# Accounting and Claims Associate

**Company**: Howden Re
**Location**: Edina, MN
**Experience**: entry
**Job type**: full-time
**Salary**: up to $65,000/year
**Category**: Insurance
**Industry**: Insurance

**Apply**: https://hyperiongrp.wd3.myworkdayjobs.com/en-US/hyperion_external/job/Edina--7701-France-Avenue-South/Accounting-and-Claims-Associate_R0019392?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply
**Canonical**: https://yubhub.co/jobs/job_ea72b6a1-d49

## Description

Howden Re is seeking an Accounting and Claims Associate to join their team in Edina, MN. The successful candidate will play a critical role in helping insurance companies protect their futures and the people they insure.

**Job Summary:** As an Accounting and Claims Associate, you will work with clients who have suffered a loss and collaborate with reinsurers to see claims through to conclusion, ensuring clients receive funds.

**Primary Responsibilities:**

- Receive and forward initial loss notices, loss status updates, and proofs of loss to applicable reinsurers

- Confirm coverage under treaty review contract wording for retention & limit, LAE treatment, loss reporting requirements, loss attachment basis, etc.

- Prepare and review loss calculations to ensure accuracy and compliance with contract terms

- Process claims transactions in accounting and claims system

- Track reinsurer settlements, follow up for payment as necessary, and forward collected funds to clients

- Attend client claims audits as needed

- Perform 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, requesting 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

- Assist clients with calculation of Schedule F funding requirements and obtain Letters of Credit from Reinsurers

- Promptly forward 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 maintaining the reinsurer database

**Qualifications:**

- Bachelor's or Associate's degree graduating between December 2026 and May 2027

- Minimum GPA of 3.0

- Proficient with Microsoft Office products, including Excel

- Proven team player with excellent communication skills, outstanding organizing abilities, and strong attention to detail

- Solid analytical acumen and understanding of accounting and financial reporting principles

- Legally authorized to work in the US

**What We Offer:** A career that you define, with an environment where new ideas are encouraged and celebrated. We provide opportunities for career and personal development, unlocking new value for clients, fostering long-term partnerships, and using the collective power of Howden to change how the world sees risk and insurance.

## Skills

### Required
- Microsoft Office
- Excel
- accounting
- financial reporting

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Source: [Apply at hyperiongrp.wd3.myworkdayjobs.com](https://hyperiongrp.wd3.myworkdayjobs.com/en-US/hyperion_external/job/Edina--7701-France-Avenue-South/Accounting-and-Claims-Associate_R0019392?utm_source=yubhub.co&utm_medium=jobs_feed&utm_campaign=apply)