Senior Accountant, Reinsurance

We’re looking for an experienced Senior Accountant to help us strengthen our reinsurance process. 

You’ll be driving automation, transparency, and greater efficiency within the company’s reinsurance accounting and reporting. Global reinsurance reporting will be your responsibility—from day-to-day accounting to supporting infrastructure and system solutions to help us scale.

In this role you’ll

• Prepare monthly assumed and ceded reinsurance calculations and record journal entries

  Prepare monthly contingent commission calculations and journal entries

  Ensure reinsurance bordereaux preparation and reporting are processed accurately and timely

  Develop the assumed and ceded analytics to ensure significant monthly fluctuations are properly addressed

  Reconcile reinsurance balance sheet accounts in  compliance with SOX guidelines

  Support reinsurance system solution implementation

  Prepare reinsurance disclosures for 10-Q/K and other US and EU regulatory reporting

  Work closely with auditors and other stakeholders to ensure compliance and address any issues or concerns

  Manage cash settlement with cedents and reinsurers (through intermediaries)

  Perform quarterly Current Expected Credit Loss (CECL) analysis as it relates to our reinsurance program

  Monitor collateral needs including funds held and LOC’s

  Analyze reinsurance agreements for risk transfer and proper accounting treatment

  Provide input on reinsurance structure and modeling

  Maintain and develop documentation for processes, operating controls and SOX controls

• 4+  years of experience with P&C reinsurance accounting (preferably for a global company)

  Bachelor's Degree in Accounting or Finance

  Knowledge of US GAAP and US Statutory accounting 

  Knowledge of IFRS, a plus

  CPA, preferred 

  Workday ERP system experience, preferred

  Ability to develop strong partnerships with key stakeholders both internally and externally

  Project management skills and adept at juggling multiple responsibilities and deadlines

  Superior Excel skills

  Experience in implementing system solution, an advantage

  Ability to work remotely 

  Enthusiasm about learning and adapting to the exciting world of AI –  a commitment to exploring this field is a fundamental part of our culture

  Please note that we are unable to sponsor applicants for work visas.

  Unfortunately, we cannot consider applicants from these states; Colorado, California, Montana, Hawaii, New Mexico and Puerto Rico.

  The starting base range for this position is between $95,000  and $112,500  per year. Base pay is one component of Lemonade's total compensation package, which will also include equity in the form of RSUs, access to healthcare benefits, 401(k) plan with company match, robust PTO, parental leave, and more.