Louis Kiernan

I am a seasoned reinsurance professional with twenty-five years of property and casualty accounting experience. 

I provide financial analysis, ensure compliance with accounting standards and regulations, process complex accounts, and manage cash. I apply advanced Excel Pivot Tables and VLOOKUP to premium and claims bordereaux, verifying data falls within the parameters of the appropriate contract.

I build and maintain strong positive relationships with financial managers, underwriters, actuaries, claims examiners, brokers, and cedents.

SCOR Reinsurance, Chicago, IL

Senior Reinsurance Accountant | 2012–2025

• Managed complex property and casualty excess of loss and quota share reinsurance agreements.
• Performed in-depth analysis of treaty contracts to ensure the reasonableness and accuracy of financial and claims accounts. Reported changes in Gross Earned Premium Income (EGPI) and loss ratios to underwriters.
• Calculated premium, ceding commission, brokerage, premium adjustment, profit and sliding scale commissions, retro rated adjustments, no claims bonus, aggregate stop loss, reinstatement premium, portfolio transfer, loss corridor, letters of credit and funds held collateral.
• Reported and processed claims accounts including aggregate stop loss and reinstatements. Applied Excel pivot tables and vlookup, to analyze bordereaux and identify unusual or significant activity including large and catastrophic, (CAT), losses and material changes in reserves.
• Analyzed premium data from cedent bordereaux. Verified that reporting fell within the parameters of the contract including underwriting year and lines of business. 
• Processed accounts, creating exhibits with invoices and support to document completed work. Maintained accurate storage of relevant accounting documents in records database.
• Built close working relationships with financial management, underwriters, actuaries, claims examiners, brokers, and cedents. 
• Verified and processed time sensitive cash call loss payment requests. Then followed up with brokers for reimbursement releases per contractual wording.
• Responsible for accounts receivable, accounts payable, and retrieving missing accounts from brokers and cedents. Prepared cash disbursements in settlement of account balances.
• Prepared quarterly, year-end, and ad hoc financial reports for senior management. Assisted with special projects.
• Documented internal control metrics and provided auditors with requested exhibits. 

Reinsurance Consultant | 2009–2012

Facilitated the transition of reinsurance billing and collections, claims reporting, and premium and tax collection from Aon Insurance to Berkshire Hathaway Inc.

Aon Insurance Corporation, Chicago, IL

Reinsurance Analyst | 2001–2009

• Managed property and casualty and workers' compensation reinsurance treaties.
• Reconciled premium, claims, loss reserves, and taxes.
• Ensured accuracy and timeliness of reports and workflow distribution in compliance with Sarbanes-Oxley requirements.
• Calculated ceding commissions, premium adjustments, and letters of credit.
• Supplied critical year-end financial data for the annual statement and insurance schedules F and P.
• Cultivated strong internal and external relationships, including collaboration with managing general underwriters, claims examiners, actuaries, brokers and third-party administrators.
• Joined company team to bid on state workers compensation assigned risk programs of the National Council on Compensation Insurance, (NCCI).
• Designed an assigned risk Excel-based return-on-investment bidding tool to estimate costs and risks based on operational data and actuarial models.
• Created an MS Visio workflow model to help streamline the generation of NCCI workers comp reports and improve team communication.

Bachelor of Arts in History

University of Chicago