAAP/ US STAT/ Bermuda STAT, Schedule S, etc.).
- Monitor client accounts / statistics by using internal reports, perform data analysis and support Stakeholders with reports and statistics.
This position offers a flexible work schedule: it may be fully remote or hybrid. If you are located near one of our offices (e.g., Charlotte, NC; New York, NY; Syracuse, NY), a hybrid schedule with 2–3 days on-site per week is expected to foster collaboration and connection.
The base salary range for this position is $80,000-$125,000. Actual base salaries vary based on skills, experience, and geographical location. In addition to base pay, Equitable provides compensation to reward performance with base salary increases, spot bonuses, and short-term incentive compensation opportunities. Eligibility for these programs depends on level and functional area of responsibility.
For eligible employees, Equitable provides a full range of benefits. This includes medical, dental, vision, a 401(k) plan, and paid time off. For detailed descriptions of these benefits, please reference the link below.
Equitable Pay and Benefits: Equitable Total Rewards Program