Accounting Analyst
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Job Location:
Hamilton Square, NJ - USA
Monthly Salary:
Not Disclosed
Posted on:
2 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 an Accounting Analyst youll support the accounting and reporting activities for our direct insurance business. This role offers excellent exposure to insurance operations multiple source systems and the full accounting close cycle in a collaborative environment.
Youll be a key contributor to daily accounting operations and monthly close activities supporting the accuracy and integrity of our financial reporting. This is a role where accuracy ownership and attention to detail truly matter. Youll be part of a small but dynamic team within a growing organization where your contributions are highly valued.
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:
Participating in monthly quarterly and year-end accounting close processes
Maintaining daily cash books for business unit depository bank accounts
Performing month-end cash reconciliations across our systems and bank statements
Recording and balancing direct insurance transactions in the general ledger from multiple source systems
Recording paid claims from third-party administrators and preparing Positive-Pay reconciliations
Preparing account reconciliations schedules and analytical support for general ledger balances
Producing and distributing monthly premium billing statements to brokers
Applying cash receipts to policyholder accounts
Preparing accounts receivable aging reports and supporting collections for overdue premiums
Processing commission expense checks via the PeopleSoft accounting system
Supporting the Finance team with special projects and ad hoc reporting as needed
Building strong positive relationships across Finance and the broader organization
Qualifications
What you need to have:
- Bachelors degree (Accounting or Finance preferred)
- Strong analytical and problem-solving skills with an understanding of internal controls
- Excellent organizational skills and ability to manage multiple priorities
- Proficiency in Microsoft Excel
- Strong written and verbal communication skills
- Collaborative mindset with strong interpersonal skills
What makes you stand out:
- 13 years of accounting experience preferably in the insurance industry
- Accounting major strongly preferred
- Experience with general ledger systems especially PeopleSoft and/or Oracle financial applications
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:
IC
Key Skills
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.
