Reinsurance Accounting Manager

## About the Role The Reinsurance Accounting Manager will play a vital role in leading reinsurance accounting activities, including month-end close, journal entries, account analysis, reconciliations, and complex reinsurance transactions. This position will partner closely with various stakeholders, including Accounting, Finance, Actuarial, Legal, Treasury, external brokers, reinsurers, auditors, and cross-functional teams. The ideal candidate will be a hands-on accounting leader with experience in complex accounting transactions, reinsurance reporting, statutory accounting, reconciliations, process improvement, and team development. The Reinsurance Accounting Manager will be responsible for owning the relationship, preparation, review, and completion of reinsurance reports for brokers, management, reinsurers, auditors, internal cross-functional partners, fronting arrangements, and other stakeholders. This role will also support accurate and timely GAAP, statutory, SEC, quarterly, and annual financial reporting. Root, Inc. is a pioneering insurtech company that is revolutionizing the insurance industry through the use of machine learning and mobile telematic platforms. As a leader in this field, the company is committed to innovation, collaboration, and excellence. The Reinsurance Accounting Manager will be an integral part of this team, working closely with cross-functional stakeholders to drive process improvements, automation, reconciliation enhancements, and scalable reporting solutions. ## What You Will Do - Lead and oversee reinsurance accounting activities, including month-end close, journal entries, account analysis, reconciliations, and complex reinsurance transactions - Own the relationship, preparation, review, and completion of reinsurance reports for brokers, management, reinsurers, auditors, internal cross-functional partners, fronting arrangements, and other stakeholders - Support accurate and timely GAAP, statutory, SEC, quarterly, and annual financial reporting - Assist with statutory accounting statements, state filings, and other regulatory reporting requirements related to statistical reporting, reinsurance and insurance accounting - Develop, maintain, and improve reinsurance accounting procedures, close processes, reconciliation templates, reporting workflows, and control documentation - Identify, document, and enhance key controls related to reinsurance accounting, reconciliations, statutory reporting, and financial reporting - Drive process improvements, automation, reconciliation enhancements, and scalable reporting solutions - Partner cross-functionally to improve data quality, reduce manual effort, strengthen controls, and shorten the close timeline - Lead, influence, develop, and grow the existing team through clear direction, coaching, training, and performance development - Navigate ambiguity, coordinate multiple projects simultaneously, accept ownership and accountability, and deliver on commitments - Use approved AI tools to accelerate work where appropriate, including research, drafting, data cleanup, summarization, workflow automation, and process documentation - Support ad hoc accounting, reporting, regulatory, audit, and strategic finance projects as needed ## What We Are Looking For - 5+ years of relevant accounting and/or finance experience - Exposure to property and casualty insurance accounting and/or reinsurance reporting - Bachelor’s degree in accounting or finance - Comprehensive knowledge of P&C insurance industry financials, with strong understanding of GAAP & statutory insurance accounting rules - Prior people leadership or team management experience - Demonstrated ability to lead, influence, develop, and grow a team while maintaining strong cross-functional relationships - Strong understanding of state regulatory statutes, statutory reporting requirements, and minimum capital and surplus requirements - Solid understanding of NAIC Model Audit Rule and SOX requirements - Experience with reinsurance accounting, reporting, settlements, reconciliations, broker/reinsurer reporting, or related insurance accounting processes - Proficiency in Excel and other accounting software - Excellent communication and interpersonal skills ## Nice to Have - Experience with machine learning and mobile telematic platforms - Knowledge of insurance industry trends and developments - Certification in accounting or finance, such as CPA or CFA - Experience with data analysis and visualization tools - Familiarity with cloud-based accounting software ## Benefits and Perks - Competitive salary range:

- To stand out as a candidate, highlight your experience with complex accounting transactions and reinsurance reporting, as well as your proficiency in Excel and other accounting software.

• Be prepared to discuss your understanding of GAAP and statutory insurance accounting rules, as well as your experience with state regulatory statutes and statutory reporting requirements.
• Showcase your leadership skills and experience in managing a team, as well as your ability to drive process improvements and automation.
• Emphasize your excellent communication and interpersonal skills, as well as your ability to navigate ambiguity and deliver on commitments.
• Research the company and the insurance industry, and be prepared to discuss your knowledge of industry trends and developments.
• Consider obtaining certification in accounting or finance, such as CPA or CFA, to demonstrate your expertise and commitment to the field.