MSIG North America continues to grow!
Company Overview:
MSIG North America is one of the world’s top ten property/casualty insurance carriers with over 40,000 employees worldwide.
Responsibilities/Essential Functions:
- Responsible for reconciling and validating ceded premiums and losses for reinsurers and reinsurance brokers.
- Review reinsurer premium invoices and validate amounts due.
- Manages cash and research discrepancies.
- Resolves payment discrepancies with underwriters and reinsurers.
- Prepare monthly and quarterly premium and loss bordereaux.
- Effectively and efficiently track reinsurance loss billings.
- Manage overdue amounts and follow up with reinsurers and brokers
- Process ceded payment.
- Apply cash receipts in reinsurance system as needed.
- Participate in Financial Audits and respond to all applicable audit requests timely and accurately.
- Work closely with other Reinsurance Accounting team members, and members of Finance, Underwriting and Claims departments.
Position Requirements
- Bachelor’s degree in Accounting or Finance with 2+ years of experience.
- Property and casualty accounting background/knowledge preferred.
- Proficient in MS Office Suite
- Strong attention to detail
- Effectively prioritize multiple tasks to meet deadlines.
- Work both independently and as part of a team.
- Need strong organizational and time management skills
- Strong interpersonal, written and verbal communication skills are required.
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.
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
