Staff Accountant
Share
Job Location:
Hamilton Square, NJ - USA
Monthly Salary:
Not Disclosed
Posted on:
30+ days ago
Vacancies:
1 Vacancy
Job Summary
Company Details
Berkley Accident and Health is a risk management company that designs innovative solutions to address the unique challenges of each client. With our entrepreneurial culture and a strong emphasis on analytics we can help employers better manage their risk. We offer a broad range of products including employer stop loss benefit captives provider stop loss HMO reinsurance and specialty accident. The key to Berkleys success is our nimble approach to risk our ability to quickly understand think through and devise a plan that addresses each clients challenges coupled with the strong backing of a Fortune 500 company. Our parent company W. R. Berkley Corporation is one of the largest and best managed property/casualty insurers in the United States.
This role will be based in our Hamilton Square NJ office. We offer a hybrid work schedule with 4 days in the office; and 1 day remote where it makes sense to do so.
#LI-AV1 #LI-HYBRID
The Company is an equal employment opportunity employer.
Responsibilities
As a Premium Accountant youll be responsible for accounting and reporting related to the Companys direct insurance business activities. Well trust you to perform a variety of daily monthly and quarterly accounting and financial reporting activities.
What you can expect:
- Culture of innovation teamwork supportive colleagues and leaders willing to invest in talent
- Internal mobility opportunities
- Visibility to senior leaders and partnership with cross functional teams
- Opportunity to impact change
- Benefits competitive compensation paid time off comprehensive wellness benefits and programs employer funded health savings account profit sharing 401k paid parental leave employee stock purchase plan tuition assistance and professional continuing education
Well count on you for:
- Participation in the Companys monthly quarterly and year-end accounting closings.
- Daily maintenance of cash books for the business units depository bank accounts.
- Month-end reconciliation of cash books to the OPUS and DY Systems cash receipt registers and bank statements.
- Recording and balancing of all Special Risk insurance transactions into the general ledger. This would include all direct insurance transactions from the OPUS source system as well as all other insurance business reported into Berkley from the Special Risk segments various program administrators.
- Recording of paid claims into the general ledger from the Companys third-party administrators. Preparation of the Positive-Pay reconciliation.
- Recording of stop loss premium into the David Young system.
- Prepares a variety of schedules account analyses and reconciliations to support financial activities and account balances reported in the general ledger.
- Monthly production and distribution of list billing statements to brokers for premiums currently due. Application of cash receipts to policyholder accounts in OPUS system. Preparation of monthly AR aging reports for distribution to brokers in pursuit of overdue premiums. Production commission expense checks through PeopleSoft accounting system.
- Provide support to the Finance team related to a variety of activities and special projects as may be required from time to time.
- Establish and maintain positive working relationships with management finance team members and all other company employees to further the companys mission.
Qualifications
What you need to have:
- Bachelors degree
- Solid analytical and problem solving skills with a good understanding of internal controls
- Exhibits strong interpersonal skills
- Excellent organizational skills with strong ability to multi-task
- Proficiency with Microsoft Excel and general ledger software
- Strong oral and written communication skills
What makes you stand out:
- 1 to 3 years of relevant insurance industry accounting experience preferred
- Bachelors degree in accounting degree preferred
- Experience with PeopleSoft and Oracle financial applications a plus
Additional Company Details
The company offers a competitive compensation plan and robust benefits package for full time regular employees which for this role include:
Base Salary Range: $55-65k
Benefits: Health Dental Vision Life Disability Wellness Paid Time Off 401(k) and Profit-Sharing plans.
The actual salary for this position will be determined by a number of factors including the scope complexity and location of the role; the skills education training credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Required Experience:
Staff IC
Key Skills
- Balance Sheet Reconciliation
- General Ledger Reconciliation
- Accounting Software
- Account Analysis
- GAAP
- QuickBooks
- Pivot tables
- General Ledger Accounting
- Accounting
- Sage
- Account Reconciliation
- Microsoft Dynamics GP
About Company
Berkley is a leader in commercial lines insurance, with over 60+ specialized businesses - each with deep expertise in an industry, product, or regional niche.
