Reinsurance Technical Accountant

Job description

This is your opportunity to join AXIS Capital – a trusted global provider of specialty lines insurance and reinsurance. We stand apart for our outstanding client service, intelligent risk taking and superior risk adjusted returns for our shareholders. We also proudly maintain an entrepreneurial, disciplined and ethical corporate culture. As a member of AXIS, you join a team that is among the best in the industry. At AXIS, we believe that we are only as strong as our people. We strive to create an inclusive and welcoming culture where employees of all backgrounds and from all walks of life feel comfortable and empowered to be themselves. This means that we bring our whole selves to work. All qualified applicants will receive consideration for employment without regard to any protected characteristic, including age, color, disability, ethnicity, gender identity, marital status, national origin, pregnancy, race, religion, sex, sexual orientation, veteran status, or any basis prohibited by the laws that govern its operations. Role Summary The Reinsurance Technical Accountant will be responsible for supporting assumed reinsurance technical accounting activities across global portfolios, based on business need. This role requires strong technical accounting knowledge, attention to detail, analytical judgment, and the ability to work across multiple regions, systems, and stakeholders to ensure timely and accurate processing, reporting, and resolution of reinsurance accounting activity. The role will support close and reporting deliverables, review and process reinsurance statements of account, analyze premiums, losses, commissions, and related balances, and help ensure accounting activity is recorded accurately in accordance with contract terms and internal procedures. The position will also support issue resolution, aged balance review, account analysis, and coordination with internal stakeholders including Underwriting, Claims, Finance, Cash Accounting, offshore processing teams, and Reporting. This role is critical to maintaining continuity, control integrity, and service quality across the global assumed reinsurance portfolio. Key Responsibilities Perform assumed reinsurance technical accounting activities across global portfolios, regions, and business needs. Review, analyze, and process reinsurance statements of account, ensuring activity is complete, accurate, and aligned with contract terms and internal procedures. Analyze and record reinsurance activity, including premiums, losses, commissions, fees, adjustments, and other contract-related balances. Support monthly and quarterly close processes, ensuring assigned deliverables are completed timely and accurately. Monitor, research, and resolve open items, exceptions, and aged balances related to assigned accounts and portfolios. Work closely with Cash Accounting to support timely clearing of aged balances, investigate receipt or payment-related questions, and resolve cash application or statement of account processing inquiries. Partner with offshore processing teams to provide guidance, answer questions, review outputs, and support quality and consistency of processing. Coordinate with Underwriting, Claims, Finance, Reporting, Cash Accounting, and other internal stakeholders to resolve account questions and ensure accurate financial reporting. Support account reconciliations, variance analysis, and investigation of unusual or unexpected movements. Identify and escalate complex issues, control concerns, processing delays, or aged balance risks in a timely manner. Maintain clear documentation of accounting conclusions, open items, follow-ups, and resolution steps. Support audit, internal control, and compliance-related requests, including preparation of supporting documentation and explanations. Contribute to process improvements, reporting enhancements, automation readiness, and opportunities to improve efficiency, visibility, and control across the Technical Accounting function. Assist with training, knowledge transfer, and documentation of account-specific or region-specific procedures as needed. Provide flexible support across regions, portfolios, and deliverables as priorities shift within the global Technical Accounting function. Required Qualifications Experience in reinsurance accounting, insurance accounting, technical accounting, finance, or a related field. Strong understanding of assumed reinsurance concepts, including premiums, losses, commissions, statements of account, treaty activity, and related accounting flows. Ability to interpret reinsurance activity, identify exceptions, and apply judgment when reviewing account activity. Strong analytical, reconciliation, and problem-solving skills. High attention to detail with the ability to manage multiple deliverables, stakeholders, and deadlines. Strong communication skills and ability to work effectively with onshore, offshore, and cross-functional stakeholders. Ability to escalate issues appropriately and support timely resolution of complex accounting matters. Proficiency with Microsoft Excel and ability to work with accounting systems, reporting tools, and large data sets. Preferred Qualifications Prior experience with assumed reinsurance technical accounting. Experience supporting global, multi-region, or complex reinsurance portfolios. Familiarity with reinsurance administration systems and reporting platforms. Experience working with offshore processing teams or shared service models. Experience supporting month-end or quarter-end close, audit requests, and control documentation. Experience with aged balance analysis, account reconciliations, and statement of account review. Key Skills and Competencies Technical accounting knowledge Assumed reinsurance accounting Statement of account processing Analytical judgment Account reconciliation Aged balance review and resolution Issue identification and escalation Stakeholder management Control awareness Documentation and follow-through Cross-functional collaboration Ability to work in a complex, deadline-driven, global environment F or this position, the anticipated base salary range is $75,000 - $85,000 USD (Stamford, CT). Your salary offer will be based on an assessment of a variety of factors including your specific experience and work location. In addition, you will be offered competitive target incentive compensation, with awards based on overall corporate and individual performance. On top of this, you will be eligible for a comprehensive and competitive benefits package which includes medical plans for you and your family, health and wellness programs, retirement plans, tuition reimbursement, paid vacation, and much more. This posting is for an existing vacancy.