Assistant Accounting Manager - Military Veterans
at Combined Insurance
The Assistant Manager role on the reinsurance team requires extensive knowledge of reinsurance accounting, contracts, and procedures. The candidate will use this knowledge to unravel complex reinsurance issues by identifying the technical issues and completing detailed reconciliations that provide a resolution.
Responsibilities:
- Prepare, disburse, and settle monthly/quarterly accounts in accordance with the contract agreements
- Review and approve monthly/quarterly settlements
- Preparation of monthly and quarterly ceded reinsurance financial reports. Provide commentary on various reports for senior management
- Work internally and with third parties to verify receipt of billings, initiate collection of open balances in accordance with established procedures, respond to queries, resolve receivable and payable discrepancies, and elevate unresolved collection issues
- Monthly review of the reinsurance premium and loss sub ledger to ensure accurate account balances for the Reinsurance Services team. Formulating action plans in order to resolve aged balances
- Resolve any issues or answer queries regarding the reinsurers' statements, certificates or related entries in the reinsurance premium and loss systems
- Ad hoc requests from internal and external customers
- Bachelor's degree - Accounting, Finance, Business, or related degree
- Insurance designations (such as ARe / CPCU) desired
- 5 to 7 years of reinsurance accounting experience
- Ability to analyze large data sets to identify and resolve complex issues
- Ability to work effectively in a fast paced environment
- Proven ability to work independently and take ownership of responsibilities
- Excellent oral and written communication skills required
- Proficiency in Microsoft Excel and Microsoft Word is preferred
- FIRST and PeopleSoft knowledge is a plus
Philadelphia, PA
There are hundreds of insurance companies for you to consider when searching for an insurance career, so why should you choose Combined Insurance? A position with Combined Insurance is much more than just an insurance job - we believe it is the opportunity of a lifetime.
We're a leader in the supplemental insurance industry with a rich history, a solid financial base and a bright future ahead of us. We offer exciting insurance careers with unlimited potential for growth and a merit-based system of advancement.
Become an AgentAs we continue to grow, we are looking for successful people to become Combined Insurance sales agents. Talented people in our sales force help us maintain our position as an industry leader in supplemental insurance.
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Field Management and Support CareersOur field managers and support staff are a crucial part of the success of Combined Insurance. These key people help train and manage our agents to be the best they can be, focus on creating and maintaining relationships with businesses and their employees and assist our in-field staff with support from the home office.
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Corporate CareersOur growth also means we need quality people behind the scenes, in our corporate offices, to serve both our customers and our sales force. There is a variety of exciting insurance career opportunities in our corporate offices to explore.
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