National Life Insurance Company

Senior Accountant, Reinsurance

Addison, Vermont, United StatesFull timeSenior$86,625 - $127,050 / yearPosted 22 days ago
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Come join one of America’s fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures. Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard. We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.Please note that we do not offer visa sponsorship for this position. Position Summary This is an exciting opportunity to continue your Accounting Career at one of the fasted growing life insurance companies in the country.   National Life Group currently has an opening for a Reinsurance Senior Accountant.  This senior-level position is designed for an accounting professional with significant experience in reinsurance accounting. The ideal candidate will be motivated by opportunities to enhance, refine, and create processes. As an essential member of a developing reinsurance team, this role will be responsible for supporting both newly established and ongoing reinsurance arrangements as the company grows and adapts. While the main focus will be on reinsurance accounting, the individual will work closely with the broader insurance accounting team to ensure processes are aligned, consistent, and equipped with robust internal controls throughout the organization. Responsibilities will include reviewing and analyzing accounting outcomes, ensuring that transactions are properly recorded. The role will also involve preparing and entering journal entries for complex ledger accounts, which may require developing and designing computerized entry processes. Key Responsibilities Prepare, review, and reconcile periodic reinsurance settlement statements. Carry out monthly and/or quarterly ledger close procedures, including preparing reinsurance journal entries, reconciliations, and analyses. Validate data from both internal systems and external reinsurers, investigating any discrepancies that arise. Maintain records that are accurate, thorough, and well-documented to support settlements, underlying assumptions, and reconciliations. Identify and pursue opportunities to improve processes, focusing on standardization and automation where possible. Review and provide support for the implementation or updating of new and existing reinsurance agreements. Work collaboratively with reinsurers to foster effective relationship management. Support audits, regulatory reporting, and respond to other ad hoc requests as necessary. Collaborate across functions with teams such as Financial Reporting, Risk M...