Reinsurance Accounting Specialist

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As a mid or senior reinsurance accounting specialist on the Reinsurance Accounting team, you'll execute and account for low- to medium-complexity reinsurance contracts. In this role, you’ll support financial reporting through journal entry preparation, account reconciliations, and close analyses. You'll monitor contract, accounting, and reporting changes to ensure compliance with internal SOX controls and regulatory requirements. You'll work with large and complex data sets and investigate historical financial information from multiple sources to support accurate reporting and business decisions. You'll collaborate with internal and external partners, research accounting and regulatory guidance, support auditor and examiner requests, and contribute to process improvements that drive accurate, timely, and compliant financial reporting.
This is a remote position for US-based work only. Occasional travel to our corporate headquarters in Mayfield Village, OH is required for meetings and/or training.
In addition to the minimum requirements for the role, the candidate must meet requirements to work in the General Ledger. Those General Ledger requirements include the completion of Principles of Accounting I and II -or- Financial Accounting I and II.
Minimum Qualifications
Bachelor's degree or higher in Accounting or related field of study (e.g. Finance) and a minimum of 2 years of accounting work experience
Preferred Skills
Experience working with quota share and XOL (excess of loss) reinsurance contracts
Experience using Workday, reinsurance systems (e.g., Prima XL), and SAP BusinessObjects
Strong proficiency in Excel and SQL, with the ability to research, analyze, and interpret complex data
Comprehensive knowledge of Schedule F and related reporting schedules
Compensation
$61,300 - $98,700/year
Gainshare annual cash incentive payment up to 24% or 30% (depending on position level) of your eligible earnings based on company performance
Benefits
401(k) with dollar-for-dollar company match up to 6%
Medical, dental & vision, including free preventative care
Wellness & mental health programs
Health care flexible spending accounts, health savings accounts, & life insurance
Paid time off, including volunteer time off
Paid & unpaid sick leave where applicable, as well as short & long-term disability
Parental & family leave; military leave & pay
Diverse, inclusive & welcoming culture with Employee Resource Groups
Career development & tuition assistance
Onsite gym & healthcare at large locations
Energage recognizes Progressive as a 2026 Top Workplace for: Innovation, Purposes & Values, Work-Life Flexibility, Compensation & Benefits, and Leadership.
Equal Opportunity Employer
Applicants must be authorized to work for any employer in the U.S. without the need or potential need, of current or future sponsorship for employment. Progressive does not hire candidates with (e.g., F-1 CPT, OPT, or STEM OPT, H-1B, O-1, E-3, TN) statuses for this role.
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Work arrangement
Yes