Manager - Reinsurance

March 28

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Lemonade

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Lemonade is an innovative insurance company that offers renters, homeowners, car, pet, and life insurance with a focus on simplicity, affordability, and speed. It has disrupted the traditional insurance model by using technology and artificial intelligence to streamline the insurance process and provide an exceptional customer experience. Lemonade emphasizes transparency and social impact by operating as a Public Benefit Corporation and B-Corp, and it aims to give back profits to causes chosen by its customers. The company is publicly traded on the New York Stock Exchange under the ticker symbol LMND and is highly rated by users and rating platforms for its customer-centered approach.

insurance • Technology • Behavioral Economics • User Experience • Artificial Intelligence

1001 - 5000 employees

Founded 2015

🤖 Artificial Intelligence

🌍 Social Impact

📋 Description

• Review monthly assumed and ceded reinsurance calculations and journal entries • Review monthly contingent commission calculations and journal entries • Ensure ceded billing and bordereaux preparation and reporting are processed and settled accurately and timely • Manage the assumed and ceded analytics • Manage collateral needs and review credit ratings • Act as a subject matter expert on reinsurance policies and procedures • Establish and own reinsurance subledger system logic and features, including reinsurance debtors and creditors ledger • Oversee preparation of reinsurance disclosures for 10-Q/K as well as other US and EU regulatory reporting • Prepare reinsurance forecast • Act as the main finance team contact person with intermediaries and reinsurers • Prepare calculation of cession for CAT’s from exposure data provided by our reinsurance intermediary • Support reinsurance system solution implementation • Advise on reinsurance placement and structure • Work closely with auditors and other stakeholders to ensure compliance and address any issues or concerns • Liaise with internal and external auditors, as necessary, with regards to both the external and internal audits and SOX testing • Maintain and develop documentation for processes, operating controls and SOX controls

🎯 Requirements

• 6+ years experience with P&C reinsurance accounting (preferably for a global company) • 2+ years of people management experience • B.S. in Accounting or Finance • CPA preferred • Experience in identifying and implementing system solutions • Workday ERP system experience preferred • Advanced Excel skills • Practical knowledge of US GAAP (knowledge of IFRS and Statutory Requirements is a bonus) • Adept at developing strong partnerships with key stakeholders both internally and externally • Excellent written and verbal communication skills, with the ability to convey complex information clearly and concisely • Strong analytical and problem-solving abilities with a keen attention to detail • Ability to prioritize tasks and meet deadlines • Ability to work remotely • Enthusiasm about learning and adapting to the exciting world of AI – a commitment to exploring this field is a fundamental part of our culture

🏖️ Benefits

• equity • benefits