2027 Accounting and Claims Associate
Howden Re
Edina, MN0–2 yrs12m agovia LinkedIn
This job at a glance
- Who can apply
- New grads and up to 2 years · Bachelor's degree
- Must know
- AccountingAuditingBudgetingExcelMicrosoft Office
- Work
- On-site in Edina
- Pay
- Not stated by the employer.
- Skill demand
- Accounting95%Excel68%Auditing54%Budgeting17%of 107 similar entry-level jobs posted in the US this week
- Listed
- Nov 11, 2026 · still open
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About the Role
- Full-time role: Accounting and Claims Associate
- Location: Edina, MN
- Compensation: up to $65,000/year
- Deadline to apply: Wednesday, November 18th, 2026
Key Responsibilities
- Receive initial loss notices, loss status updates, and proofs of loss from clients and forward to applicable reinsurers.
- Confirm coverage under treaty review contract wording for retention & limit, LAE treatment, loss reporting requirements, loss attachment basis, etc.
- Prepare/review loss calculations to ensure accuracy and compliance with contract terms.
- Process claims transactions in the accounting and claims system.
- Track the status of reinsurer settlements, periodically following for payment as necessary; promptly forward collected funds to the client.
- Attend client claims audits as needed.
- Perform all reinsurance accounting functions for selected client accounts and provide backup coverage for other accounts as needed.
- Review new contract wordings for key terms and input into the accounting and claims system.
- Monitor contractual reporting and payment due dates and request premiums and accounts from clients to ensure timely receipt.
- Prepare reporting forms and adjustment calculations for client use as needed.
- Review client accounts and adjustment calculations for accuracy and compliance with contract terms; process accounting transactions in the accounting and claims system.
- Assist clients with the calculation of their Schedule F funding requirements and obtain Letters of Credit from Reinsurers, ensuring that all beneficiary requirements are met and documents are received prior to the company deadline.
- Promptly forward all funds to payees in a timely manner.
- Monitor brokerage revenue forecast and update as needed.
- Monitor approval status of reinsurers and obtain approval of new reinsurers as needed.
- Assist in the maintenance of the reinsurer database.
Qualifications
- Bachelor's or Associate's Degree graduating between December 2026 to May 2027.
- Minimum GPA of 3.0.
- Proficient with Microsoft Office Products, including Excel.
- Proven team player.
- Excellent communication skills.
- Outstanding organizing abilities.
- Strong attention to detail.
- Solid analytical acumen.
- Understanding of accounting and financial reporting principles.
- Legally authorized to work in the US.