drjobs Intermediate Accountant

Intermediate Accountant

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1 Vacancy
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Job Location drjobs

Naperville, IL - USA

Monthly Salary drjobs

Not Disclosed

drjobs

Salary Not Disclosed

Vacancy

1 Vacancy

Job Description

Company Details

Our Company provides a state of predictability which allows brokers and agents to act with confidence.

Founded in 1967 W. R. Berkley Corporation has grown from a small investment management firm into one of the largest commercial lines property and casualty insurers in the United States.

Along the way weve been listed on the New York Stock Exchange become a Fortune 500 Company joined the S&P 500 and seen our gross written premiums exceed $10 billion.

Today the Berkley brand comprises more than 60 businesses worldwide and is divided into two segments: Insurance and Reinsurance and Monoline Excess. Led by our Executive Chairman founder and largest shareholder William. R. Berkley and our President and Chief Executive Officer W. Robert Berkley Jr. W.R. Berkley Corporation is well-positioned to respond to opportunities for future growth.

The Company is an equal employment opportunity employer.

Responsibilities

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.

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)

Qualifications

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

Education Requirement

Bachelors Degree in Accounting or Finance

Employment Type

Unclear

Company Industry

About Company

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