Financial Analyst-Residual Market Accounting

NCCI

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profile Job Location:

Boca Raton, FL - USA

profile Monthly Salary: Not Disclosed
Posted on: 3 days ago
Vacancies: 1 Vacancy

Job Summary

Work Location:Boca Raton FLFor local candidates living within a commuting distance from our corporate headquarters (from St. Lucie county to the north to Miami-Dade county to the south).Work arrangement:Hybrid a combination of in-person collaboration and work-from-home flexibility.(Remote work is not available for this position.)NOTE:NCCI will not sponsor applicants for work the Role:Join a team that plays an important role in supporting the financial integrity of the workers compensation residual market. As a Residual Market Financial Analyst youll review quarterly servicing carrier cessions analyze financial data and support key accounting functions that help ensure accurate financial reporting across multiple reinsurance pools. If you enjoy detailed financial work problemsolving and contributing to meaningful industry outcomes this role offers a blend of challenge learning and impact. Why Youll Love This Role:Impactful Financial Work: Support reinsurance pools and regulatory bodies by preparing accurate financial statements reconciliations and analyses. Your work directly contributes to transparency and financial equity within the residual market. Analytical Variety: From bank and account reconciliations to journal entries and intercompany cash analysis youll work across a wide range of accounting functions that keep each day interesting and engaging. Collaboration & Support: Partner with pool participants and administrators to answer questions support special requests and provide clear helpful financial Through Projects: Take part as a lead or core team member on projects where youll analyze processes recommend solutions and present outcomes to managementgreat exposure for advancement. What Youll Do:Analyze quarterly servicing carrier reports and prepare financial statements exhibits and supporting documentation for reinsurance pools and regulatorsPrepare reconciliations and analyses for multiple residual market reinsurance pools. Support pool participants by managing detailed financial analysis and responding to reporting inquiries. Perform accounting responsibilities including journal entries bank reconciliations account reconciliations and intercompany cash financial documentation for external audits and regulatory or support projects by evaluating processes identifying issues recommending solutions and sharing results with management. Qualifications:Bachelors degree in a related field and 3 years of financial or accounting experience orBachelors degree in risk management with at least 2 years of accounting experience or7 years of financial or accounting experience (including financial statement preparation) in lieu of a Microsoft Office skills and general knowledge of accounting concepts. Intermediate understanding of insurance Qualifications:Working knowledge of Oracle accounting in the insurance industryespecially workers compensation or residual market :Marie Granning Talent Acquisition

Required Experience:

IC

Work Location:Boca Raton FLFor local candidates living within a commuting distance from our corporate headquarters (from St. Lucie county to the north to Miami-Dade county to the south).Work arrangement:Hybrid a combination of in-person collaboration and work-from-home flexibility.(Remote work is no...
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