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Senior Reinsurance Analyst

MSIG USA · Warren, Michigan, US

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 carrie...

Job description

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 re...