Ceded Reinsurance Manager

INTL Ceded Reinsurance Manager - RB07YY We’re determined to make a difference and are proud to be an insurance company that goes well beyond coverages and policies. Working here means having every opportunity to achieve your goals – and to help others accomplish theirs, too. Join our team as we help shape the future. **This role will be based in London, UK and you are required to have the necessary right to work details prior to application.** This role is responsible for leading key aspects of global ceded reinsurance accounting, including financial close, reporting, analysis, reconciliations, and oversight of recoverables/payables. The position partners closely with Finance, underwriting, claims, brokers, and external parties to support accurate financial reporting on a GAAP, Statutory, Lloyd’s, and management basis, while also driving process discipline, staff development, and continuous improvement. **Reporting Relationships** * Reports directly to Assistant Director Reinsurance Accounting. * Works in close co-operation with team colleagues in both UK and US. * Will take an active role in mentoring and developing members of the team. * Continue to develop and maintain relationships with multiple functions across the business including Actuarial, Finance, Underwriting and Claims to continue to add value to our BAU tasks. **Job Responsibilities & Competence** * Supervise, coach, and develop 1 Senior Accountant and 1 Staff Accountant, including work allocation, review of deliverables, training, and performance support to ensure timely and accurate results. * Prepare and review quarterly ceded reinsurance underwriting results and related analysis for internal and external reporting across GAAP, Statutory, Lloyd’s, and management reporting bases. * Perform and oversee balance sheet reconciliations, account analytics, and fluctuation analysis for global ceded reinsurance accounts to support an effective and controlled close process. * Review and approve monthly and quarterly journal entries related to ceded reinsurance, ensuring completeness, accuracy, appropriate support, and compliance with internal controls and accounting policies. * Review excess of loss, facultative, and proportional reinsurance calculations, entries, billings, and supporting documentation to ensure contractual compliance and accurate financial reporting. * Monitor reinsurance recoverables and pursue collections for assigned balances, partnering with brokers, claims, and counterparties to resolve aged items, discrepancies, and settlement issues. * Supervise the calculation, booking, billing, and collection of ceded profit commissions and sliding scale commissions, including analysis of results and resolution of calculation differences. * Support internal and external audit requests, maintain documentation standards, and contribute to a strong control environment through clear procedures, review practices, and issue follow-up. * Lead and contribute to ad hoc reporting, process improvement initiatives, and special projects that enhance reporting quality, efficiency, automation, and business insight. **Qualifications and Capabilities** * Bachelor’s degree in Accounting, Finance, Insurance, or a related discipline required. * 5 to 10 years of relevant ceded reinsurance accounting experience, preferably within a complex insurance or reinsurance environment. * Experience preparing or supporting financial results and reporting under GAAP, Statutory, management reporting, and, ideally, Lloyd’s reporting requirements. * Advanced proficiency in Microsoft Office applications, particularly Excel, with strong capability in data analysis, reconciliations, and reporting. * Prior experience with Lloyd’s Syndicate reporting and Subscribe/LORS processes is strongly preferred. * Experience supervising staff, reviewing work product, and supporting a controlled month-end or quarter-end close process is preferred. * Demonstrated ability to work effectively across functions, manage sensitive financial information, and maintain a high standard of professionalism and accountability. **Experience** * Experience in the reinsurance sector is highly desirable * Strong understanding of insurance and reinsurance principles, with excellent customer service and communication skills. * Strong analytical and organisational skills. * Ability to work effectively as part of the Ceded Reinsurance Team as well as with other key stakeholders across different functions within the organisation. * Ability to work under pressure and handle a varied, fluctuating workload. [About Us](https://www.thehartford.com/about-us) | [Our Culture](https://www.thehartford.com/about-us/corporate-culture) | [What It’s Like to Work Here](https://www.thehartford.com/careers/our-employees)