Intermediate Accountant
Company Details
We provide a foundation of stability and predictability that gives employees the confidence to succeed.
Founded in 1967, W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.
Along the way, we’ve been listed on the New York Stock Exchange, become a Fortune 500 Company, joined the S&P 500, and seen our gross written premiums exceed $15 billion.
Today the Berkley brand comprises 60 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by Chairman, President and Chief Executive Officer, W. Robert Berkley, Jr., W. R. Berkley Corporation is well positioned for long-term success and future growth.
The Company is an equal employment opportunity employer.
Responsibilities
Job Description:
Staff level position performing various duties related to the financial reporting process. Areas of responsibility include GAAP/Stat financial statement preparation and reporting, reinsurance accounting, reconciliations and monitoring cash flow. All functions focus on both accurate and timely completion based on the close schedule.
Key Functions/Duties of Position:
Preparation of accurate GAAP financial statements and reporting packages as assigned, including journal entries, supporting schedules and analysis, meeting all due dates per closing schedule.
Reinsurance accounting, reconciliation and reporting.
Create quarterly/monthly reinsurance bordereaux to send to brokers
Responsible for timely and accurate account reconciliations as assigned (including analysis and resolution of reconciling items).
Responsible for the accuracy of results for assigned programs.
Monitor cash settlements from both Profit Centers and Reinsurers.
Assists in the support of internal and external audits/examinations.
Active pursuit of continuous process improvement and progress measurement (metrics)
Qualifications
Education Requirement:
Bachelor’s degree in accounting or finance
Qualifications:
1-3 years of Property & Casualty Insurance accounting experience preferred
Necessary computer skills with an emphasis on Excel competency
The ability to work independently