Berkley

Financial Operations Specialist

Location Name NJ, Mount Laurel
ID
2021-5751
Date Posted
1 month ago(10/25/2021 10:36 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.

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.
  • Work may be performed primarily in an office.
  • Must be able to work on multiple assignments, under moderate stress levels.
  • Ability to travel as needed.

Additional Company Details

The Company is an equal employment opportunity employer.

Additional Requirements

COVID-19 vaccine required unless prohibited by law.

Options

Sorry the Share function is not working properly at this moment. Please refresh the page and try again later.
Share on your newsfeed

Connect With Us!

Not ready to apply? Connect with us for general consideration.