Reinsurance Accountant

Posted 11 Days Ago
Be an Early Applicant
West Des Moines, IA
Mid level
Fintech • Insurance
The Role
The Reinsurance Accountant oversees the reinsurance process for complex settlements, including preparation, analysis, and coordination with other teams. Responsibilities include maintaining accounting systems, resolving variances, preparing financial reports, and acting as a contact for internal and external stakeholders.
Summary Generated by Built In

We are Athene. At Athene, we are driven to do more. We are a leading retirement services company that issues, reinsures and acquires retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. We see every day as a new opportunity to measure ourselves against the best - and then we don't stop until we've set the bar even higher. We're ready to help you achieve more.


Purpose:

The Accountant will oversee the reinsurance process for certain reinsurance treaties. This includes the execution, review, and analysis for each complex settlement assigned. This position reports to the Manager – Reinsurance Accounting but works independently with peers and leaders across the organization.


Accountabilities:

  • Maintains and prepares complex reinsurance settlements for assigned agreements. Includes coordinating work requirements and deadlines for and from other teams, journal entry preparation, and analysis of the results of the settlements
  • Help in the development and maintenance of the automated reinsurance accounting system
  • Must develop a strong understanding of the mechanics of the reinsurance agreements assigned
  • Proactively researches and resolves variances and inconsistencies noted in settlements by investigating and analyzing results
  • Responds to other departmental requests involving reinsurance information
  • Performs analysis and reconciliations of complex balance sheet accounts
  • Responsible for the timely and accurate preparation of month and quarter close activities
  • Acts as a first-level contact with assigned internal and external reinsurance stakeholders
  • Assists with departmental projects as assigned



Qualifications and Experience:

  • 3+ years of related experience preferred; with experience in public accounting or in the insurance industry preferred
  • Strong analytical skills, with the ability to identify, research, and develop solutions to accounting issues
  • Experience in statutory or US GAAP accounting in a life insurance company is preferred, but not required
  • Experience with Oracle, Essbase, and Hyperion is preferred
  • Completion of or interest in obtaining CPA and/or FLMI designations is preferred
  • Proficient with MS Office products such as Word and Excel
  • Bachelor’s degree in Accounting required

Drive. Discipline. Confidence. Focus. Commitment. Learn more about working at Athene.

Athene is a Military Friendly Employer! Learn more about how we support our Veterans.

Athene celebrates diversity, is committed to inclusion and is proud to be an Equal Opportunity Employer. We do not discriminate on the basis of race, color, religion, sex, national origin, age, disability, marital status, sexual orientation, veteran status or any other status protected by federal, state or local law.

Top Skills

Essbase
Hyperion
Oracle
The Company
HQ: West Des Moines, IA
1,254 Employees
On-site Workplace
Year Founded: 2009

What We Do

Athene, through its subsidiaries, is a leading retirement services company that issues, reinsures and acquires retirement savings products designed for the increasing number of individuals and institutions seeking to fund retirement needs. The products offered by Athene include:
• Retail fixed, fixed indexed and registered index-linked annuity products;
• Reinsurance arrangements with third-party annuity providers; and
• Institutional products, such as funding agreements and group annuity contracts related to pension risk transfers.

Athene's subsidiaries include Athene Annuity & Life Assurance Company, a Delaware-domiciled insurance company, Athene Annuity and Life Company, an Iowa-domiciled insurance company, Athene Annuity & Life Assurance Company of New York, a New York-domiciled insurance company, Athene Securities, LLC, an Iowa-domiciled registered broker-dealer (member FINRA), and Athene Life Re Ltd., a Bermuda-domiciled reinsurer.
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The financial industry is ripe for change and Athene is leading the way. We’re determined to make retirement easier for you and other Americans by harnessing our passion, smarts and relentless spirit.

Learn how to become an Athene financial professional at www.athene.com/contact.

If you love a challenge and are driven to succeed, then Athene is your kind of company.

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