Craig Robinson
Reinsurance Sales Engineer
StoneRiver
How did your year-end closing go? Work any weekends or overtime completing your statutory filings? Was schedule F or P a real bear this year?
I know how most people answer these questions as I was a reinsurance accountant for many years. Putting together Schedule F and P can take up many long nights and weekends and can be a very tedious job. My saving grace was when I bought an automated reinsurance accounting management tool. It automatically prepared all of Schedule F and P as well as supported other pages.
Did you know something like this existed? I didn’t before I bought one. If you haven’t already looked into or bought a tool that automatically identifies and calculates your cessions automatically, including the automatic preparation of Schedule F and P, I strongly recommend you look into one. Now is the perfect time: You can research, acquire and implement one before another year of long weekends and overtime!