Reinsurance Accounting & Claims Handling Analyst

About the role

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

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

Qualifications

Successful candidates will possess the following skills/capabilities:

• Bookkeeping and/or accounting experience
• 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

Pay

The base salary anticipated for this position is $56,000, plus opportunity for company bonus based upon a percentage of eligible pay. The salary range applies to the Company's Princeton, NJ location. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.

Benefits

The company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO).

Insurance benefits offered:

• Two options for your health insurance plan (PPO or High Deductible)
• Prescription drug coverage (included in your health insurance plan)
• Vision and dental insurance plans
• Additional insurance coverages provided at no cost to you, such as basic life insurance equal to 1x annual salary and AD&D coverage that is equal to 1x annual salary
• Short and Long Term Disability coverage
• Supplemental Life and AD&D plans that you can purchase for yourself and dependents (includes Spouse/domestic partner and children)
• Voluntary Benefit plans that supplement your health and life insurance plans (Accident, Critical Illness and Hospital Indemnity)

Additional benefits include:

• A robust 401k plan with up to a 5% employer match
• A retirement savings plan that is 100% company funded
• Paid time off that begins with 24 days each year, with more days added when you celebrate milestone service anniversaries
• Eligibility to receive a yearly bonus as a Munich Re employee
• A variety of health and wellness programs provided at no cost
• Paid time off for eligible family care needs
• Tuition assistance and educational achievement bonuses
• A corporate matching gifts program that further enhances your charitable donation
• Paid time off to volunteer in your community