Reinsurance Accounting Manager

MSIG USA continues to grow! 

Company Overview:

MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks.

The Reinsurance Accounting Manager will oversee all aspects of reinsurance accounting and reporting . This role ensures accurate financial reporting, compliance with regulatory requirements, and effective management of ceded and assumed reinsurance transactions. The Manager will serve as a key liaison between internal stakeholders, reinsurers, brokers, and auditors, while leading a small team of analysts to support the company’s reinsurance strategy.

Key Responsibilities

• Reinsurance Accounting & Reporting

  • Manage ceded and assumed reinsurance accounting, including treaty and facultative agreements.

  • Ensure timely and accurate booking of premiums, commissions, losses, and recoverables.

  • Prepare monthly, quarterly, and annual reinsurance financial statements and reconciliations.

• Compliance & Controls

  • Maintain compliance with US GAAP, statutory accounting principles (SAP), and regulatory requirements.

  • Support external and internal audits, providing documentation and explanations as needed.

  • Implement and monitor internal controls to safeguard reinsurance assets and liabilities.

• Operational Oversight

  • Lead and mentor a team of reinsurance accounting staff.

  • Collaborate with underwriting, claims, actuarial, and finance teams to ensure accurate reinsurance data flow.

  • Manage relationships with reinsurers and brokers, resolving discrepancies and ensuring timely settlements.

• Strategic Support

  • Provide insights on reinsurance program performance and financial impacts.

  • Assist in the evaluation of new reinsurance structures and contracts.

  • Contribute to process improvements and system enhancements for efficiency and accuracy.

• Bachelor’s degree in Accounting, Finance, or related field (CPA preferred).

• 7+ years of progressive experience in insurance or reinsurance accounting, with at least 3 years in a managerial role.

• Strong knowledge of property & casualty insurance and reinsurance principles.

• Proficiency in US GAAP and SAP accounting standards.

• Experience with reinsurance systems (e.g., SICS, SAP, or similar) and advanced Excel skills.

• Excellent analytical, organizational, and communication skills.

• Ability to manage multiple priorities in a fast-paced environment.

Why Join MSIG USA?

At MSIG USA, strength comes from experience — and vision. Backed by a 350-year global legacy, we are forging a path forward in specialty insurance with the same stability and discipline that define our foundation. We are focused on innovation that matters: data-driven, client-focused, and built for long-term impact.

You’ll join a company that values performance, integrity, and purposeful growth. Your role here is more than a job — it’s a commitment to delivering excellence alongside a high-performing,

collaborative team.

Competitive Compensation Package includes:

Competitive salary commensurate with experience along with a performance-based bonus

SALARY: The estimated salary range for this position is $130,000 to $160,000 per year. This is a good-faith assessment of the salary range for this position only. In determining the actual salary within this range, MSIG USA will consider a candidate’s relevant experience, location, and other job-related factors.

Additional Benefits:  

Healthcare and Retirement Benefits

• Comprehensive medical, dental, and vision coverage
• 401(k) with a generous employer match and profit-sharing contribution
• Wellness incentive program
• Life and accidental death and dismemberment (AD&D) insurance
• Flexible spending programs
• Short-term and long-term disability plans

Additional Benefit Programs

• Paid time off program
• Paid charitable leave
• Paid parental leave
• Tuition reimbursement program
• Personal insurance (auto/homeowners) discounts

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 USA 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 USA will provide reasonable accommodations for qualified individuals with disabilities.