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 Senior Reinsurance Analyst is responsible for reporting and analysis for ceded and assumed reinsurance. Strong reconciliation skills required for validation of ceded payable and assumed recoverable/payable. Provides necessary support for monthly close process, manage assigned accounts, special projects as assigned.
Responsibilities/Essential Functions:
- Calculate and validate ceded reinsurance premiums in reinsurance system.
- Prepare monthly and quarterly bordereaux to report ceded premiums and losses to reinsurers.
- Review reinsurer premium invoices and validate amounts due.
- Manages cash and research discrepancies.
- Resolves payment discrepancies with underwriters and reinsurers.
- Process ceded payments and apply cash receipts in reinsurance as needed.
- Manage assumed book of business, including entry into the reinsurance system, and cash management
- Liaise with other Reinsurance Accounting team members as well as members as members of the Underwriting and Claims departments.
Position Requirements
- Bachelor’s degree in accounting or finance.
- 5-7 years of related insurance and reinsurance experience or equivalent combination of education and experience is required.
- Proficient in Microsoft Office suite.
- Strong attention to detail and able to effectively prioritize multiple tasks to meet deadlines.
- Ability to work both independently and as part of a team. Strong organizational and time management skills are required.
- Strong interpersonal, written and verbal communication skills.
- Knowledge of current principles and practices of reinsurance, claims and accounting functions.
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.
Top Skills
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
