Associate Auditor
Princeton, NJ, US
Associate Auditor
We are adding to our diverse team of experts and are looking to hire those who are committed to building a culture that enables the creation of innovative solutions for our business units and clients.
The Company
Munich Re America Services (MRAS) is a shared service organization that delivers services to all Munich Re US P&C Companies and other group entities.
As a member of Munich Re's US operations, we offer the financial strength and stability that comes with being part of the world's preeminent insurance and reinsurance brand. Our risk experts work together to assemble the right mix of products and services to help our clients stay competitive – from traditional reinsurance coverages, to niche and specialty reinsurance and insurance products.
The Opportunity
Future focused and always one step ahead!
The Associate Auditor will assist in audits/reviews of ceding companies to evaluate compliance with the accounting and reporting requirements of reinsurance contracts. Develop non-routine analytical skills and business acumen necessary to lead audits and identify errors and omissions.
Responsibilities
- Review and Analyze Contract, Underwriting, Claims and Accounting information in preparation
- for ceding company reviews.
- Participate in reviews at ceding company and/or MGA offices, or remotely.
- Evaluate accuracy and completeness of ceding company reports.
- Identify cause/effect of errors and omissions. Develop recommendations for corrective actions.
- Prepare written reports explaining the findings of ceding company reviews.
- Assist in the follow-up on corrective action required as a result of ceding company reviews.
- Perform special projects under the direction of Account Services Management.
Qualifications
Successful candidates will possess the following skills/capabilities:
• Bachelor’s Degree in Accounting or Finance
• Working knowledge of computers and software such as Access, Excel or similar applications.
• Strong analytical, critical thinking and problem solving skills.
• Good communication skills (written and verbal).
The Company is open to considering candidates in Princeton, NJ. The salary range posted below applies to the Company’s Princeton location. The base salary range anticipated for this position is $70,000-$75,000 plus opportunity for company bonus based upon a percentage of eligible pay. In addition, the company makes available a variety of benefits to employees, including health insurance coverage, an employee wellness program, life and disability insurance, 401k match, retirement savings plan, paid holidays and paid time off (PTO). The salary estimate displayed represents the typical salary range for candidates hired in this position in Princeton, NJ. Factors that may be used to determine your actual salary include your specific skills, how many years of experience you have and comparison to other employees already in this role. Most candidates will start in the bottom half of the range.
At Munich Re, we see Diversity, Equity 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.
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