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Reinsurance Accountant

US-IA-Cedar Rapids


UFG can offer you an award-winning workplace and a trustworthy, financially-stable company. While we’ve always known our commitment to employees and financial stewardship, it is good to have others recognize our dedicated efforts. UFG was named to the “2017 Top Workplaces” list by The Des Moines Register, and was also included on the Forbes’ America’s Most Trustworthy Financial Companies” list for 2015, 2016 and 2017. Additionally, UFG is a super-regional property and casualty insurer rated “A” (Excellent) by A.M. Best Company.


The Reinsurance Accountant is responsible for creating, developing, analyzing and maintaining data used in the preparation of financial statements, examinations, regulatory reporting, and reinsurance contract renewals, and claim recoveries from reinsurers as determined by specific reinsurance contracts in force at time of loss.

  • Maintain reinsurance records for all companies within the group.
  • Prepare annual statement reinsurance schedules and exhibits for the group.
  • Prepare monthly and annual reports for statement reporting.
  • Excess reinsurance recording, calculation and collection.
  • Prepare reconciliations.
  • Work with auditors & examiners to supply needed information.
  • Monitor reinsurance claims and premiums
  • Report and support catastrophe recoveries to reinsurers and follow up on collections.
  • Use experience and knowledge to contribute to various related areas as the need arises

  • Four-year degree in accounting, business, or finance.
  • Have or willingness to acquire Associate in Reinsurance (ARe) and Chartered Property Casualty Underwriter (CPCU).
  • Insurance background, experience with reinsurance helpful, underwriting knowledge helpful
  • Effective written and verbal communication skills.

UFG Career Opportunities

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Equal Opportunity Employer

UFG is an equal opportunity employer. All qualified applicants will receive consideration and will not be discriminated against on the basis of race, gender, sexual orientation, gender identity, disability, protected veteran or any other protected status. If you need a reasonable accommodation for any part of the employment process, please email to provide the nature of your request. Only inquires for an accommodation will be responded to. For more information on rights protecting job applicants, click here: Equal Employment Opportunity (EEO), Employee Polygraph Protection Act (EPPA), Family and Medical Leave Act (FMLA).

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