MGIC · 15 hours ago
Senior Reinsurance Accountant
Milwaukee, WI
Full-time
Hybrid
Mid, Senior Level
$88K/yr - $150K/yr
5+ years expMGIC is a leading provider of private mortgage insurance, helping individuals achieve homeownership. The Senior Reinsurance Accountant will be responsible for monitoring and managing reinsurance agreements, generating analytical reports, and ensuring compliance with accounting controls.
Financial ServicesInsurance
Responsibilities
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
Qualification
Required
Bachelor's degree
More than 5 years relevant experience in accounting, analytical analysis
CPA license a plus
Accounting or Finance degree a plus
Preferred
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
Benefits
Competitive Salary & pay-for-performance bonus
Financial Benefits (401k with company match, profit sharing, HSA, wellness program)
On-site Fitness Center and classes (corporate office)
Paid-time off and paid company holidays
Business casual dress
Company
MGIC
MGIC is a private insurance company offering insurance on real estate mortgages.
501-1000 employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1991-08-16IPO
Leadership Team
Tim Mattke
Chief Executive Officer
Sean Valcamp
VP, Chief Technology Officer (CTO)
Recent News
2025-11-08
MarketScreener
2025-10-23
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