What are the responsibilities and job description for the Intermediate Accountant position at Berkley?
Company Details
"Our Company provides a state of predictability which allows brokers and agents to act with confidence."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 $10 billion.Today the Berkley brand comprises more than 50 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman, founder and largest shareholder, William. R. Berkley and our President and Chief Executive Officer, W. Robert Berkley, Jr., W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.
The Company is an equal employment opportunity employer.
Responsibilities
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.
• 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
• 1-3 years of Property & Casualty Insurance accounting experience preferred• Necessary computer skills with an emphasis on Excel competency• Need to have the ability to work independently
Education Requirement
• Bachelor’s Degree in Accounting or Finance
