[Remote] Reinsurance Accounting Specialist Job Details | Lincoln Financial

Note: The job is a remote job and is open to candidates in USA. Lincoln Financial is a company dedicated to helping people confidently plan for their financial futures. The Reinsurance Accounting Specialist will administer reinsurance treaties, communicate with third-party reinsurers, and ensure the integrity of accounting records while preparing and analyzing reinsurance accounting transactions.

Responsibilities

• Performing reinsurance accounting activities, including preparing, classifying, recording, maintaining, and reconciling General Ledger accounts, sub-ledgers, and subsystems in compliance with accepted accounting policies and principles
• Preparing financial footnote information for SEC, GAAP, and statutory reporting
• Communicating to management on recognized trends of issues/concerns
• Communicating with third party reinsurers on identified discrepancies and resolving in a collaborative and timely fashion
• Promoting and enhancing organizational initiatives by positively influencing and supporting change management and/or departmental/enterprise initiatives
• Conducting and/or participating in accounting projects
• Providing accurate and timely reinsurance treaty administration which includes cash settlements and analyzing and validating data
• Conducting quality assurance checks on journal entries and posting to General Ledger accounts
• Determining classifications and recording financial transactions by applying accounting technique, standard practices, and accepted accounting policies and principles
• Researching and providing accounting impacts on new and existing reinsurance structures/transactions
• Ensuring the integrity of accounting records for completeness, accuracy, and compliance with accepted accounting policies and principles, internal controls, and SOX
• Identifying and communicating to management process improvements that reduce workloads or improve quality
• Identifying, researching, and resolving discrepancies or out of balance situations amongst assigned General Ledger accounts
• Maintaining knowledge on current and emerging developments/trends, assessing the impact, and collaborating with management to incorporate new trends and developments in current and future solutions
• Performing and delivering on routine assignments/projects while simultaneously leveraging and applying knowledge of his/her assigned area(s) of responsibility
• Carrying out duties in compliance with all state and federal regulations and guidelines. Complying with all company and site policies and procedures
• Making a positive contribution as demonstrated by making suggestions for improvement and continuing to learn new skills, procedures, and processes
• Performing other duties as required

Skills

• 2 - 4+ Years of experience in Accounting that directly aligns with the specific responsibilities for this position
• Bachelor's degree or equivalent work experience (4 years of experience in lieu of Bachelor's)
• Demonstrates excellent organizational skills with the ability to prioritize workload and multi-task while maintaining strict attention to detail
• Demonstrates solid project management skills, including the ability to coordinate and balance multiple projects in a time-sensitive environment, under pressure, and meeting deadlines
• Demonstrates the ability to use sound judgment and discretion regarding confidential information
• Ability to work with others in a team environment; demonstrates strong interpersonal skills with a collaborative style
• Finds common ground and can gain collaboration among management, colleagues and peers; can influence outcomes without directing or commanding
• Proficiency with Microsoft Office Suite (Word, Excel, PowerPoint, Outlook)
• Successfully completes regulatory and job training requirements
• CPA strongly preferred but not required

Benefits

• Clearly defined career tracks and job levels, along with associated behaviors for each of Lincoln's core values and leadership attributes
• Leadership development and virtual training opportunities
• PTO/parental leave
• Competitive 401K and employee benefits
• Free financial counseling, health coaching and employee assistance program
• Tuition assistance program
• Work arrangements that work for you
• Effective productivity/technology tools and training
• Annual Incentive Program, which is discretionary and based on the performance of the company, business unit and individual
• Other rewards may include long-term incentives, sales incentives and Lincoln’s standard benefits package

Company Overview