Reinsurance Accounting & Claims Handling Analyst

Company
Munich Re America Services
Location
Princeton , United States

Reinsurance Accounting & Claims Handling Analyst

 

We’re adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients. 

The Company

As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.
 
The Opportunity

Future focused and always one step ahead

The Reinsurance Accounting & Claims Handling Analyst is responsible for the timely and accurate recording of client company contract, premium and loss related information into the Company’s global reinsurance systems.  Requires the ability to work with and analyze client reported data received in various levels of detail and formats. 

 

Responsibilities for this role will primarily focus on handling the following accounting related tasks with guidance and in accordance with agreed upon best practices, policies and procedures, and/or service level agreements:

 

 - Record client account statements in a timely and accurate manner

 - Investigate and resolve open payable/receivable balances

 - Prepare result dependent condition calculations

 - Processing payment transactions (incoming and outgoing) in accordance with contract terms

 - Accurately capture terms and conditions into global systems with guidance

 - Resolve quality assurance tasks or questions

 - Research and reconcile accounting matters related to statements of account

 - Participate in quarter close process

 - Participate in projects when needed

Successful candidates will possess the following skills/capabilities: 
 

Associates or Bachelor’s Degree, preferably in Accounting, Finance, Mathematics, Computer Science, Data Science/Analytics or equivalent experience.

 

• Strong attention to detail, time management and decision-making skills
• Interpersonal skills including verbal and written communication, relationships and teamwork
• Solid math and analytic skills
• Proficiency with Microsoft Office (Outlook, Word, Excel) which includes the ability to learn new and complex computer system applications Data manipulation and analysis. Excel required

 

At Munich Re US, we see Diversity and Inclusion as a solution to the challenges and opportunities all around us. Our goal is to foster an inclusive culture and build a workforce that reflects the customers we serve and the communities in which we live and work. We strive to provide a workplace where all of our colleagues feel respected, valued and empowered to achieve their very best every day. We recruit and develop talent with a focus on providing our customers the most innovative products and services.   

We are an equal opportunity employer. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.