Sr. Accountant, North American Finance Group

Allied World Assurance CompanyNew York, NY
$105,000 - $120,000Onsite

About The Position

Allied World is an ideal place for talented professionals who are driven by a belief in the value of collaboration and the power of knowledge. We believe that when our great people work together and support one another, our clients receive the best solutions. We embrace unique perspectives and empower each person to grow through professional development, career training and mentoring programs. Our people are our most important asset, and we are very proud of the quality of our team members.

Requirements

  • Bachelor's degree in accounting, Finance, or related field
  • 2-5 years of insurance/reinsurance accounting experience, with statutory accounting experience preferred
  • Experience working with general ledger and underwriting systems
  • Intermediate to advanced Excel skills and proficiency in Microsoft Office applications
  • Strong analytical and problem-solving skills with excellent attention to detail
  • Good written and oral communication skills
  • Ability to work under pressure, meet strict deadlines, and adapt to changing priorities
  • Maintains high level of professionalism, integrity, and trust
  • Demonstrated ability to work well in team environment

Nice To Haves

  • Professional accounting qualification (ACA, ACCA, CIMA) preferred

Responsibilities

  • Perform technical accounting work in accordance with SAP and support quarterly/annual financial reporting
  • Prepare and review key financial reconciliations, reports, and analysis to meet internal group requirements
  • Ensure key controls and reconciliations are effectively maintained with adherence to Sarbanes Oxley control framework
  • Support quarter-end and year-end close processes in accordance with company and regulatory deadlines
  • Serve as finance contact for retrocession reinsurance cover and ensure contracts are recorded correctly in underwriting and accounting systems
  • Arrange payment of ceded premiums and manage billing/collection of reinsurance recoveries
  • Reconcile investment schedules and handle regulatory investment limitation requests
  • Prepare journal entries and reconcile underwriting reports to ensure accurate accounting records
  • Process broker statements and verify accuracy against contract terms, querying discrepancies with underwriters/brokers
  • Research statutory accounting practices and procedures as required
  • Assist with internal and external audit reviews for annual audited financial statements
  • Liaise with stakeholders on reinsurance accounting queries and matters

Benefits

  • Health Insurance
  • Dental Insurance
  • Disability Insurance
  • 401k plan with company match
  • Group Term Life Insurance
  • professional development
  • career training
  • mentoring programs
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