Intermediate Accountant

BerkleyNaperville, IL
72d$70,000 - $90,000

About The Position

Staff level position performing various duties related to the financial reporting process. Areas of responsibility include GAAP/Stat financial statement preparation and reporting, reinsurance accounting, reconciliations and monitoring cash flow. All functions focus on both accurate and timely completion based on the close schedule.

Requirements

  • 1-3 years of Property & Casualty Insurance accounting experience preferred
  • Necessary computer skills with an emphasis on Excel competency
  • Need to have the ability to work independently

Responsibilities

  • Preparation of accurate GAAP financial statements and reporting packages as assigned, including journal entries, supporting schedules and analysis, meeting all due dates per closing schedule.
  • Reinsurance accounting, reconciliation and reporting.
  • Create quarterly/monthly reinsurance bordereaux to send to brokers
  • Responsible for timely and accurate account reconciliations as assigned (including analysis and resolution of reconciling items).
  • Responsible for the accuracy of results for assigned programs.
  • Monitor cash settlements from both Profit Centers and Reinsurers.
  • Assists in the support of internal and external audits/examinations.
  • Active pursuit of continuous process improvement and progress measurement (metrics)

Benefits

  • We offer Medical, Dental, Vision, Flexible Spending Account, Health Savings Account and a Health Reimbursement Arrangement.
  • We support our employees in planning for their current and future security by offering Short & Long Term Disability, 401(k)/Profit Sharing/Employee Stock Purchase Plan, Life/Accidental Death & Dismemberment/Travel and Additional Life Insurance.
  • We want our employees to live productive and fulfilling lives.
  • We promote work-life balance and personal wellness by providing an Employee Assistance Program, Paid Time Off (Vacation/Sick/Holidays) and encouraging employees to participate in our groups wellness program.
  • We take risk management excellence and your professional growth and ongoing development seriously by offering industry-related education and exams along with industry-related tuition assistance.
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