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Job Description Sompo has a unique opportunity for a Ceded Re Reinsurance Accountant on our Ceded Reinsurance team. Sompo’s Ceded Reinsurance team is a globalized customer focused, dedicated and professional organization…
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The accountant will prepare monthly and quarterly financial reports, review reinsurance statements, and manage journal entries for treaty and claims settlements. They are also responsible for monitoring cedent deliverables and ensuring compliance with internal audit and SOX requirements.
Candidates must possess a bachelor's degree in accounting or finance and have 3-5 years of experience in the reinsurance or accounting industry. Proficiency in Microsoft Excel and familiarity with SAP financial systems are essential for this role.
Sompo has a unique opportunity for a Ceded Re Reinsurance Accountant on our Ceded Reinsurance team.
Sompo’s Ceded Reinsurance team is a globalized customer focused, dedicated and professional organization. The team is responsible for the purchasing and management of Ceded Reinsurance placements. The Ceded Accounting staff will provide accurate and timely production of financial statements, production reports, client receivables/payables and be actively involved in cash processing, collection and disbursement as well as any ad-hoc project requests. Additionally, be able to identify and research issues arising from processes and producing/communicating results in an accurate and timely manner, in order to achieve department standards and meet service level expectations.
The position is dedicated to supporting the Ceded business functions of our Sompo America companies and the position will report through the Ceded Reinsurance Operations and Accounting Organization. The position will report to the Ceded Reinsurance Accounting Manager.
Location: This position will be based out of our New York City (1221 Avenue of the Americas) office. We strive for collaboration which is why we offer a work environment where our employees thrive and develop long lasting careers.
Our business, your impact, our opportunity:
What you’ll be doing:
What you’ll bring:
Salary Range: $80,000 – $120,000 Actual compensation for this role will depend on several factors including the cost of living associated with your work location, your qualifications, skills, competencies, and relevant experience.
At Sompo, we recognize that the talent, skills, and commitment of our employees drive our success. This is why we offer competitive, high-quality compensation and benefit programs to eligible employees.
Our compensation program is built on a foundation that promotes a pay-for-performance culture, resulting in higher incentive awards, on average, when the Company does well and lower incentive awards when the Company underperforms. The total compensation opportunity for all regular, full-time employees is a combination of base salary and incentives that gets adjusted upfront based on overall Company performance with final awards based on individual performance.
We continuously evaluate and update our benefit programs to ensure that our plans remain competitive and meet the needs of our employees and their dependents. Below is a summary of our current comprehensive U.S. benefit programs:
In today’s world, what do we stand for?
Ethics and integrity are the foundation of delivering on our commitment to you. We believe that core values drive success, and that when relationships are held in the highest regard, there is nothing that cannot be accomplished. At Sompo, our ring is more than a logo, it is a symbol of our promise. Click here to learn more about life at Sompo.
Sompo is an equal opportunity employer and we intentionally value inclusion and diversity. Above all, we want you to work in an environment that respects everyone’s unique contributions – we are passionately committed to equal opportunities. We do not discriminate based on race, color, religion, sex orientation, national origin, or age.
We are Sompo, a global provider of commercial and consumer property, casualty, and specialty insurance and reinsurance. Building on the 137 years of innovation of our parent company, Sompo Holdings, Inc., we are home to approximately 9,500 people around the world who use their in-depth knowledge and expertise to help simplify and resolve your complex challenges. Because when you choose Sompo, you choose The Ease of Expertise™. Terms of Use: https://www.sompo-intl.com/terms_use Privacy Policy: https://www.sompo-intl.com/privacy_policy
Offices: 100 Pitts Bay Road, Pembroke, Bermuda HM 08, BM
Based on 16127 listings with disclosed salaries, most management & leadership jobs in New York, NY pay between $70k–$200k per year. Individual offers vary with seniority, company size, and specialization.
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