Senior Reinsurance Analyst

Msig USA; New Jersey; On-site; USD 100,000 - 130,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) with employer match

Job summary

MSIG USA, the US-based subsidiary of MS&AD Insurance Group, is seeking a Reinsurance Accounting Analyst to support monthly close, billing, and data validation for assumed and ceded reinsurance activity.

The successful candidate will work closely with the Director of Reinsurance Accounting and Finance teams to ensure accuracy, timely reconciliations, and effective communication with brokers and reinsurers in a fast-paced environment.

Qualifications

• Bachelor’s degree in accounting or finance is required.
• 5–7 years of related insurance and reinsurance experience.
• Strong attention to detail and deadline-driven.
• Knowledge of reinsurance, claims, and accounting functions.

Responsibilities

• Assist with monthly and quarterly reinsurance accounting Treaty Bordereau billing.
• Review reinsurance data for completeness, accuracy, and proper accounting treatment.
• Assist with the quarterly delegated/program and assumed reinsurance activity on an ongoing basis.
• Process monthly loss billings.
• Prepare and maintain reconciliations, schedules, supporting workpapers, and account analyses.
• Investigate unusual balances and coordinate resolution with internal and external stakeholders.

Skills

Analytical skills

Attention to detail

Time management

Communication skills

Reinsurance knowledge

Education

Bachelor's degree in accounting or finance

Tools

Microsoft Office

Job description

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.

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.

Position Summary

The Reinsurance Accounting Analyst will support the Reinsurance Accounting function in the processing, reconciliation, payment, and collections of assumed and ceded reinsurance activity. This role will work closely with the Director of Reinsurance Accounting and the Team to provide hands‑on support across monthly close activities, reinsurance processing, data validation, and ongoing financial Treaty billing as well as assumed and small claims collections.

The ideal candidate is highly organized, analytical, comfortable working with large volumes of financial data, and able to investigate discrepancies across multiple systems and data sources. This position requires strong attention to detail, follow‑through, and the ability to manage multiple priorities in a deadline‑driven environment.

Key Responsibilities

• Assist with monthly and quarterly reinsurance accounting Treaty Bordereau billing.
• Review reinsurance data for completeness, accuracy, and proper accounting treatment.
• Assist with monthly and quarterly reinsurance accounting Treaty Bordereau billing.
• Review reinsurance data for completeness, accuracy, and proper accounting treatment.
• Assist with the quarterly delegated/program and assumed reinsurance activity on an ongoing basis.
• Process monthly loss billings.
• Prepare and maintain reconciliations, schedules, supporting workpapers, and account analyses.
• Investigate unusual or aged balances and coordinate resolution with appropriate internal and external stakeholders.
• Track outstanding issues and follow up with stakeholders to ensure timely resolution.
• Assist with audit requests and provide supporting documentation as needed.
• Work collaboratively with Finance, Underwriting, Operations, and other business partners.
• Communicate with brokers, reinsurers, and other external parties when necessary to resolve accounting or reporting issues.
• Provide additional support to the Facultative premium booking and payments.

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.