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Global Chief Claims Officer, Reinsurance
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Staff Accountant I
MMC, Urbandale
Marsh & McLennan is seeking candidates for the following position based in the Urbandale office:Staff Accountant IWhat can you expect?Dynamic culture and collaborative team environmentExcellent training plan which will set you up for successOpportunity to make an impact in a dynamic role, in which no two days are the sameWhat is in it for you?Opportunity to grow your knowledge of the industry, through partnership with various internal stakeholdersExcellent opportunities for long-term growth within the companyOpportunity to work for a leading global company with great benefitsWe will count on you to:Prepare journal entries, money moves, payments, billing, administrative system accounting reports and/or consolidated statements.Analyze and maintain the general ledger accounts and/or client insured records.Prepare and analyze various accounting reports including variances to forecast, budget and prior year; may coordinate revenue and expense accruals; ensure timely and accurate monthly and quarterly close; Perform variation and trend analysis for key general ledger accounts or reports; apply funds to insured records; process refunds to insured records; request payments for carriers and third parties. Findings may be presented to senior management, partners, carriers or clients.Assist with the development, implementation and documentation of internal and external accounting and operating policies, procedures and process improvements for general accounting functions.Ensure compliance with corporate policies, carrier agreements, SOX procedures, SSAE16 procedures, tax regulations, local GAAP and US GAAP and local statutory regulations (as applicable) regarding financial matters.What you need to have:Associates degree or equivalent experience1-3 years of experienceIntermediate to Advanced proficiency with MS ExcelAnalytical and problem-solving mind-setStrong communication skills, both written and verbalWhat makes you stand out:Bachelors degree in finance, accounting, or related disciplineMarsh McLennan(NYSE: MMC) is the world's leading professional services firm in the areas ofrisk, strategy and people. The Company's 85,000 colleagues advise clients in 130 countries.With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses.Marshprovides data-driven risk advisory services and insurance solutions to commercial and consumer clients.Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and well being for a changing workforce. Oliver Wymanserves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit marshmclennan.com, or follow us onLinkedInandX.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law.If you have a need that requires accommodation, please let us know by contacting [email protected] McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.#LI-AT5
Staff Accountant II
MMC, Urbandale
Marsh & McLennan is seeking candidates for the following position based in the Urbandale office:Staff Accountant IIWhat can you expect?Collaborative team environment with opportunity to learn and work alongside experienced accounting professionals.Opportunity to explore the operational side of accounting.Excellent training plan to set you up for success in the position.What is in it for you?Competitive benefits including medical, dental, vision, and 401k.Generous paid time off including vacation and sick leave, as well as one annual corporate volunteer day.Excellent opportunities for professional development and career growthOpportunity to identify and deliver process improvements to improve the efficiency of the accounting function.We will count on you to:Apply cash and perform regular bank reconciliations.Research any variances in the general ledger.Verify work of and provide guidance and training to less experienced team members.Ensure compliance with corporate policies, carrier agreements, SOX procedures, SSAE16 procedures tax regulations, local GAAP and US GAAP and local statutory regulations (as applicable) regarding financial matters.Assist in the development and implementation of internal accounting policies, procedures, and process improvements for general accounting functions.Apply and balance funds to insured records; process refunds to insured records; request payments for carriers and third parties. Prepare higher level of reconciliations between administrative systems and other sources and present findings to a senior manager.What you need to have:Bachelor's degree or equivalent work experienceAdvanced proficiency with MS ExcelPrior accounting experience (3+ years preferred)Strong communication skills both written and verbal.What makes you stand out:Proficiency with MS AccessProficiency with VBAMarsh McLennan(NYSE: MMC) is the world's leading professional services firm in the areas ofrisk, strategy and people. The Company's 85,000 colleagues advise clients in 130 countries.With annual revenue of over $20 billion, Marsh McLennan helps clients navigate an increasingly dynamic and complex environment through four market-leading businesses.Marshprovides data-driven risk advisory services and insurance solutions to commercial and consumer clients.Guy Carpenter develops advanced risk, reinsurance and capital strategies that help clients grow profitably and pursue emerging