Lead SME – Reinsurance Controllership

Job Description

**Title: Lead SME – Reinsurance Controllership**

**Contract Details:**

Location: Boston, MA or Springfield, MA (Remote with travel onsite for QE and YE close)

Duration: 12+ month contract

Start: ASAP

Candidates Considered: USC, GC and H1B candidates

**About the Role**

We are seeking a Lead Subject Matter Expert (SME) to provide technical accounting expertise in reinsurance controllership as part of a major accounting transformation initiative in the insurance industry. This role will focus on reinsurance accounting processes, including design, testing, and validation of accounting treatments, with an emphasis on compliance with GAAP and statutory reporting standards.

The SME will play a critical role in supporting business process design, system testing, and ensuring accurate financial reporting during a large-scale SAP transformation program.

**Key Responsibilities**

– Lead technical accounting efforts for reinsurance controllership , including accounting treatments, settlements, and reporting.

– Define and validate reinsurance accounting processes under GAAP and statutory requirements.

– Partner with project and technology teams to ensure system design aligns with accounting and reporting needs.

– Provide SME support for testing, including business process validation, reconciliations, and data integrity checks.

– Collaborate with Finance, Actuarial, and Technology teams to ensure alignment of reinsurance accounting practices.

– Support change management, training, and adoption of new processes across the controllership function.

– Document accounting policies and provide guidance on reinsurance accounting risks and issues.

**Required Skills & Experience**

– 8+ years of experience in accounting/controllership roles, with a focus on reinsurance accounting .

– Insurance industry experience required ; life insurance reinsurance experience strongly preferred.

– Strong technical knowledge of US GAAP and statutory accounting for reinsurance transactions.

– Experience with SAP FICO (finance/accounting modules) highly preferred.

– Hands-on involvement with SAP R/3 or ECC migrations to S/4HANA is a plus.

– Strong understanding of reinsurance accounting processes, including settlements, ceded and assumed reinsurance, and intercompany reconciliations.

– Ability to support testing and process validation within large transformation projects.

– Excellent communication, problem-solving, and stakeholder management skills.