Accounting Data Reporting Analyst

Berkshire Hathaway Homestate Companies - Omaha, NE

Full-time - Entry Level

Omaha, NE

Insurance Carriers and Related Activities

About the position

The Accounting Data Reporting Analyst is responsible for preparing, analyzing, and communicating working papers and statistical and management information related to several insurance and reinsurance operations. The activities include but are not limited to insurance data collection, data transfers, data manipulation and/or analysis, accounting, cash activity, financial and statistical reporting of one or more current categories of IDU responsibility. This position will be with National Indemnity Company in Omaha, NE, and hybrid 50%. This position is NOT eligible for employment visa sponsorship.

Responsibilities

• Compiles, reviews, analyzes and reconciles, and interprets financial and insurance information from various sources and prepares working papers, supplementary schedules for one or more companies or programs and summarizes program underwriting results.
• Processes payment requests for funding programs and loss payments by obtaining and verifying approvals for payments and ensuring timely payments.
• Coordinates communication of daily, monthly, and year end accounting, and financial statement and/or program information between various program operating locations and the Omaha office.
• May perform certain duties around the Financial Database under supervision of IDU management, which includes but not limited to, coordinating with IT and Finance to make updates in the Financial Database Systems, identifying potential program enhancements to existing applications or developing new applications, instructing programmers and Finance personnel about changes, and performs overall Financial Database balancing and control checks and determines overall Financial Database accuracy for Finance Department use.
• May calculate and prepare supplemental reserves, IBNR factors and mainframe reserving system information used for completing supplemental reserves and IBNR allocations, according to management guidelines and internal controls. Instructs programmers on changes to programs that build supplemental reserves and IBNR allocations.
• Assists in the development and maintenance of PC program applications using spreadsheet and/or database software to create processing systems and specific worksheets and databases used to meet various job duties.
• May compile and analyze historical and current financial, statistical, and insurance information for Company management.
• Maintains current working knowledge of related insurance accounting and financial reporting developments by researching and reading related materials and discussing with others.
• Responds to inquiries from internal and external auditors regarding financial transactions, balances, internal controls and procedures.

Requirements

• Bachelor's degree in related field or equivalent work experience.
• One or more years work experience.
• Knowledge of general accounting principles.
• Personal computer, related software, and basic applications such as Excel and Word.

Nice-to-haves

• Life or property casualty insurance accounting experience.
• Knowledge of financial reporting.
• Company and department practices and procedures.
• Knowledge of statutory accounting principles.
• Knowledge of Microsoft Access.

Benefits

• Retirement and savings plan with immediate enrollment with 100% employer match up to 5%.
• Medical, Dental and Vision for regular, full-time employees and eligible dependents.
• Dedicated Learning & Development program for employees to grow personally and professionally.
• 100% upfront Educational Reimbursement program.
• Subsidized downtown parking.
• Competitive time off policies including parental leave.
• Employee Assistance program.
• Wellness program integrated into the Company culture with an online wellness portal.
• Complimentary state-of-the-art onsite fitness center.