Global Indemnityposted 18 days ago
Full-time • Mid Level
Bala Cynwyd, PA
Insurance Carriers and Related Activities

About the position

GBLI | Global Indemnity provides specialty property and casualty insurance for small to middle-market businesses - and we're on a mission to be the best-in-class while achieving steady, profitable growth. Our guiding principles include the core belief that our people are number one. We also strongly emphasize a customer-centric mentality and disciplined underwriting practices. Our work environment is flexible, friendly, and collaborative, with plenty of opportunities to take charge of your career.

Responsibilities

  • Key member of the team responsible for ownership over the quarterly close process for our group of insurance, agency and holding companies on a GAAP and STAT basis
  • Record quarterly premium, commission and incurred loss activity across our group of insurance companies
  • Preparation of monthly premium analytics and reports
  • Calculation of complex accounting adjustments surrounding premium and commission
  • Preparation and analysis of complex balance sheet and income statement reconciliations and metrics
  • Preparation and analysis of key financial packages and presentations utilized by management to analyze the business
  • Forecasting and analysis of internal divisional financial performance
  • Statutory financial statement preparation and analysis for our group of five insurance companies
  • Ensure compliance with multiple state regulatory reporting requirements
  • Ensure SOX compliance for key controls surrounding underwriting income such as premium, commission and incurred losses
  • Communication and collaboration with internal and external auditors regarding financial processes and controls
  • Prepare select quarterly Board of Directors' presentations
  • Execute various projects to increase automation and efficiency of the quarterly close
  • Conduct special requests / projects as they arise

Requirements

  • Bachelor's degree in Accounting/Finance or Audit and 5 years of accounting, financial reporting or public accounting experience - or equivalent combination of education and related experience
  • Familiar with the standard concepts, practices and procedures in the insurance industry a plus
  • Detail-oriented, commitment to quality and hard work
  • Strong computer skills - specifically Excel
  • Superior organizational skills and ability to manage multiple assignments a must
  • Flexibility to adapt to the needs of a dynamic growth environment
  • Works efficiently and effectively in both team and individual environments
  • Proactive attitude toward assignments and in managing business relationships
  • Ability to communicate professionally across all levels of the organization
  • Ability to provide excellent customer service to internal and external customers

Nice-to-haves

  • CPA license (or partial completion / intent to acquire) a plus

Benefits

  • Generous paid time off (PTO)
  • Professional development opportunities (including a mentorship program)
  • Educational assistance program, which covers up to $5,250 in educational costs per year
  • Comprehensive health insurance plan (with vision and dental)
  • Paid Parental Leave
  • Life insurance
  • 401(k) retirement plan with up to 6% company match and immediate vesting
  • Healthcare and dependent care flexible spending accounts
  • Short-term and long-term disability
  • Company-sponsored social events
  • Various committees to get involved in, which include our Diversity, Equity, and Inclusion Committee, and Charitable Giving Committee
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