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Emergent Holdings Reinsurance Accountant/Senior Reinsurance Accounta in Lansing, Michigan

Job Title: Reinsurance Accountant/Senior Reinsurance AccountantResponsible for the preparation of monthly reinsurance reporting, bordereau reconciliation, captive reports, special reports and analysis as they apply to our AF Specialty (AFS) fronting arrangements. Routinely coordinates and communicates with Executives of the Company, reinsurance brokers, Actuarial, Corporate claims, Office of General Counsel and others as appropriate. Reconciles complex general ledger accounts by comparing balances to supporting detail, analyzing differences and proposing correcting entries when necessary. This position also supports budget and forecast development, variance analysis, taxation issues, reinsurance calculations, banking and cash management, and monitors cash flow and liquidity.RESPONSIBILITIES/TASKS:Reinsurance Accountant:* Prepares general ledger entries for reinsurance and fronting arrangements, including both the direct and ceded sides of fronting arrangements, in accordance with both generally accepted accounting principles (GAAP) and statutory accounting principles (SAP).* Prepares monthly and quarterly reinsurance reports and invoices for all subsidiaries for reporting to and requesting reimbursement from reinsurers.* Perform risk assessment and provide reasonable assurance on fronting report data, including the reconciliation for completeness and accuracy of the external bordereau submissions.* Assist in the preparation of statutory Schedule F (primary reinsurance report within statutory annual statement), and other annual and quarterly reinsurance disclosures for both the GAAP and SAP financial statements.* Prepares complex month end journal entries, analyze account activity, reconcile general ledger accounts, and propose correcting entri es when necessary.* Reviews standard daily and month end journal entries.* Performs financial analysis and prepares special reports upon request.* Participates in both external and internal audits of financial, tax and regulatory financial reports and filings, providing detail schedules and support as requested.* Routinely coordinate and communicate with Executives of the Company, accounting and other staff at the Parent, various state regulators, and third-party business partners.* Supports system installations, conversions and upgrades, including report design, development and testing.* Maintains confidentiality of information processed.* Works with minimum supervision.Additional Responsibilities for Senior Reinsurance Accountant:* Implement and standardize audit procedures and guidelines for fronting report data reconciliation.* Monitors new financial reporting and regulatory requirements, including interpretations of GAAP/SAP guidance and application within the Enterprise financial reporting, especially those pertaining to reinsurance accounting.* Reviews complex, standard and routine daily and month end journal entries.* Performs advanced financial analysis and prepares special reports upon request.* Facilitates and supports both external and internal audits of financial, reinsurance and regulatory financial reports and filings providing detail schedules and support as required.* Provides guidance, training and direction to coworkers.This position description identifies the responsibilities and tasks typically associated with the performance of the position. Other relevant essential functions may be required.SKILLS/KNOWLEDGE/ABILITIES (SKA) REQUIRED:* Knowledge of, and the ability to accurately apply, statutory and generally accepted accounting principles and practices.g

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