opportunities. Mercer delivers advice and technology-driven solutions that help organizations redefine the world of work, reshape retirement and investment outcomes, and unlock health and well being for a changing workforce. Oliver Wymanserves as a critical strategic, economic and brand advisor to private sector and governmental clients. For more information, visit marshmclennan.com, or follow us onLinkedInandX.Marsh McLennan is committed to embracing a diverse, inclusive and flexible work environment. We aim to attract and retain the best people and embrace diversity of age background, disability, ethnic origin, family duties, gender orientation or expression, marital status, nationality, parental status, personal or social status, political affiliation, race, religion and beliefs, sex/gender, sexual orientation or expression, skin color, veteran status (including protected veterans), or any other characteristic protected by applicable law.If you have a need that requires accommodation, please let us know by contacting [email protected] McLennan is committed to hybrid work, which includes the flexibility of working remotely and the collaboration, connections and professional development benefits of working together in the office. All Marsh McLennan colleagues are expected to be in their local office or working onsite with clients at least three days per week. Office-based teams will identify at least one "anchor day" per week on which their full team will be together in person.
Claims Adjuster - Professional Liability Malpractice and/or Cyber Liability
Aspen Insurance Group, Jersey City
Claims Adjuster - Professional Liability Malpractice and/or Cyber LiabilityRemote within 50 miles of Jersey City, NJPermanent - Full TimeAbout usSince Aspen was founded in 2002, we have become a leading, diversified specialty insurance and reinsurance company. We respond thoughtfully and creatively to find the best outcomes for our clients and business partners through carefully-tailored solutions.We believe the way we work is just as important as the work we do, and we are guided by our core values of respect, honesty, trust and professionalism.Aspen is a great place to develop your career offering an exciting and challenging environment where achievement is rewarded.The roleJoin Aspen and Transform the World of Claims Handling!Are you ready to make a real impact on the world of insurance and reinsurance? At Aspen, we've been leading the industry since 2002 with our innovative and tailored solutions, driven by our core values of respect, honesty, trust, and professionalism. We believe that our work environment is just as crucial as the work we do, and we reward achievement in our exciting and challenging atmosphere.Now, we're looking for a Claims Adjuster with a focus on professional liability malpractice and/or cyber liability claims to join our dynamic team. As a key player in our organization, you will have the opportunity to evaluate and process claims estimates and paid claims values with accuracy and efficiency, ensuring that we provide unparalleled service to our clients and business partners. Your expertise and passion for handling complex claims in a professional manner will make a real difference in our pursuit of excellence.But that's not all - we offer a workplace where your talent and skills are celebrated, and your dedication is truly valued. You'll be working alongside some of the brightest minds in the industry, fostering meaningful relationships with both internal and external stakeholders. Your investigative skills, negotiation prowess, and in-depth experience in specialized and complex claims environments will be put to the test, and you'll thrive in this environment of growth and collaboration.If you're looking to advance your career in the world of claims handling and be a part of a company that recognizes and rewards your achievements, then Aspen is the place for you. Join us on our journey to transform the insurance landscape, and together, we'll shape a brighter future for our clients, our industry, and ourselves. Take the leap, and let's make an extraordinary impact together!Are you ready to revolutionize claims handling? Apply now and be a part of the Aspen team!Key accountabilities• Handle Professional Liability and/or Cyber Liability Claims.• Evaluate exposures and make substantive claim decisions.• Review and provide coverage, liability, and damage analysis for a variety of complex professional liability claims, including claims against attorneys, accountants, architects & engineers, and insurance agents, as well as first- and third-party cyber liability claims.• Proven ability to provide coverage, liability, and damages analysis for complex professional liability and/or cyber claims.• Ability to proactively identify trends and exposures.• Support underwriting with legal review and policy drafting.• Support the implementation of the Claims strategy to enable delivery of overall business targets.• Investigate and resolve complex Claims of a specialist nature in a professional manner in order to provide excellent Claims handling service with minimal leakage.• Proactively manage estimates and billings in a timely manner.• Identify and investigate coverage issues to ensure that the company's liability is in line with its contractual commitments and to communicate with relevant stakeholders.