Berkley

  • Corporate Accountant

    Location Name NJ, Hamilton Square
    ID
    2018-2139
    Date Posted
    2 days ago(12/7/2018 3:31 PM)
    Company
    Berkley Accident & Health
    Primary Location
    US-NJ-Hamilton Square
    Category
    Finance/Accounting
  • Company Details

    Berkley Accident and Health (BAH) is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics, we can help employers better manage their risk. We offer a broad range of products, including employer stop loss, benefit captives, provider stop loss, HMO reinsurance, and specialty accident. The key to Berkley’s success is our nimble approach to risk – our ability to quickly understand, think through, and devise a plan that addresses each client’s challenges, coupled with the strong backing of a Fortune 500 company. Our parent company, W.R. Berkley Corporation (NYSE: WRB) is one of the largest and best managed property/casualty insurers in the United States.

    Responsibilities

    Berkley Accident and Health is seeking candidates for a Corporate Accountant position. The job duties include accounting and reporting related to the business unit’s reinsurance programs. Support Finance Department with a variety of daily, monthly, and quarterly accounting and financial reporting activities related to it Group Captive Insurance and reinsurance segment.  This employee will report to and work directly for the Controller. The job location is in Hamilton Square, NJ.

    • Participation in month-end, quarter-end and year-end accounting closes.
    • Accounting and reporting related to the business unit’s reinsurance programs. Production of monthly cession statements for recording of insurance activities into the general ledger.
    • Recording and reconcilement of accounting entries using PeopleSoft GL system and Hyperion ESSBase report writer.
    • Monthly reconciliation of bank accounts and reinsurance trust statements.
    • Collaborate with Group Captive program management team related to product line initiatives and issues.
    • Preparation of a variety of schedules, account analyses, and reconciliations to support financial activities and account balances reported in the general ledger.
    • Provide assistance and support to Accounting Manager related to monthly and quarterly financial closings.

    Qualifications

    • Four-year accounting degree with up to 2-3 years of relevant insurance industry accounting experience.
    • Excellent organizational skills, with strong ability manage multiple assignments concurrently.
    • Strong analytical and problem solving skills. Has a basic understanding of internal controls.
    • Exhibits well-defined interpersonal skills.
    • Solid oral and written communication skills.
    • Possess a solid working knowledge of Excel and general ledger software.

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