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Senior Accountant
Berkley Chicago, IL
$80k-98k (estimate)
Other | Wholesale 10 Months Ago
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Berkley is Hiring a Senior Accountant Near Chicago, IL

Company Details

A reinsurer that's expanding distribution where we can strategically deploy our paper, product development & capacity for reinsurance, programs & bolt-on/turnkey products including Workplace Violence(Commercial), Violent Event Coverage(Personal) Cyber Liability(Commercial, Personal & Farm), Contractors Professional and EPLl.

We work with carriers, MGAs, PAs, agents, captives, embedded partners & more.

The company is an equal employment opportunity employer.

Responsibilities

We have an opportunity for a Senior Accountant to join our team! You will be responsible for performing various duties related to the financial reporting process including GAAP/Stat financial statement preparation and reporting, insurance and reinsurance accounting, reconciliations and monitoring cash flow. You will work closely with both our Controller and CFO on a monthly basis. Come join us!

This position can be based in either our Chicago, IL or Naperville, IL offices. We offer a hybrid work schedule.

Key functions include but are not limited to:

  • Perform month-end close activities including journal entries, supporting schedules and analysis, meeting all due dates per closing schedule
  • Perform accounting, reconciliation and reporting to include but not limited to:Process and analyze IBNR
  • Analyze Deferred Acquisition Costs and Earned Premium
  • Prepare month-end data balancing and review
  • Work with affiliates monthly, in recording and balancing assumed business
  • Analyze and reconcile bank statements and internal general ledger accounts (including analysis and resolution of reconciling items)
  • Monthly reporting of accounts and settlement of open balances on a timely basis, including monitoring and coding cash settlements, research and resolve open receivable balances, and unapplied cash items monthly
  • Perform various tasks and analysis related to Reinsurance (we will train):Calculate and analyze premium estimates
  • Assumed Reinsurance Contract Analysis and premium & loss processing
  • Monitor reinsurance contracts for profit commission
  • Responsible for the accuracy of results for assigned programs and contracts
  • Prepare analysis and utilize reporting tools to obtain information from the general ledger and/or financial data warehouse as required to assist with the reconciliation and analytic duties related to position 
  • Assist in Annual Budget Project 
  • Assists in the support of internal and external audits/examinations and SOX

Qualifications

  • Bachelor Degree in Accounting
  • 5 years accounting experience within the insurance, banking, or financial services industries
  • Advanced Excel skills (including LookUps, Pivot Tables, index matching, etc)
  • Strong knowledge of GAAP and other accounting control principles
  • Ability to set priorities, meet deadlines, and multi-task with minimal supervision
  • Highly organized, attentive to detail and analytical
  • Strong problem solving
  • Initiative and self-motivated
  • Strong written and verbal communication skills 

Additional Company Details

We do not accept any unsolicited resumes from external recruiting firms The company offers a competitive compensation plan and robust benefits package for full time regular employees 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, educatio Must be fully vaccinated and remain fully vaccinated against COVID-19*, unless prohibited by lawn, training, credentials and experience of the candidate; and other conditions of employment

Job Summary

JOB TYPE

Other

INDUSTRY

Wholesale

SALARY

$80k-98k (estimate)

POST DATE

06/10/2023

EXPIRATION DATE

04/03/2024

WEBSITE

goberkley.com

HEADQUARTERS

BENTONVILLE, AR

SIZE

50 - 100

FOUNDED

2012

CEO

ERIC BERKLEY

REVENUE

<$5M

INDUSTRY

Wholesale

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About Berkley

Founded in late 2012 with an entrepreneurial family spirit, we have grown into an experienced, exciting and fast-moving company. We have evolved from Eric and Jeff strategizing and calling potential customers in a home office, into a strategic advisor helping our customers sell more product online and in store. Our teams deep knowledge of Amazon and Retail allow us to provide strategic and scalable solutions to help your business succeed. We also design and manufacture packaging and run our own warehouse logistics operations with a national footprint. We have fun bringing your brand into the h...ands of consumers. We have the experience and expertise; we know how to successfully navigate the e-Commerce and Retail eco-systems. More
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The job skills required for Senior Accountant include Accounting, General Ledger, Analysis, Financial Statements, Financial Reporting, Problem Solving, etc. Having related job skills and expertise will give you an advantage when applying to be a Senior Accountant. That makes you unique and can impact how much salary you can get paid. Below are job openings related to skills required by Senior Accountant. Select any job title you are interested in and start to search job requirements.

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If you are interested in becoming a Senior Accountant, you need to understand the job requirements and the detailed related responsibilities. Of course, a good educational background and an applicable major will also help in job hunting. Below are some tips on how to become a Senior Accountant for your reference.

Step 1: Understand the job description and responsibilities of an Accountant.

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Step 2: Knowing the best tips for becoming an Accountant can help you explore the needs of the position and prepare for the job-related knowledge well ahead of time.

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Investigate and resolve audit findings, account discrepancies, and issues of non-compliance.

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Prepare federal, state, local, and special tax returns.

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