Accountant (ENTRY LEVEL)

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Warren, NJ
Insurance • Financial Services
The Role

MSIG North America continues to grow! 

Summary/Job Purpose:

Accountant prepares month-end general ledger close journal entries and supporting reconciliations. Performs monthly, quarterly and annual financial statement reporting using available technology. Drafts internal financial reports and supporting analytics for division management. Supports special projects and corporate initiatives.

Essential Functions:

  • Records underwriting activity (programs) from external sources on a quarterly basis; this includes journal entry preparation, account reconciliations and researching and documenting all fluctuations.
  • Review documents/spreadsheets related to underwriting activity from external sources prepared by outsourcing partners and communicate results of this review.
  • Preparation of regulatory reporting schedules for NAIC Annual Statement for three insurance companies including: Page 14s, Schedule P for assigned programs, Jurat pages, Combined annual statement schedules  and other schedules as assigned.
  • Preparation of regulatory reporting schedules for NAIC Quarterly Statement for three insurance companies including: Part 3 for assigned programs, by line and by state schedules, Jurats and other schedules as assigned.
  • Participate in Financial Audits and respond to all applicable audit requests timely and accurately.
  • Prepare all assigned state annual/quarterly statement filing requirements.
  • Process ceded payments when due through internal payment system. 
  • Apply cash receipts/payments in reinsurance system as needed.
  • Document and maintain all procedures documentation for assigned responsibilities.
  • Participate in special projects as needed.

Qualifications:  To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education and Experience Required: 

  • Bachelors Degree in Accounting required
  • Minimum of 3 years of accounting experience required
  • Property and casualty insurance experience preferred

It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group!  
It is the policy of MSIG-NA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG-NA will provide reasonable accommodations for qualified individuals with disabilities.

The Company
New York, New York
644 Employees
On-site Workplace

What We Do

MSIG USA is the partner that businesses rely on for creative, customized insurance solutions. Owned by a global P&C carrier with an A+ rating and a 300-year heritage, MSIG USA helps protect leading businesses across a wide range of industries. The company’s financial strength and deep capacity enable it to cover a wide range of risks and deliver responsive, personalized service through a nationwide team. MSIG USA is admitted in all P&C lines in all 50 states, the District of Columbia, and Puerto Rico.

MSIG USA is the marketing name used to refer to certain underwriting subsidiaries of MSIG Holdings (U.S.A.), Inc. (“MSIGH”), and its subsidiary companies. U.S. Companies Only: MSIG insurers are subsidiaries of Mitsui Sumitomo Insurance Company, Limited, a member of MS & AD Insurance Group. MSIG refers to the insurers underwriting coverage: Mitsui Sumitomo Insurance Company of America, Mitsui Sumitomo Insurance USA Inc. and MSIG Specialty Insurance USA Inc

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