JobsAccountantUnited StatesAccountant I, Reinsurance
Safety National
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Accountant I, Reinsurance
Safety National · Maryland Heights, Missouri, United States
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In short
The Accountant I will manage reinsurance accounting functions, including processing cash transactions, premium adjustments, and wire transfers. They will also reconcile accounts, prepare financial statements, and assist with month-end closing activities and audit documentation.
What they're looking for
MUST-HAVE SKILLS
ALSO MENTIONED
Candidates should possess a bachelor's degree in Accounting or a related field and demonstrate strong organizational and analytical skills. Proficiency in Microsoft Office and the ability to work effectively in a collaborative, fast-paced environment are essential.
About the employer
Safety National
A leading specialty insurance and reinsurance provider.
Safety National is a leading specialty commercial insurance and reinsurance provider. Providing uninterrupted service to thousands of customers nationwide for over 85 years, the company offers specialized expertise, flexible program and placement design, and unique claims proficiency.
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Safety National exists as the market leader in excess workers’ compensation for self-insured employers and groups nationwide and is a leading multi-line provider of risk solutions for large commercial and public entity clients. The company’s reinsurance division, Safety National Re, offers lead market terms for a full range of workers' compensation and professional liability programs. Since 1942, the company has offered a long-term commitment to its broker partners and insureds, striving to provide top industry expertise, consistency in decision making, exemplary service, and superior outcomes. This approach has led to a broad and loyal customer base, resulting in an extremely high annual customer retention rate. Safety National is rated A++ (Superior) by A.M. Best, which is the highest achievable financial strength rating an insurance company can attain. Less than 3% of all insurance providers have achieved this rating. Safety National is a member of the Tokio Marine Group, which consists of Tokio Marine Holdings, 365 subsidiaries, and approximately 51,000 employees across 57 countries. With assets exceeding $200 billion, the Tokio Marine Group ranks among the top 10 insurance groups globally, and its companies are recognized among the highest-rated in the industry. Safety National is headquartered in St. Louis, Missouri, with additional remote offices in major cities throughout the United States. The company is a multi-year Best Places to Work in Insurance honoree, ranking in in both the insurance providers category and the medium-size employers category.
- INDUSTRY
- Insurance
- COMPANY
- Privately Held
- FOUNDED
- 1942
- SIZE
- 501-1,000
- OPEN HERE
- 2 roles
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Questions about this role
- Is this Safety National role remote?
- Tagged hybrid · 3 days in office.
- What does it pay?
- The posting lists $61,000–$77,500 a year.
- Does it sponsor visas?
- Listed as no visa sponsorship.
- What experience does it ask for?
- Listed as 0-2 years.
The posting, in full
At Safety National, we don’t just offer jobs – we build careers with purpose! Since 1942, we’ve been an industry leader, valuing integrity, teamwork, and stability while providing competitive rewards, top-tier benefits, career growth opportunities, and flexible work options that promote balance. With tuition reimbursement, wellness perks, and a strong community impact, we invest in your success—both personally and professionally. Ready to grow with us? Apply today!
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At Safety National, we don’t just offer jobs – we build careers with purpose! Since 1942, we’ve been an industry leader, valuing integrity, teamwork, and stability while providing competitive rewards, top-tier benefits, career growth opportunities, and flexible work options that promote balance. With tuition reimbursement, wellness perks, and a strong community impact, we invest in your success—both personally and professionally. Ready to grow with us? Apply today!
Follow this link to view all of our available careers and apply: https://www.safetynational.com/careers-page/
This opportunity is in the Accounting & Finance department
Our Accounting & Finance Department is dynamic and collaborative. Providing best-in-class service to our internal and external customers within the expected timeframes, we actively support our co-workers, clients, and community. Many of our managers have a public accounting background or tenure within the industry and are eager to share their spirit and knowledge with our growing team.
Role Description
Are you a detail-oriented accounting professional who thrives on accuracy, organization, and collaboration? Do you enjoy working with financial data, solving problems, and contributing to the success of a dynamic team? If so, Safety National has an exciting opportunity for you to grow your career as an Accountant I, Reinsurance!
