Senior Reinsurance Analyst

MGIC • Milwaukee, WI

129d • $85,840 - $145,930

About The Position

As a Senior Reinsurance Analyst, you will be a part of the Reinsurance team that is responsible for monitoring, managing, and reporting on our reinsurance agreements, as well as providing analytical information to Finance leaders to aid in their decision-making processes. You will also assist in the compilation of our regulatory reporting. This is accomplished by: Being responsible for processes related to the cession and assumption of premium and/or losses in compliance with MGIC’s reinsurance programs. Generating monthly, quarterly, and ad hoc reports for analysis of reinsurance premiums, losses, and exposure, etc. Being responsible for preparing analyses, detailed schedules, reports, and other related documentation, including reports to reinsurers, management companies, government regulators, and senior management. Obtaining a strong understanding of the reinsurance system. Providing assistance as needed on any enhancements or upgrades to the reinsurance system. Obtain an understanding of MGIC’s reinsurance function and its relation to other departments as well as understanding our reinsurance programs. Serving as a resource and primary support for requests and questions related to our reinsurance programs as well as working with internal and external auditors by preparing replies to inquiries. Ensuring accurate reinsurance and accounting control procedures are maintained.

Requirements

• CPA license a plus.
• More than 5 years of recent experience in accounting, finance, analytics, or reinsurance.
• Knowledge of SAS report writing.
• Knowledge of Generally Accepted Accounting Principles and Statutory accounting principles a plus.
• Knowledge of state insurance regulations and SEC regulations a plus.

Nice To Haves

• Interest in learning new technologies.
• Self-motivated and resourceful.
• Experience working with cross-functional departments.
• Good problem-solving and analytical skills.

Responsibilities

• Monitor, manage, and report on reinsurance agreements.
• Provide analytical information to Finance leaders.
• Assist in the compilation of regulatory reporting.
• Manage processes related to the cession and assumption of premium and/or losses.
• Generate monthly, quarterly, and ad hoc reports for analysis.
• Prepare analyses, detailed schedules, and reports for various stakeholders.
• Understand the reinsurance system and assist with enhancements.
• Serve as a resource for reinsurance program inquiries.
• Work with internal and external auditors.

Benefits

• Competitive Salary & pay-for-performance bonus.
• Financial Benefits (401k with company match, profit sharing, HSA, wellness program).
• On-site Fitness Center and classes (corporate office).
• Paid-time off and paid company holidays.
• Business casual dress.

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 501-1,000 employees