• Identify subrogation, contribution and other recovery issues, and ensure that these are successfully pursued where appropriate.• Manage disputed Claims and other material Claims issues in order to resolve and settle claims.• Ensure Claims files are compiled and maintained in a logical and accessible manner and that coverage and/or other Claims issues are clearly documented at all times.• Obtain satisfactory results from internal Claims audit.• Support the development of relationships with internal and external customers and Underwriters to enable the Claims function to fully support their needs.• Ensure that Claims billings and advices are responded to within agreed timeframes to provide a professional service to brokers, and clients.• Produce regular statistical and analytical Claims information to Portfolio and Risk Managers and Senior Management to enable effective monitoring of Claims.• Develop/maintain sufficient knowledge of Claims portfolio, so as to ensure delivery of accurate information to Underwriters and management when requested.Skills & experience• Law degree required.• Minimum of 3 years' experience required in professional liability claims handling or related litigation and/or cyber liability claims.• Preference will be given if experience was at both a law firm and with an insurance carrier.• Direct handling of complex high profile/high exposure professional/cyber and related claims with an emphasis on evaluating, handling, negotiating and settling complex matters.• Meaningful legal experience and policy drafting experience.• Demonstrates ability to establish close working relationship with other departments including underwriting & actuarial.• Strong negotiating, analytical, written and organizational skills with relevant mediation experience.• Excellent marketing and communication skills.• Strong computer skills (MS Word, Excel, Outlook and various in-house claims systems).OtherAt Aspen we know that having a diverse and inclusive workforce is good for our people, good for our business and good for the environments in which we operate. We therefore welcome applications from people which allows us to draw on diverse cultures, perspectives, skills and experiences.
Sr. Investment Accountant
Fidelity & Guaranty Life Business Services, Des Moines
Job Summary The Sr. Investment Accountant performs various duties related to accounting and reporting for strategic bespoke assets. The position requires incumbents to have Statutory and GAAP accounting knowledge for investments. Experience with accounting for limited partnerships, bonds, and structured securities is beneficial. Organization This position will report to the Manager, Investment Accounting and will work closely with an external third-party investment accounting administrator and external investment managers. Duties and Responsibilities Assist in the development of operational solutions for complex or unusual accounting transactions, including structured bonds, equity investments and new investment vehicles. Complete the reconciliation of investment accounting balances in system of record (Clearwater) to general ledger and preparation of applicable journal entries for strategic investments. Collaborate on developing an operational process to account for residual interests under the new accounting guidance resulting from the NAIC's Bond Project. Ensure compliance with internal control procedures and maintenance of evidence of controls. Actively seek and propose methods for continuing process improvements in the reporting, analysis and system functions. Experience and Education Requirements Bachelor's degree in Accounting or Finance Minimum 3 years of experience in investment accounting required. Experience developing process optimization within the boundaries of corporate infrastructure and regulatory environment Preferred Skills CPA Insurance industry (Life, annuity, reinsurance) Skills and Abilities Detailed oriented problem solver Highly motivated, self-starter & team player with a high energy level; willingness to aggressively take on responsibility and hold self and others accountable Strong computer knowledge including working knowledge of financial based accounting packages (Clearwater and Oracle experience preferred). Able to work & effectively communicate with all levels of management, including executive management. Strong verbal and writing skills Unconditional integrity and commitment to achieving goals. Ability to establish goals, structures, and processes necessary to implement a mission and strategic vision. Support effective partnerships with key groups and individuals and have good consultation and change management skills. Other Requirements Perform other functions, duties and projects as assigned Regular and punctual attendance Some travel may be required (less than 10%) #LI-RemoteAdditional Information Work Environments F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role. F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact [email protected]. Join our employee-centric hybrid work environment: F&G Careers About F&G Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life's unexpected events. As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work. 1Top Workplaces USA 2022 - 2023 2Des Moines Register Top Workplaces 2018 - 2022 Notice for all Applicants who are California residents under the California Privacy Rights Act. Please click here to review the policy.
