Staff Accountant (Insurance Industry)

Job description

Role Details Job Title: Staff Accountant (Insurance Industry) Location: Wakefield, MA (Hybrid)* Reports to: Reinsurance Accounting Manager Employment Type: Full time Job Requisition ID: 2026 - 853 Requisition Begin Date: 08/26/2026 Help Us Insure It Tokio Marine HCC is a global industry-leading specialty insurance group, backed by the strength and stability of the Tokio Marine Group. Offering over 100 classes of specialty insurance, we empower clients to pursue opportunities confidently through our “Mind Over Risk” philosophy. More than an insurance company, we are an organization built on innovation, unity, and trust. At our core, we are Always Advancing , driven by innovation and an entrepreneurial spirit that keeps us moving forward. Our people are Experts in Tomorrow , using curiosity and smart working to anticipate what’s next. With a culture rooted in Reaching Out , we foster genuine collaboration and support, ensuring every individual has the opportunity to succeed and make a difference. Role Overview Become part of a dynamic team at the TMHCC Specialty Group headquarters in Wakefield, MA while working across multiple departments such as accounting, underwriting and claims. Under supervision of the Reinsurance Accounting Manager, you will perform intermediate reinsurance and accounting activities relating to management of gross and ceded reinsurance balances, maintenance of general ledger accounts, and preservation of accuracy within the reinsurance and financials systems. Key Responsibilities Within the first 30 days , you will become familiar with the Specialty Group business (what we do), programs we use (PeopleSoft, RSC, Origami, AS400), and our daily operations as they relate to reinsurance accounting and reporting. Within the first 60 days , you will become proficient in using our accounting and reinsurance systems to complete tasks assigned by the Reinsurance Accounting Manager. You will learn to facilitate and report reinsurance settlements for both premiums and claims, respond to inquiries from reinsurers and brokers regarding settlements, claims, and collections, and coordinate responses with the appropriate departments. In addition, you will begin supporting broader staff accounting responsibilities, including preparing journal entries, assisting with monthly book close activities, completing balance sheet workpaper reconciliations, reviewing account activity, and helping ensure financial information is accurate, complete, and properly supported. Within the first 90 days , you will assist in the month-end closing of business lines within both the reinsurance and the general ledger systems, set up treaties (reinsurance contracts) in the reinsurance system, and analyze accounting information to prepare and post entries to general ledger accounts and to document business transactions as they relate to reinsurance activities. Ongoing , you will prepare general ledger account reconciliations related to reinsurance activity and record activity in our account reconciliation tool. You will assist with interactions with internal and external auditors, as needed, on reinsurance matters. You will proactively identify, research, and resolve reconciliation items related to reinsurer balances, prepare various ad hoc reports using advanced Excel skills, and assist with reporting for reinsurance-related meetings by gathering data, preparing schedules, summarizing key account activity, and helping ensure materials are accurate and complete. What You Bring Two (2)+ years of relevant and progressive accounting experience A bachelor’s degree in accounting, Finance, a related field, or the equivalent education and/or experience Excellent communication and critical thinking skills Incredible attention to detail and organizational skills Solid understanding of insurance/reinsurance principles and the accounting relationship Understanding of the general applications of an insurance/reinsurance system Exceptional analytical skills; demonstrated ability to manage multiple tasks simultaneously Intermediate proficiency and experience using Microsoft Office package (Excel, Power BI, PowerPoint, Word) If your experience matches these requirements, please apply WITH A COVER LETTER , expressing why you want to join our team. What We Offer Competitive salary and comprehensive benefit package Strong learning culture with ongoing development opportunities Opportunities for growth and career advancement Comprehensive medical, vision, and dental coverage, with eligibility beginning on your first day of employment Basic life and disability insurance 401(k) plan with 6% company match 20 days of PTO, two floating holidays, approximately 11 paid holidays, and volunteer time off Paid parental leave Access to our award-winning wellness program, including mental health services, fitness network membership, and a complimentary Headspace subscription Student loan matching program Employee discount program An opportunity to do meaningful work and love what you do *Our hybrid work schedule – is 4 days in the office and 1 day WFH, if desired, upon successful completion of a training period. Please consider this requirement before applying. Pay Transparency The pay range for this position is $73,400.00 - $100,900 annually, which includes geographic adjustments, where applicable. The pay range is the range THMCC, in good faith, believes is the range of compensation for this role at the time of this posting. The hired applicant will be offered pay within the entire range based on the candidate’s geographic location, qualifications, work experience, education, and/or skill level. The Company is fully committed to ensuring equal pay opportunities for equal work regardless of color, race, sex, national origin, sexual orientation, religion, age, veteran status, disability, pregnancy, citizenship status, genetic information, or any other basis protected by federal, state, or local pay equity laws. Disclaimer As an insurance company, we comply with certain federal, state and local laws such as the Violent Crime Control and Law Enforcement Act of 1994 (18 USC § 1033(e)), which restricts our ability to employ individuals with certain types of criminal convictions. Where not restricted by law and for criminal history not covered by this law, the Company will consider qualified applicants with arrest or conviction history in compliance with applicable law. About Us Tokio Marine HCC is a leading specialty insurance group with offices in the United States, the United Kingdom, Europe, and other exciting locations. With the strength and stability that comes from being a member of the Tokio Marine Group, and more than fifty years of growth, profitability, and stability, we offer important insurance products that most people don’t even know exist. Every policy we write is special, enabling our clients to do amazing things. Tokio Marine HCC - Specialty Group, a member of the Tokio Marine group of companies, is a market leader in providing specialized insurance products for the sports, entertainment, and promotional industries. We provide an unmatched portfolio of products including event cancellation, high limit disability, kidnap and ransom, weather, travel, event liability and much more. We cover major sports and entertainment events, professional athletes and entertainers and other unique assets. Applying our Mind Over Risk philosophy to writing insurance allows our customers to take on opportunity with confidence. That philosophy defines our way of thinking, unites us as a team, and differentiates us from our competitors. We are much more than just an insurance company; we are a good company. Equal Opportunity Employer TMHCC is an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to age, ancestry, citizenship, color, family or medical care leave, gender identity, genetic information, marital status, medical condition, national origin, physical or mental disability, protected veteran or military status, race, ethnicity, religion, sex (including pregnancy), sexual orientation, or any other characteristic protected by applicable local laws, regulations and ordinances. #LI-KM1 #LI-Hybrid