Assistant Manager - Ceded Reinsurance Accounting

TransRe•New York, NY

1d•$105,000 - $140,000•Hybrid

About The Position

TransRe is seeking an experienced Assistant Manager to join our Ceded Reinsurance Accounting team. This role will report to the team’s Director and will be a key contributor in managing and overseeing ceded reinsurance accounting activities, quarterly close, and statutory reporting. The ideal candidate will bring strong ceded reinsurance accounting expertise, analytical depth, and a proactive mindset focused on process improvement & automation.

Requirements

5+ years of ceded reinsurance accounting experience.
Bachelor's degree in accounting, Finance, Business or equivalent training
Strong Microsoft Excel skills (advanced formulas, VLOOKUP, pivot tables, data analysis tools)
Demonstrated ability to perform reconciliations and conduct detailed financial analysis
Self-starter with a proven ability to conduct independent research, identify process improvements, and implement solutions with minimal supervision.
Excellent interpersonal and communication skills; collaborates effectively across departments and with internal and external stakeholders.
Demonstrates strong ownership, accountability, and project management skills in a fast-paced, evolving team environment.

Responsibilities

Managing the ceded reinsurance book of business, including:
Treaty setup and maintenance
Preparation of statements and cash calls
Cash payments and application of cash
Monitoring balances and performing analytics
Performing quarterly reporting and analysis, including:
Period-over-period variance analytics
Reconciliation of subledger to General Ledger
Parent company reporting requirements
Preparing quarterly financial schedules to support quarterly close and year-end statutory schedules
Ensuring accuracy, timeliness, and completeness of financial data
Partnering with IT and other stakeholders to automate processes and enhance reporting efficiency
Identifying process improvements and strengthening internal controls
Supporting special projects and ad hoc reporting as needed