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Beacon Hill Financial is partnering with an insurance company in Downtown Manhattan to bring an experienced Insurance Analyst to their team. This role works closely with underwriting, actuarial, finance, and external reinsurance partners to maintain data integrity, support financial reporting, and improve reinsurance operational processes. If you have experience with SQL and query functions, please apply!
Key Responsibilities
- Maintain and analyze reinsurance data related to ceded premiums, losses, recoverables, and commissions in accordance with reinsurance agreements
- Prepare and review reinsurance bordereaux, statements, and supporting schedules for reinsurers and brokers
- Reconcile reinsurance balances, including recoverables, payables, and cash settlements, and investigate discrepancies
- Support monthly, quarterly, and year‑end close processes related to reinsurance accounting under GAAP and/or statutory accounting standards
- Assist in calculating reinsurance accruals, funding requirements, and profit‑sharing or sliding‑scale commission arrangements, where applicable
- Coordinate with underwriting, actuarial, and finance teams to ensure accurate data flow and alignment between policy, claims, and reinsurance systems
Qualifications
- Bachelor’s degree in Accounting, Finance, Risk Management, or a related field
- 2+ years of experience in reinsurance, insurance accounting, or financial analysis within the insurance industry
- Working knowledge of reinsurance structures and insurance accounting concepts
- Familiarity with GAAP and/or statutory (STAT) insurance accounting principles
- Strong analytical skills with high attention to detail
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