Senior Accountant

Company Details

A reinsurer that's expanding distribution where we can strategically deploy our paper, product development & capacity for reinsurance, programs & bolt-on/turnkey products including Workplace Violence(Commercial), Violent Event Coverage(Personal) Cyber Liability(Commercial, Personal & Farm), Contractors Professional and EPLl.

We work with carriers, MGAs, PAs, agents, captives, embedded partners & more.

The company is an equal employment opportunity employer.

Responsibilities

We have an opportunity for a Senior Accountant to join our team! You will be responsible for performing various duties related to the financial reporting process including GAAP/Stat financial statement preparation and reporting, insurance and reinsurance accounting, reconciliations and monitoring cash flow. You will work closely with both our Controller and CFO on a monthly basis. W.R. Berkley is a great company with great people - come join us!

This position can be based in either our Chicago, IL or Naperville, IL offices. We offer a hybrid work schedule.

Key functions include but are not limited to:

• Perform month-end close activities including journal entries, supporting schedules and analysis, meeting all due dates per closing schedule
• Perform accounting, reconciliation and reporting to include but not limited to:Process and analyze IBNR
• Analyze Deferred Acquisition Costs and Earned Premium
• Prepare month-end data balancing and review
• Work with affiliates monthly, in recording and balancing assumed business
• Analyze and reconcile bank statements and internal general ledger accounts (including analysis and resolution of reconciling items)
• Monthly reporting of accounts and settlement of open balances on a timely basis, including monitoring and coding cash settlements, research and resolve open receivable balances, and unapplied cash items monthly
• Perform various tasks and analysis related to Reinsurance (we will train):Calculate and analyze premium estimates
• Assumed Reinsurance Contract Analysis and premium & loss processing
• Monitor reinsurance contracts for profit commission
• Responsible for the accuracy of results for assigned programs and contracts
• Prepare analysis and utilize reporting tools to obtain information from the general ledger and/or financial data warehouse as required to assist with the reconciliation and analytic duties related to position
• Assist in Annual Budget Project
• Assists in the support of internal and external audits/examinations and SOX

Qualifications

• Bachelor Degree in Accounting
• 5+ years accounting experience within the insurance industry
• Strong knowledge of GAAP and other accounting control principles
• Advanced Excel skills (including LookUps, Pivot Tables, index matching, etc)
• Ability to set priorities, meet deadlines, and multi-task with minimal supervision
• Highly organized, attentive to detail and analytical
• Strong problem solving
• Initiative and self-motivated
• Strong written and verbal communication skills

Additional Company Details

We do not accept any unsolicited resumes from external recruiting firms

The actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, education

Sponsorship Details

Sponsorship not Offered for this Role