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.

Do you live outside a commutable range of NYC, but still think you're a perfect match for this role? If so, please don't hesitate to apply.

In this role you’ll

• Prepare monthly assumed and ceded reinsurance calculations and record journal entries as part of month-end close process
• Reconcile reinsurance balance sheet accounts in compliance with SOX guidelines
• Prepare reinsurance disclosures for 10-Q/K and other US and EU regulatory reporting
• Prepare reinsurance reporting (bordereau)
• 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

What you’ll need

• B.S. in Accounting or Finance
• 4+ years of experience with P&C reinsurance accounting (preferably for a global company)
• Knowledge of US GAAP and US Statutory accounting (knowledge of IFRS is a bonus)
• 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 solutions is an advantage
• Ability to work remotely

The starting base range for this position is between $95,000 and $115,000 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.

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