In this role, you will play an important part in ensuring the accuracy and timeliness of our reinsurance accounting and financial reporting processes. You will gain valuable exposure to various aspects of reinsurance, including ceded and assumed reinsurance, Loss Portfolio Transfers (LPTs), and fronting business. Working alongside experienced accounting professionals, you will contribute to essential financial operations while developing your knowledge of the insurance and reinsurance industry.
Your day-to-day responsibilities will include maintaining accounting functions within reinsurance systems, posting cash transactions, preparing premium and claims adjustments, and processing reinsurance payments and wire transfers. You will also reconcile general ledger, escrow, and bank accounts; prepare monthly, quarterly, and annual financial statements; and assist with month-end closing activities, including journal entries, invoices, and claims adjustments.
As a valued member of our team, you will prepare financial reports, compile supporting documentation for audits, and collaborate with internal departments and external business partners to ensure accurate and efficient accounting operations. You will also have opportunities to participate in special projects and support evolving business needs.
Your ability to prioritize competing deadlines, maintain exceptional attention to detail, and approach challenges with a positive, solutions-oriented mindset will help you succeed in this role. If you are eager to strengthen your accounting expertise while contributing to a supportive and collaborative environment, we encourage you to apply!
Qualifications:
Education
- A bachelor's degree in Accounting, Business Management, Business Administration, or a related field, or equivalent work experience, is preferred.
Required Qualifications
- Coursework or professional experience in accounting.
- Excellent organizational skills with a high level of accuracy and attention to detail.
- Ability to work independently and collaboratively within a team environment.
- Dependable, motivated, and adaptable, with the ability to maintain a positive attitude in a fast-paced environment with changing priorities.
- Proficiency in Microsoft Office suite, including Excel and Outlook.
- Must be presently authorized to work in the U.S. without a requirement for work authorization sponsorship by our company for this position now or in the future.
- This position allows for a hybrid work schedule which includes a minimum of 3 days per week in our St. Louis Corporate Office, located at 1832 Schuetz Rd. Saint Louis, MO. All employees are required to submit work from home requests and follow our Work From Home policy, which will be provided to all candidates selected to interview.
Preferred Qualifications
- 1 or more years of relevant accounting experience
- Experience in the insurance industry or other similar industry
- Experience with reinsurance accounting, including ceded reinsurance, assumed reinsurance, Loss Portfolio Transfers (LPTs), or fronting business.
- Familiarity with accounting and insurance systems such as PeopleSoft, Freedom, SICs, or ClaimCenter.
- Experience reconciling general ledger accounts, bank accounts, or escrow accounts.
- Experience preparing journal entries, processing financial transactions, and supporting month-end closing activities.
- Familiarity with financial reporting, premium and claims statements, and audit documentation.
Protect the confidentiality, integrity and availability of information and technology assets against unauthorized disclosure, destruction and/or alteration, in accordance with Safety National policies, standards, and procedures.
Safety National is a leading specialty insurance and reinsurance provider. Our culture is built upon relationships, which allow us to demonstrate our expertise gained through our rich 80-year history. As a wholly-owned subsidiary of Tokio Marine, Inc., we appreciate the benefits and support provided by our affiliation with one of the top 10 insurance companies in the world.
Total Rewards That Put Employees First
In our vision to be First with Co-Workers, compensation that includes base salary, holiday bonus, and incentive awards is only a small portion of the comprehensive total rewards package we offer. Our total rewards approach recognizes and rewards the time, talents, efforts, and results of our valued employees. Highlights of our exceptional benefits include generous health, dental, and vision coverage, health savings accounts, a 401(k)-retirement savings match and an annual profit sharing contribution. We proudly offer family forming benefits for adoption, fertility, and surrogacy, generous paid time off and paid holidays, paid parental and caregiver leave, a hybrid work environment, and company-paid life insurance and disability. To support employees in their career journeys, we provide professional growth and development opportunities in addition to employee recognition and well-being programs. Apply today to learn more.
Safety National is committed to fair, transparent pay and we strive to provide competitive, market-based compensation. In our vision to be First with Co-Workers, compensation is only one piece of the comprehensive total rewards package we offer. The target base salary range for this position is $61,000 to $77,500. Compensation for the successful candidate will consider the candidate’s particular combination of knowledge, skills, competencies, experience and geographic location.
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