Come join one of America's fastest-growing insurance companies. Since 1848, National Life Group has aimed to keep our promises, providing families with stability in good times and in bad. Throughout that history, we have provided peace of mind to those families as they plan their futures.
Our mission extends beyond the insurance and annuities policies that we offer. We strive to make the world a better place through our grants from our charitable foundation, paid volunteer time for our employees, environmentally sustainable and healthy workplaces, and events that promote the work of nonprofits in our own backyard.
We foster a collaborative environment with opportunities for growth and encourage our associates to live our values: Do good. Be good. Make good.
Please note that we do not offer visa sponsorship for this position.
Position Summary
This is an exciting opportunity to continue your Accounting Career at one of the fasted growing life insurance companies in the country. National Life Group currently has an opening for a Reinsurance Senior Accountant. This senior-level position is designed for an accounting professional with significant experience in reinsurance accounting. The ideal candidate will be motivated by opportunities to enhance, refine, and create processes. As an essential member of a developing reinsurance team, this role will be responsible for supporting both newly established and ongoing reinsurance arrangements as the company grows and adapts. While the main focus will be on reinsurance accounting, the individual will work closely with the broader insurance accounting team to ensure processes are aligned, consistent, and equipped with robust internal controls throughout the organization. Responsibilities will include reviewing and analyzing accounting outcomes, ensuring that transactions are properly recorded. The role will also involve preparing and entering journal entries for complex ledger accounts, which may require developing and designing computerized entry processes.
Key Responsibilities
- Prepare, review, and reconcile periodic reinsurance settlement statements.
- Carry out monthly and/or quarterly ledger close procedures, including preparing reinsurance journal entries, reconciliations, and analyses.
- Validate data from both internal systems and external reinsurers, investigating any discrepancies that arise.
- Maintain records that are accurate, thorough, and well-documented to support settlements, underlying assumptions, and reconciliations.
- Identify and pursue opportunities to improve processes, focusing on standardization and automation where possible.
- Review and provide support for the implementation or updating of new and existing reinsurance agreements.
- Work collaboratively with reinsurers to foster effective relationship management.
- Support audits, regulatory reporting, and respond to other ad hoc requests as necessary.
- Collaborate across functions with teams such as Financial Reporting, Risk Management, Legal, Internal Audit, Pricing, Product, IT, Operations, and Investments.
- Identify, evaluate, and leverage emerging technologies, including generative AI and automation solutions and workflow tools, to drive measurable improvements in reporting efficiency, control effectiveness, and scalability.
Requirements
- Bachelor's degree in Accounting
- Three to five years of accounting experience within the insurance industry required
- Strong grasp of accounting principles, especially regarding internal controls.
- Advanced skills in Excel.
- Demonstrated analytical, problem-solving, and reconciliation abilities.
- Keen attention to detail and the capacity to meet deadlines in a dynamic work setting.
- Effective written and verbal communication skills.
- Capability to work independently as well as collaborate across teams.
- Proven ability to develop strong working relationships and operate with a partnership-focused approach.
Preferred Skills
- CPA
- Public Accounting experience
AI Proficiency Expectations
At National Life Group, we view AI as an enabler of human potential. We use AI to help us work smarter, serve more clients, and keep our promises, while remaining a relationship-driven business where our people are our greatest strength.
All applicants are expected to:
- Leverage approved AI tools, where appropriate, to improve the efficiency, quality, and impact of their work.
- Stay curious and open to new AI-enabled ways of working.
- Exercise sound judgment by reviewing and validating AI-generated content.
- Maintain accountability for the accuracy, quality, fairness, and integrity of work products by adhering to National Life's AI guiding principles.
- Use AI responsibly and in accordance with company policies related to confidentiality, data privacy, security, compliance, retention and intellectual property.
Benefits
- Your benefits start day one and are flexible and customizable to your and your family's specific needs. Check out the BENEFITS of a Career at National Life!
National Life Group® is a trade name of National Life Insurance Company, Montpelier, VT – founded in 1848, Life Insurance Company of the Southwest, Addison, TX – chartered in 1955, and their affiliates. Each company of National Life Group is solely responsible for its own financial condition and contractual obligations. Life Insurance Company of the Southwest is not an authorized insurer in New York and does not conduct insurance business in New York. Equity Services, Inc., Member FINRA/SIPC, is a Broker/Dealer and Registered Investment Adviser affiliate of National Life Insurance Company. All other entities are independent of the companies of National Life Group.
Fortune 1000 status is based on the consolidated financial results of all National Life Group companies.
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National Life Group
1 National Life Dr
Montpelier, VT 05604
