Upland Capital Group, Inc. is an AM Best rated “A-” VIII specialty property/casualty insurer headquartered in Dallas, Texas. Through its wholly owned insurance carrier, Upland Specialty Insurance Company, the company markets, underwrites and services specialty insurance products in select markets to include excess transportation, construction casualty, excess casualty, primary general liability, excess public entity, professional liability errors and omissions as well as excess cyber liability.  

We focus on “old school” underwriting as a craft, add “new school” analytics and technology, and encourage a gritty, growth mindset among people called “we entrepreneurs.”

As an Excess and Surplus (E&S) carrier, we face unique and interesting problems every day. We are seeking a Reinsurance Accounting Manager to join our specialty insurance company.

Primary Function:
We are looking for a Reinsurance Accounting Manager to join a specialty insurance company built on experience.  The Reinsurance Accounting Manager is responsible for overseeing all accounting functions related to ceded and assumed reinsurance.  This position plays a critical role in ensuring accurate financial reporting, managing reinsurance transactions, monitoring treaty compliance, and collaborating with internal and external stakeholders including, reinsurers, auditors, and regulators.  The ideal candidate will possess strong analytical skills, a deep understanding of reinsurance principles, a high level of knowledge related to Sapiens Reinsurance Pro software, and the ability to manage multiple priorities in a fast-paced environment.

Duties and Responsibilities:

• Analyze reinsurance treaty terms and structures to ensure proper financial treatment and compliance.  Manage the contract and attachment group setup in Reinsurance Pro software at treaty renewal or new treaty inception
• Identify and implement process improvements to enhance efficiency and accuracy in reinsurance accounting
• Manage the recording of reinsurance premiums, claims, commissions, and other related transactions (both ceded and assumed).  This includes ensuring accurate and timely settlements with reinsurance brokers and managing the flow of data into and out of financial systems
• Interact and collaborate with other departments on a regular basis
• Mentor and lead a team of reinsurance accountants, providing guidance and training

Other Essential Duties include but not limited:

• Prepare and review monthly, quarterly, and annual financial statements and related schedules, ensuring accuracy and compliance with US GAAP, statutory accounting, and other relevant regulations
• Oversee key processes including the preparation of Schedule F
• Monitor letters of credit and trust accounts to assure appropriate coverage is in place
• Assist and provide documents related to financial audits and regulatory exams
• Maintain procedures for assigned tasks and update periodically as controls are implemented
• Perform other duties or projects as assigned

Experience, Education, Special Skills Required:

• Strong analytical and problem-solving skills, with the ability to analyze complex reinsurance contracts and transactions
• Ability to interpret complex reinsurance treaty language
• Demonstrated ability to lead and mentor a team, providing guidance and support
• Ability to multitask and adapt quickly to high priority assignments
• Excellent written and oral communication skills
• Proficient at prioritizing and managing multiple assignments and deadlines
• Exceptional organizational skills
• Bachelor’s degree in accounting, or equivalent
• Minimum 5+ years of reinsurance accounting experience with a property and casualty insurance company
• Knowledge of various forms of reinsurance, contracts, and complex calculations
• Proficiency in Sapiens Reinsurance Pro software
• Proficiency in Microsoft Excel, Word, and PowerPoint
• Working knowledge of a major general ledger system

Disclosures:

Pay Estimate:$115k - $145k/year

Other compensation: annual incentive program

Benefits: health insurance including FSA and HSA options and free access to Teladoc, vision, dental, disability and life insurance, parental leave, responsible time off (unlimited vacation days without an accrual system), paid sick time as required by law, 401(k), tuition reimbursement and employee assistance program.

Anticipated close date: July 15, 2025