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ERGO | Munich Re | MEAG

Reinsurance Accountant Sr

Career Insights for Accountant (General)

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What they do

An Accountant organizes and maintains financial records and prepares financial statements for companies and organizations. Works as a public accountant (prepares financial documents where public disclosure is required by law, such as business balance sheets and tax returns), management accountant (prepares financial information for internal use by a company) or government accountant (maintains records for government agencies).

$77,603 / year median in Pennsylvania

-11% projected decline

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Job Description

The Hartford Steam Boiler Inspection and Insurance Company (HSB) was founded on June 30, 1866. Our first president considered HSB as "the first company in America devoted primarily to industrial safety." "Hartford Standards" quickly became the specifications for boiler design, manufacture and maintenance. HSB is a leader in equipment breakdown insurance, specialty coverages, inspection services, and engineering-based risk management for business, home and farm.
Location:
Hybrid role; 3 days in-office at our Wayne, PA, USA location.
Purpose:
As a member of the Client Integration Team, handles all financial aspects of implementing and accurately recording medium to large sized Client Company financial information. Reconciles statements, registers assumed premiums, collects accounts receivable balances, participates in the month close process, and assists with the reconciliation of cash and registrations for Profit Sharing Plans. Completes special projects and executes ad-hoc reporting when requested.
Knowledge & Skills:
Strong communications skills (verbal and written) Excellent PC Skills (Microsoft Office) Solid basic accounting background Excellent organizational skills Time management skills Prioritization skills Understanding of Insurance accounting concepts including ceding commissions, gross and net earned and written premiums.
Education and Experience:
Bachelor's degree in Business but preferable in Accounting or an Insurance concentration 3+ years experience in an Accounting role preferably with an insurance company, and at least 2 years experience as a Reinsurance Accountant. At The Hartford Steam Boiler, a subsidiary of Munich Re, 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. We are an equal opportunity employer. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, disability or protected veteran status. The work environment characteristics, and any physical and mental requirements described here are representative of those that must be met by an employee to successfully perform the essential functions of this job. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This job description is not designed to cover or contain a comprehensive listing of activities, duties or responsibilities that are required of the employee. Other duties, responsibilities and activities may change or be assigned at any time with or without notice. We are proud to offer our employees, their domestic partners, and their children, a wide range of insurance benefits: Two options for your health insurance plan (PPO or High Deductible) 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) Prescription drug coverage (included in your health insurance plan) Short and Long Term Disability coverage Vision and dental insurance plans In addition to the above insurance offerings, our employees also enjoy: 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 A hybrid environment that gives you a choice in where and how you get work done A corporately subsidized on-site cafeteria as well as a We Proudly Serve coffee shop An on-site complimentary workout facility as well as walking trails on campus grounds On-site wellness center complete with nurse practitioner Financial assistance for adoptions and infertility treatment Paid time off for eligible family care needs Tuition assistance and educational achievement bonuses Free parking A corporate matching gifts program that further enhances your charitable donation Paid time off to volunteer in your community #LI-SF1 Exempt role