Lead Investment Accountant - Close & Analysis
Fidelity & Guaranty Life Business Services, Des Moines
Job Summary The Lead Investment Accountant - Close and Analysis is responsible for performing various duties related to accounting and reporting for investments. This position is part of the Close and Analysis team within the organization's Investment Center of Excellence structure and will be responsible for the reconciliation and controls of multiple investment types including fixed maturity, private placements, derivatives and mortgage loans. This position will also be responsible for net investment income analysis and review of investment cash flows. Duties and Responsibilities Review of transaction level data within investment accounting system to ensure completeness and accuracy Liaise with Investments FP&A and Investment Strategy teams on analysis of net investment income and other key financial data Liaise with asset managers and Investment Strategy to ensure completeness and accuracy of investment cash flows for structured securities. Support internal control objectives for Investment accounting by identifying key risks, adhering to controls, documenting controls for compliance and testing, and remediating any control gaps. Assist in the coordination of both external and internal audit requests Provide regular updates to investment accounting senior management keeping them well-informed of any issues, shortcomings, or accomplishments of the team Actively seeks and proposes methods for continuing process improvements in the reporting, analysis and system functions. Experience and Education Requirements Bachelor's Degree in accounting or finance required or equivalent experience Minimum 5 years of experience in investment accounting industry Experience developing process optimization within the boundaries of corporate infrastructure and regulatory environment CPA preferred Insurance industry (Life, annuity, reinsurance) preferred Clearwater, Oracle and Essbase experience preferred Knowledge, Skills & Abilities Must possess GAAP and Statutory financial accounting knowledge for investments Knowledge of various investment asset types, i.e. fixed, equity, derivatives, mortgage loans, etc. Must demonstrate a strong working knowledge of accounting for investments and assist with research and resolution of complex accounting issues Proficient in Excel. Experience with Clearwater Analytics investment accounting platform a plus. Able to work & effectively communicate with all levels of management, including executive management. Strong verbal and writing skills Demonstrated ability to take initiative and work independently Strong analytical and problem-solving skills and courage to challenge existing processes Ability to handle multiple complex tasks & prioritize in fast paced environment Detailed oriented problem solver Self-directed individual who works well with teams Embraces and demonstrates F&G's cultural values Other Requirements Perform other functions, duties and projects as assigned Regular and punctual attendance Some travel required (less than 10%) #IND-HP #LI-MK1 #LI-RemoteAdditional Information Work Environments F&G believes in an employee-centric flexible environment, which is why we offer the ability for in-office, hybrid and remote work arrangements. During the hiring process, you'll work with your leader to decide what works best for your role. F&G complies with federal and state disability laws and makes reasonable accommodations for applicants and candidates with disabilities, unless such accommodation would cause an undue hardship for F&G. If reasonable accommodation is needed to participate in the job application or interview process, please contact [email protected]. Join our employee-centric hybrid work environment: F&G Careers About F&G Since 1959, Fidelity & Guaranty Life Insurance Company (F&G) has offered annuity and life insurance products to those who are seeking security in retirement and protection during life's unexpected events. As a national Top Workplace1, an Iowa Top Workplace2 and a proud equal opportunity employer, F&G team members are empowered, collaborative, dynamic and authentic. We believe that by embracing these values, we will continue to build and strengthen the company while continuing to be a great place to work. 1Top Workplaces USA 2022 - 2023 2Des Moines Register Top Workplaces 2018 - 2022 Notice for all Applicants who are California residents under the California Privacy Rights Act. Please click here to review the policy.
