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Reinsurance Accountant - Sutton National ( Remote U.s.)

Company

777 Partners

Address , Fort Lauderdale, Fl
Employment type
Salary
Expires 2023-07-22
Posted at 11 months ago
Job Description

ABOUT: Sutton National Group

Sutton National Group offers admitted capacity through Sutton National Insurance Company and surplus lines capacity through Sutton Specialty Insurance Company, with combined capital in excess of $100 million. The Sutton National Group operates in many key states and is expanding its footprint nationwide. We partner with select program administrators and reinsurers to build lasting market solutions with a shared focus on underwriting and true alignment of interests.

Our commitment to our partners' success produces meaningful and lasting relationships and allows our partners to prosper without channel conflicts to maximize their opportunities. We invest our capital, time, and resources for mutual benefit, believing the cost to win is far less than the cost to lose.

JOB SUMMARY:

The Reinsurance Accountant will need to be able to perform a variety of general accounting, financial analysis and financial reporting functions related to Sutton's ceded reinsurance business. The Reinsurance Accountant will be responsible for assisting with the monthly, quarterly and annual financial close.

DUTIES AND RESPONSIBILITIES

  • Support month end closing processes at the beginning of each month.
  • Maintain client records ensuring data integrity for both client and company records through careful data entry and review.
  • Participate with internal audits.
  • Prepare month end bank account reconciliations as requested.
  • Prepare and track tax exemption certificates for each applicable country and distribute to brokers in a timely manner.
  • Research disputed account balances and work closely with customers and internal team to resolve un-reconciled matters.
  • Review remittance advice from clients/brokers against system receivable and process as directed.
  • Other duties as assigned.
  • Reconcile incoming payments to accounts receivable ledger.
  • Prepare and keep bank account cashbook up to date.
  • Prepare customer invoices, customer statements, and other reports as directed.
  • Generate and distribute aging reports as directed.

SKILLS / KNOWLEDGE / ABILITIES

  • Excellent verbal and written communication skills
  • The ability to deal effectively and courteously with clients and colleagues, and to exercise discretion and confidentiality in all matters.
  • Proven organizational and timekeeping skills and a strong sense of attention to detail are essential
  • Mathematical and Analytical Skills - ability to apply concepts such as fractions, percentages, ratios, and proportions to practical situations.

EDUCATION AND EXPERIENCE

  • Proficient in Microsoft Office Suite
  • BA/BS Degree (4-year college)
  • 3+ years of accounting in the insurance/reinsurance industry

CERTIFICATIONS AND LICENSES

  • N/A

PHYSICAL DEMANDS AND WORK ENVIRONMENT

The physical demands described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. While performing the duties of this job, the employee is regularly required to sit and use hands to finger, handle, or feel objects, tools, or controls. The employee frequently is required to talk and hear. The employee is occasionally required to stand; walk; reach with hands and arms. The employee is rarely required to stoop, kneel, crouch, or crawl. The employee must regularly lift and/or move up to 10 pounds. Specific vision abilities required by this job include close vision, and the ability to adjust focus. The noise level in the work environment is usually moderate.

EEOC
777 Partners is an Equal Opportunity Employer. All aspects of consideration for employment and employment with the Company are governed on the bases of merit, competence and qualifications without regard to race, color, religion, sex, national origin, age, disability, veteran status, sexual orientation, or any other category protected by federal, state, or local law.