Berkley

Financial Operations Specialist

Location Name NJ, Mount Laurel
ID
2020-4404
Date Posted
2 months ago(11/19/2020 9:05 AM)
Company
Admiral Insurance Group
Primary Location
US-NJ-Mount Laurel
Category
Finance/Accounting

Company Details

Admiral_Logo_Gradient_RGB_update

Admiral Insurance Group, a W. R. Berkley Company, is a wholesale-dedicated excess and surplus lines commercial insurance carrier. We specialize in underwriting difficult-to-place moderate to high-risk commercial business looking for creative solutions to new and unusual complex risks. Our lines of business include Commercial Casualty and Professional Liability.

 

Admiral has been in operation since 1974, with antecedents dating back to 1952. We have been a part of the W. R. Berkley Corporation since 1979. W. R. Berkley Corporation, founded in 1967, is one of the nation’s premier commercial lines property casualty insurance providers. Our A.M. Best’s rating is A+ and a financial size category XV.

 

We are a company that values the individual strengths of each of our employees. Admiral empowers individuals, challenging every employee to contribute to our goal, agile solution provider to our customers and our team. We seek collaborative individuals dedicated to making a difference every day. We offer opportunities for advancement, personal development, competitive benefits and compensation.

 

Come join our team! To learn more, visit us at: https://www.admiralins.com/.

Responsibilities

The Financial Operations Specialist is responsible for working with our internal and external business partners to ensure that receivables are managed in accordance with industry best practices. This role performs a variety of accounting and bookkeeping duties and maintains contact with brokers and observes confidentiality of customer proprietary information. This role requires a light to moderate accounting background with the intellectual curiosity to grow within a progressive and dynamic team. Career path for this role would eventually be aligned with financial reporting and analysis track.

 

  • Manage customer relations at the primary level.
  • Perform secondary (escalated) customer relation duties as required.
  • Secondary operational duties as required.
  • Perform A/R general ledger entries and reconciliations.
  • Manage due diligence on unclaimed property.
  • Provide support in creating metrics for management.
  • Participate in reserving analysis, work with Controller in reviewing analysis and perform accounting entries
    Assist in budgeting activities associated with A/R.
  • Track and manage outstanding premium and deductible receivables. (Including External Agency Management)
    Propose appropriated write off items to leadership.
  • Assist in developing strategies and tactics to address challenges in A/R with the intent on reducing aging, and associated expenses.
  • Assist in implementing new procedures focused on operational efficiency and controls.
  • Additional financial reporting and forecasting projects as assigned.

Qualifications

  • Bachelor’s Degree in Finance or Accounting preferred.
  • 2-3 years Accounting experience within a high touch environment.
  • Insurance Industry experience is a plus.
  • Intermediate skills using Microsoft Office including Access and Excel.
  • Strong research and analytical skills.
  • Ability to anticipate needs and work independently.
  • Ability to sort, check, count, and verify numbers.
  • Ability to manage time and workflow effectively through prioritization.
  • Strong communication skills required, both written and verbal.
  • Proven capability at using sound judgment.
  • Ability to perform at high levels in a fast paced ever-changing work environment.
  • Track record of delivering excellent customer service, on both an internal and external basis.
  • A good understanding of Compliance Issues.
  • An up to date understanding of best practice in collections, aging, reserving.
  • Current understanding of latest trends and tools available in the market.

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