Should have good understanding of STAT Reporting and procedures
Research and resolve queries pertaining to any testing/coding.
Accounting - Book accruals (journal entries related to premiums, commissions & claims), Process settlements, Bordereau/Settlement spreadsheet preparation and reconciliations including balancing and resolution of open items
Regulatory Reporting - Preparation of regulatory filings (Schedule S and F, Page 27, Notes to Accounts, General Interrogatories) , Fitch, S&P and AM Best surveys and Liaison with multiple departments/reinsurers
Receivables Management - Preparation of invoices/billing statements to reinsurers, Tracking of outstanding receivables and Transfer of non-recoverable amount ( 90 days)to non-admitted account
Requires the knowledge and ability to prepare financial statements and related reports, investigate problems and organize projects