Reinsurance Accountant

Why work at MGIC?

Are you someone who wants to play a critical role in our company’s success? Do you enjoy solving puzzles and finding a better way to get things done? Are you someone who likes to Take The Lead and make an impact? If so, then imagine yourself at MGIC. At MGIC we are a team of dedicated professionals on a fearless mission. A team that fosters a culture of career development and continuous learning opportunities to help you rise to new heights. We are passionate about providing outstanding customer service and making a difference in our community. #WeAreMGIC

REINSURANCE ACCOUNTANT JOB POSTING:

This position is based in Milwaukee, WI. Hybrid environment 3 days in office, 2 days remote.

How will you make an impact?

As a reinsurance accountant, 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.

This is accomplished by:

Being responsible for all processes related to the cession and assumption of premium and/or losses in compliance with MGIC’s reinsurance programs Generating monthly and quarterly reports for analysis of reinsurance premiums, losses, and exposure, etc. for use by management and reinsurers Obtaining an 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 Performing monthly analysis and reconciliation of designated general ledger accounts. Analyzing and researching variances as well as providing logical/concise explanations for variances and/or fluctuations in a timely manner Working with internal and external auditors by preparing replies to inquiries Ensuring accurate reinsurance and accounting control procedures are maintained

Do you have what it takes?

CPA license a plus Experience: More than 2 years of accounting, reinsurance or analytical experience Knowledge of Generally Accepted Accounting Principles and Statutory Accounting Principles.

You might be a good fit if you:

Like to learn new technologies Are a self-starter and team player Can manage complexity Have experience working with cross functional departments to research and resolve issues

What you can learn on the job:

Mortgage Industry Experience Various Reinsurance Structures Reinsurance System Workday

Enjoy these benefits from day one:

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

For additional information about MGIC and to apply, please visit our website at www.mgic.com/careers.

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