Senior Reinsurance Accountant
Mitsui Sumitomo Insurance Group, Warren
Company Overview:Mitsui Sumitomo Marine Management U.S.A., Inc. is one of the world's top ten property/casualty insurance carriers with over 40,000 employees worldwide.Essential Duties and Responsibilities include the following. Other duties may be assigned.Supports SME experts for the Property, Casualty and Marine Treaties.Acts as liaison between MSMM/MSIJ/reinsurance brokers in a true team environment to ensure up to date and timely communication among all interested parties. Works closely with Legal department to ensure required reporting to NYDFS is accurate and timely.Maintains the market security file. Manages compliance of the security between MSMM and its key reinsurance partners (brokers and reinsurers) ensuring compliance with NY DFS Regulation No. 98 governing reinsurance intermediaries and NY DFS Regulation 20, governing credit for reinsurance and MSMM standardsCoordinates and ensures timely delivery of materials for treaty negotiations including loss, premium, catastrophe, operations overviews.Reviews wording of all assumed business handled by program unit and provide the technical analysis to the management and our program unit. Work with Legal department to update Contracts, Clauses, as needed.Responsible for all reinsurance reporting required by MSIJ. (I.e. Risk Profile, Credit Risk Management Report.) Prior consultation to the staff of Office of CEO, who is in charge of reinsurance.Ensures accurate treaty/facultative reinsurance terms are entered into our reinsurance system (PRS). Ensures accurate document (incl. Bordereau) to be sent to external party's incl. MSIJ.Serves as a Subject Matter Expert for underwriting in complex booking, payment and collection of reinsurance balances (premiums and claims accounting) due to/from MSMM reinsurance partners to ensure proper and timely booking and cash flow.Develops financial analysis reports in order to review markets based on internal risk guidance to support active reinsurance placements.Liaise with Reinsurers as required, assisting with Reinsurer queries to ensure accurate data reporting and premium and claim payment / reportingResponsible for oversight, process documentation and guideline creation for domestic and international treatiesProvide support to underwriters and claims as neededComplete audit compliance and SOX controls as necessaryAd-hoc analysis as requiredCollaborate with internal and external business partners, such as Accounting, Underwriting, IT, Reinsurers, and Brokers.Participates in special projects and multi-departmental teams.Education and/or ExperienceBachelor's degree (B. A.) in Accounting or Actuarial studies from a four-year college or university is required8 years related reinsurance experience is requiredStrong negotiation skillsCPCU helpful or related reinsurance education (i.e. IIA Associates Degree in Reinsurance)Strong organizational and time management skillsThe Company is an Equal Opportunity / Affirmative Action employer, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, disability, or protected veteran status.
Reinsurance Accountant
National American Insurance Company, Chandler
National American Insurance Company (NAICO) is looking for bright, dynamic, and reliable individuals to join our team. National American Insurance Company (NAICO), a regional insurance carrier providing commercial property and casualty coverage, has proudly served our customers since 1987.MissionOur mission is to "set the standard that others strive for..." in all aspects of our business.Core Values• Integrity• Employee Development• Service• EfficiencyReinsurance Accountants at NAICO assist the reinsurance accounting manager in all areas of reinsurance accounting including computing and recording monthly reinsurance premiums and loss information. Support efforts required in system development including internal and external software systems.ESSENTIAL DUTIES AND RESPONSIBILITIES include the following:Performs a variety of accounting tasks and analyses that are required to maintain reinsurance systems.Data analysis and information processes using SQL reporting tools.Analysis of facultative reinsurance programs.Preparation of miscellaneous data requests for various states.Assists in preparation of actuarial triangles as required by management.Assists in preparation of documents for annual reinsurance contract renewals..Preparation of quarterly and annual reporting exhibits for joint venture partners.Process and review excess loss billings.Performs and assists in reinsurance system maintenance.Other duties may be assigned.EDUCATION:Bachelor's degree in accounting from a four-year college or university and two to five years insurance or related industry experience preferred.