Senior Reinsurance Analyst

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.

SALARY: The estimated salary range for this position is $100,000.00 - $130,000.00 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.