9 Senior Accountant Jobs in Naperville, IL
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Berkley is Hiring a Senior Accountant Near Naperville, 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. W.R. Berkley is a great company with great people - 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 industry
- Strong knowledge of GAAP and other accounting control principles
- Advanced Excel skills (including LookUps, Pivot Tables, index matching, etc)
- 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 actual salary for this position will be determined by a number of factors, including the scope, complexity and location of the role; the skills, educationSponsorship Details
Sponsorship not Offered for this RoleJob Summary
Other
Wholesale
$79k-96k (estimate)
02/18/2024
04/09/2024
goberkley.com
BENTONVILLE, AR
50 - 100
2012
ERIC BERKLEY
<$5M
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.
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Career tips from people on Senior Accountant jobs
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