Reinsurance Underwriting Analyst(Junior / Entry-Level)
Position Summary / Job Purpose
The Reinsurance Analyst is an entry-level role designed for a recent graduate interested in building a career in insurance and reinsurance. This position supports the underwriting and reinsurance teams through data extraction, data analytics, reporting, and Excel-based analysis. The role provides exposure to reinsurance structures, broker interactions, and contract documentation processes while developing foundational technical and analytical skills.
Essential Duties & Responsibilities
- Assist with preparation of materials for reinsurance renewals and placements (e.g., data packs, summaries, exhibits).
- Support tracking of facultative and treaty placements, including documentation and data entry.
- Help review incoming broker requests and support the team with data needed for timely responses.
- Support documentation and tracking of reinsurance contracts and placements.
- Aid in data entry into reinsurance systems and maintain data integrity.
- Collaborate with underwriting, finance, and operations teams to ensure smooth workflow and data consistency.
- Extract and compile data from internal systems related to premium, losses, exposures, and reinsurance placements.
- Prepare recurring and ad hoc reports to support underwriting, reinsurance, and finance teams.
- Validate and reconcile data sets to ensure completeness and accuracy across systems.
- Perform basic to intermediate data analysis to support decision-making around reinsurance placements and portfolio performance.
- Analyze trends in premium, loss ratios, and exposure concentrations.
- Prepare data summaries used in treaty negotiations and broker submissions.
- Build and maintain Excel models, including use of: Pivot tables, VLOOKUP/XLOOKUP, Basic formulas and data manipulation.
- Organize and maintain structured datasets to support reporting and analytics.
- Aid in improving reporting efficiency through standard templates and automation.
Qualifications
- Bachelor’s degree required (Finance, Risk Management, Mathematics, Economics, Data Analytics, or related field preferred)
- 0–2 years of experience (e.g., internships, co-ops, or entry-level role)
- Strong academic background with exposure to data analysis, finance, or insurance concepts preferred
Required Skills & Abilities
- Strong Excel skills (required; practical proficiency expected)
- Analytical mindset with the ability to interpret and manipulate data
- High attention to detail and accuracy
- Strong organizational and time management skills
- Basic understanding of business or financial concepts
- Strong written and verbal communication skills
SALARY
The estimated salary range for this position is $65,000.00-75,000.00 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) discount