Assistant Controller at MSIG USA

Warren Township, New Jersey, United States -

Full Time

Start Date

Immediate

Expiry Date

16 May, 26

Salary

170000.0

Posted On

15 Feb, 26

Experience

5 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Financial Reporting, US GAAP, Statutory Accounting, Regulatory Filings, Financial Statements Analysis, Accounting Staff Oversight, Monthly Close, Quarterly Close, Annual Close, Parent Company Reporting, Internal Audits, External Audits, Critical Thinking, Internal Control Environment, Staff Training, System Implementation

Industry

Insurance

Description

MSIG USA continues to grow! Company Overview: MSIG USA is the US-based subsidiary of MS&AD Insurance Group Holdings, Inc., one of the world’s top P&C carriers and a global Class 15 insurer, with A+ ratings and a reach that spans 40+ countries and regions. Leveraging our 350-year heritage, MSIG USA brings the financial strength, expertise, and global footprint to offer commercial insurance solutions that address your business’s unique risks. Summary/Job Purpose: The Financial Reporting Lead is responsible for ensuring the organization’s internal and external financial reporting, analysis of Statutory and US GAAP financial statements and regulatory filings are completed on a timely basis. This includes overseeing the accounting staff and when necessary preparing financial information for the monthly, quarterly and annual close processes. In addition, the role will include overseeing the financial reporting to our parent company, MS&AD, and the related accounting to conform to MS&AD standards. Essential Functions: Financial Reporting Assist in managing the preparation and review of financial statements including disclosures for the Company’s quarterly and annual reporting requirements. Assist in managing state regulatory filings to ensure state regulator deadlines are met. Assist in managing the monthly, quarterly and annual close process by ensuring all entries, account reconciliations and other close matters are completed on a timely basis. Assist in managing the quarterly/annual audits by both internal and external auditors. Assist in home office financial analysis and reporting requirements to Japan by preparing and/or reviewing adjusting entries to ensure compliance with home office accounting policies. Utilize critical thinking skills to help streamline the close process via efficiency and automation. Establish and maintain strong working relationships with key functional departments, including but not limited to Treasury, Investments, Actuarial, Tax, Legal and Internal Audit. Other Responsibilities Ensure strong internal control environment around documentation financial reporting and disclosures. Ensure appropriate training and cross training of staff members. Back up the Accounting Manager responsibilities. Other projects as assigned by your manager, such as new system implementation or analysis of certain financial data. Supervisory Responsibilities: Must supervise, train and mentor the Accounting staff in their accounting and financial reporting responsibilities. Carry out supervisory responsibilities in accordance with the organization’s policies and applicable laws. Responsibilities include interviewing, hiring and training employees; planning, assigning, and directing work; appraising performance; rewarding and correcting employees; addressing complaints and resolving problems. Qualifications: To perform this job successfully, an individual must be self-motivated, exhibit critical thinking skills and be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and /or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform essential functions. Education and Experience Required: Bachelor’s degree in Accounting or Finance required CPA preferred 5+ years of accounting experience; property and casualty insurance experience required Knowledge of US GAAP and NAIC Statutory accounting and reporting requirements Management experience required Experience with Workday is a plus SALARY: The estimated salary range for this position is $150,000.00 - $170,000.00 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) discounts It's an exciting time for our company and a great opportunity to join a financially sound and growing global insurance group! It is the policy of MSIG USA to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, MSIG USA will provide reasonable accommodations for qualified individuals with disabilities. Each employee plays an important role which contributes directly to the success and continued growth of MSIG. MSIG Holdings (U.S.A.), Inc. (MSIG) is a wholly owned subsidiary of the MS & AD Insurance Group Holdings, Inc. – one of the top ten property-casualty insurance groups world-wide. Our Group has capital in excess of $25 Billion, operations in more than 40 countries and nearly 40,000 personnel located globally. MSIG in the U.S. is comprised of three insurance companies with licenses in all fifty states as well as Puerto Rico and the District of Columbia. These companies and five other subsidiaries, deliver state of the art risk financing programs, insurance products, risk engineering and claims management services that enable our clients to effectively and efficiently manage their risks. Our insurance companies share the A.M Best’s A+ XV Rating and Standard & Poor’s A+ Rating of our Japan-based parent. Our clientele runs the gamut from small and mid-sized, sole-proprietorships, partnerships and corporations, up to some of the largest and most sophisticated multinational corporations operating in the U.S. and globally. The vast majority of clients seek our support related to Commercial Lines insurance products including Commercial Property and Liability Insurance products. However, through our subsidiary – Seven Hills Insurance Agency, LLC. – we are able to provide Personal Lines Insurance products including homeowners, renters, automobile, etc. Specialties: All Risk Property, Commercial Liability, Automobile, Workers Compensation, Management Liability, Marine, Excess & Umbrella, Claims Management, Risk Engineering services, etc. Don't see the dream job you are looking for? Click "Get Started" below to drop off your contact information and resume and we will reach out to you if we find the perfect fit.

Responsibilities

This role ensures the timely completion of internal and external financial reporting, including analysis of Statutory and US GAAP financial statements and regulatory filings, while overseeing accounting staff. Responsibilities also involve managing financial reporting to the parent company, MS&AD, and ensuring compliance with their accounting standards.