What are the responsibilities and job description for the Controller position at Berkley Alliance Managers (a Berkley Company)?
Company Details
Berkley Alliance Managers delivers cutting-edge insurance and risk management solutions tailored to meet the needs of our policyholders. We specialize in professional liability insurance for four markets: architects and engineers, construction professionals, miscellaneous service professionals, and accounting professionals. Our mission is to be the people who work relentlessly to protect our policyholders’ work and reputation.
What sets Berkley Alliance Managers apart is our commitment to nurturing a vibrant culture of innovation. We believe the best ideas emerge when collaboration thrives and the status quo is challenged. Our employees are the heart of our organization, equipped with the potential to drive meaningful change at every level. We embrace diverse perspectives, recognizing that they are essential to our success and growth.
We emphasize personal growth and advancement through various learning and educational opportunities, recognizing that our employees’ success is synonymous with our own. We prioritize teamwork and camaraderie, harnessing these values to craft unparalleled solutions for our clients. At Berkley Alliance Managers, we are more than just an insurance provider; we are an organization where everyone is valued and empowered to succeed.
Responsibilities
The Controller reports to the CFO and is involved in all aspects of accounting and financial reporting for the company. The position has management responsibility for at least one senior accountant. The Finance team at BAM is integral to the success of the company and is embedded in all aspects of the operations of the company. The Finance team partners with each of the company’s business units and functional leaders to derive the best financial outcomes possible.
Key Functions Include But Are Not Limited To
Financial Reporting & Accounting Operations
We do not accept any unsolicited resumes from external recruiting agencies or 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, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Sponsorship not Offered for this Role
Berkley Alliance Managers delivers cutting-edge insurance and risk management solutions tailored to meet the needs of our policyholders. We specialize in professional liability insurance for four markets: architects and engineers, construction professionals, miscellaneous service professionals, and accounting professionals. Our mission is to be the people who work relentlessly to protect our policyholders’ work and reputation.
What sets Berkley Alliance Managers apart is our commitment to nurturing a vibrant culture of innovation. We believe the best ideas emerge when collaboration thrives and the status quo is challenged. Our employees are the heart of our organization, equipped with the potential to drive meaningful change at every level. We embrace diverse perspectives, recognizing that they are essential to our success and growth.
We emphasize personal growth and advancement through various learning and educational opportunities, recognizing that our employees’ success is synonymous with our own. We prioritize teamwork and camaraderie, harnessing these values to craft unparalleled solutions for our clients. At Berkley Alliance Managers, we are more than just an insurance provider; we are an organization where everyone is valued and empowered to succeed.
Responsibilities
The Controller reports to the CFO and is involved in all aspects of accounting and financial reporting for the company. The position has management responsibility for at least one senior accountant. The Finance team at BAM is integral to the success of the company and is embedded in all aspects of the operations of the company. The Finance team partners with each of the company’s business units and functional leaders to derive the best financial outcomes possible.
Key Functions Include But Are Not Limited To
Financial Reporting & Accounting Operations
- Lead GAAP, statutory, and management financial reporting activities.
- Oversee monthly, quarterly, and annual close processes to ensure accuracy and timeliness.
- Prepare and review journal entries, financial statements, and balance sheet reconciliations.
- Maintain general ledger integrity, including fixed assets, accruals, and cash accounts.
- Manage state statutory reporting and filings, including Schedule P and Schedule F.
- Serve as the primary point of contact for external auditors.
- Lead Sarbanes-Oxley compliance testing and documentation.
- Recommend and implement process and internal control improvements.
- Analyze financial and operating results on a monthly, quarterly, and annual basis.
- Develop forecasts and financial models to support senior management decision-making.
- Support budgeting, long-range planning, and profitability analysis.
- Assist with special projects and business expansion initiatives.
- Supervise reinsurance accounting, including cession statements and cash settlements.
- Prepare and review reinsurance recoverables and aging reports.
- Oversee collateral administration, and credit risk evaluation.
- Lead, mentor, other accounting team members
- Establish workflow priorities and manage deadlines in collaboration with the CFO.
- Communicate financial results, risks, and issues clearly to senior leadership.
- Promote a culture of accountability, accuracy, and continuous improvement.
- Bachelor’s degree in Accounting required; CPA preferred.
- 7–10 years of progressive accounting and financial experience in the property & casualty insurance industry
- Minimum of 5 years of management or supervisory experience.
- Strong GAAP and statutory insurance accounting expertise including reinsurance assumed and ceded
- Advanced proficiency in Microsoft Excel and Microsoft Office.
- Excellent analytical, organizational, and communication skills.
We do not accept any unsolicited resumes from external recruiting agencies or 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, education, training, credentials and experience of the candidate; and other conditions of employment.
Sponsorship Details
Sponsorship not Offered for this Role