Junior Statutory Accountant

Berkshire Hathaway GUARD Insurance Companies•Wilkes-Barre, PA

5d•$50,000 - $70,000•Hybrid

About The Position

Berkshire Hathaway GUARD Insurance Companies is seeking a Junior Statutory Accountant, internally titled Statutory Accountant I, to join its Finance and Accounting organization in Wilkes-Barre, Pennsylvania. The role supports preparation, analysis, and reporting of the company’s statutory financial results and regulatory filings, and offers an opportunity to develop expertise in property and casualty insurance accounting and statutory reporting. Prior statutory accounting or insurance industry experience is desirable but not required. The position works closely with Finance and Accounting colleagues and with actuarial, reinsurance, investments, tax, and finance operations functions. It is based at the Corporate Home Office and follows a hybrid schedule, with three days per week in an office and two days remote. The role provides a development path within insurance finance, with increasing responsibility as technical knowledge and experience grow.

Requirements

Bachelor’s degree in Accounting, Finance, or a closely related discipline.
Good understanding of fundamental accounting concepts, financial statements, and regulations.
Strong analytical and problem-solving skills and intellectual curiosity.
High level of accuracy and attention to detail.
Microsoft Excel and data manipulation skills.
Ability to organize work effectively and meet deadlines, particularly during quarter-end and year-end reporting periods.
Clear written and verbal communication skills and comfort asking questions when something does not make sense.
Willingness and ability to learn new accounting concepts and systems.
Ability to collaborate while managing assigned responsibilities independently.
Interest in identifying opportunities to make processes simpler, more controlled, and more efficient.

Nice To Haves

Prior statutory accounting experience.
Prior insurance industry experience.
Data manipulation experience with SQL, Python, or Power BI.

Responsibilities

Support monthly, quarterly, and annual statutory financial close processes for the company’s insurance entities, including preparing quarterly and annual statutory statements and related regulatory filings and schedules.
Prepare and post journal entries and maintain supporting accounting documentation.
Prepare account reconciliations, investigate differences, and ensure reconciling items are resolved promptly.
Develop an understanding of differences between statutory accounting principles (SAP) and GAAP and their effects on the company’s financial statements.
Assist with balance-sheet and income-statement analysis, including explanations of significant period-over-period movements.
Collaborate with Statutory Accounting, Accounts Receivable, Accounts Payable, Collections, IT, and business leaders on reporting and accounting matters.
Assist with internal and external audits and regulatory examinations.
Ensure compliance with company policies, internal controls, and statutory accounting requirements.
Develop knowledge of principal accounting areas affecting a property and casualty insurer, including written and earned premiums, loss and loss adjustment expenses and reserves, assumed and ceded reinsurance, acquisition costs, expenses, investments, and tax.
Perform special projects and other duties as assigned.