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Reinsurance Accountant

  • A hirdetés 1229 napja lejárt

On behalf our Partner, who is a global leader in the insurance sector, we are looking for a Reinsurance Accountant to their local business center.


Reinsurance Accountant


- Preparation of statements and reinsurance settlements
- Perform reinsurance exposure reporting
- Accurately perform activities such as building good working relationships following up open items and resolving discrepancies. The role includes:

Reinsurance Receivables :
- Managing Cash Application & Bordereaux Processing, Cash Matching & Allocation to the Policies and Aged Balance Reporting
- Investigating FAS 5 Evaluation & Bad Debt Reserve Identification
- Supporting Quarterly (SI) and Reinsurance Receivables and Payables Reporting
- Identifying of Litigation, cancellations or Non Renewals
- Managing relationships with Claims, Profit Centers and Operations & Systems
- Investigating and resolving unallocated & Unmatched Cash with Profit Centers & CSG

Reinsurance Payables:

- Receiving and sorting payments ensuring cheques and payments are correct
- Researching unallocated payments and ensuring customer accounts are accurate and current
- Communicating with customer account representatives
- Propose invoice for tax payment, bank fees etc (where no invoice is received)
- Review blocked invoices
- Handle first-line supplier invoice queries regarding invoice status and payment status

Key Capabilities:

Financial Reporting and Technical Skills: Requires a demonstrated understanding of accounting, under U.S. GAAP, IFRS, and local regulatory as well as SEC reporting and other requirements of a public company such as SOX. Strong control environment background and expertise with a focus on right first time, on time.


- Qualified Accountant
- Business degree
- Experience of control review and audit and identifying and implementing process improvements
- Finance sector (Insurance, Banking) accounting experience is advantage
- Prior work experience in a multinational organisation

- SSC experience is an advantage
- Fluent in English plus another European language
- Around 5 years of work experience in accounting & control function
- Knowledge of IFRS, US GAAP and/or a local European GAAP besides Hungarian GAAP is an advantage
- Knowledge/experience of Sarbanes Oxley is an advantage
- Experience of working in SAP is an advantage

Helyek Budapest
Kategória Pénzügy / Számvitel / Kontrolling
Bank / Biztosítás / Pénzintézet
Munkaidő tipusa Teljes munkaidő
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